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Finance/Leasing

Baun Slated as Next GBX CCO

In January 2026, The Greenbrier Companies, Inc. will have a new CCO (Chief Commercial Officer): Ted Baun, who has joined the company’s North American Commercial Team as Senior Vice President.…
Commentary

Rail Equipment Call: Decision Paralysis

We hosted a call with industry executives on the rail equipment outlook, as a strong start to 2025 is overlooked due to pull-forward and causing shippers to delay large asset…
(Courtesy of Railway Age)

Railway Age May 2025 Digital Edition Spotlights Readers’ Most Influential Leaders

Railway Age’s sixth annual Readers’ Most Influential Leaders online poll garnered nominations for many active (non-retired) people from all areas of the North American railway industry.
(Trinity Photograph)

For Trinity, 1Q25 Reflects ‘Strength, Resiliency’

Trinity Industries President and CEO Jean Savage said in a May 1 financial report that the company’s first-quarter 2025 results “reflect the strength and resilience of our platform,” which provides…

STB: Ten Years to Decide UP Didn’t ‘Act Unlawfully’ (UPDATED)

The Surface Transportation Board (STB) on Jan. 15 issued a nearly decade-long-delayed decision concluding that “there is no basis to hold that Union Pacific (UP) acted unlawfully in how it…
John Orr, Executive Vice President and Chief Operating Officer, Norfolk Southern (NS Photograph)

Railway Age 2025 Readers’ Influential Leaders

Railway Age is pleased to present the sixth-annual “Readers’ Influential Leaders” program honorees.
"We continued to optimize our fleet by selectively selling railcars in the secondary market, generating over $30 million of remarketing income in the quarter,” said GATX President and CEO Robert C. Lyons.

GATX Continues to Experience ‘Solid Demand’ in 1Q25

“We continued to experience solid demand for our assets globally,” GATX President and CEO said Robert C. Lyons said during a report on first-quarter 2025 financials, which included Rail North…
Pictured, Left to Right: Gary Lada, Harsco Rail, a division of Enviri Corporation; Jim Umpleby, Caterpillar; Joe Creed, Caterpillar; and Jon Mudronja, AITX. (Photographs courtesy of the respective organizations)

People News: Harsco Rail, Caterpillar, AITX

Leadership changes have been announced at track maintenance-of way and services supplier Harsco Rail; Progress Rail parent company Caterpillar Inc.; and railcar lessor American Industrial Transport, Inc. (AITX).
Commentary

Modal Conversion, One Load at a Time

CEO PERSPECTIVE, RAILWAY AGE, APRIL 2025 ISSUE: Converting freight from truck to rail in North America happens one load at a time. We cannot achieve our grand vision of volume…

Stopka Joins AITX as COO

American Industrial Transport, Inc. (AITX) on April 14 announced that Eric Stopka has been appointed as Chief Operating Officer (COO).
Ed Boyle, Vice President Engineering at Norfolk Southern, was one of the 10 Most Influential Industry Leaders, as selected by Railway Age subscribers in 2024. (NS Photograph)

‘Influential Industry Leader’ Nominations Due Today, April 9

Railway Age is calling on subscribers to submit their nominations by 5 p.m. ET today, April 9, for the sixth-annual 10 Most Influential Industry Leaders poll.

GBX 2Q: ‘Strong Aggregate Gross Margin’

In reporting financial results for its second fiscal quarter ended Feb. 28, 2025, The Greenbrier Companies, Inc. (GBX) said it “continued to deliver strong results” with an aggregate gross margin…

New Cars Trend Large

RAILINC 2025 FREIGHT CAR REVIEW, RAILWAY AGE APRIL 2025 ISSUE: Railinc’s analysis of the North American revenue-earning fleet reveals that the total fleet increased in 2024 with almost all car…
Commentary

REF 2025: Searching for Sanity in ‘Interesting’ Times

FINANCIAL EDGE, RAILWAY AGE APRIL 2025 ISSUE: The 39th Rail Equipment Finance Conference, held March 2-5, 2025, reflected an atmosphere of cautious optimism in very uncertain (some say crazy) times,…
(Courtesy of Railway Age)

Railway Age’s April 2025 Digital Edition On Line

The April 2025 issue of Railway Age is now available digitally, with special reports on freight cars from Railinc and on growing and sustaining our vibrant industry from top thought…
UP Chief Safety Officer Rod Doerr (left) and Darell Luther, CEO and Founder of Tealinc LLC. (Photographs courtesy of the respective organizations)

People News: UP, Tealinc, Michael Baker International

Rod Doerr, Union Pacific’s (UP) Chief Safety Officer, joins Operation Lifesaver Inc.’s (OLI) National Board of Directors. Also, Darell Luther, CEO and Founder of Tealinc LLC, is stepping down; and…

For FreightCar America, ‘Strong Operational Performance’

FreightCar America, Inc. reported results for the fourth quarter and full year ended Dec. 31, 2024 that included full year revenue and gross profit up 56% and 60%, respectively. The…
(CPKC Photograph)

High Expectations, Hot Market

RAILWAY AGE, MARCH 2025 ISSUE: In terms of freight car types, the North American covered hopper car interchange fleet, at 570,000 units, is the largest. Within the next eight years,…
Commentary

REF 2025 Takeaways: Favorable Railcar Leasing Dynamics; Long Locomotive Runway

We have increased conviction that railcar leasing fundamentals will remain exceptional through 2025, while rising economic and tariff uncertainty suggest lower for longer railcar orders with downside risks to nearer-term…
(Courtesy of Railway Age)

Railway Age March 2025 Digital Edition Spotlights Small-Road Standouts

Railway Age’s Short Line and Regional of the Year program recognizes two Honorees and four Honorable Mentions for outstanding achievement—from ingenuity in dealing with the unexpected, safety improvements, and community…
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