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Owen appointed BIC Secretary General
The Bureau International des Containers (BIC) announced that Douglas Owen has been appointed Secretary General. Owen joined the BIC as Deputy Secretary General in late 2012.
Wabtec updates 4Q guidance, provides 2017 projections
Wabtec on Dec. 1 released 4Q 2016 guidance and preliminary guidance for 2017:
2017 Fast Trackers nominations
Railway Age presents its second annual Fast Trackers contest, in which we will profile ten individuals under the age of 40 who have made an impact in their respective fields…
Not in my railcar, you don’t—right?
Railcar buyers are frequently of habit. It stands to reason. The costs of operating a railcar for moving a commodity are generally transportation, rent or debt expense (unless the asset…
Arrow purchases EMS
Arrow Material Services, a leading provider of material handling and logistics services, announced its purchase of EMS Management, Inc.
Freight cars: Backlog bolsters deliveries, but it won’t last
The most recent freight car forecast from Economic Planning Associates calls for deliveries of just under 62,000 units in 2016, as carbuilders work off significant backlogs, followed by a 21,000-car…
Amsted Rail agrees to acquire Amsted Rail-Faiveley brake components business
Amsted Rail announced Oct. 28 that it has entered into an agreement to acquire 100% ownership of the Amsted Rail-Faiveley brake component business for freight cars.
GBX stock slide "unwarranted": Cowen and Company
Investors tend to be a fickle, knee-jerking lot, and when it comes to railroads or railroad suppliers, often clueless. Case in point: The Greenbrier Companies stock price taking a 6.52%…
Greenbrier FY16 results: Record revenue of $2.68 billion
Greenbrier on Oct. 25 reported results for its fourth quarter and fiscal year ending Aug. 31, 2016, as well as orders for 2,300 railcars valued at $200 million.
“Civil War-era” technology? You’re joking, right?
I’ve heard some pretty disingenuous (that’s a polite word for “dopey”) things said about railroads in my nearly 25 years at Railway Age. Nearly all of them have come from…
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