Freight Cars

Another year of record capital investment will be needed to build more capacity to keep up with growing demand.
As the industry waits for the DOT and PHMSA to determine the future of the tank railcar that will carry crude oil and other flammable commodities by rail, industry insiders…
The Greenbrier Cos. Inc. recently received orders for another 2,700 freight cars, bringing the total number of cars ordered in the company’s first fiscal quarter (September-November 2014) to 14,100 units…
KeyBanc Capital Markets Inc. issued best- and worst-case scenarios for the freight railcar production market Thursday, Dec. 4, 2014, "[g]iven the dramatic share price volatility in the railcar space following…
In a Dec. 3, 2014 railcar analysis report, UBS analyst Eric Crawford says that anticipated 2015 crude oil E&P (exploration and production) capital expenditure reductions may adversely impact railcar pricing.
The Missouri Chamber of Commerce and Industry presented freight car manufacturer American Railcar 
Industries, Inc. (ARI) with a 2014 Missouri Fast Track Award during its annual meeting on Nov. 20, 2014.
A report prepared by The Brattle Group on Tuesday, Dec. 2, 2014, states that a new proposed rule on railroad tank cars could cost the U.S. economy as much as…
The Greenbrier Companies has promoted Vice President, External Affairs & Communications Jack Isselmann to Senior Vice President, External Affairs & Programs.
Vertex Rail Technologies LLC, a manufacturer of railroad tank cars, announced on Nov. 13, 2014 that it is opening a new plant in Wilmington, N.C., at a site that until…
With utility losses stabilizing and global demand still strong, carloads are edging upward.
Pittsburgh-based A. Stucki Co. on Monday, Nov. 10, 2014 said it is forming "several subsidiaries into an industrial division to emphasize its full range of production capabilities."
Miner Enterprises has concluded boxcar plug door testing for door manufacturers pursuant to newly revised Association of American Railroads Standard S-213. A series of tests were conducted for the AAR…
The freight car backlog at the end of third-quarter 2014 amounted to 124,437 cars and platforms, the highest backlog level since October 1979’s 127,887 (when figures were compiled monthly), according…
FreightCar America, Inc. reported third-quarter net income of $6.4 million, or 53 cents per diluted share, much better than the loss of $900,000, or 8 cents per diluted share, in…
The Greenbrier Cos., Inc. on Thursday, Oct. 30, 2014 announced "record results for [the] fourth quarter and fiscal year," adding it had received orders of "an additional 11,400 units" after…
American Railcar Industries, Inc. (ARI) reported a drop in third-quarter revenue 2014 relative to the comparable period in 2013. St. Charles, Mo.-based ARI announced its results late Wednesday, Oct. 29,…
L.B. Foster Co. announced on Wednesday, Oct. 29, 2014, an agreement to acquire the railroad tuning unit, FWO, of Balfour Beatty Rail GmbH. The German business provides track lubrication and switch roller…
Trinity Industries, Inc. announced third-quarter earnings of $149.4 million, or 90 cents per diluted share, up 43% from $99.6 billion, or 63 cents per share, in the third quarter of…
Wabtec Corp. on Tuesday, Oct. 28, 2014 announced "record results" for its third quarter, led by record earnings per diluted share of 93 cents, up 22% from the comparable quarter…
The Railway Supply Institute on Thursday, Oct. 23, 2014 released its railcar industry order, delivery, and backlog statistics for the third quarter, noting the quarter was the largest ever for…
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