Freight Cars

Cowen and Company’s Matt Elkott expects freight car builder The Greenbrier Companies (GBX) “to make strategic adjustments to position itself well amidst changing railcar dynamics, potentially through acquisitions.”
Canadian National Railway (CN) announced on Dec. 10, 2015 a new long-term contract with Amsted Rail to produce one million wheels for use at its Transcona mechanical facility.
Miner Enterprises Inc. has earned the Certified Welding Fabricator (CWF) accreditation from the American Welding Society (AWS) for its Rail Products Division facility in Saltillo, Mexico. The AWS awards the…
Congressional conferees on Dec. 1, 2015 reached an agreement on the Fixing America’s Surface Transportation (FAST) Act, a five-year surface transportation reauthorization bill and the first long-term bill of its…
Metalex, a Jason Company, announced on Nov. 20, 2015 a new, authorized distribution partner in Unity Railway Supply to distribute Morton Rail Products—the source for safe walking surfaces to the…
The League of Railway Industry Women (LRIW) announced Nov. 17, 2015 that it is seeking candidates to serve on the organization’s board of directors. The LRIW board represents a cross-section…
Wabtec Corporation has received an order valued at about $26 million to provide components, including electronically controlled pneumatic (ECP) braking equipment, for 1,186 freight cars to be built for the…
H.R. 3763, the Surface Transportation Reauthorization and Reform Act, the six-year transportation bill passed on Nov. 5, 2015 by the U.S. House of Representatives, included all major recommendations for which…
FreightCar America, Inc. reported on Nov. 2, 2015 third-quarter 2015 earnings per share of $0.96. This is compared to an estimate of $0.88 made by KeyBanc Capital Market Inc., and…
The Greenbrier Companies, Inc. on Oct. 30, 2015 reported record financial results for its fourth fiscal quarter and full year ended Aug. 31, 2015.
Wabtec Corp. on Oct. 22, 2015 reported solid third-quarter 2015 results largely due to growth in the company’s Freight Group.
The Greenbrier Companies on Oct. 22, 2015 appointed veteran rail equipment finance executive Victoria McManus Executive Vice President and Chief Strategic Officer, a new position. McManus served as a member…
The newly patented Hand Brake Torque Indicator (BTI) from CMN Components Inc., a nationwide railc ar parts supplier, is a torque indicating device that directly replaces traditional vertical railcar hand…
Railway Age on Oct. 20, 2015 launched its inaugural Fast Trackers contest, in which ten individuals under the age of 40 who have made an impact in their respective fields…
AllTranstek LLC, North America’s largest commercial rail transport management and consulting firm, has undergone several organizational changes.
Amsted Rail is developing new designs of components to produce a truck to meet the demand from Australian heavy-haul freight railways for 45-metric ton axleload freight cars, or even 50-metric…
On Oct. 15, 2015, Railway Engineering-Maintenance Suppliers Association (REMSA) member Wasatch Railcar Repair Contractors (WRRC) hosted a grand opening event for elected, industry, and community officials at its Shoshoni, Wyo.…
GATX Corporation, founded 117 years ago in Chicago, is helping to bring awareness to another iconic Chicago institution, John G. Shedd Aquarium. With support from GATX's customer, Packaging Corporation of…
Tom Simpson, President of the Railway Supply Institute (RSI), announced Oct. 8, 2015 the election of three new members to the board of directors at the annual meeting held during…
The League of Railway Industry Women has elected Jodi Heldt, a 20-year customer service veteran with railcar maintenance equipment manufacturer Whiting Corp., as President at its annual conference, held at…
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