Freight Cars

In October of each year, we put on our thinking caps and attempt to divine what is coming at us in the New Year—rail equipment and rail finance, that is.
Railway Supply Group has named Marc Trani Vice President—Sales for Unity Railway Supply and IRECO, LLC. He will be based at Railway Supply Group's Bensenville, Ill., headquarters.
FreightCar America, Inc. said Tuesday it has named Jeffrey Klamar vice president, sourcing. Klamar will be based at FreightCar America's Chicago headquarters.
Dallas-based Trinity Industries, Inc. late Thursday announced it will purchase 665,000 square feet of heavy manufacturing capacity from DMI Industries, a subsidiary of Fargo, N.D.-based Otter Tail Corp., for $20…
CN Wednesday said it plans to begin acquiring more than 2,200 new freight cars and 1,300 containers by the end of this year "to support traffic growth and improve customer…
Those registering for the upcoming RSI/CMA 2012 event at the Sheraton Chicago Hotel & Towers, in Chicago Sept. 22-25, can expect to spend considerable time in the show's Exhibition Hall,…
L.B. Foster Co. Tuesday announced the appointment of John Kasel to senior vice president, Rail Business. In this new role, Kasel will be responsible for the performance and success of…
Transportation Services, Inc. (TSI) says it has opened its new railcar repair shop in Chadron, Neb., situated on the Nebraska Northwestern Railroad's lines, and with interchange access to both BNSF…
Ernst & Young LLP has honored Michael Foxx, CEO of Piscataway, N.J.-based railroad supplier Strato, Inc., with its Ernst & Young Entrepreneur Of The Year® 2012 Award in the Industrial…
Early registration has been extended through Friday, Aug. 17, for the upcoming RSI/CMA 2012 event at the Sheraton Chicago Hotel & Towers, in Chicago Sept. 22-25. Those registering by Aug.…
L.B. Foster Co. on Wednesday said its second-quarter 2012 earnings and sales declined relative to the comparable quarter in 2011, but noted a solid backlog for rail product orders and…
FreightCar America, Inc. on Monday reported second-quarter revenue of $181.2 million and net income of $5.6 million, or 46 cents per diluted share, compared with revenue of $97.6 million and…
Wabtec Corp. said Monday it had completed its acquisition of Winco Equipamentos Ferroviarios Ltda., to expand its presence in Brazil. Wabtec expects the transaction to be accretive in the first year.
Economic Planning Associates, noting that demand for certain freight car types has weakened, has released figures reducing its forecast for 2012 by approximately 3,000 units. EPA said deliveries will rebound…
CIT Group Inc. announced Monday, July 30, that railcar lessor CIT Rail has ordered an additional 3,000 tank cars from multiple manufacturers. Deliveries are to begin in 2014.
American Railcar Industries, Inc. late Wednesday said its second-quarter consolidated earnings from operations set a new quarterly record of $26.0 million, more than triple the $8.2 million for the second…
Trinity Industries, Inc. reported Wednesday that its Rail Group received orders for approximately 8,610 new railcars and shipped approximately 5,245 railcars during the second quarter.
Wabtec Corp. Tuesday said it notched record earnings and sales in its second quarter, as the company increased its earnings guidance for the full year.
Orders and deliveries of railcars showed strength in the second quarter, according to the Railway Supply Institute's American Railway Car Institute (ARCI) Committee.
GATX Corp. reported second-quarter net income of $23.5 million, or 49 cents per share, down 11% from $26.4 million, or 56 cents per share, it notched in the second quarter…
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