Freight Cars

Midland Manufacturing of Skokie, Ill, a Dover Corp. company and supplier of valves and level-measurement devices for the rail tank car market since 1951, is among the equipment manufacturers on…
National Steel Car, which has been building freight cars in Hamilton, Ont., for 102 years, has entered the railroad tank car market with a 31,800-gallon DOT-111 “slick” (non-jacketed, non-coil) general-purpose…
Use of self-steering trucks can result in a significant reduction of high impact wheel removals, compared to traditional, non-steering three-piece units.
For those of you unable to join the more than 400 attendees at Rail Equipment Finance 2014, “Financial Edge” is here to help.
Understanding the dynamic North American revenue-earning rail equipment fleet is important to logistics system stakeholders including railroads, shippers, financial institutions, car builders, suppliers, and others associated with the industry. Railinc’s…
Lake Oswego, Ore.-based The Greenbrier Cos., Inc. reported second-quarter earnings Thursday, April 3, 2014, with gains in revenue and earnings measured against the comparable quarter in 2013. But Wall Street…
Canton, Ohio-based The Timken Co. said Tuesday, March 24, 2014 it has entered into an agreement with Moscow-based United Wagon Co. (UWC) to "establish a joint venture to manufacture Timken®…
Exhibit space sales for RSI/CMA 2014, the Railway Supply Institute’s annual trade show, will begin Monday, March 17, 2014. Sponsorship sales for both RSI/CMA and Canadian Rail Summit 2014, hosted…
It is a truth universally acknowledged that railroads exist to haul stuff. Market share and operating ratios are about how stuff is moved, and finance is about how you pay…
The Greenbrier Cos., Inc. said Monday, March 3, 2014 it has received "new orders in the second fiscal quarter ended February 28, 2014 for 5,600 railcar units valued at approximately…
The U.S. Department of Transportation (DOT) on Feb. 25, 2014 issued an Emergency Order requiring crude oil shippers to test product from the Bakken region to ensure the proper classification…
St. Charles, Mo.-based American Railcar Industries says it recorded record earnings for the full year of 2013, and a 3% rise in consolidated earnings during the fourth quarter compared with…
CN President and Chief Executive Officer Claude Mongeau will be the keynote speaker at RSI/CMA 2014 on Monday, Sept. 22 in Montréal, Québec.
BNSF Railway, the industry’s largest transporter of crude oil, announced on Thursday, Feb. 20, 2014, plans to purchase its own fleet of up to 5,000 crude oil tank cars that…
Dallas-based Trinity Industries late Wednesday, Feb. 19, 2014, reported fourth-quarter net income of $112.8 million, or $1.44 per share, up from $71.3 million, or 90 cents a share, in the…
Union Tank Car Company’s network of mobile repair teams and dedicated mini shops established a new record in 2013, with well over a half-million car “touches,” including field inspections, repairs,…
Wabtec Corp. early Wednesday, Feb. 19, 2014, reported "record results" in its fourth quarter, including earnings per diluted share of 76 cents. Net income for the fourth quarter was $74 million,…
FreightCar America, Inc. reported a fourth-quarter loss following the close of trading Tuesday, Feb. 18, 2014, with its rail division contributing to the shortfall. The company's fourth quarter net loss…
Saint John, New Brunswick-based Irving Oil Ltd. announced plans Monday, Feb. 17, 2014, to voluntarily convert its older DOT-111 tank cars used in crude-by-rail (CBR) business—which has soared in recent…
West Brookfield, Mass.-based freight car lessor Boxcar Services LLC has 
merged with Vertex Rail Technologies LLC to form Vertex Rail
 Manufacturing. Beginning in second-quarter 2014, Vertex Rail will
 manufacture tank…
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