Freight Cars

Wabtec Corp. on July 25, 2016 reported second-quarter results affected by lower freight sector-related revenues.
The Railway Supply Institute Committee on Tank Cars (RSICTC) has named veteran railcar design and regulatory compliance and safety professional John Byrne as Vice Chairman. Byrne succeeds William Finn, who…
Ithaca, N.Y.-based Smith Marketing Services has been awarded a contract for leading the branding effort for Railway Interchange 2017, to be held in Indianapolis Sept. 17-20, 2017.
The Railway Supply Institute American Railway Car Institute’s (ARCI) second-quarter 2016 freight car order, delivery and backlog statistics are “somewhat better than expected,” according to KeyBanc Capital Markets analyst Steve…
A terminal serving the crude oil industry is offering help for drought-stricken California.
Can exports revive North America’s crude-by-rail and coal?
The Greenbrier Companies, Inc., reported financial results for its third fiscal quarter ended May 31, 2016 that indicate continued strong performance, despite a railcar market that has softened in recent…
At the recent Railway Age “Rail Insights 2016” conference, I moderated a panel on the lease market for railcars. My panel participants were Robert Hart from Fifth Third Bank and…
Railcar demand “has weakened significantly in this year’s opening quarter and backlogs have dropped to only 95,038 cars,” according to the most recent report issued by Economic Planning Associates. The…
Irish Rail (IE) operated a 440 meter (almost 1/3 mile) long container freight train between Dublin North Wall and Claremorris on June 27 as part of trials to introduce longer…
In the current down market, a “strong case” can be made for consolidation in the freight car building sector, according to Cowen and Company analyst Matt Elkott.
Whiting Corp., a North American manufacturer of custom-built rail maintenance equipment and overhead cranes, is acquiring certain railcar and locomotive repair assets from L.B. Foster Rail Technologies, Inc.
In a letter to Washington Governor Jay Inslee, the president of the Washington State Council of Fire Fighters, Dennis Lawson, asked “to prohibit rail transport of Bakken crude through our…
Citing “reductions in new railcar demand and improved efficiencies of the railroads in North America for the foreseeable future,” Amsted Rail is temporarily idling its Bessemer, Ala., Griffin® wheel facility.…
AllTranstek LLC has expanded it fleet management services to include a fourth team, and has promoted several key managers.
FreightCar America, Inc. announced May 27, 2016 that its Board of Directors has appointed Theodore (Ted) W. Baun as Chief Commercial Officer, effective June 1, 2016.
Cowen and Company Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl attended the National Association of Rail Shippers (NARS) 2016 Annual Meeting, and offers the following report:
Union Pacific Chairman, President and CEO Lance M. Fritz will be the keynote speaker at the RSI/CMA 2016 Rail Expo & Technical Conference on Monday, Oct. 3, 2016 in Omaha,…
Janam Technologies LLC, a provider of rugged mobile computers that scan barcodes and communicate wirelessly, and Buckeye Mountain, a provider of mobile technology for the railroad industry, announced May 24,…
The Greenbrier Companies, Inc. on May 24, 2016 entered into an agreement to acquire a 19.5% ownership stake in Amsted-Maxion Cruzeiro for $10 million.
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