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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…
Rittenbaum rising at GLC
Mark J. Rittenbaum, Executive Vice President, Commercial & Leasing at The Greenbrier Companies, Inc. is transitioning to President of Greenbrier Leasing Corp. (GLC), in anticipation of James T. Sharp’s retirement…
Strato taps Lullman for key sales post
Long-time railway supply executive Alan C. Lullman has joined Strato, Inc. as Vice President of Sales. He brings a broad range of experience including executive sales and business development for the…
Davage joins Caltrax
Caltrax Inc, announced that Don Davage has joined their rail team.
For carbuilders, a sliver of hope amid continued weakness
The percentage of shippers planning to order railcars ticked down for the second consecutive quarter, but on a same-shipper basis, the percentage increased modestly, and the conviction level about ordering…
Greenbrier-Astra Rail formed in Europe
The Greenbrier Companies, Inc. and Astra Rail Management GmbH on Oct. 13 announced formation of Greenbrier-Astra Rail, a new company “that will create an end-to-end, Europe-based freight railcar manufacturing, engineering…
FRA directive on 111 tank cars
On Sept. 30, 2016, the Federal Railroad Administration (FRA) issued a Railworthiness Directive (Directive or RWD) to all owners of Department of Transportation (DOT) specification 111 general purpose tank cars.
Signs of renewed life in the freight car market
Obtaining an accurate read on the current freight car market is like trying to fine-tune a multiple-carburetor setup on a classic performance car. Adjust one setting, and another setting may…
Suppliers to Congress: STB shooting first, asking questions later
The industry groundswell attacking the Surface Transportation Board’s pending actions on forced access and commodity reregulation has grown to include the railway supply community, including the three principal trade associations…
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