Freight Cars

Progress Rail has signed an agreement to acquire Downer EDI’s freight rail business, Downer Freight Rail, an Australian railcar company.
Caltrax is the latest railcar repair shop to switch to RailcarRx Repair Management System (RMS), for cloud-based RMS to manage its daily railcar repair operations.
Come Feb. 1, 2018, the Railway Supply Institute (RSI) will have new leadership, as President Tom Simpson, who has spent nearly 30 years at the organization, retires. Mike O’Malley, a…
Strato, Inc.’s Quality Management System has been certified to ISO 9001:2015, superseding the company’s previous ISO 9001:2008 certification, and one year earlier than required.
There have been four rounds of NAFTA (North American Free Trade Agreement) re-negotiations, with the fifth round set for Mexico City beginning Nov. 17. According to Workingman’s Dead: NAFTA Withdrawal…
Union Pacific and Katoen Natie broke ground on a new state-of-the-art plastic packaging facility in Dallas.
Rail freight flattened out for the week ending Nov. 4, as the Association of American Railroads reported U.S. traffic was 538,739 carloads and intermodal units, down 0.8% compared with the…
Joseph Parsons will take on the newly-created title of general manager at the Iowa Interstate Railroad (IAIS), effective Nov. 3, concurrent with the retirement of Jerome Lipka from the position…
New Columbia, Penn., was the site of a celebration for the Union County Industrial Railroad and GAF Materials Corp., as the latter hosted an inaugural railcar ribbon cutting at its…
In spite of a slowing in the movements of major commodities, demand for railcars was relatively stable in this year’s third quarter, according to the most recent report issued by…
The Greenbrier Companies subsidiary Greenbrier Management Services LLC (GMS) has expanded its railcar fleet under management by approximately 85,000 units to 355,000 since Aug. 31, 2016, an increase of more…
Weaker demand and lower lease rates weighed on American Railcar Industries results in the fiscal third quarter, as a challenging market hit sales of new cars.
Railcar builder The Greenbrier Companies reported fourth-quarter revenue of $611.4 million and net earnings of $23.7 million, or 75 cents per diluted share, including a $3.5 million goodwill impairment charge.…
Union Pacific Corp. had third quarter net income of $1.2 billion, or a $1.50 per share, up from $1.1 billion, or $1.36, in the year-ago quarter, on improved pricing despite…
Total U.S. rail traffic for the week ending Oct. 21 was 559,989 carloads and intermodal units, up 3% from the same week a year ago, according to the Association of…
Recent acquisitions helped boost results for component and systems provider Wabtec Corp. in the third quarter as sales of existing equipment in the transit and freight categories faced “challenging market…
Norfolk Southern Corp. reported third-quarter net income of $506 million, up 10% on-year, as income from railway operations increased 11% to $911 million and the operating ratio fell to a…
Canadian National reaffirmed full-year financial estimates on third-quarter revenue that was 7% higher and earnings that were essentially unchanged.
Canadian Pacific Railway reported third-quarter adjusted diluted earnings per share of $2.90, up 6%, on revenue that was 3% higher at $1.6 billion.
The results of Cowen and Company’s Third-Quarter 2017 Railcar Survey are a “net neutral,” based on several factors, according to Vice President Matt Elkott. The percentage of shippers responding to…
Start
Prev
1
Page 1 of 67

Get the latest rail news

Rail news and analysis from Railway Age, IRJ and RT&S by email