Freight Cars

Rail equipment lessor CAI Rail Inc. has selected Miner Enterprises, Inc. to supply Double Groove III pneumatic gates for 440 plastic pellet covered hopper cars to be built by National…
InnoTrans, the semi-annual global railway industry trade exhibition and the largest event of its type, is offering discounted tickets to North American attendees. As well, this year’s event will have…
Wabtec Corporation on April 26, 2016 reported results for first-quarter 2016, with higher sales in the company’s Transit Group more than offset by lower sales in the Freight Group, leading…
William Glenn, a 14-year rail industry veteran, has joined railcar and locomotive leasing company Wells Fargo Rail as Chief Commercial Officer. Glenn will be responsible for leading sales, structured sales,…
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…
The Greenbrier Companies, Inc. on April 5, 2016 reported financial results for its second fiscal quarter, which ended Feb. 29, 2016.
Luther Sigsbee Miller, long-time Editor-in-Chief of Railway Age, died March 8, 2016. He was 89.
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 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…
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…
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…
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.
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…
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…
Wilmington, N.C.-based Vertex Railcar Corp. on Feb. 25, 2016 announced launch of Vertex Rail Leasing, LLC, which is structured as a wholly owned subsidiary “and will serve as a leasing…
New York Air Brake LLC, part of the Knorr Bremse Group, is commemorating Engineers Week 2016, Feb. 21-27, through a lineup of events “that reaches out to future engineers and…
As many readers of the “Financial Edge” know, the end of 2015 saw the purchase of General Electric Railcar Services, one of the largest and in some ways oldest of…
Customers served by BNSF Railway invested $1.2 billion in new or expanded facilities in 103 communities and created more than 1,500 jobs across the BNSF rail network in 2015, marking…
Vertex Railcar Corp’s new freight car manufacturing facility in Wilmington, N.C., is being outfitted to produce 8,000 cars per year. However Vertex CEO Donald Croteau says that with the company’s…
Wabtec Corporation on Feb. 18, 2016 reported record results for fourth-quarter 2015, as higher sales in the company’s Freight Group more than offset lower sales in the Transit Group, which…
Start
Prev
1
Page 1 of 42