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Analysts, legal and financial experts weigh in on DOT’s HHFT NPRM
The Notice of Proposed Rulemaking issued by the U.S. DOT for HHFTs (High-Hazard Flammable Trains) hauling crude oil and other commodities the DOT deems hazardous in tank cars has produced…
“Record results” for Wabtec in 2Q
Wabtec Corp. on Thursday, July 24, 2014, reported "record results" for its second quarter.
GBW Railcar Services marks official launch
The Greenbrier Cos., Inc. and Watco Cos. LLC announced Monday, July 21, 2014, that they "have completed formation of their 50/50 railcar repair joint venture creating the largest independent railcar…
RSI: 2Q railcar orders, deliveries flex muscle
The Railway Supply Institute on Friday, July 18, 2014, released its railcar industry order, delivery, and backlog statistics for the second quarter, with the data showing strong growth, which one…
RSI/CMA/CRS 2014 nearly sold out
Exhibit space is 85% sold for RSI/CMA 2014 and the Canadian Rail Summit (CRS), the upcoming industry trade show and technical conference highlighting the U.S. and Canadian railway and railway…
UTLX’s 5,000th compressed gas tank car
Union Tank Car Company has marked the fabrication and in-to-service completion of its 5,000th compressed gas tank car since 2010. These jumbo cars are optimized for transporting propane, butane, and…
Booth space available at RSI/REMSA USA Pavilion
According to the Railway Supply Institute (RSI) and Railway Engineering-Maintenance Suppliers Association (REMSA), “Many railway suppliers are interested in expanding their customer base and business partners abroad, particularly in the…
InnoTrans 2014: Largest ever
InnoTrans 2014 is shaping up to be the largest-ever of this bi-annual global railway trade show, which attracts close to 3,000 companies representing every railway discipline. North American participation at…
"Solid" 3Q earnings, revenue for Greenbrier Cos.
The Greenbrier Cos. Wednesday, July 2, 2014, reported fiscal third-quarter net earnings of $33.6 million, or $1.03 per diluted share, compared with last year's fiscal third-quarter net earnings, excluding a…
Analyst: Thumbs up to Trinity Industries buy
Trinity Industries, Inc. has announced its intent to acquire Meyer Steel Structures, a provider of tubular steel structure for electricity transmission and generation, for about $600 million.
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