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Freight Cars

Commentary

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…

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.
Justin Roberts, VP, Corporate Finance & Treasurer, The Greenbrier Companies
Commentary

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…
Aerial photograph of derailment site, courtesy of the NTSB.

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…

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…

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…
A finished tank car emerges from Greenbrier’s Concarril assembly plant in Sahagún, Mexico. (William C. Vantuono Photograph)

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…

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.
(Image Courtesy of TransmetriQ)

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…
Zoltan recently received a service award from his engineering colleagues at Wabtec for “Putting the brakes on a coupler career.”
Commentary

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…
From left to right: Congresswoman Carol Miller’s Veterans Affairs Liaison Cody Sanders; Wayne County Commission President Jeff Maddox; R. J. Corman Railroad Group Vice President Commercial Development Michael Robinson; R. J. Corman Railroad Group President and CEO Ed Quinn; Wayne County Commissioner Robert Thompson; Wayne County Commissioner Travis Thompson; Delegate Mark Ross; West Virginia State Senator Robert Plymale; and R. J. Corman Railroad Group AVP Commercial Development Greg Miller. (Caption and Photograph Courtesy of R.J. Corman)

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.
Commentary

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…

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…
“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.

‘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…
From Left to Right: Brenton A. MacDonald, Vice President and COO, SNR; Claire Brinkley, Vice President and Strategic Growth Director, STV; Anthony Pontone, civil/railway engineer, Hanson Professional Services Inc.; and Ryan Miller, Executive Director of Mechanical Operations, Wells Fargo Rail.

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…
(Wabtec Photograph)

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…

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).…
Shutterstock/ Kikujiarm

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.
(Image Courtesy of FRA)

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…
Shutterstock/ Kikujiarm

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.
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