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Chicago Freight Car Leasing promotes two
Chicago Freight Car Leasing Co. (CFCL), a premier lessor of railcars to industrial, agricultural, and food product shippers and railroads, has promoted two of its employees, the company announced July…
Miller Ingenuity, DuraForce sign exclusive distribution agreement
Miller Ingenuity has signed an exclusive distribution agreement with DuraForce Company, LLC, to sell the DuraForce™ Fastener Systems, the company announced August 4, 2015.
UP reports environmental strategies, goals in annual CDP disclosure
Affirming its commitment to protecting the environment now and for future generations, Union Pacific (UP) has submitted climate change data to CDP an outlined initiatives and investments to reduce greenhouse…
Freight car market remains healthy: Economic Planning Associates
Demand for freight cars remains at a healthy level “in spite of a sluggish economy and extremely soft financial performances by the railroads,” Economic Planning Associates (EPA) said in its…
FRA issues rule preventing unattended trains carrying flammables from rolling away
The Federal Railroad Administration (FRA) issued on July 30, 2015 a final rule to prevent unattended trains that carry crude oil, ethanol, poisonous by inhalation (PIH), toxic by inhalation (TIH),…
Midwest Terminals opens car repair shop
Midwest Terminals, a full-service cargo, bulk, ballast and transloading operator with facilities in Toledo and Cadiz, Ohio, has opened MWT Railcar Repair Shop, a new freight car repair facility. MWT…
Is Bakken CBR fading away?
Bakken crude oil hauled in unit trains may disappear by 2017, according to an analysis conducted by RBN Energy LLC.
Yangtze, Anyang Railway Equipment form JV
Yangtze Railroad Materials has formed a joint venture with Anyang Railway Equipment LLC, a top Chinese materials manufacturer based in the city of Anyang, in the Henan Province of China,…
Wabtec to acquire Faiveley Transport for $1.8 billion
Wabtec has confirmed that it plans to acquire Faiveley Transport for a total purchase price of $1.8 billion, including assumed debt, which if approved, will create one of the world's…
Wabtec posts record second quarter
Wabtec Corp. on June 23, 2015 reported record results for second-quarter 2015.
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