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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…
Tank car production bolsters railcar orders
Economic Planning Associates, in its most recent freight car building report, said it expects orders this year to dip to just above 50,000, down from 2012’s 58,900, then rebound strongly…
ARI in tank car pact with ACF Industries
American Railcar Industries, Inc. late Thursday said it has entered into a purchasing and engineering services agreement with ACF Industries, LLC. ACF will build rail tank cars at its Milton, Pa., plant,…
Valero sets tank car buy for crude processing
Valero Energy Corp., billed as the world's largest independent refiner, plans to purchase 2,000 tank cars to increase shipment of crude oil to inland U.S. locations.
Greenbrier Cos. pleased with 1Q numbers
The Greenbrier Cos. early Wednesday reported its fiscal first-quarter results for the period ending Nov. 30, 2012, and indicated satisfaction with the outcome.
Greenbrier Cos. notes new railcar orders
Lake Oswego, Ore.-based The Greenbrier Cos. late Monday said it is meeting "robust demand for new railcars in North American and European markets with orders for over 4,200 units valued…
Greenbrier to Icahn: No deal
The Greenbrier Companies has firmly rejected Carl Icahn-led American Railcar Industries’ conditional proposal to acquire Greenbrier for $22 per share. The offer “is unacceptable and not in the best interests…
ARI to Greenbrier: $22, take it or leave it
American Railcar Industries late Wednesday disclosed that it had raised its offer for railcar builder Greenbrier from $20 to $22 a share.
Greenbrier plus ARI: Let the games begin
The Greenbrier Companies, one of only a handful of remaining domestic railcar manufacturing companies, late yesterday said that Carl Icahn’s current attempt to have American Railcar Industries (ARI), of which…
ARI offers to buy rival Greenbrier Cos.
American Railcar Industries Inc., controlled by well-known investor Carl Icahn, has offered to buy Lake Oswego, Ore.-based The Greenbrier Cos. Inc. for about $543 million.
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