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Freight Cars

Pictured: Parallel’s prototype railcar loaded with a shipping container. (Photo courtesy of Parallel Systems)

FRA Reviews GC, HOG Petition to Pilot Parallel Systems Technology (Updated)

The Federal Railroad Administration (FRA) has conducted a preliminary review of a request submitted on Aug. 10, 2023, by Genesee & Wyoming Inc. (G&W) subsidiaries Georgia Central Railway, L.P. (GC)…

Force Control

RAILWAY AGE, FEBRUARY 2024 ISSUE: Nearly 140 years after the first patent was issued, draft gears and cushioning devices remain as fundamental to railroading as steel wheels rolling on steel…
Shutterstock/ Kikujiarm

25 Under 40: Part 1 of 4

RAILWAY AGE, FEBRUARY 2024 ISSUE: Railway Age is proud to recognize 25 ‘Fast Trackers’ Under 40 in 2024.
(TTC Operated by ENSCO Photograph)

Up Close at the Impact Wall

TTC OPERATED BY ENSCO, RAILWAY AGE FEBRUARY 2024 ISSUE: When visitors enter the Transportation Technology Center (TTC), they travel over a small overpass just prior to arriving at the entrance…
Commentary

Rail Equipment Expert Panel Takeaways

Railcar manufacturing inquiries and orders appear to have moderated, but the 2024 build outlook remains stable, modestly above replacement demand. Lease rates are holding up well at elevated levels. While…
CPKC photo

CPKC Joins RailPulse™ Coalition

Canadian Pacific Kansas City (CPKC) on Feb. 1 announced that it has joined the RailPulse™ Coalition, becoming the third Class I railroad and the tenth member of the coalition, which…

Now On Line: Railway Age February 2024 Digital Edition

The February 2024 issue of Railway Age is now available digitally, covering the freight rail policy outlook and showcasing our 25 Under 40 “Fast Tracker” honorees.

ARCI: Freight Car Market Performing Well

The Railway Supply Institute (RSI) American Railway Car Institute Committee (ARCI) has released 4Q2023 data indicating a freight car market that has performed well since the pandemic, with a healthy…

Bunge Joins RailPulse™ Coalition

Agribusiness company Bunge has signed on as the first railcar-owning shipper of RailPulse™, the coalition established in late 2020 to “facilitate and accelerate the adoption of GPS and other telematics…
Total containers moved by double-stack freight trains were down by 5.1% in the United States from January 1 up to the end of November 2023 compared with the same period in 2022. Photo Credit: David Gubler
Commentary

Mixed Outlook for North American Rail Freight in 2024

Independent rail economist Jim Blaze shares another fearless forecast for North American rail freight, as originally reported in Railway Age's sister publication, International Railway Journal (IRJ).
"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 4Q23: ‘Excellent Financial Results’

Chicago-based GATX Corp. has reported fourth-quarter 2023 net income of $66.0 million, or $1.81 per diluted share, compared with fourth-quarter 2022’s $48.4 million, or $1.36 per diluted share. For full-year…
Commentary

One Size Truly Doesn’t Fit All

If you ever worked on a railroad and certainly if you have ever been involved in working on railroad safety, you have frequently heard the phrase “one size doesn’t fit…
Commentary

TTX’s Tom Wells on Driving Down Railcar Maintenance Costs

Despite the below-freezing inclement weather, a respectable number of hearty Midwest railroaders gathered at the Union League Club of Chicago to attend the January meeting of the Western Railway Club.…

Railway Age’s 2024 ‘Fast Trackers’ 25 Under 40 Honorees

Railway Age is pleased to announce the 25 “Fast Trackers” selected for this year’s 25 Under 40 awards program.
Commentary

TD Cowen Surveys: ‘Slight Positive’ Business Growth; ‘Mild Negative’ Railcar Demand

Our Fourth-Quarter 2023 Rail and Rail Equipment Surveys generated a positive read-through for the rail group, albeit with a mild negative for railcar manufacturing. 4Q23 Rail Survey Expected rate increases…

TekTracking CTA Deployed on Two Class I’s

A new expansion of railroad asset management and control technology developer TekTracking LLC’s Commander Terminal Automation (CTA) system has been deployed on two Class I railroads.

ZTR, GATX PIVOT™ to Telematics

ZTR and GATX have signed a strategic agreement to install PIVOT™, ZTR’s new railcar remote monitoring telematics solution, on GATX’s North American railcar fleet. It will interface, the companies say,…

Now On Line: January 2024 Railway Age Digital Edition

Railway Age’s January 2024 issue is now available digitally. It features a profile of CN President and CEO Tracy Robinson—the recipient of Railway Age’s 2024 Railroader of the Year Award,…

TrinityRail Joins Cyclyx Consortium

TrinityRail® has joined the Cyclyx Consortium of Cyclyx International as its first railcar manufacturer. “Cyclyx and TrinityRail are exploring innovative ways to utilize rail assets, enabling access to more plastic…

Greenbrier ‘Better Together’ Strategy Accelerates

The Greenbrier Companies, Inc. on Jan. 8 formally launched its new organizational structure supporting the company’s “Better Together” strategy unveiled at its April 2023 Investor Day. The new structure reorganizes…
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