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ARI profitable 1Q fails to beat Street
American Railcar Industries, Inc. reported a first-quarter profit of $20.8 million, or 97 cents per share, late Wednesday, April 30, 2014, after the closing bell on Wall Street. compared with…
Trinity Industries record 1Q beats Street
Trinity Industries on Tuesday, April 29, 2014, reported record net income of $226.4 million, or $2.85 per share, during its first quarter, up substantially from $79.1 million, or 99 cents…
Exhibit sales open for REMSA/RSI-Hosted USA Pavilion at Brazil’s NT Expo
Exhibit sales are now open for the USA Pavilion at the Business on Rails (NT Expo) trade show in São Paulo, Brazil, co-hosted by Railway Engineering-Maintenance Suppliers Association (REMSA) and…
GATX EPS beats Wall Street consensus estimate
GATX Corp. on Thursday, April 24, 2014, reported $0.82 earnings per share (EPS) for first-quarter 2014, beating Wall Street’s consensus estimate of $0.76 by $0.06.
Freight car orders, backlog soar in first quarter—and it’s not tank cars
Freight car orders in 2014’s first quarter soared about 38% from fourth-quarter 2013, to 24,050 units, pushing builder backlogs up around 12% to 81,927, according to the most recent Railway…
Wabtec reports record first quarter
Wabtec Corp. on Wednesday, April 22, 2014 reported record results for first-quarter 2014 and affirmed its 2014 guidance for earnings per diluted share of about $3.45, with revenues expected to…
Jim Cowan joins Greenbrier as SVP Operations
Railway supply veteran Jim Cowan has joined The Greenbrier Companies, Inc. as Senior Vice President, Operations, a newly created position. He will report to Chairman and CEO William A. Furman.
From Midland Manufacturing, a safer, stronger pressure relief valve
Midland Manufacturing of Skokie, Ill, a Dover Corp. company and supplier of valves and level-measurement devices for the rail tank car market since 1951, is among the equipment manufacturers on…
NSC’s new crude oil “slick”
National Steel Car, which has been building freight cars in Hamilton, Ont., for 102 years, has entered the railroad tank car market with a 31,800-gallon DOT-111 “slick” (non-jacketed, non-coil) general-purpose…
Rolling contact fatigue root causes
Use of self-steering trucks can result in a significant reduction of high impact wheel removals, compared to traditional, non-steering three-piece units.
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