Freight Cars

Based on a “broadening demand for rolling stock, beginning-of-the-year backlogs, and continued growth in customer markets,” Economic Planning Associates, in its quarterly freight car review released Jan. 31, 2014, predicts…
CIT Group said early Monday, Feb. 3, 2014 it has acquired Paris-based Nacco SAS, "one of the largest independent full service railcar lessors in Europe."
The Watertown Urban Mission Food Pantry in upstate New York will undergo a $250,000 renovation this year, thanks to a charity established by the parent company of New York Air…
Dallas-based Trinity Industries, Inc. on Tuesday, Jan. 28, 2014 said it had closed the sale of the second tranche of leased railcars to Element Financial Corp., under the newly formed…
Fourth-quarter railcar orders, deliveries, and backlogs showed robust activity, according to the Railway Supply Institute's American Railway Car Institute Committee (ARCI) data released Thursday, Jan. 23, 2014. Tank cars, in…
Chicago-based GATX Corp. on Thursday, Jan. 23, 2014 reported fourth-quarter 2013 earnings of $53.3 million, or $1.14 per diluted share, compared with net income of $29.7 million, or 62 cents…
The Railway Supply Institute (RSI) is urging Transportation Secretary Anthony Foxx to include tank car manufacturers and other parties in any effort to improve tank car safety, particularly when related…
Saguenay, Quebec-based Entretien Ferroviaire Boivin, Inc. has joined the Association of American Railroads as a Silver Associate Member.
The Greenbrier Companies, Inc. on Wednesday, Jan. 8, 2014 reported net earnings of $16 million, or 51 cents per share, for its fiscal first-quarter 2014 ending Nov. 30, 2013, missing…
The Railway Supply Institute (RSI) is now accepting 2014-2015 school year applications for the RSI Scholarship Program, which provides a minimum of five $5,000 scholarships each year. Since 1989, RSI…
Railinc has upgraded its Car Hire Rate Negotiation Self-Service (CHRNSS) application, “enhancing the ability of railroads, car owners, and third-party leasing companies to query, view, and manage data essential to…
Hamburg, Germany-based VTG Aktiengesellschaft (VTG), a railcar leasing and rail logistics company, said Tuesday, Dec. 10, 2013 it has expanded its U.S. railcar fleet.
Trinity Industries, Inc. announced Monday, Dec. 9, 2013, a new strategic alliance with Element Financial Corp., which will work with Trinity's newly formed, wholly-owned subsidiary called TrinityRail Asset Management Co.,…
The Association of American Railroads has established its Associate Advisory Board (AAB) seats for calendar years 2014-2015. The AAR received more than 70 nominations for 32 seats on AAR committees.
The USA Pavilion at last month's Business on Rails (NT Expo) trade show in São Paulo, Brazil, co-hosted by Railway Engineering-Maintenance Suppliers Association (REMSA) and The Railway Supply Institute (RSI),…
Saudi Railways Organization (SRO) has awarded FreightCar America a $67 million contract to supply 500 freight cars, including cement, cereal, limestone, and ballast hoppers.
CN has announced a program to acquire additional monitoring equipment to enhance its strong technological base for early detection of defects.
Indicted on 10 counts of securities fraud by an Alabama grand jury and facing up to 10 years in prison on each count if convicted, National Steel Car chief executive…
The U.S. railway supply industry, through its principal trade and professional associations, will be increasing its presence at InnoTrans 2014, with a goal of increasing export business. Over the period…
St. Charles, Mo.-based American Railcar Industries, Inc. has reported "strong" third-quarter earnings of $35.6 million, or 98 cents per share, up 17% from earnings of $30.3 million in the third…
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