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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.…
Trinity Industries reports good 4Q, 2014
Trinity Industries, Inc. released its fourth-quarter earnings late Wednesday, Feb. 18, 2015, which one Wall Street analyst defined as "solid" results.
FreightCar America 4Q, full-year results shine
FreightCar America reported its fourth-quarter and full-year 2014 results Tuesday, Feb. 17, 2015, after the closing bell on Wall Street, highlighted by positive net earnings in 2013 compared with a…
Wabtec touts record results for 2014
Wabtec Corp. on Wednesday, Feb. 18, 32015, reported record results for 2014, with expectations of repeating the accomplishment in 2015.
Simmons-Boardman Rail Group awarded Railway Interchange 2015 event guide contract and electronic media partnership
Simmons-Boardman Rail Group, which consists of Railway Age, Railway Track & Structures (RT&S), and International Railway Journal (IRJ), has been awarded the event guide contract and emedia partner for Railway…
RSI-CTC to PHMSA: Stronger tank cars alone won’t do it
The Railway Supply Institute Committee on Tank Cars (RSI-CTC) on Feb. 6, 2015, released a statement regarding the Pipeline and Hazardous Materials Safety Administration (PHMSA) draft rule on tank cars…
Wabtec acquires Railroad Controls L.P.
Wilmerding, Pa.-based Wabtec Corp. has acquired Railroad Controls L.P., a provider of railway signal construction services with annual revenue of about $75 million in 2014.
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