Freight Cars

Based largely on an increase in demand for its tank cars and hopper cars, American Railcar Industries, Inc. (ARI) on July 30, 2014 reported record earnings and revenues for second-quarter 2014.
Riding high on a record backlog of freight car orders, Trinity Industries reported second-quarter earnings per common diluted share of $1.01—a 94% increase year-over-year—and quarterly revenue and net income of…
Economic Planning Associates has once again raised its estimate for 2104-2015 freight car deliveries, based on “a strong first-half 2014” and “a formidable backlog” approaching 100,000 units.
The Notice of Proposed Rulemaking issued by the U.S. DOT for HHFTs (High-Hazard Flammable Trains) hauling crude oil and other commodities the DOT deems hazardous in tank cars has produced…
Wabtec Corp. on Thursday, July 24, 2014, reported "record results" for its second quarter.
The Greenbrier Cos., Inc. and Watco Cos. LLC announced Monday, July 21, 2014, that they "have completed formation of their 50/50 railcar repair joint venture creating the largest independent railcar…
The Railway Supply Institute on Friday, July 18, 2014, released its railcar industry order, delivery, and backlog statistics for the second quarter, with the data showing strong growth, which one…
Exhibit space is 85% sold for RSI/CMA 2014 and the Canadian Rail Summit (CRS), the upcoming industry trade show and technical conference highlighting the U.S. and Canadian railway and railway…
Union Tank Car Company has marked the fabrication and in-to-service completion of its 5,000th compressed gas tank car since 2010. These jumbo cars are optimized for transporting propane, butane, and…
According to the Railway Supply Institute (RSI) and Railway Engineering-Maintenance Suppliers Association (REMSA), “Many railway suppliers are interested in expanding their customer base and business partners abroad, particularly in the…
InnoTrans 2014 is shaping up to be the largest-ever of this bi-annual global railway trade show, which attracts close to 3,000 companies representing every railway discipline. North American participation at…
October 28 & 29, 2014   |  Washington Marriott Hotel  |  Washington, DC · MIXED TRAFFIC: Meeting the Challenges · Sponsorships Join Railway Age at this premier event — the industry’s only conference on freight-plus-passenger railroading.…
The Greenbrier Cos. Wednesday, July 2, 2014, reported fiscal third-quarter net earnings of $33.6 million, or $1.03 per diluted share, compared with last year's fiscal third-quarter net earnings, excluding a…
Trinity Industries, Inc. has announced its intent to acquire Meyer Steel Structures, a provider of tubular steel structure for electricity transmission and generation, for about $600 million.
Kansas City Southern has named Gary W. Jarboe Vice President Mechanical Operations for Kansas City Southern Railway (KCSR), closely coordinating with the leadership of Kansas City Southern de Mexico, S.A.…
Not including orders for 7,000 new railcars worth $700 million announced May 21, 2014, Greenbrier has been awarded contracts for 7,700 cars from multiple buyers valued at more than $960…
October 28 & 29, 2014  |  Washington Marriott |  Washington, DC Conference Agenda Tuesday, October 28 8:00 Registration and Continental Breakfast - Westend Ballroom Foyer 9:00 Keynote AddressJames A. Squires, President,…
Anthony D. “Tony” Kruglinski, Founder and President of Railroad Financial Corporation and Railway Age’s long-time Financial Editor, died Sunday, June 15, at his home in West Orange, N.J., of pancreatic cancer.…
Addressing the Railway Age Crude By Rail Conference in Arlington, Va., Thursday, June 12, 2014, Association of American Railroads (AAR) President and CEO Edward R. Hamberger detailed the many steps…
Miner Enterprises Inc. said Thursday, June 12, 2014 that "a Class I railroad has selected Miner's 5-foot manual AggreGate® outlets for 54 new ballast cars currently being built by FreightCar…
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