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RSI: 2Q railcar orders, deliveries flex muscle
The Railway Supply Institute on Friday, July 18, 2014, released its railcar industry order, delivery, and backlog statistics for the second quarter, with the data showing strong growth, which one…
RSI/CMA/CRS 2014 nearly sold out
Exhibit space is 85% sold for RSI/CMA 2014 and the Canadian Rail Summit (CRS), the upcoming industry trade show and technical conference highlighting the U.S. and Canadian railway and railway…
UTLX’s 5,000th compressed gas tank car
Union Tank Car Company has marked the fabrication and in-to-service completion of its 5,000th compressed gas tank car since 2010. These jumbo cars are optimized for transporting propane, butane, and…
Booth space available at RSI/REMSA USA Pavilion
According to the Railway Supply Institute (RSI) and Railway Engineering-Maintenance Suppliers Association (REMSA), “Many railway suppliers are interested in expanding their customer base and business partners abroad, particularly in the…
InnoTrans 2014: Largest ever
InnoTrans 2014 is shaping up to be the largest-ever of this bi-annual global railway trade show, which attracts close to 3,000 companies representing every railway discipline. North American participation at…
"Solid" 3Q earnings, revenue for Greenbrier Cos.
The Greenbrier Cos. Wednesday, July 2, 2014, reported fiscal third-quarter net earnings of $33.6 million, or $1.03 per diluted share, compared with last year's fiscal third-quarter net earnings, excluding a…
Analyst: Thumbs up to Trinity Industries buy
Trinity Industries, Inc. has announced its intent to acquire Meyer Steel Structures, a provider of tubular steel structure for electricity transmission and generation, for about $600 million.
KCS names Jarboe Vice President Mechanical Operations
Kansas City Southern has named Gary W. Jarboe Vice President Mechanical Operations for Kansas City Southern Railway (KCSR), closely coordinating with the leadership of Kansas City Southern de Mexico, S.A.…
Tank Car of the Future among more Greenbrier railcar contracts
Not including orders for 7,000 new railcars worth $700 million announced May 21, 2014, Greenbrier has been awarded contracts for 7,700 cars from multiple buyers valued at more than $960…
Anthony D. Kruglinski, 1947-2014
Anthony D. “Tony” Kruglinski, Founder and President of Railroad Financial Corporation and Railway Age’s long-time Financial Editor, died Sunday, June 15, at his home in West Orange, N.J., of pancreatic cancer.…
Hamberger outlines industry's CBR safety strides
Addressing the Railway Age Crude By Rail Conference in Arlington, Va., Thursday, June 12, 2014, Association of American Railroads (AAR) President and CEO Edward R. Hamberger detailed the many steps…
Miner touts AggreGate outlets sale
Miner Enterprises Inc. said Thursday, June 12, 2014 that "a Class I railroad has selected Miner's 5-foot manual AggreGate® outlets for 54 new ballast cars currently being built by FreightCar…
2014 Railway Age Guide to Equipment Leasing
The leasing marketplace is volatile, aggressive, and hungry.
Stage set for RSI/CMA 2014, Canadian Rail Summit
Conference registration and hotel reservations have begun for RSI/CMA 2014, the Railway Supply Institute's (RSI) annual trade show and conference, to be held in conjunction with the Railway Association of…
UBS: “No collapse in tank cars imminent”
“Tank car concerns are creating quite a stir,” says Eric Crawford of UBS Investment Research, commenting on the tank car market.
Greenbrier, Watco set railcar repair joint venture
The Greenbrier Cos., Inc. and Watco Companies, LLC announced early Wednesday, June 4, 2014, a new company that will create a North American network of railcar repair shops.
UTLX “Tank Car of Tomorrow” nears testing milestone
Union Tank Car Company’s patent-pending, prototype “Tank Car of Tomorrow” TIH pressure tank car is nearing completion of its second year of accelerated field tests, “reliably equaling more than five…
Greenbrier, Mitsubishi UFJ Lease & Finance join forces
The Greenbrier Companies, Inc. has entered into an alliance with Mitsubishi UFJ Lease & Finance (MUL) through its subsidiary Greenbrier Leasing Company (GLC). MUL plans to acquire a portfolio of…
Greenbrier: 7,000 railcars, $700 million
The Greenbrier Companies, Inc. received new orders in April and May for 7,000 railcar units valued at more than $700 million.
Greenbrier opens Dallas-Fort Worth regional hub
The Greenbrier Companies, Inc. has opened a new regional hub in the Dallas-Fort Worth area that “positions us closer to the bulk of our customer base and North American operations,…
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