Finance/Leasing

Trinity Industries’ second-quarter 2023 results “reflect a favorable operating environment and significant positive trends in our business,” President and CEO Jean Savage said during an Aug. 1 financial report. “We…

Newly released data by the Railway Supply Institute (RSI) American Railway Car Institute Committee (ARCI) shows increases in railcar orders, deliveries and backlog in 2023’s second quarter—both sequentially and year-over-year.

IntelliTrans earns recognition in the Gartner Hype Cycle for Supply Chain Execution Technologies 2023 report. Also, railcar lessor Mitsui Rail Capital rebrands as Modern Rail Capital (MRC).

“We see continued strong demand globally for the majority of railcar types in our existing fleets,” GATX President and CEO Robert C. Lyons said during a report on second-quarter 2023…

As I read the rail trade press and follow the commentary of industry thought leaders, I keep coming back to a very basic premise. There is no dispute on the…

Railcar service provider AITX elevates Larry Hickman to Chief Information Officer. Also, Operation Lifesaver, Inc., (OLI) taps five new State Coordinators to lead rail safety education efforts.

Based on “affirmative final determinations” by the U.S. Department of Commerce (USDOC) and the U.S. International Trade Commission (USITC), USDOC issued on July 14 a CVD (countervailing duty) order and…

Railcar demand showed some resilience against a tough macro backdrop, although we view the results of our Second Quarter 2023 Rail Equipment Survey as a slight incremental negative, similar to…

TTX Company, the Class I-owned railcar pooling company founded as Trailer Train in 1955 by the Pennsylvania Railroad and a major provider of railcars and related freight car management services…

GATX will report its Lease Price Index (LPI) based on a modified methodology beginning with second-quarter 2023. Weighing in on the move: David Nahass, Railway Age Financial Editor, and Matt…

The Pipeline and Hazardous Materials Safety Administration (PHMSA) has issued an Advance Notice of Proposed Rulemaking (ANPRM) to solicit feedback on initiatives PHMSA is considering “that may modernize Hazardous Materials…

The July 2023 issue of Railway Age is available digitally, with a midyear report on the state of the freight rail industry, plus the Car & Locomotive Repair Directory, our…

FINANCIAL EDGE, RAILWAY AGE JULY 2022 ISSUE: At the 2023 iteration of the Rail Insights conference, hosted by Railway Age, broad scoping coverage of current and future rail industry related…

The Greenbrier Companies’ third fiscal quarter, ending May 31, 2023, “reflects continued operating momentum and strong commercial activity,” President and CEO Lorie L. Tekorius said June 29 during the Oregon-based…

My article highlighting China’s strategy to dominate global rail supply and its desire to conquer the North American rail supply market, posted on June 2, 2021, received a lot of…

RAILWAY AGE, JUNE 2023 ISSUE: In the diesel-electric era, it’s unprecedented: It looks as though we will see three consecutive years with no new locomotives built for the North American…

GUIDE TO EQUIPMENT LEASING, RAILWAY AGE JUNE 2023 ISSUE: Summertime is fast approaching. With the COVID-19 pandemic “officially” over, it is time to turn attention to different matters, such as…

At TD Cowen’s latest “Railroad Happy Hour,” leaders in the rail and logistics market said they continue to face a soft volume environment, though service improvements are a step in…

Railway Age’s June 2023 issue is now available digitally, featuring the annual Guide to Equipment Leasing.

TNW Corporation, a privately held operator of short line railroads and logistics centers, announced May 23 that it has formed a strategic alliance with TrinityRail to expand rail offerings at…