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Shipper survey: Rail equipment outlook not as bad as perceived
Half the rail shippers queried in Cowen and Company’s 1Q16 Rail Shipper Survey say they will or may place orders for freight cars in the next twelve months, according to…
Greenbrier posts solid second quarter results
The Greenbrier Companies, Inc. on April 5, 2016 reported financial results for its second fiscal quarter, which ended Feb. 29, 2016.
Luther S. Miller, Nov. 30, 1926 – March 8, 2016
Luther Sigsbee Miller, long-time Editor-in-Chief of Railway Age, died March 8, 2016. He was 89.
Cover joins LEJAK & Associates as VP Sales and Marketing
LEJAK & Associates, Inc. announced on March 21, 2016 the hiring of Robert Cover as Vice President of Sales and Marketing, Eastern Region. Cover is a veteran of the railway…
KeyBanc at REF 2016: A transition to "normal" demand
KeyBanc Capital Markets attended the 2016 Rail Equipment Finance Conference, and after numerous presentations from railcar OEMs, lessors, shippers and finance companies, believes that the industry is transitioning to a…
REF 2016: “The sky isn’t falling”
Railway Age at REF 2016: The freight car finance and leasing market is challenging, given current economic conditions, but is relatively robust, based on information shared at the 30th annual…
TCRH acquires Transco’s Ohio railcar repair facility
RR Mergers & Acquisitions, specialist in the sale of rail service and supplier companies, announced on March 7, 2016 the sale of Transco Railway Products Inc.’s Bucyrus, Ohio railcar repair…
Riverside Rail launched in Chicago
Three Chicago-based investors, affiliates of Allstate, Duchossois Capital Management and CC Industries, Inc., announced March 4, 2016 formation of a new freight railcar leasing company, Riverside Rail.
UTLX retrofitting DOT-111s, CPC-1232s at new Ohio plant
Union Tank Car Company’s Repair Business Unit has established a tank car remanufacturing facility in Marion, Ohio, the company announced March 1, 2016. The new plant was developed to retrofit…
Greenbrier CCO transitions from role
The Greenbrier Companies, Inc. announced Feb. 26, 2016 that William Glenn, Senior Vice President and Chief Commercial Officer has decided to pursue opportunities outside the company. Effective immediately, Glenn is…
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