‘Influential Industry Leader’ Nominations Due Today, April 10
Railway Age is calling on subscribers to submit their nominations by April 10 for the fourth-annual 10 Most Influential Industry Leaders poll.
Railway Age is calling on subscribers to submit their nominations by April 10 for the fourth-annual 10 Most Influential Industry Leaders poll.
The April 2023 issue of Railway Age is now available digitally, with a deep dive into the historic combination of Canadian Pacific and Kansas City Southern, plus an exclusive report from the industry’s thought leaders.
While FreightCar America (FCA) finished “strong” in 2022, ramping up operations in Castaños, Mexico, and delivering 3,184 railcars, the carbuilder in the fourth quarter “continued to experience margin pressure, primarily due to supply chain issues,” President and CEO Jim Meyer said during a March 27 financial report. “These dynamics will be with us through the first quarter of this year, after which we expect to see further improvement in our financial performance.”
Netskrt Systems and BAI Communications (BAI) team up to offer streaming to railway operators in the UK, Europe and North America. Also, TransmetriQ enables detailed railcar lease, health and location insights; and Cummins Inc. and Leclanché S.A (Leclanché) collaborate on lower-emissions solutions for use in rail and marine applications.
The Greenbrier Companies on March 22 reported receiving orders for 4,500 new railcars during the fiscal second quarter ended Feb. 28, 2023, for which it provided preliminary results, including deliveries of 7,200 units. TD Cowen offers insight.
Three days with hundreds of rail equipment industry participants at Rail Equipment Finance 2023 reveal a railcar market that is healthier than we’ve feared into 2023 (lease rate inflation overwhelming the demand-side drag from anemic rail volumes), while the runway for continued investment in diesel locomotives appears to stretch into the 2030s (both rebuilds and new).
!["[The acquisition] is another step as we seek to expand our service offerings with complementary solutions that make rail a more compelling mode of transportation," said Trinity President and CEO Jean Savage.](https://www.railwayage.com/wp-content/uploads/2023/03/Caterpillar_E_Jean_Savage-300x169.jpg)
Trinity Industries, Inc. announced March 9 that it has acquired RSI Logistics, a data-centric provider of proprietary software logistics services and terminal management solutions to the North American rail industry, for $70 million.
Quebec City has selected Alstom as preferred bidder to design, build and maintain the fleet of low-floor LRVs for the city’s $C 3.9 million ($US 2.9 million) light rail project.
The March 2023 issue of Railway Age is available digitally, showcasing our Short Line and Regional Railroads of the Year as well as deep dives into next-gen motive power.
Railway Age is calling on subscribers to submit their nominations by April 10 for the fourth-annual 10 Most Influential Industry Leaders poll.