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Finance/Leasing

RELAM at Railway Interchange 2023

RAILWAY INTERCHANGE 2023: RELAM (Railway Equipment Leasing and Maintenance) Inc. is a full-service leasing company offering complete m/w equipment leasing services. Vice President of Leasing Christo Nielsen, Chief Operating Officer…

Now On Line: Railway Age October 2023 Digital Edition

Railway Age’s October 2023 issue is now available digitally, covering the Long Island Rail Road’s 190th year of New York service and presenting the 2024 Railroad Financial Desk Book.

Bailey, Elkins, Seyfert and Titterton: ‘Reversion to the Mean’

The definition of the financial term “reversion to the mean,” according to Forbes, says that “an event that is not average will be followed by an event that is closer…
Shutterstock/Manop Boonpeng

Final Day to Enter ‘Women in Rail’ Nominations!

Do you know a visionary woman in the rail industry? Nominate a colleague or yourself for the seventh annual Railway Age Women in Rail awards. The deadline is Friday, September…
Image Courtesy of Amergin Rail

Amergin Rail Acquires PNC Bank’s Railcar Portfolio

Amergin Asset Management (AAM) on Sept. 20 announced that its portfolio company Amergin Rail has acquired PNC Bank’s operating railcar portfolio, including the purchase of more than 6,000 railcars under…
(The Greenbrier Companies Photograph)

Greenbrier Lands Record Railcar Orders

The Greenbrier Companies boosted its order book by 15,300 railcars in its fiscal fourth quarter ending Aug. 31, 2023. Customers operating in “various commercial sectors” are purchasing a “range of…
Thomas Clark, President, Chicago Freight Car/CF Rail Services

Sasser Names Clark President of Chicago Freight Car and CF Rail Services

Sasser Family Companies on Sept. 11 announced that it has named Thomas Clark as company President of its Rail division, which includes Chicago Freight Car and CF Rail Services. Clark…

LRW Launches Mentorship Program

The League of Railway Women (LRW) is now offering a Mentorship Program for members to share industry knowledge; leadership, networking, presentation and communication skills; problem-solving practices; and collaboration and innovation tactics;…

TransmetriQ Adds Railcar Repair Maintenance Planning, Shop Finder

TransmetriQ, a Railinc® brand that provides rail management software, has added Program Maintenance and Shop Locator functionalities to its Asset Manager offering. Together, these modules facilitate an integrated process for…
Commentary

It’s Tough to Run a Railroad

FINANCIAL EDGE, RAILWAY AGE SEPTEMBER 2023 ISSUE: It has been a tough summer for North American rail. There’s the ongoing scrutiny of potentially intimidating practices of the railroads against whistle…

Now On Line: Railway Age September 2023 Digital Edition

The September 2023 issue of Railway Age is now available digitally, with a focus on technology—from locomotives and C&S to maintenance-of-way and IT—plus the 2023 Product and Innovations Showcase.
Women in Rail: Today's Human Resources

‘Women in Rail’: Top HR Execs, Recruiters to Tackle Career Development

The 2023 Railway Age / RT&S Women in Rail event, to be held Nov. 2 in Chicago, will feature a panel of human resources and recruitment executives discussing changes in freight and passenger…

‘Women in Rail’: Ramirez, Moreno, Schrampfer to Address ERGs

The 2023 Railway Age / RT&S Women in Rail event, to be held Nov. 2 in Chicago, will feature a panel of corporate diversity leaders discussing the importance of Employee…

LRW ‘Member of the Year’ Nominations Open

The League of Railway Women (LRW) for the 25th year will honor an “outstanding” member for her contributions to the league and to the railroad industry. Nominations are now open.…

STB: Six Vacancies on RETAC

The Surface Transportation Board (STB) is seeking nominations for candidates to fill six vacancies on its Rail Energy Transportation Advisory Committee (RETAC).
Pictured (left to right): Chad Raube, IntelliTrans; Ken Sherman, IntelliTrans; Kevin J. Hillesland, GATX; Geoffrey D. Phillips, GATX; John M. Sbragia, GATX; and Ron Ester, MBTA.

People News: GATX, IntelliTrans, MBTA

GATX Corporation elevates three senior executives. Also, a new President and CEO takes the throttle at IntelliTrans; and Massachusetts Bay Transportation Authority’s Chief Safety Officer resigns.
Women in Rail speaker Judy Carter, BNSF

BNSF’s Carter Tops ‘Women in Rail’ Lineup

Topping the list of reasons to attend Railway Age / RT&S Women in Rail, to be held Nov. 2 in Chicago, is opening speaker Judy Carter, Senior Vice President and Chief Human Resources Officer…
FreightCar America Castaños, Mexico manufacturing facility.

FreightCar America Posts ‘Impressive’ 2Q23 (UPDATED, TD Cowen Insight)

“FreightCar America (FCA) finished an impressive quarter, with revenues up 56% year-over-year and gross margins of 14.6%,” said President and CEO Jim Meyer during an Aug. 7 earnings report that…
Commentary

A CARB-Free Diet Will Require Magic Beans

FINANCIAL EDGE, RAILWAY AGE AUGUST 2023 ISSUE: The new locomotive market has languished since 2016 the year prior to implementation of Tier IV emissions standards. In 2015 and 2016, according…

Railway Age: August 2023 Digital Edition On Line

The August 2023 issue of Railway Age is now available digitally, with deep dives into winter preparedness, derailment prevention, and Washington, D.C.’s Metrorail.
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