Finance/Leasing

RAILWAY AGE, MAY 2023 ISSUE: Experts say the global rail market could exceed $13 billion in 10 years.

Alstom enters a strategic partnership with Export Development Canada (EDC) for sustainable mobility financing. Also, PSC Group, a Portfolio Company of Aurora Capital Partners, acquires Steel Line Rail Services LLC.

Norfolk Southern President and CEO Alan Shaw anchors Railway Age’s ninth annual Rail Insights Conference, presented virtually on June 22. Arguably the most publicly visible Class I CEO in North…

Amsted Digital Solutions SAS on May 3 reported landing a multi-year contract to supply onboard telematics devices to Greenbrier Europe that will improve shipment visibility and railcar maintenance.

The May 2023 issue of Railway Age is available digitally, showcasing the honorees of our fourth-annual Readers’ Influential Leaders poll and covering CPKC’s Final Spike ceremony, North American locomotive fleet…

American Industrial Transport, Inc. (AITX) announced May 2 that the company has tapped Mahindhann Krishnapillai as Head of AITX Rail Europe, the company’s new European railcar platform.

The North American Rail Shippers Association (NARS) will host its annual meeting May 24-26, 2023, in Chicago. This year’s theme is “A New Era in Railroading.”

Join Railway Age’s inaugural “Young Professionals” conference to discover how to grow your career in the freight and passenger rail industry. Our 25 Under 40 program judge Nick Little, who…

The American Chemistry Council (ACC) has recognized Norfolk Southern (NS), Trinity Industries and GATX for safety and environmental stewardship as part of its 2023 Responsible Care® Awards program. Also, Nisus…

Chicago-based GATX Corp. has reported first-quarter 2023 net income of $77.4 million, or $2.16 per diluted share, compared with first-quarter 2022’s $75.8 million, or $2.10 per diluted share.

FINANCIAL EDGE, RAILWAY AGE APRIL 2023 ISSUE: In its 37th iteration, Tony Kruglinski’s Rail Equipment Finance Conference (REF) once again took place at the oasis in the desert: The LaQuinta…

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

How is the rail industry attracting and retaining top young talent? What are the industry’s immediate and long-term needs? What are the most promising growth sectors? Why should you make…

For The Greenbrier Companies (GBX), we see gradually subsiding volatility in revenue, margins and earnings over the next three to five years. This is as the company targets higher—albeit measured—lease…

The results of our 1Q23 Rail and Equipment Surveys indicate a slight decrease in business growth expectations, and some resilience in railcar demand.

Carloadings fell short of our expectations as a slow start to ‘23 volumes took hold in Q1 despite easy comps. Intermodal continues to pressure the group, given loose capacity and…

The Greenbrier Companies, Inc. reported financial results for its second fiscal quarter ended Feb.28, 2023. Among the results were a GAAP EPS of $0.97, a fleet utilization increase to 99%,…

Railway Age is calling on subscribers to submit their nominations by April 10 for the fourth-annual 10 Most Influential Industry Leaders poll.

The April 2023 issue of Railway Age is now available digitally, with a deep dive into the historic combination of Canadian Pacific and Kansas City Southern, plus an exclusive report…

While FreightCar America (FCA) finished “strong” in 2022, ramping up operations in Castaños, Mexico, and delivering 3,184 railcars, the carbuilder in the fourth quarter “continued to experience margin pressure, primarily…