Freight Cars

Road & Rail Services, Inc., announced Dec. 8 that it was awarded the 2015 Mosaic Platinum Safety Award, recognizing its excellence in safety leadership and performance for its operations in…
The Bureau International des Containers (BIC) announced that Douglas Owen has been appointed Secretary General.  Owen joined the BIC as Deputy Secretary General in late 2012.
Wabtec on Dec. 1 released 4Q 2016 guidance and preliminary guidance for 2017:
Railway Age presents its second annual Fast Trackers contest, in which we will profile ten individuals under the age of 40 who have made an impact in their respective fields…
Railcar buyers are frequently of habit. It stands to reason. The costs of operating a railcar for moving a commodity are generally transportation, rent or debt expense (unless the asset…
Arrow Material Services, a leading provider of material handling and logistics services, announced its purchase of EMS Management, Inc.
The most recent freight car forecast from Economic Planning Associates calls for deliveries of just under 62,000 units in 2016, as carbuilders work off significant backlogs, followed by a 21,000-car…
Amsted Rail announced Oct. 28 that it has entered into an agreement to acquire 100% ownership of the Amsted Rail-Faiveley brake component business for freight cars.
Investors tend to be a fickle, knee-jerking lot, and when it comes to railroads or railroad suppliers, often clueless. Case in point: The Greenbrier Companies stock price taking a 6.52%…
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.
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…
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…
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…
Caltrax Inc, announced that Don Davage has joined their rail team.
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…
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…
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.
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…
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…
A leasing company peer was lamenting the state of the railcar marketplace, the downward and steady pressure on railcar lease rates and the dim prospects for a 2017 rebound. The…
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