Freight Cars

In its current quarterly freight car building forecast, Economic Planning Associates, Inc., says that, except for the booming tank car market, 2013, “in spite of continued [high capital] investments by…
GATX Corp. Thursday reported first-quarter net income of $27.1 million, or 57 cents per diluted share, down from $30.3 million, or 64 cents per diluted share, in the first quarter…
American Railcar Industries late Wednesday reported first-quarter net earnings of $17.9 million for its first quarter ended March 31, up a substantial 49% from the prior-year quarter, mostly on strong…
Wabtec Corp. Wednesday morning reported net income from operations of $104 million, or earnings of $1.44 per diluted share, for the first quarter of 2013, up 18% from the same…
Figures released Wednesday by the Railway Supply Institute's American Railway Car Institute (ARCI) Committee show 23,901 cars were ordered in the first quarter of 2013, while 11,952 cars were delivered,…
Railinc will participate in car-hire training, including leading sessions, at the American Short Line and Regional Railroad Association (ASLRRA) 2013 annual convention in Atlanta, April 27-May 1.
The size of the North American revenue-earning freight railcar fleet increased by 1% in 2012, but has not recovered to pre-recession population levels, according to Railinc’s annual North American Freight…
Lake Oswego, Ore.-based The Greenbrier Cos. Thursday reported net earnings of $13.8 million, or 45 cents per diluted share, in its second fiscal quarter ending Feb. 28, 2013. That was…
Lake Oswego, Ore.-based The Greenbrier Companies, Inc. late Wednesday said it received new orders in January, February, and March for 5,400 railcar units valued at approximately $575 million.
TTX Co. AVP-Marketing Frank Adcock will outline the challenges of "Managing the national equipment pool" at The New Intermodal Age Conference and Expo, to be held next week, April 2-3,…
When it occurs, car-coupling failure adds cost to the bottom line, adding up to millions of dollars each year, and making prevention a priority.
Cold Train said Monday it is opening a new office in downtown Chicago in 2013 to aid "hauling more cargo and various products back from the Midwest and East Coast…
The Greenbrier Cos. Thursday said it has reached agreement with The Timken Co. to sell "substantially all the equipment utilized in Greenbrier's reconditioned wheelset roller bearing operations in Elizabethtown, Kentucky."
St. Charles, Mo.-based American Railcar Industries late Wednesday reported record fourth-quarter earnings of $24.4 million, up from $5.1 million in the fourth quarter of 2011. Revenue for the quarter was…
Trinity Industries announced Wednesday that Rail Group orders for 5,620 new railcars during the fourth quarter pushed its backlog to 31,990 units valued at $3.7 billion. The Rail Group shipped 4,960 railcars…
FreightCar America, Inc. late Tuesday reported a net loss of $1 million, or 8 cents per diluted share, on revenue of $116.6 million in the fourth quarter, compared with net…
Wabtec Corp. said Tuesday record fourth-quarter earnings per diluted share of $1.34, 40% above EPS in the fourth quarter of 2011 and topping Wall Street analyst consensus estimates of $1.31.…
Miller Felpax Corporation plans to expand its facilities by 20% to include additional offices, warehousing, and training and innovation lab facilities.
Seattle-based energy and facility services firm McKinstry released a carbon analysis study confirming that the Cold Train refrigerated express intermodal service to/from the Port of Quincy Intermodal Terminal produces a…
PBF Energy Inc. announced today the completion of the second crude oil unloading facility at its subsidiary's Delaware City refinery. The construction of the 70,000 barrel per day (bpd) rail…
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