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Mabby Amouie Featured at Next-Gen Freight Rail 2024

Norfolk Southern (NS) Associate Vice President Enterprise Data & Analytics Mabby Amouie is among the featured speakers at Railway Age’s Next-Gen Freight Rail 2024 Conference. Amouie will discuss the NS/Georgia Tech Research Institution’s Digital Train

Cowen: Railcar Demand Recovery in 2021

In the two weeks following Cowen and Company’s mid-September Transportation and Sustainable Mobility Conference, analyst Matt Elkott, with input from colleagues Adam Kramer and Jason Seidl (Managing Director and Railway Age Wall Street Contributing Editor), noted that railcar inquiries “have ticked up. While translation into orders may not yet be commensurate with inquiries due to election and pandemic uncertainty, there appears to be an improvement in underlying demand” that should carry forward into a recovery in 2021.

Takeaways From Cowen’s 2Q20 Rail Equipment Survey

“Order expectations by the shipper sub-group of railcar buyers were mixed. While a smaller percentage expects to order railcars, the certainty level about ordering has increased. Among railcar suppliers, we favor Trinity for the flexibility of its manufacturing/leasing model, and Greenbrier for its international diversification and cost cutting. GATX’s lease terms offer it some protection.”

Wallace to Retire as Trinity Chief Executive

After 44 years at the company, Trinity Industries, Inc. President and CEO Timothy R. Wallace has announced his retirement. Wallace has agreed to continue in his current roles “for as long as necessary to facilitate a smooth transition,” the company said. “The Trinity Board is initiating a search to identify Mr. Wallace’s successor and will consider both internal and external candidates.”