Finance/Leasing

Progress Rail on Sept. 24 announced that it has signed a five-year contract with Network Rail to supply switches and crossings (S&C) and associated components in the U.K.

Michael Wiley is named as the new General Manager of the Association of American Railroads (AAR) Mechanical Inspection Department. Also, Jeffrey Ostrander joins the Railway Supply Institute (RSI) to help…

The North Carolina Railroad Company (NCRR) welcomes Patrick Pierce as its new Director of Economic & Business Development. Also, American Industrial Transport, Inc. (AITX) appoints Ashley Nelson as Chief Human…

RAILWAY AGE, SEPTEMBER 2024 ISSUE: Part 1: Can this multi-purpose railcar drive carload growth? Perhaps the most basic of freight cars, the boxcar has been around almost as long as…

In this not-to-be-missed session at the Women in Rail 2024 conference, presented by Railway Age and RT&S, illuminating new research on the underrepresentation of women of color in railroad engineering will be presented by Jacqueline…

The September 2024 issue of Railway Age is now available digitally, with deep dives into alternative energy efficiency and boxcars, as well as the annual Product and Innovations Showcase spotlighting…

GATX Corp. has acquired 156 locomotives from Progress Rail, bringing its North American fleet to more than 650 units of various types. Financial details were not disclosed; GATX said the…

Today’s professional journey is about more than doing a job well. AI-based candidate selection, social media prevalence, and revised work/life balance expectations are just a few of the elements to…

Norfolk Southern (NS) on Aug. 20 announced that it has promoted Jason A. Zampi to Senior Vice President Finance & Treasurer.

What is Beth Whited’s backstory? How can her journey to becoming the first female president in Union Pacific’s history and the lessons she’s learned along the way help you in…

GATX Corporation appoints Christopher LaHurd to Senior Vice President, International. Also, Christine Kefauver joins HNTB as Project Director.

“Our multi-year turnaround has been a tremendous success,” FreightCar America (FCA) President and CEO Nick Randall said during a second-quarter 2024 financial presentation. The designer, producer, and supplier of railroad…

Newly released data by the Railway Supply Institute (RSI) American Railway Car Institute Committee (ARCI) shows a significant increase in railcar orders and only minor decreases in deliveries and backlogs in 2024’s…

FINANCIAL EDGE, RAILWAY AGE AUGUST 2024 ISSUE: It’s the dog days of summer. Most of the country is sweltering under extraordinary heat (it was 127 degrees on July 5 in…

Technology is always in flux, but the Railway Age/RT&S Women in Rail Conference will keep you in the know when it comes to the latest innovations pushing our industry forward. ExploreAI and machine…

The August 2024 issue of Railway Age is available digitally, with deep dives into track inspection at Union Pacific and locomotive health at BNSF, and how railroads are working to…

FreightCar America has entered into a multi-year agreement with an undisclosed customer, at an undisclosed contract value, to rebuild and upgrade more than 1,000 legacy DOT-111 tank cars to current…

“We are encouraged by our second-quarter results and believe they demonstrate the momentum of our operating platform,” Jean Savage, President and CEO of Trinity Industries, said during an Aug. 1…

Railway Age and Railway Track & Structures are returning to Chicago for our second-annual in-person Women in Rail Conference featuring trailblazing women and their allies who are significantly influencing today’s…

“Consistent with our initial outlook, conditions remain robust across our global markets,” GATX Corporation President and CEO Robert C. Lyons said during a second-quarter 2024 financial report. He pointed out that…