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CIT Rail orders 3,000 tank cars
CIT Group Inc. announced Monday, July 30, that railcar lessor CIT Rail has ordered an additional 3,000 tank cars from multiple manufacturers. Deliveries are to begin in 2014.
ARI 2Q results set record, beat Street
American Railcar Industries, Inc. late Wednesday said its second-quarter consolidated earnings from operations set a new quarterly record of $26.0 million, more than triple the $8.2 million for the second…
Trinity reports surge of railcar orders
Trinity Industries, Inc. reported Wednesday that its Rail Group received orders for approximately 8,610 new railcars and shipped approximately 5,245 railcars during the second quarter.
Wabtec sets record 2Q earnings and sales
Wabtec Corp. Tuesday said it notched record earnings and sales in its second quarter, as the company increased its earnings guidance for the full year.
2Q railcar orders, deliveries grow, ARCI says
Orders and deliveries of railcars showed strength in the second quarter, according to the Railway Supply Institute's American Railway Car Institute (ARCI) Committee.
GATX Corp. 2Q income down; still beats Street
GATX Corp. reported second-quarter net income of $23.5 million, or 49 cents per share, down 11% from $26.4 million, or 56 cents per share, it notched in the second quarter…
Wi-Tronix hails users conference utility
Wi-Tronix, LLC on Monday thanked "everyone who attended this year's Users Conference," the first such conference the company held to tap the expertise of "over 100 industry leaders to share, discuss,…
Wabtec wins Australia ECP order
Wabtec Corp. announced Tuesday that it has signed a contract valued at about $28 million to supply electronically controlled pneumatic (ECP) braking equipment for 159 locomotives operated by Rio Tinto, a mining company…
Hawthorne named NYAB president
New York Air Brake has appointed Michael J. Hawthorne as president, effective July 1, 2012, upon the retirement of J. Paul Morgan.
Greenbrier reports record quarterly revenue
Greenbrier reported Thursday that revenue for its third fiscal quarter reached a record $507.8 million, up 11% from $458.2 million in the second quarter and up 60% from $317.3 million in the…
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