Freight Cars

Chicago Freight Car Leasing Co., a subsidiary of Sasser Family Holdings, has named long-time employee Jay Wilensky Vice President, Accounting & Finance.
The Greenbrier Companies, Inc. has signed a multi-year maintenance supply agreement to provide CIT Rail with dedicated access to repair capacity at Greenbrier’s railcar repair and parts shop in Atchison,…
L.B. Foster reported second-quarter net income of $7.3 million, or 71 cents per share, comparing favorably with a net loss of $2 million, or 20 cents per share, in the…
The Andersons, Inc. announced Monday, Aug. 5, 2013, that it has entered into an agreement to acquire Mile Rail, LLC, a railcar repair and cleaning company headquartered in Kansas City, Mo.
FreightCar America, Inc. recorded a net loss of $3.4 million, or a loss of 29 cents per diluted share, in the second quarter, the company said late Friday, Aug. 2,…
Trinity Industries, Inc. late Wednesday, July 31, 2013, posted second-quarter earnings of $84 million, or $1.06 per share, surpassing second-quarter 2012 income of $67.8 million, or 84 cents per share.
FreightCar America, Inc. has commenced production at its new Shoals facility in Cherokee, Ala. The company sub-leased approximately 25% of the manufacturing facility from Navistar, Inc. earlier this year.
Economic Planning Associates, in its quarterly freight car building forecast released Monday, July 29, expects this year’s numbers, which are lagging about 11% behind 2012’s, to improve significantly in 2014. “Based…
American Railcar Industries, Inc. (ARI) reported second-quarter earnings of $23.6 million, or $1.11 per share, late Wednesday, July 24, 2013, following the close of trading on the New York Stock…
Figures released Friday, July 19, 2013, by the Railway Supply Institute's American Railcar Institute Committee (ARCI) show that tank cars continued to be a driving force in railcar orders during…
GATX Corp. Thursday, July 18, 2013, reported higher second-quarter net income of $35.1 million, or 74 cents per share, compared with $23.5 million, or 49 cents per share, in the…
Wabtec Corp. said July 15 that it has signed a $21 million contract with SNIM (Société Nationale Industrielle et Minière), the National Industrial and Mining Co. of Mauritania, to provide bogies…
Within the space of a few minutes, the robotic assembly line at Honda’s East Liberty, Ohio, plant can transition from building compact Civics to CRV crossovers. The Ford Explorer, a…
The Greenbrier Companies, Inc. on Tuesday, July 2 reported results for its fiscal year third quarter ended May 31, 2013, and at the same time announced significant changes in its…
The Coordinated Mechanical Associations—comprising the Air Brake Association (ABA), International Association of Railroad Operating Officers (IAROO), Locomotive Maintenance Officers Association (LMOA), Mechanical Association Railcar Technical Services (MARTS)—and the League of…
The Railway Supply Institute is offering a special exhibition registration rate of $150 for rail shippers attending Railway Interchange 2013, Sept. 29-Oct. 2, 2013 in Indianapolis, Ind.
The good news is obvious; the bad news is actually hard to find.
The Association of American Railroads last month added one new Railroad Affiliate Member and four new Associate Members.
Lessons learned from TTX Co. Increasing asset utilization by a single percentage point can make the difference between a typical year and a banner year. By blending operations insight with…
At a ceremony in Cleburne, Tex., Wednesday, May 29, the Greenbrier Cos. introduced Multi-Max, an automotive railcar that the company says "significantly advances the options for transporting autos by rail."
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