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Analyzing “fail to couple” yard events
When it occurs, car-coupling failure adds cost to the bottom line, adding up to millions of dollars each year, and making prevention a priority.
Cold Train to open Chicago office
Cold Train said Monday it is opening a new office in downtown Chicago in 2013 to aid "hauling more cargo and various products back from the Midwest and East Coast…
Timken Co. to buy Greenbrier Cos. asset package
The Greenbrier Cos. Thursday said it has reached agreement with The Timken Co. to sell "substantially all the equipment utilized in Greenbrier's reconditioned wheelset roller bearing operations in Elizabethtown, Kentucky."
Record 4Q, full-year earnings for ARI
St. Charles, Mo.-based American Railcar Industries late Wednesday reported record fourth-quarter earnings of $24.4 million, up from $5.1 million in the fourth quarter of 2011. Revenue for the quarter was…
Rail Group aids Trinity's 4Q, full-year results
Trinity Industries announced Wednesday that Rail Group orders for 5,620 new railcars during the fourth quarter pushed its backlog to 31,990 units valued at $3.7 billion. The Rail Group shipped 4,960 railcars…
FreightCar America logs 4Q loss
FreightCar America, Inc. late Tuesday reported a net loss of $1 million, or 8 cents per diluted share, on revenue of $116.6 million in the fourth quarter, compared with net…
Wabtec reports record 4Q, full-year results
Wabtec Corp. said Tuesday record fourth-quarter earnings per diluted share of $1.34, 40% above EPS in the fourth quarter of 2011 and topping Wall Street analyst consensus estimates of $1.31.…
Miller Felpax to expand facilities
Miller Felpax Corporation plans to expand its facilities by 20% to include additional offices, warehousing, and training and innovation lab facilities.
McKinstry: Cold Train shrinks carbon footprint
Seattle-based energy and facility services firm McKinstry released a carbon analysis study confirming that the Cold Train refrigerated express intermodal service to/from the Port of Quincy Intermodal Terminal produces a…
PBF Energy East Coast rail facility to see first unit train, further infrastructures improvements
PBF Energy Inc. announced today the completion of the second crude oil unloading facility at its subsidiary's Delaware City refinery. The construction of the 70,000 barrel per day (bpd) rail…
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