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Freight Cars

Calling All ‘Fast Trackers’ Nominations! Deadline: Jan. 8

Railway Age is now accepting entries for our 2024 “Fast Trackers” 25 Under 40 awards, in which we will profile 25 individuals under the age of 40 who have made…

Greenbrier Releases 2023 ESG Report

The Greenbrier Companies, Inc. on Nov. 9 published its fifth-annual Environmental, Social and Governance (ESG) report.
Kate Suprenuk, President, Railcar Leasing North America, Marmon Rail (Photo: Business Wire)

Suprenuk to Lead Marmon Rail’s North American Leasing Business

Marmon Rail has elevated Kate Suprenuk to President, Railcar Leasing North America, leading the leasing business of Union Tank Car Company (UTLX) and Procor Limited. Randy Pocrnick, President of Procor…

ITE Management to Acquire SMBC Rail Services

An affiliate of investment firm ITE Management L.P. (ITE) has agreed to acquire North American rolling stock lessor SMBC Rail Services LLC from SMBC Americas Holdings, Inc., a member of…

Wabtec Releases 2023 Sustainability Report

Wabtec Corporation on Nov. 6 released its 2023 Sustainability Report highlighting the company’s “vision and progress on key environmental, social and governance (ESG) commitments.”
FreightCar America Castaños, Mexico manufacturing facility.

FreightCar America 3Q23: Improved Performance Despite ‘Unique Challenges’

“Our results this quarter underscore the power of disciplined commercial decision making combined with running the most efficient manufacturing operation in the industry. While the third quarter presented unique challenges…
(Photograph by William C. Vantuono)

ARCI: 3Q23 Freight Car Numbers on the Decline

Newly released data by the Railway Supply Institute (RSI) American Railway Car Institute Committee (ARCI) shows decreases in railcar orders, deliveries and backlog in 2023’s third-quarter. The data includes information…

Trinity 3Q23: ‘Significantly Stronger Performance’

Trinity Industries, Inc. earnings results for the third quarter ended Sept. 30, 2023 showed improvements in revenue, though railcar deliveries fell due mostly to factors the company could not control.…

Railway Age November 2023 Digital Edition Spotlights Women in Rail Awards

Railway Age’s seventh annual Women in Rail program recognizes women who excel at leadership, serving the community and contributing to the industry. These strong women—plus several earning Honorable Mention—were selected…
Commentary

Advanced Telematics Make RailPulse Possible

Brad Myers, Executive Vice President and Chief Operating Officer at Amsted Digital Solutions, explains to Kevin Smith how advances in telematics technology are making RailPulse possible. Central to the success…
Commentary

Finding the North American Railcar Fleet’s Pulse

RailPulse is a cross-industry coalition of companies seeking to optimize the collection and use of data on freight car performance metrics to improve service on the North American rail freight…

BTS Issues Report on Fleet Composition of Tank Cars Carrying Flammable Liquids

The Bureau of Transportation Statistics (BRS) has released its 2023 progress report on upgrading to the DOT-117 standard the portion of the North American rail tank car fleet that transports…

Swezey Appointed as Miner President and General Manager

Railcar component manufacturer Miner Enterprises, Inc. on Oct. 20 announced that John Swezey has been appointed as the company’s President and General Manager, effective Nov. 1.
Ross Hartley, International Sales Manager, Miner Enterprises (left); and Amy Fisher, General Counsel, PANYNJ (right).

People News: Miner Enterprises, PANYNJ

Miner Enterprises, Inc. hires Ross Hartley as International Sales Manager. Also, the Port Authority of New York and New Jersey (PANYNJ) announces Amy Fisher as General Counsel overseeing the agency’s…
“Looking forward, we are confident that the breadth of our products and technologies combined with our ability to maintain resiliency during economic uncertainty will provide us with a solid foundation for growth and continued momentum as we close out this year and move into 2024,” Wabtec President and CEO Rafael Santana said during an Oct. 25 financial presentation.

Wabtec 3Q23: ‘Strong’ Results, Full-Year Guidance Raised

Despite “an increasingly volatile macro-economic environment,” Wabtec delivered a “strong” third quarter, as evidenced by increased growth in sales, margin, earnings and operating cash flow, Wabtec President and CEO Rafael…

Greenbrier 4Q23: ‘Driving Operational Improvements, Realizing Margin Enhancement’

“During the fiscal year, Greenbrier met the evolving needs of our customers to maintain our market-leading position. At the same time, we advanced our strategy to drive operational improvements and…

GATX 3Q23: ‘Consistent With Initial Outlook’

“Consistent with our initial outlook, the railcar leasing environment in North America remains robust,” GATX President and CEO Robert C. Lyons said during a report on third-quarter 2023 financials, which…

National Steel Car Exonerated in NS Derailment, Investigation Closed (Updated Oct. 18 with additional NTSB Information)

Train consist makeup, not defective wheelsets, caused the March 4, 2023 derailment of a Norfolk Southern train in Springfield, Ohio. The Association of American Railroads (AAR) on April 14 cancelled…

Supply Inelasticity

RAILROAD FINANCIAL DESK BOOK, RAILWAY AGE OCTOBER 2023 ISSUE: Welcome to Railway Age’s 2024 Railroad Financial Desk Book. Fall is upon North American rail. It is a time for the…
Shutterstock/Manop Boonpeng

Railway Age Announces 2023 Women in Rail Honorees

Railway Age’s 2023 Women in Rail awards program recognizes 23 women who not only excel at leadership but also serve the community and drive industry change, paving the way for…
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