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FreightCar America reports 3Q loss
FreightCar America, Inc. reported a third-quarter loss in both revenue and earnings Wednesday, Oct. 29, 2013, driven in large measure by lower railcar deliveries, according to one Wall Street analyst.
Trinity Industries record 3Q earnings beat Street
Trinity Industries, Inc. reported record third-quarter earnings after the closing bell on Wall Street Wednesday, Oct. 30, 2013, surpassing Wall Street consensus analyst estimates.
Wabtec sets EVP/CFO transition
Wabtec Corp. said Sunday, Oct. 27 , 2013 Patrick D. Dugan has been named executive vice president and chief financial officer effective Jan. 1, 2014. Dugan will succeed Alvaro Garcia-Tunon,…
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…
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