Freight Cars

Economic Planning Associates has made a modest upward revision to its freight car deliveries estimate for 2014, to 62,300 units. This number, EPA said, “is based on first-quarter 2014’s strength…
American Railcar Industries, Inc. reported a first-quarter profit of $20.8 million, or 97 cents per share, late Wednesday, April 30, 2014, after the closing bell on Wall Street. compared with…
Trinity Industries on Tuesday, April 29, 2014, reported record net income of $226.4 million, or $2.85 per share, during its first quarter, up substantially from $79.1 million, or 99 cents…
Exhibit sales are now open for the USA Pavilion at the Business on Rails (NT Expo) trade show in São Paulo, Brazil, co-hosted by Railway Engineering-Maintenance Suppliers Association (REMSA) and…
GATX Corp. on Thursday, April 24, 2014, reported $0.82 earnings per share (EPS) for first-quarter 2014, beating Wall Street’s consensus estimate of $0.76 by $0.06.
Freight car orders in 2014’s first quarter soared about 38% from fourth-quarter 2013, to 24,050 units, pushing builder backlogs up around 12% to 81,927, according to the most recent Railway…
Wabtec Corp. on Wednesday, April 22, 2014 reported record results for first-quarter 2014 and affirmed its 2014 guidance for earnings per diluted share of about $3.45, with revenues expected to…
Railway supply veteran Jim Cowan has joined The Greenbrier Companies, Inc. as Senior Vice President, Operations, a newly created position. He will report to Chairman and CEO William A. Furman.
Midland Manufacturing of Skokie, Ill, a Dover Corp. company and supplier of valves and level-measurement devices for the rail tank car market since 1951, is among the equipment manufacturers on…
National Steel Car, which has been building freight cars in Hamilton, Ont., for 102 years, has entered the railroad tank car market with a 31,800-gallon DOT-111 “slick” (non-jacketed, non-coil) general-purpose…
Use of self-steering trucks can result in a significant reduction of high impact wheel removals, compared to traditional, non-steering three-piece units.
For those of you unable to join the more than 400 attendees at Rail Equipment Finance 2014, “Financial Edge” is here to help.
Understanding the dynamic North American revenue-earning rail equipment fleet is important to logistics system stakeholders including railroads, shippers, financial institutions, car builders, suppliers, and others associated with the industry. Railinc’s…
Lake Oswego, Ore.-based The Greenbrier Cos., Inc. reported second-quarter earnings Thursday, April 3, 2014, with gains in revenue and earnings measured against the comparable quarter in 2013. But Wall Street…
Canton, Ohio-based The Timken Co. said Tuesday, March 24, 2014 it has entered into an agreement with Moscow-based United Wagon Co. (UWC) to "establish a joint venture to manufacture Timken®…
Exhibit space sales for RSI/CMA 2014, the Railway Supply Institute’s annual trade show, will begin Monday, March 17, 2014. Sponsorship sales for both RSI/CMA and Canadian Rail Summit 2014, hosted…
It is a truth universally acknowledged that railroads exist to haul stuff. Market share and operating ratios are about how stuff is moved, and finance is about how you pay…
The Greenbrier Cos., Inc. said Monday, March 3, 2014 it has received "new orders in the second fiscal quarter ended February 28, 2014 for 5,600 railcar units valued at approximately…
The U.S. Department of Transportation (DOT) on Feb. 25, 2014 issued an Emergency Order requiring crude oil shippers to test product from the Bakken region to ensure the proper classification…
St. Charles, Mo.-based American Railcar Industries says it recorded record earnings for the full year of 2013, and a 3% rise in consolidated earnings during the fourth quarter compared with…
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