Justin Roberts, VP, Corporate Finance & Treasurer, The Greenbrier Companies
Commentary

Greenbrier Group Meeting Takeaways From TD Cowen

We hosted a virtual group meeting with Justin Roberts, VP, Corporate Finance & Treasurer, The Greenbrier Companies. Mr. Roberts remains confident in GBX’s long-term operational plan, launched in April at the company’s first-ever investor day. Inquiry and order activity has been solid in recent weeks. He expects stable industry builds at or modestly above replacement for the next few years.

Aerial photograph of derailment site, courtesy of the NTSB.

Reports: NS to Cover East Palestine Cleanup, Face Residents’ Lawsuits

Following the Feb. 3, 2023, Norfolk Southern (NS) derailment in East Palestine, Ohio, judges have found the Class I “alone will be responsible for paying for the cleanup,” according to the Associated

Wheel Profiles and Potential Switch Point Derailments

MxV RAIL R&D, RAILWAY AGE MARCH 2024 ISSUE: Turnouts in poor condition can increase the risk of a worn wheel with steep flange angle and acute flange tip metal flow getting wedged

RailPulse, Nexxiot Team on Telemetry

Nexxiot has signed an agreement allowing RailPulse™—the coalition established in late 2020 to “facilitate and accelerate the adoption of GPS and other telematics technology across the North American railcar network”—to act as a

A finished tank car emerges from Greenbrier’s Concarril assembly plant in Sahagún, Mexico. (William C. Vantuono Photograph)

SIG Takeaways From REF 2024

Conversations at the Rail Equipment Finance Conference 2024 (REF), held March 3-6, “suggest favorable railcar leasing fundamentals should continue at least through 2024 and that new railcar orders should recover from fourth-quarter

Now On Line: Railway Age’s March 2024 Digital Edition

The March 2024 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.

(Image Courtesy of TransmetriQ)

TransmetriQ Launches Demurrage Module

Railinc’s TransmetriQ business unit on Feb. 29 reported releasing a Demurrage module for its rail management system, which it said is designed “to empower rail shippers with greater control of transportation costs.”

Zoltan recently received a service award from his engineering colleagues at Wabtec for “Putting the brakes on a coupler career.”
Commentary

Watch: Wabtec Celebrates Zoltan’s 60 Years of ‘Magnificent’ Service

At age 87, Zoltan (Zoli) Kovacs is many things: a proud father, grandfather, and great-grandfather; an accomplished martial arts master and teacher; and a dedicated life-long learner, something he applied every day at Wabtec in his role as Regional Manager, Transit. But most of all, he’s a competitor—a fierce one at that!—who likes nothing more than translating his knowledge of rail applications into new Wabtec customers.

From left to right: Congresswoman Carol Miller’s Veterans Affairs Liaison Cody Sanders; Wayne County Commission President Jeff Maddox; R. J. Corman Railroad Group Vice President Commercial Development Michael Robinson; R. J. Corman Railroad Group President and CEO Ed Quinn; Wayne County Commissioner Robert Thompson; Wayne County Commissioner Travis Thompson; Delegate Mark Ross; West Virginia State Senator Robert Plymale; and R. J. Corman Railroad Group AVP Commercial Development Greg Miller. (Caption and Photograph Courtesy of R.J. Corman)

R.J. Corman Switching Company Opens New Rail Service Center

R.J. Corman Switching Company, LLC, a subsidiary of R.J. Corman Railroad Group, has launched operations at its Central Appalachia Inland Port at Prichard (CAIPP) division in Wayne County, W.Va.

Commentary

Rail Safety Is Everyone’s Business

In today’s complex, interconnected landscape of modern transportation, rail remains a key pillar for the movement of goods in support of households and businesses. It is essential in transporting raw materials and goods that the public does not often think twice about but are integral to the innerworkings of our society. What does tend to catch attention are derailment statistics without context, concerns over safety, and more.

LOAD MORE