Freight Cars

Can exports revive North America’s crude-by-rail and coal?
The Greenbrier Companies, Inc., reported financial results for its third fiscal quarter ended May 31, 2016 that indicate continued strong performance, despite a railcar market that has softened in recent…
At the recent Railway Age “Rail Insights 2016” conference, I moderated a panel on the lease market for railcars. My panel participants were Robert Hart from Fifth Third Bank and…
Railcar demand “has weakened significantly in this year’s opening quarter and backlogs have dropped to only 95,038 cars,” according to the most recent report issued by Economic Planning Associates. The…
Irish Rail (IE) operated a 440 meter (almost 1/3 mile) long container freight train between Dublin North Wall and Claremorris on June 27 as part of trials to introduce longer…
In the current down market, a “strong case” can be made for consolidation in the freight car building sector, according to Cowen and Company analyst Matt Elkott.
Whiting Corp., a North American manufacturer of custom-built rail maintenance equipment and overhead cranes, is acquiring certain railcar and locomotive repair assets from L.B. Foster Rail Technologies, Inc.
In a letter to Washington Governor Jay Inslee, the president of the Washington State Council of Fire Fighters, Dennis Lawson, asked “to prohibit rail transport of Bakken crude through our…
Citing “reductions in new railcar demand and improved efficiencies of the railroads in North America for the foreseeable future,” Amsted Rail is temporarily idling its Bessemer, Ala., Griffin® wheel facility.…
AllTranstek LLC has expanded it fleet management services to include a fourth team, and has promoted several key managers.
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