Forsyth, Mont.-based freight railcar owner/lessor and rail transportation solutions company Tealinc LLC (Tealinc) announced Jan. 2 that Nate Chilton has been appointed to Director: Railcar Leasing & Sales. He will be based in the company’s Broomfield, Colo., office.
The North Carolina Technology Association (NC TECH) recently presented TransmetriQ, a Railinc® brand that provides rail management software, with an award “for advancing technology in the supply chain.”
We spent two days in three Southeast cities with Trinity Industries CFO Eric Marchetto and head of Investor Relations Leigh Anne Mann. Management articulated what is arguably a railcar paradigm shift: a
The acquisition of certain railcar assets and operations formerly owned by SMBC Rail Services LLC has been completed by American Industrial Transport, Inc. (AITX), a railcar leasing and repair and maintenance provider
As supply chain, labor and border challenges ease, Trinity Industries’ (TRN) year-to-date choppy execution, despite a backdrop of decidedly favorable supply dynamics, should improve leading to 14% 2024 production growth and accompanying
FINANCIAL EDGE, RAILWAY AGE DECEMBER 2023 ISSUE: Everyone’s Holidays are costing more in 2023. Heck, everything costs more in 2023. After three years of rising prices, it is taxing. “Financial Edge” has spilled plenty of ink regarding rising railcar costs. If some is good, perhaps more is, well, maybe not better but necessary.
The Midwest Association of Rail Shippers (MARS) will host its annual Winter Meeting Jan. 9-11, 2024, in Lombard, Ill., at the Westin Chicago Lombard hotel.
Railway Age’s December 2023 issue is now available digitally, featuring the 2024 Freight Rail Outlook that predicts “brighter days ahead.”
The Greenbrier Companies, Inc., completes its second railcar asset-backed securities issuance. Also, H.W. Lochner, Inc., a Chicago, Ill., transportation infrastructure planning and engineering services provider, acquires Denver, Colo.-based Triunity, Inc.
Leaders in the railroad and logistics market continue to see a challenged intermodal market and holiday peak season. Service has been materially improved on both coasts and the Class Is have plenty of capacity to handle more volume. STB Chairman Oberman announced his departure, a surprise to us and all panelists, leaving the seat open until POTUS names his successor.