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Analyst: Crude oil E&P capex may affect railcar pricing
In a Dec. 3, 2014 railcar analysis report, UBS analyst Eric Crawford says that anticipated 2015 crude oil E&P (exploration and production) capital expenditure reductions may adversely impact railcar pricing.
ARI honored by Missouri Chamber of Commerce and Industry
The Missouri Chamber of Commerce and Industry presented freight car manufacturer American Railcar Industries, Inc. (ARI) with a 2014 Missouri Fast Track Award during its annual meeting on Nov. 20, 2014.
Report: Proposed tank car rule is costly
A report prepared by The Brattle Group on Tuesday, Dec. 2, 2014, states that a new proposed rule on railroad tank cars could cost the U.S. economy as much as…
Greenbrier names Isselmann to Senior VP slot
The Greenbrier Companies has promoted Vice President, External Affairs & Communications Jack Isselmann to Senior Vice President, External Affairs & Programs.
Vertex Rail readies for North Carolina start-up
Vertex Rail Technologies LLC, a manufacturer of railroad tank cars, announced on Nov. 13, 2014 that it is opening a new plant in Wilmington, N.C., at a site that until…
Is coal on a comeback?
With utility losses stabilizing and global demand still strong, carloads are edging upward.
A. Stucki Co. forms subsidiaries
Pittsburgh-based A. Stucki Co. on Monday, Nov. 10, 2014 said it is forming "several subsidiaries into an industrial division to emphasize its full range of production capabilities."
Miner completes testing for AAR S-213 boxcar plug door standard
Miner Enterprises has concluded boxcar plug door testing for door manufacturers pursuant to newly revised Association of American Railroads Standard S-213. A series of tests were conducted for the AAR…
Freight car backlog nears 125,000
The freight car backlog at the end of third-quarter 2014 amounted to 124,437 cars and platforms, the highest backlog level since October 1979’s 127,887 (when figures were compiled monthly), according…
FreightCar America 3Q earnings much improved
FreightCar America, Inc. reported third-quarter net income of $6.4 million, or 53 cents per diluted share, much better than the loss of $900,000, or 8 cents per diluted share, in…
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