Finance/Leasing

The May 2024 issue of Railway Age is available digitally, featuring the honorees of our fifth-annual Readers’ Most Influential Leaders poll, plus Railinc’s locomotive report and MxV Rail R&D.

The Canadian Transportation Agency (CTA) has set its determination of the Volume-Related Composite Price Index (VRCPI) for CN at 1.9281 and Canadian Pacific Kansas City (CPKC) at 1.8760 for the 2024–2025 crop…

“We are pleased with the progress exhibited in Trinity Industries’ first quarter results,” Jean Savage, President and CEO of the railcar manufacturer and lessor said during a May 1 financial…

FINANCIAL EDGE, RAILWAY AGE MAY 2024 ISSUE: Roughly one year ago, in May 2023, a “60 Minutes” report was issued about cost overruns in the defense contracting business. The story …

Railway Age is pleased to present the fifth-annual “Readers’ Influential Leaders” program honorees.

“We continue to experience solid demand globally for most railcar types in our fleets,” GATX President and CEO Robert C. Lyons said during a first-quarter 2024 financial report. “At Rail…

Our 1Q24 survey results are neutral to mildly positive for railcar demand. The order outlook was mixed, but a lower percent of shippers not ordering cited “no need” in 1Q24…

Railway Age subscribers: Don’t delay! Submit your nominations by April 10 for the fifth-annual 10 Most Influential Industry Leaders poll.

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…

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.…

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.

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…

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…

BNSF President and CEO Katie Farmer, retired Kansas City Southern CEO Patrick Ottensmeyer, and Union Pacific CEO Jim Vena will serve as keynote speakers at the North American Rail Shippers…

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…

While rail has traditionally been perceived as an industry driven by men, the fact is women have played a role from the start. Dating back to the late 19th century,…

FreightCar America (FCA) delivered solid results for fourth-quarter 2023 with gross profit up 62% on significant year-over-year margin expansion, President and CEO Jim Meyer said during a March 18 earnings…

Norfolk Southern (NS) hires new corporate communications and compliance leaders. Also, Trifleet Leasing Holding B.V. (Trifleet), a wholly owned subsidiary of Chicago-based GATX Corporation, promotes a veteran employee to Managing…

CSX donates $10,000 to the Red Cross for storm relief efforts. Also, CN and Union Pacific (UP) are recognized by CDP as 2023 Supplier Engagement Leaders; CN sends a “supply…

The bearing related derailment that occurred in East Palestine Feb. 3, 2023 on a Norfolk Southern line was tragic in many ways. Following months of investigation, the NTSB held a…