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Vertex Rail readies for North Carolina start-up
Vertex Rail Technologies LLC, a manufacturer of railroad tank cars, announced on Nov. 13, 2014 that it is opening a new plant in Wilmington, N.C., at a site that until…
Is coal on a comeback?
With utility losses stabilizing and global demand still strong, carloads are edging upward.
A. Stucki Co. forms subsidiaries
Pittsburgh-based A. Stucki Co. on Monday, Nov. 10, 2014 said it is forming "several subsidiaries into an industrial division to emphasize its full range of production capabilities."
Miner completes testing for AAR S-213 boxcar plug door standard
Miner Enterprises has concluded boxcar plug door testing for door manufacturers pursuant to newly revised Association of American Railroads Standard S-213. A series of tests were conducted for the AAR…
Freight car backlog nears 125,000
The freight car backlog at the end of third-quarter 2014 amounted to 124,437 cars and platforms, the highest backlog level since October 1979’s 127,887 (when figures were compiled monthly), according…
FreightCar America 3Q earnings much improved
FreightCar America, Inc. reported third-quarter net income of $6.4 million, or 53 cents per diluted share, much better than the loss of $900,000, or 8 cents per diluted share, in…
Greenbrier Cos. touts record 4Q, full year
The Greenbrier Cos., Inc. on Thursday, Oct. 30, 2014 announced "record results for [the] fourth quarter and fiscal year," adding it had received orders of "an additional 11,400 units" after…
ARI 3Q revenue slips, but backlog grows
American Railcar Industries, Inc. (ARI) reported a drop in third-quarter revenue 2014 relative to the comparable period in 2013. St. Charles, Mo.-based ARI announced its results late Wednesday, Oct. 29,…
L.B. Foster to acquire Balfour Beatty unit
L.B. Foster Co. announced on Wednesday, Oct. 29, 2014, an agreement to acquire the railroad tuning unit, FWO, of Balfour Beatty Rail GmbH. The German business provides track lubrication and switch roller…
Trinity Industries 3Q earnings rise
Trinity Industries, Inc. announced third-quarter earnings of $149.4 million, or 90 cents per diluted share, up 43% from $99.6 billion, or 63 cents per share, in the third quarter of…
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