‘Influential Industry Leader’ Nominations Due Today, April 10
Railway Age subscribers: Don’t delay! Submit your nominations by April 10 for the fifth-annual 10 Most Influential Industry Leaders poll.
Freight Cars
CN Receiving Next-Gen Ore Jennies (Updated)
CN is taking delivery on 600 new 1,150-cubic-foot iron ore hopper cars, colloquially called “jennies,” from FreightCar America. The new equipment, described as “a significant upgrade to CN’s fleet,” incorporates materials from
Greenbrier Reports ‘Strong Momentum’ in 2Q24, Updates Guidance
The Greenbrier Companies’ achieved consolidated gross margin “in the mid-teens for the second consecutive quarter as strong momentum continued across our business,” said President and CEO Lorie L. Tekorius, during a report on
Intramotev ReVolt Operating at Iron Senergy Cumberland Mine
Intramotev, a technology start-up building autonomous zero-emissions railcars and locomotives, in June 2023 finalized an agreement to provide Iron Senergy with three ReVolt battery-electric (BE) retrofitted hopper cars for use on its 17-mile private
Total Fleet Increase
RAILWAY AGE, APRIL 2024 ISSUE: Railinc’s analysis of the North American revenue-earning fleet reveals that the total fleet increased in 2023 with almost all car types accounting for the gain. One of
Railway Age’s April 2024 Digital Edition On Line
The April 2024 issue of Railway Age is now available digitally, with special reports on passenger rail post-pandemic and on safety from the freight rail industry’s top thought leaders.
Commentary
REF 2024: Tight Market Feeds Mixed Temperament
FINANCIAL EDGE, RAILWAY AGE APRIL 2024 ISSUE: At the Rail Equipment Finance Conference (REF) in March 2024, a tight rental market combined with lower new car build levels and listlessness in merchandise,
RSI Petitions STB to Avert ‘Boxcar Cliff’
Citing a “looming supply chain crisis amid a dwindling number of active boxcars in the U.S.,” the Railway Supply Institute (RSI) has filed a petition with the Surface Transportation Board (STB) seeking
Servis Named Cando Rail & Terminals CFO
Owner and operator of first- and last-mile rail infrastructure Cando Rail & Terminals has announced that Nate Servis has been appointed as Chief Financial Officer, effective March 26. Servis succeeds Rick Soenen, who is retiring.
Next-Gen Freight Rail 2024 Conference Roundup
Railway Age’s Next-Gen Freight Rail 2024 Conference took place on March 12, 2024, at the Union League Club of Chicago. The annual event, attended by close to 200, featured Tracy Robinson, President