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Freight car backlog grows 75%
The backlog of freight cars grew by about 75% in 2014, according to fourth-quarter reporting statistics compiled by the Railway Supply Institute American Railway Car Institute (ARCI) Committee. As of…
Tank car safety, PTC on NTSB’s 2015 Most Wanted List
The National Transportation Safety Board has released it 2015 list of ten “Most Wanted” areas that require safety improvements. Six of the ten are either rail specific or multi-modal; four,…
Greenbrier lauds NTSB on tank car safety focus
The Greenbrier Companies, Inc. announced its support for the National Transportation Safety Board on Tuesday, Jan. 13, 2015, for NTSB's placing tank car safety on its "Most Wanted List of…
BNSF pauses on tank car purchase
BNSF Railway is taking a second look at an earlier plan to purchase up to 5,000 tank cars for hauling oil products, following feedback from some of its customers, according…
For Greenbrier, a strong first quarter
The Greenbrier Companies, Inc., got off to a strong start in the first quarter of its fiscal year, Sept. 1-Nov. 30, 2014.
2015 OUTLOOK: Can we handle it?
Another year of record capital investment will be needed to build more capacity to keep up with growing demand.
Service levels impact equipment markets
As the industry waits for the DOT and PHMSA to determine the future of the tank railcar that will carry crude oil and other flammable commodities by rail, industry insiders…
Greenbrier first fiscal quarter orders top 14,000 cars
The Greenbrier Cos. Inc. recently received orders for another 2,700 freight cars, bringing the total number of cars ordered in the company’s first fiscal quarter (September-November 2014) to 14,100 units…
Analysis: OPEC move tugs at railcar expectations
KeyBanc Capital Markets Inc. issued best- and worst-case scenarios for the freight railcar production market Thursday, Dec. 4, 2014, "[g]iven the dramatic share price volatility in the railcar space following…
Analyst: Crude oil E&P capex may affect railcar pricing
In a Dec. 3, 2014 railcar analysis report, UBS analyst Eric Crawford says that anticipated 2015 crude oil E&P (exploration and production) capital expenditure reductions may adversely impact railcar pricing.
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