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FRA directive on 111 tank cars
On Sept. 30, 2016, the Federal Railroad Administration (FRA) issued a Railworthiness Directive (Directive or RWD) to all owners of Department of Transportation (DOT) specification 111 general purpose tank cars.
ARI reports second quarter results
American Railcar Industries, Inc. (ARI) reported in the second quarter 2016, decreased revenues in the manufacturing segment were partially offset by increased revenues in the railcar leasing and railcar services…
Carbuilder consolidation might make sense: Cowen and Co.
In the current down market, a “strong case” can be made for consolidation in the freight car building sector, according to Cowen and Company analyst Matt Elkott.
"Not all misses are created equal"
“All four publicly traded railcar builders reported top-to-bottom first quarter misses, with our Outperform-rated Trinity (TRN) and Greenbrier (GBX) enjoying positive post-earnings stock reactions, while not-rated American Railcar Industries (ARII)…
ARI 4Q earnings disappoint Street
St. Charles. Mo.-based American Railcar Industries Inc. reported fourth-quarter net income of $22.7 million, or $1.06 per share, late Wednesday, Feb. 18, 2015, after the closing bell on Wall Street.…
ARI honored by Missouri Chamber of Commerce and Industry
The Missouri Chamber of Commerce and Industry presented freight car manufacturer American Railcar Industries, Inc. (ARI) with a 2014 Missouri Fast Track Award during its annual meeting on Nov. 20, 2014.
ARI 3Q revenue slips, but backlog grows
American Railcar Industries, Inc. (ARI) reported a drop in third-quarter revenue 2014 relative to the comparable period in 2013. St. Charles, Mo.-based ARI announced its results late Wednesday, Oct. 29,…
Railcar builder stocks tumble following PHMSA NPRM comment period
Shares of The Greenbrier Companies and Trinity Industries fell 10.2% and 7.7%, respectively, in afternoon trading on Wednesday, Oct. 1, 2014, one day after the deadline for final comments on…
Tanks, hoppers drive ARI record 2Q 2014 financials
Based largely on an increase in demand for its tank cars and hopper cars, American Railcar Industries, Inc. (ARI) on July 30, 2014 reported record earnings and revenues for second-quarter 2014.
ARI profitable 1Q fails to beat Street
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…
ARI: Record earnings in 2013
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…
Re-inventing the DOT 111
Railcar suppliers gear up to meet demand for safety-first tank cars.
ARI reports “strong” 3Q earnings
St. Charles, Mo.-based American Railcar Industries, Inc. has reported "strong" third-quarter earnings of $35.6 million, or 98 cents per share, up 17% from earnings of $30.3 million in the third…
American Railcar Industries logs strong 2Q
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…
ARI 1Q earnings rise
American Railcar Industries late Wednesday reported first-quarter net earnings of $17.9 million for its first quarter ended March 31, up a substantial 49% from the prior-year quarter, mostly on strong…
Record 4Q, full-year earnings for ARI
St. Charles, Mo.-based American Railcar Industries late Wednesday reported record fourth-quarter earnings of $24.4 million, up from $5.1 million in the fourth quarter of 2011. Revenue for the quarter was…
ARI in tank car pact with ACF Industries
American Railcar Industries, Inc. late Thursday said it has entered into a purchasing and engineering services agreement with ACF Industries, LLC. ACF will build rail tank cars at its Milton, Pa., plant,…
Greenbrier to Icahn: No deal
The Greenbrier Companies has firmly rejected Carl Icahn-led American Railcar Industries’ conditional proposal to acquire Greenbrier for $22 per share. The offer “is unacceptable and not in the best interests…
ARI to Greenbrier: $22, take it or leave it
American Railcar Industries late Wednesday disclosed that it had raised its offer for railcar builder Greenbrier from $20 to $22 a share.
Greenbrier plus ARI: Let the games begin
The Greenbrier Companies, one of only a handful of remaining domestic railcar manufacturing companies, late yesterday said that Carl Icahn’s current attempt to have American Railcar Industries (ARI), of which…
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