‘Rail Insights: Women in Rail’ Event Set for Nov. 10; Are You Registered?

Topping the list of reasons to attend Railway Age’s inaugural Rail Insights: Women in Rail Conference are headliners Tracy Robinson, President and CEO of CN; Katie Farmer, President and CEO of BNSF; Jenny Bush, President of Cummins Power Systems Business; and Jean Savage, CEO and President of Trinity Industries, Inc. Need more reasons to participate in this virtual event, to be held Nov. 10, starting at 1:30 p.m. ET.? Here are five.

Women in Rail Conference: Canfield, Dornan to Address Recruitment

Railway Age’s inaugural Rail Insights: Women in Rail Conference will feature Merritt Canfield of Meritus Executive Search Excellence and Laurie Dornan of The Greenbrier Companies, discussing how the railroad and supply sectors find and attract top female talent. Hearing from leading industry women like Canfield and Dornan is just one reason to participate in this virtual event, to be held Nov. 10, starting at 1:30 p.m. ET. Need more reasons? Here are five.

“Order expectations from shippers’ remain relatively in line from our second-quarter survey, but the level of certainty moderately declined in our recent survey,” Cowen analysts report. “It appears that gondolas saw demand improvement relative to second-quarter 2022. Boxcars declined relative to second-quarter 2022.”
Commentary

Cowen: 3Q22 Shipper Surveys Say …

According to Cowen and Company’s recently conducted third-quarter 2022 Rail Equipment and Rail Shipper surveys, the positive outlook for railcar orders remains relatively unchanged from the second quarter, and rail shipping pricing expectations have ticked down sequentially. Details follow, plus insights on the Class I railroads, ahead of earnings.

Moore to Help Kick Off ‘Rail Insights: Women in Rail’ Event

Railway Age’s inaugural Rail Insights: Women in Rail Conference will feature Ontario Northland President and CEO Corina Moore, one of our first Women in Rail award honorees. Hearing from leading industry women like Moore is just one reason to participate in this virtual event, to be held Nov. 10, starting at 1:30 p.m. ET. Need more reasons? Here are five.

Katie Farmer, President and CEO, BNSF Railway

Farmer Tops Lineup for Inaugural ‘Rail Insights: Women in Rail’ Event

Topping the list of reasons to attend Railway Age’s inaugural Rail Insights: Women in Rail Conference are headliners Katie Farmer, President and CEO of BNSF; Corina Moore, President and CEO of Ontario Northland; and Jean Savage, CEO and President of Trinity Industries, Inc. Need more reasons to participate in this virtual event, to be held Nov. 10? Here are five.

Krueger Named Greenbrier Manufacturing Operations President

The Greenbrier Companies Chief Operating Officer Manufacturing Operations William (Bill) Krueger has been appointed President of the division, effective Sept. 1, 2022. Reporting to President and CEO Lorie Tekorius, he will be responsible for all new railcar manufacturing operations in the U.S., Mexico, Brazil, Poland, Romania and Turkey, as well as global design, engineering, sourcing, logistics and quality.

Greenbrier has elected Admiral Thomas B. Fargo as Independent Board of Directors Chair.

People News: Greenbrier, The Chlorine Institute, ABLOY, CentrePort Canada

The Greenbrier Companies, Inc. (Greenbrier) elects Thomas B. Fargo as Independent Board of Directors Chair. Also, Daniel Stein joins The Chlorine Institute (CI) as Senior Director of Products Stewardship & Analysis; Kory Hamill joins ABLOY Critical Infrastructure Solutions as Transportation Vertical Market Manager; and CentrePort Canada Inc. Founding President and CEO Diane Gray resigns after 13 years of leadership.

Wabtec Corporation employees gathered this week to celebrate 60 years of locomotive production in Brazil. (Photo Collage Courtesy of Wabtec, via Twitter)

Supply Side: Greenbrier, Wabtec

The Greenbrier Companies’ leasing subsidiary has entered into a new term loan to finance the continued growth of its fleet. Also, Wabtec Corporation is celebrating 60 years of locomotive production in Brazil.

Greenbrier 3Q22: $3.6B Backlog, 97.5% Lease Utilization (UPDATED July 13, Cowen)

While The Greenbrier Companies posted “strong operating results” in the third fiscal-quarter ending May 31, 2022—with lease fleet utilization at 97.5%, deliveries at 5,200 units and a $3.6 billion backlog—the “performance was partially offset by inflation and the impact of the war in Ukraine,” President and CEO Lorie Tekorius said during a July 11 report.

According to the Cowen and Company Rail Equipment Survey for 2Q22, it appears that hoppers and gondolas saw demand improvement relative to 1Q22. Containers and centerbeams declined relative to 1Q22.
Commentary

Cowen: 2Q22 Shipper Surveys Say …

According to Cowen and Company’s recently conducted second-quarter 2022 Rail Equipment and Rail Shipper Surveys, the outlook for railcar orders is positive, and rail shipping rates will continue to increase. Details follow, plus insights on the Class I railroads, ahead of earnings.

LOAD MORE