Freight Cars
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EC Investigation Follows U.S. Attention to Chinese SOE Threat
The European Commission’s (EC) first-ever in-depth investigation under its new Foreign Subsidies Regulation (FSR) has been heard worldwide. Predictably, this high-profile, anticompetitive case was directed at China. CRRC (China Railway Rolling…
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People News: SEPTA, Wabtec
Southeastern Pennsylvania Transportation Authority (SEPTA) appoints Elisa Cunningham as Chief Technology Officer. Also, Wabtec Corporation elevates Kyra Yates to Vice President of Investor Relations.
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Greenbrier Group Meeting Takeaways From TD Cowen
We hosted a virtual group meeting with Justin Roberts, VP, Corporate Finance & Treasurer, The Greenbrier Companies. Mr. Roberts remains confident in GBX's long-term operational plan, launched in April at…
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Reports: NS to Cover East Palestine Cleanup, Face Residents’ Lawsuits
Following the Feb. 3, 2023, Norfolk Southern (NS) derailment in East Palestine, Ohio, judges have found the Class I “alone will be responsible for paying for the cleanup,” according to…
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Wheel Profiles and Potential Switch Point Derailments
MxV RAIL R&D, RAILWAY AGE MARCH 2024 ISSUE: Turnouts in poor condition can increase the risk of a worn wheel with steep flange angle and acute flange tip metal flow…
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RailPulse, Nexxiot Team on Telemetry
Nexxiot has signed an agreement allowing RailPulse™—the coalition established in late 2020 to “facilitate and accelerate the adoption of GPS and other telematics technology across the North American railcar network”—to act…
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SIG Takeaways From REF 2024
Conversations at the Rail Equipment Finance Conference 2024 (REF), held March 3-6, “suggest favorable railcar leasing fundamentals should continue at least through 2024 and that new railcar orders should recover…
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Now On Line: Railway Age’s March 2024 Digital Edition
The March 2024 issue of Railway Age is available digitally, showcasing our Short Line and Regional Railroads of the Year as well as deep dives into next-gen motive power.
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TransmetriQ Launches Demurrage Module
Railinc’s TransmetriQ business unit on Feb. 29 reported releasing a Demurrage module for its rail management system, which it said is designed “to empower rail shippers with greater control of…
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Watch: Wabtec Celebrates Zoltan’s 60 Years of ‘Magnificent’ Service
At age 87, Zoltan (Zoli) Kovacs is many things: a proud father, grandfather, and great-grandfather; an accomplished martial arts master and teacher; and a dedicated life-long learner, something he applied…
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R.J. Corman Switching Company Opens New Rail Service Center
R.J. Corman Switching Company, LLC, a subsidiary of R.J. Corman Railroad Group, has launched operations at its Central Appalachia Inland Port at Prichard (CAIPP) division in Wayne County, W.Va.
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Rail Safety Is Everyone’s Business
In today’s complex, interconnected landscape of modern transportation, rail remains a key pillar for the movement of goods in support of households and businesses. It is essential in transporting raw…
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UP Confirms $3.4B Capex Program
At its 4Q/Full-Year 2023 earnings presentation, Union Pacific said it would invest $3.4 billion in capital this year. On Feb. 21, UP confirmed its plan to “support safe operations, renew…
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‘Continued Improvement’ Expected in 2024, Trinity’s Savage Says
Trinity Industries’ closed out 2023 with revenue up 51% over 2022 and a backlog of $3.2 billion, President and CEO Jean Savage said during an Feb. 22 financial report. Rising…
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People News: SNR, STV, Hanson, Wells Fargo Rail
Sierra Northern Railway (SNR) elevates Brenton A. MacDonald to Vice President and Chief Operating Officer. Also, Claire Brinkley joins STV as Vice President and Strategic Growth Director for the firm’s…
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Wabtec: ‘Solid’ 4Q23, ‘Strong’ Order Pipeline (UPDATED 2/15)
“The Wabtec team delivered a strong finish to 2023 as evidenced by higher sales, margin expansion, increased earnings and improved cash flow,” President and CEO Rafael Santana said in a…
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FRA Proposes Changes to Freight Car Safety Standards (UPDATED 2/9)
The Federal Railroad Administration (FRA) in December 2023 proposed to amend the Freight Car Safety Standards (FCSS) to advance a freight rail safety provision of the Bipartisan Infrastructure Law (BIL).…
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25 Under 40: Part 4 of 4
RAILWAY AGE, FEBRUARY 2024 ISSUE: Railway Age is proud to recognize 25 ‘Fast Trackers’ Under 40 in 2024.
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FRA Issues Report on Improving Tank Car Crash Energy Management
The Federal Railroad Administration (FRA) has released a technical report aimed to help improve the puncture resistance of hazardous materials (hazmat) tank cars in the event of an accident or…
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25 Under 40: Part 3 of 4
RAILWAY AGE, FEBRUARY 2024 ISSUE: Railway Age is proud to recognize 25 ‘Fast Trackers’ Under 40 in 2024.













![“We are introducing 2024 EPS annual guidance of $1.30 to $1.50, which reflects improving margins in both our segments [Rail Products Group and Railcar Leasing and Management Services Group],” Trinity Industries President and CEO Jean Savage said on Feb. 22.](https://www.v2.railwayage.com/wp-content/uploads/2024/02/Caterpillar_E_Jean_Savage-350x197.jpg)




