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Freight car market headed for new growth in 2014
Economic Planning Associates, in its quarterly freight car building forecast released Monday, July 29, expects this year’s numbers, which are lagging about 11% behind 2012’s, to improve significantly in 2014. “Based…
American Railcar Industries logs strong 2Q
American Railcar Industries, Inc. (ARI) reported second-quarter earnings of $23.6 million, or $1.11 per share, late Wednesday, July 24, 2013, following the close of trading on the New York Stock…
Analyst: Tank cars still driving orders in 2Q
Figures released Friday, July 19, 2013, by the Railway Supply Institute's American Railcar Institute Committee (ARCI) show that tank cars continued to be a driving force in railcar orders during…
GATX net rises in second quarter
GATX Corp. Thursday, July 18, 2013, reported higher second-quarter net income of $35.1 million, or 74 cents per share, compared with $23.5 million, or 49 cents per share, in the…
Wabtec gets bogies contract in Mauritania
Wabtec Corp. said July 15 that it has signed a $21 million contract with SNIM (Société Nationale Industrielle et Minière), the National Industrial and Mining Co. of Mauritania, to provide bogies…
Two levels or three, both suit me
Within the space of a few minutes, the robotic assembly line at Honda’s East Liberty, Ohio, plant can transition from building compact Civics to CRV crossovers. The Ford Explorer, a…
Greenbrier reports FY3Q results—and a few big changes
The Greenbrier Companies, Inc. on Tuesday, July 2 reported results for its fiscal year third quarter ended May 31, 2013, and at the same time announced significant changes in its…
CMA, LRIW set Railway Interchange 2013 agendas
The Coordinated Mechanical Associations—comprising the Air Brake Association (ABA), International Association of Railroad Operating Officers (IAROO), Locomotive Maintenance Officers Association (LMOA), Mechanical Association Railcar Technical Services (MARTS)—and the League of…
RSI: Special Railway Interchange 2013 rate for shippers
The Railway Supply Institute is offering a special exhibition registration rate of $150 for rail shippers attending Railway Interchange 2013, Sept. 29-Oct. 2, 2013 in Indianapolis, Ind.
Equipment leasing: The best of times?
The good news is obvious; the bad news is actually hard to find.
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