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RSI committee offers tank car recommendations
The Railway Supply Institute Committee on Tank Cars (RSICTC) is urging the federal Department of Transportation's Pipeline and Hazardous Materials Safety Administration (PHMSA) to support rulemaking that would enhance the…
AAR to DOT: Upgrade tank car regs
The Association of American Railroads (AAR) on Thursday, Nov. 14, 2013, urged the U.S. Department of Transportation "to press for improved federal tank car regulations by requiring all tank cars…
Railcar report: Orders slowing; backlog remains
The Railway Supply Institute's American Railway Car Institute (ARCI) Committee on Friday, Oct. 18, 2013, released its railcar industry order, delivery, and backlog statistics for the third quarter, with tank…
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…
Tank car building drives a growing freight car market
Freight car building is in the tank—literally.
UP, GATX host ethanol safety conference
Hands-on safety training was a key feature at Union Pacific’s recent ethanol rail safety conference. Approximately 90 participants representing more than 15 ethanol shippers traveled from a 500-mile radius to…
Tank cars drive 1Q railcar market
Figures released Wednesday by the Railway Supply Institute's American Railway Car Institute (ARCI) Committee show 23,901 cars were ordered in the first quarter of 2013, while 11,952 cars were delivered,…
Valero sets tank car buy for crude processing
Valero Energy Corp., billed as the world's largest independent refiner, plans to purchase 2,000 tank cars to increase shipment of crude oil to inland U.S. locations.
Obituary: Dr. William J. Harris, 94
Dr. William J. Harris, who contributed to several industry improvements and who served with the Association of American Railroads from 1970 to 1985, died Dec. 5 at age 94 at…
CN to build new terminal for Bakken crude oil producers
CN and Tundra Energy Marketing Ltd., which handles crude oil on behalf of producers in the Williston Basin, including parent company Tundra Oil & Gas Partnership, have signed a memorandum…
Railroad Financial Desk Book 2013
In October of each year, we put on our thinking caps and attempt to divine what is coming at us in the New Year—rail equipment and rail finance, that is.
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