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Mitsui combines with JA Mitsui Leasing, Norinchukin for North American Railcar leasing
Mitsui & Co. Ltd. has entered into an agreement with JA Mitsui Leasing Ltd. (JAML) and The Norinchukin Bank for their participation in Mitsui Rail Capital LLC (MRC), which operates…
Tank car builders don’t agree on DOT-111 obsolescence timeline
Tank car builder The Greenbrier Companies is urging the White House Office of Management and Budget to disregard advice by the company’s own industry trade group, the Railway Supply Institute-Committee…
AAR, API collaborate on CBR first-responder safety course
The Association of American Railroads (AAR) and American Petroleum Institute (API) have collaborated on a new crude-by-rail (CBR) introductory safety course for first responders. This course is available free of…
Greenbrier Cos. touts fiscal 2Q15 orders
The Greenbrier Companies, Inc. announced Tuesday, March 17, 2015 it has received new orders in its second quarter ended Feb. 28, 2015 for 10,100 railcar units valued at $1.09 billion.
Retired U.S. Navy SEAL to keynote Railway Interchange 2015
Railway Interchange 2015 host organizations announced Thursday, March 12, 2015 that motivational speaker and retired U.S. Navy SEAL Robert O'Neill will deliver the keynote address for the conference and exhibition,…
AAR lauds Transport Canada tank car proposal
Association of American Railroads (AAR) President and CEO Edward R. Hamberger responded late Wednesday, March 11, 2015, to Transport Canada's proposed TC-117 tank car standard.
Mechanical Rubber Products buys Prestige Rubber
Warwick, N.Y.-based Mechanical Rubber Products Co. announced Monday, March 9, 2015 it has acquired Prestige Rubber Manufacturing Co., based in Fairfield, N.J.
2015 freight car deliveries: 85,000
Based upon a record backlog of nearly 143,000 units, Economic Planning Associates is projecting deliveries of 85,000 freight cars and intermodal platforms in 2015. Close to half—40,000 cars—will be tank…
Tank car builder chooses NYAB DB-60 II with Brake Cylinder Maintaining
New York Air Brake (NYAB) shipped its first DB-60 II air brake control valves equipped with its new Brake Cylinder Maintaining (BCM™) feature on Feb. 23, 2015. The valves will…
ARI 4Q earnings disappoint Street
St. Charles. Mo.-based American Railcar Industries Inc. reported fourth-quarter net income of $22.7 million, or $1.06 per share, late Wednesday, Feb. 18, 2015, after the closing bell on Wall Street.…
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