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GATX 3Q earnings beat Street
Chicago-based GATX Corp. Thursday, Oct. 24, 2013 reported third-quarter net income of $53.8 million, or $1.15 per diluted share, compared with net income of $53.8 million, or $1.13 per diluted…
Railcar report: Orders slowing; backlog remains
The Railway Supply Institute's American Railway Car Institute (ARCI) Committee on Friday, Oct. 18, 2013, released its railcar industry order, delivery, and backlog statistics for the third quarter, with tank…
RSI/CMA 2014 set for September in Montreal
The Railway Supply Institute (RSI) and Coordinated Mechanical Associations (CMA) will hold RSI/CMA 2014 on September 21-23 in Montreal, Quebec at the Palais des congrés de Montréal (Montreal Convention Center).
Foul-smelling trash trains? Zap them with Train Fresh!
It’s “Febreeze for trains”: a new product from Stage 8 designed to eliminate those awful odors that accompany a trash-carrying train (freight or transit, like the NYC Transit trash train…
AAR adds two Silver Associate Members
Eastern Fluid Power Inc. and FTD Fahrzeugtechnik Bahnen Dessau GmbH have joined the Association of American Railroads as Silver Associate Members.
2014 Railroad Financial Desk Book
Welcome to the 2014 edition of the Railroad Financial Desk Book. As regular readers know, every year we take a look back at issues and events that have impacted the…
NYAB DB-60 II control valve maintains brake pressure on grades
Heavy-haul freight trains require fully charged brakes. When operating a train on a downgrade, brake usage levels on individual cars climb, equipment heats up, and braking power levels can drop…
NYAB names execs to engineering, quality and program management posts
New York Air Brake has appointed Bill Kleftis Vice President of Engineering and Dr. Karen Tichenor Vice President of Quality and Program Management.
Wabtec acquires Longwood
Wabtec Corp. has acquired Longwood Industries, Inc., a manufacturer of specialty rubber products for transportation, oil and gas, and industrial markets, with annual sales of about $70 million. Wabtec expects…
Motion Control momentum in Russia
Amsted Rail and Russian freight car builder United Wagon Co. have entered into a joint venture to introduce heavy-haul freight rail rolling stock components into the CIS (Commonwealth of Independent…
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