Finance/Leasing

FINANCIAL EDGE, RAILWAY AGE DECEMBER 2023 ISSUE: Everyone’s Holidays are costing more in 2023. Heck, everything costs more in 2023. After three years of rising prices, it is taxing. “Financial…

The Midwest Association of Rail Shippers (MARS) will host its annual Winter Meeting Jan. 9-11, 2024, in Lombard, Ill., at the Westin Chicago Lombard hotel.

Railway Age’s December 2023 issue is now available digitally, featuring the 2024 Freight Rail Outlook that predicts “brighter days ahead.”

The Greenbrier Companies, Inc., completes its second railcar asset-backed securities issuance. Also, H.W. Lochner, Inc., a Chicago, Ill., transportation infrastructure planning and engineering services provider, acquires Denver, Colo.-based Triunity, Inc.

Leaders in the railroad and logistics market continue to see a challenged intermodal market and holiday peak season. Service has been materially improved on both coasts and the Class Is…

Interest rates and Federal Reserve policy are prominent in the financial headlines. So, I have been looking at interest rates and possible impacts on railroad finances. I also looked at…

RAILWAY AGE, NOVEMBER 2023 ISSUE: Since 2017, Railway Age has celebrated women leaders who break down barriers and create opportunities for the next generation. This year, 23 honorees and five…

Marmon Rail has elevated Kate Suprenuk to President, Railcar Leasing North America, leading the leasing business of Union Tank Car Company (UTLX) and Procor Limited. Randy Pocrnick, President of Procor…

An affiliate of investment firm ITE Management L.P. (ITE) has agreed to acquire North American rolling stock lessor SMBC Rail Services LLC from SMBC Americas Holdings, Inc., a member of…

“Our results this quarter underscore the power of disciplined commercial decision making combined with running the most efficient manufacturing operation in the industry. While the third quarter presented unique challenges…

Trinity Industries, Inc. earnings results for the third quarter ended Sept. 30, 2023 showed improvements in revenue, though railcar deliveries fell due mostly to factors the company could not control.…

Railway Age’s seventh annual Women in Rail program recognizes women who excel at leadership, serving the community and contributing to the industry. These strong women—plus several earning Honorable Mention—were selected…

Brad Myers, Executive Vice President and Chief Operating Officer at Amsted Digital Solutions, explains to Kevin Smith how advances in telematics technology are making RailPulse possible. Central to the success…

RailPulse is a cross-industry coalition of companies seeking to optimize the collection and use of data on freight car performance metrics to improve service on the North American rail freight…

“Consistent with our initial outlook, the railcar leasing environment in North America remains robust,” GATX President and CEO Robert C. Lyons said during a report on third-quarter 2023 financials, which…

The Surface Transportation Board (STB) on Oct. 23 reported appointing six new members to its Rail Energy Transportation Advisory Committee (RETAC).

Railcar demand showed some resilience against a tough macro backdrop, although we view the results of our third-quarter 2023 Rail Equipment Survey as a slight incremental negative for manufacturing and…

RAILROAD FINANCIAL DESK BOOK, RAILWAY AGE OCTOBER 2023 ISSUE: Welcome to Railway Age’s 2024 Railroad Financial Desk Book. Fall is upon North American rail. It is a time for the…

Railway Age’s 2023 Women in Rail awards program recognizes 23 women who not only excel at leadership but also serve the community and drive industry change, paving the way for…

Trinity Industries, Inc. (Trinity) on Oct. 3 announced that it delivered 4,325 new railcars in the third quarter, 685 units below the company’s third-quarter projection, due to “the closing of…