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ARI 3Q revenue slips, but backlog grows
American Railcar Industries, Inc. (ARI) reported a drop in third-quarter revenue 2014 relative to the comparable period in 2013. St. Charles, Mo.-based ARI announced its results late Wednesday, Oct. 29,…
L.B. Foster to acquire Balfour Beatty unit
L.B. Foster Co. announced on Wednesday, Oct. 29, 2014, an agreement to acquire the railroad tuning unit, FWO, of Balfour Beatty Rail GmbH. The German business provides track lubrication and switch roller…
Trinity Industries 3Q earnings rise
Trinity Industries, Inc. announced third-quarter earnings of $149.4 million, or 90 cents per diluted share, up 43% from $99.6 billion, or 63 cents per share, in the third quarter of…
Wabtec marks successful third quarter
Wabtec Corp. on Tuesday, Oct. 28, 2014 announced "record results" for its third quarter, led by record earnings per diluted share of 93 cents, up 22% from the comparable quarter…
RSI stats show 3Q14 car orders break record
The Railway Supply Institute on Thursday, Oct. 23, 2014 released its railcar industry order, delivery, and backlog statistics for the third quarter, noting the quarter was the largest ever for…
Strato honored by N.J. manufacturing industry
Piscataway, N.J.-based Strato, Inc., says it has been named New Jersey Manufacturer of the Year 2014 by NJBIZ, a business publication.
Greenbrier calls for no delays on PHMSA rulemaking, legacy tank car retrofits
Greenbrier on Oct. 10, 2014 reiterated its support for the Pipelines and Hazardous Materials Safety Administration’s (PHMSA) proposed Option 2 design for new tank cars in flammable service built after…
Improving safety on North America’s “122-inch pipeline”
Are corrosion protection strategies for rail “all hat and no cattle?” (all talk, no substance?). James McDonald, Terry Aben P.E., and Douglas Mittlesteadt of Hempel USA examine this subject for…
Cap screw clamping challenge
Sometimes, a new railroad product that’s a bit different from “business as usual” will encounter resistance. Here’s how one supplier stayed the course and earned acceptance.
STB extends TTX pooling authority
TTX Co. said the Surface Transportation Board has approved a five-year extension of TTX's pooling authority governing all types of flatcars, including those that handle intermodal traffic, finished automobiles, and…
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