Finance/Leasing

We spent a day in two Ohio cities with GATX CFO Tom Ellman and Head of Investor Relations Shari Hellerman. Takeaways include: continued strength in North America railcar leasing; growth…

Rail Equipment Finance 2024: Does anyone remember the saying “In Like a Lion—Out Like a Lamb”? Intermodal loadings ended 2023 on a strong note and started out 2024 positive as…

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…

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…

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…

We had one-on-one and group meetings with several rail and rail equipment stakeholders at the Rail Equipment Finance Conference 2024 (REF), held March 3-6 in La Quinta, Calif. Putting the…

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.

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…

Trinity Industries’ closed out 2023 with revenue up 51% over 2022 and a backlog of $3.2 billion, President and CEO Jean Savage said during an Feb. 22 financial report. Rising…

Sierra Northern Railway (SNR) elevates Brenton A. MacDonald to Vice President and Chief Operating Officer. Also, Claire Brinkley joins STV as Vice President and Strategic Growth Director for the firm’s…

Fort Worth, Texas-based provider of maintenance-of-way equipment and locomotive maintenance solutions DavRail Inc. (DavRail) announced Feb. 8 that it has entered into a strategic partnership with McCulloch Group, granting the…

The Federal Railroad Administration (FRA) has released a technical report aimed to help improve the puncture resistance of hazardous materials (hazmat) tank cars in the event of an accident or…

RAILWAY AGE, FEBRUARY 2024 ISSUE: Railway Age is proud to recognize 25 ‘Fast Trackers’ Under 40 in 2024.

FINANCIAL EDGE, RAILWAY AGE FEBRUARY 2024 ISSUE: Only those people who are capable of being a soulless rake (a rake is a person prone to excess) leading a careless and superfluous…

Railcar manufacturing inquiries and orders appear to have moderated, but the 2024 build outlook remains stable, modestly above replacement demand. Lease rates are holding up well at elevated levels. While…

Canadian Pacific Kansas City (CPKC) on Feb. 1 announced that it has joined the RailPulse™ Coalition, becoming the third Class I railroad and the tenth member of the coalition, which…

The February 2024 issue of Railway Age is now available digitally, covering the freight rail policy outlook and showcasing our 25 Under 40 “Fast Tracker” honorees.

The Railway Supply Institute (RSI) American Railway Car Institute Committee (ARCI) has released 4Q2023 data indicating a freight car market that has performed well since the pandemic, with a healthy…

Last year, the Railway Supply Institute (RSI) and the rail community experienced its fair share of challenges and successes. Notable among the highs were strides made by RSI committees to…

Agribusiness company Bunge has signed on as the first railcar-owning shipper of RailPulse™, the coalition established in late 2020 to “facilitate and accelerate the adoption of GPS and other telematics…