National Steel Car

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.
The Notice of Proposed Rulemaking issued by the U.S. DOT for HHFTs (High-Hazard Flammable Trains) hauling crude oil and other commodities the DOT deems hazardous in tank cars has produced…
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…
Railcar suppliers gear up to meet demand for safety-first tank cars.
Indicted on 10 counts of securities fraud by an Alabama grand jury and facing up to 10 years in prison on each count if convicted, National Steel Car chief executive…