ARI reports second quarter results

American Railcar Industries, Inc. (ARI) reported in the second quarter 2016, decreased revenues in the manufacturing segment were partially offset by increased revenues in the railcar leasing and railcar services segments. Total consolidated revenues were $150.5 million for the second quarter of 2016, a decrease of 22% when compared to $192.0 million for the same period in 2015.

Carbuilder consolidation might make sense: Cowen and Co.

In the current down market, a “strong case” can be made for consolidation in the freight car building sector, according to Cowen and Company analyst Matt Elkott.

ARI honored by Missouri Chamber of Commerce and Industry

The Missouri Chamber of Commerce and Industry presented freight car manufacturer American Railcar 
Industries, Inc. (ARI) with a 2014 Missouri Fast Track Award during its annual meeting on Nov. 20, 2014.

Analysts, legal and financial experts weigh in on DOT’s HHFT NPRM

The Notice of Proposed Rulemaking issued by the U.S. DOT for HHFTs (High-Hazard Flammable Trains) hauling crude oil and other commodities the DOT deems hazardous in tank cars has produced a flurry of commentary and analysis, with varied opinions.

Greenbrier plus ARI: Let the games begin

The Greenbrier Companies, one of only a handful of remaining domestic railcar manufacturing companies, late yesterday said that Carl Icahn’s current attempt to have American Railcar Industries (ARI), of which he is majority shareholder, acquire Greenbrier (in which he also has a stake) “grossly undervalues the company and is not in the best interests of Greenbrier stockholders.”