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Finance/Leasing

November Railway Age Digital Edition Now On Line

The November 2022 issue of Railway Age is now available digitally, showcasing our Women in Rail honorees.

Women in Rail Conference: Canfield, Dornan to Address Recruitment

Railway Age’s inaugural Rail Insights: Women in Rail Conference will feature Merritt Canfield of Meritus Executive Search Excellence and Laurie Dornan of The Greenbrier Companies, discussing how the railroad and…

ARCI: 3Q22 Orders and Backlog Show ‘Significant Increase’

Newly released data by the Railway Supply Institute (RSI) American Railway Car Institute Committee (ARCI) shows orders and backlog “significantly increased” in this year’s third quarter. Total orders grew by…
“Despite a volatile macro environment, we continue to identify attractive long-term growth opportunities in our markets in addition to the signing of a new railcar supply agreement in North America [with Trinity Industries],” GATX Corporation President and CEO Robert C. Lyons said on Oct. 25.

GATX 3Q22: Demand ‘Strong,’ Lease Rates Rise

“Demand for railcars remains strong across our global fleets,” GATX Corporation President and CEO Robert C. Lyons said during a third-quarter 2022 financial report on Oct. 25. “Fleet utilization at…
“The start of 2023 was busy at Trinity as we continued to ramp up production and optimize our business,” Trinity President and CEO Jean Savage said.

Trinity’s Savage: ‘Strong Momentum’ for 2023

Trinity Industries on Oct. 25 reported third-quarter 2022 GAAP and adjusted earnings that “show progress and improvement in our business,” according to President and CEO Jean Savage. “We continue to…

Multi-Edged Difficulties

FINANCIAL DESK BOOK, RAILWAY AGE OCTOBER 2022 ISSUE: Welcome to the 2023 Railroad Financial Desk Book. The North American rail drama meter has finally backed off from the red line…
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Railway Age Announces 2022 Women in Rail Honorees

Railway Age’s 2022 Women in Rail awards program recognizes 23 leaders—from senior management to agreement employees—who are driving change and paving the way for the next generation of railroaders.
Sarah Taylor, Director of Business Systems Analysis at Kansas City Southern (left), and Jessica Harrisson have received scholarships from the League of Railway Women.

LRW Announces Scholarship Recipients

The League of Railway Women (LRW) has selected the winners of a pair of scholarships—the Connie Sumara Memorial Scholarship and the Future of Railroading Scholarship—for the 2022-23 school year.

USITC Targeting China- and Mexico-Sourced Couplers

The United States International Trade Commission (USITC) has commenced an investigation, “Certain Freight Rail Couplers and Parts Thereof From China and Mexico; Institution of Antidumping and Countervailing Duty Investigations and…
“Order expectations from shippers’ remain relatively in line from our second-quarter survey, but the level of certainty moderately declined in our recent survey,” Cowen analysts report. “It appears that gondolas saw demand improvement relative to second-quarter 2022. Boxcars declined relative to second-quarter 2022.”
Commentary

Cowen: 3Q22 Shipper Surveys Say …

According to Cowen and Company’s recently conducted third-quarter 2022 Rail Equipment and Rail Shipper surveys, the positive outlook for railcar orders remains relatively unchanged from the second quarter, and rail…
Texas Howard, President, American Industrial Transport, Inc. (AITX)

People News: AITX, Duos

American Industrial Transport, Inc. (AITX) appoints Texas Howard as President and elevates Kurt Higginbotham to CEO. Also, Duos Technologies names Matt Keepman as Senior Vice President of Sales and Marketing,…

Women in Rail Conference: Whited to Address C-Suite Lessons Learned

Railway Age’s inaugural Rail Insights: Women in Rail Conference will feature Beth Whited, Union Pacific’s Executive Vice President–Sustainability and Strategy. Hearing from leading industry women like Whited, who will cover…

Now On Line: Railway Age October 2022 Digital Edition

Railway Age’s October 2022 issue is now available digitally, covering how the New York Metropolitan Transportation Authority and Brightline are building for the future and presenting the 2023 Railroad Financial…

Trinity Lands $1.8B Multi-Year Railcar Order

Trinity Industries on Oct. 3 reported that it will supply a mix of 15,000 newly built tank and freight railcars to GATX through 2028, with GATX having an option to…

Moore to Help Kick Off ‘Rail Insights: Women in Rail’ Event

Railway Age’s inaugural Rail Insights: Women in Rail Conference will feature Ontario Northland President and CEO Corina Moore, one of our first Women in Rail award honorees. Hearing from leading…
(Shutterstock/ Rawpixel.com)

Deadline Extension for ‘Women in Rail’ Award Nominations: Oct. 4

Railway Age has extended the deadline for its sixth annual Women in Rail awards program. Nominate a visionary woman in the rail industry (or yourself) by 5 p.m. ET on…

Farmer Among ‘Rail Insights: Women in Rail’ Headliners

BNSF President and CEO Katie Farmer will top the lineup for Railway Age’s inaugural Rail Insights: Women in Rail Conference, to be held virtually on Nov. 10. Hearing from leading…

‘Rail Insights: Women in Rail’ Event Set for Nov. 10

Railway Age’s inaugural Rail Insights: Women in Rail Conference features a dialogue with the industry’s top women leaders.
Katie Farmer, President and CEO, BNSF Railway

Farmer Tops Lineup for Inaugural ‘Rail Insights: Women in Rail’ Event

Topping the list of reasons to attend Railway Age’s inaugural Rail Insights: Women in Rail Conference are headliners Katie Farmer, President and CEO of BNSF; Corina Moore, President and CEO…
(Shutterstock/ Rawpixel.com)

Nominations Open for 2022 Women in Rail Awards

Do you know a visionary woman in the rail industry? Nominate a colleague or yourself for the sixth annual Railway Age Women in Rail awards.
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