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Freight Cars

Now On Line: Railway Age May 2023 Digital Edition

The May 2023 issue of Railway Age is available digitally, showcasing the honorees of our fourth-annual Readers’ Influential Leaders poll and covering CPKC’s Final Spike ceremony, North American locomotive fleet…
Head of AITX Rail Europe Mahindhann Krishnapillai

Mahindhann Krishnapillai Tapped to Head AITX Rail Europe

American Industrial Transport, Inc. (AITX) announced May 2 that the company has tapped Mahindhann Krishnapillai as Head of AITX Rail Europe, the company’s new European railcar platform.
(National Steel Car)

RAILINC FREIGHT CAR REVIEW 2023: Trending Larger

RAILWAY AGE APRIL 2023 ISSUE: Railinc’s analysis of the North American revenue-earning fleet reveals that the total fleet increased in 2022 with almost all car types accounting for the gain.
Department of Energy prototype Fortis eight-axle cask-carrying railcar design. (TTC Operated by ENSCO)

Fortis Prototype Fabrication and Testing

TTC OPERATED BY ENSCO, RAILWAY AGE APRIL 2023 ISSUE: Discover a new railcar for transporting spent nuclear fuel and high-level radioactive waste.

ARCI: 1Q23 Freight Car Numbers Slowing

Newly released data by the Railway Supply Institute (RSI) American Railway Car Institute Committee (ARCI) shows slight declines in railcar backlog, orders and deliveries in 2023’s first quarter, compared to…
NARS President Bruce Mann

NARS 2023 Annual Meeting: ‘A New Era in Railroading’

The North American Rail Shippers Association (NARS) will host its annual meeting May 24-26, 2023, in Chicago. This year’s theme is “A New Era in Railroading.”

David Withall, 78, CEO of Miner Enterprises

David Withall, Chief Executive Officer of Miner Enterprises, Inc. for 24 years and a 53-year company veteran, has died after a brief illness. He was 78.

FRA Safety Advisory: ‘Train Length a Critical Factor’

The Federal Railroad Administration on April 27 issued Safety Advisory 2023-03, Accident Mitigation and Train Length, “to increase awareness of the potential complexities associated with operating longer trains, and push…

Your Questions Answered: DOT-111 Ethanol Phase-Out

The Pipeline and Hazardous Materials Safety Administration (PHMSA) and the Federal Railroad Administration (FRA) have released a “Frequently Asked Questions” document on implementing the upcoming phase-out of DOT-111 specification tank…

‘Young Professionals’ Conference: Fast Tracking Your Career

Join Railway Age’s inaugural “Young Professionals” conference to discover how to grow your career in the freight and passenger rail industry. Our 25 Under 40 program judge Nick Little, who…

Wabtec 1Q23: ‘Strong Start to 2023’

“The Wabtec team delivered a strong start to 2023 demonstrating continued momentum across both our Freight and Transit segments supporting a double-digit percentage increase in earnings per share,” said President…
(Union Pacific Photograph)

UP Chemical Shippers Reach Safety ‘Pinnacle’

Union Pacific (UP) has recognized 95 companies with its Pinnacle Award for their dedication to safely transporting chemical products by rail.
“Consistent with our expectations coming into the year, demand across our global railcar fleets remains robust,” said GATX President and CEO Robert C. Lyons.

GATX 1Q23: ‘Consistent With Expectations’

Chicago-based GATX Corp. has reported first-quarter 2023 net income of $77.4 million, or $2.16 per diluted share, compared with first-quarter 2022’s $75.8 million, or $2.10 per diluted share.
Commentary

WHITE PAPER: Management of In-Train Forces – Challenges and Directions, First Addendum

The June 2022 White Paper supplemented here was devoted to “management of in-train forces.” This is an issue for trains of virtually all lengths and tonnages, but longer trains present…
John C. Hellmann, CEO, Genesee & Wyoming

Hellmann Headlining Inaugural ‘Young Professionals’ Conference

Topping the list of reasons to attend Railway Age’s inaugural Young Professionals conference, to be held virtually May 11, is keynote speaker John C. Hellmann, CEO of Genesee & Wyoming,…

MxV Rail, Indian River State College Forge Training Partnership

MxV Rail and Florida-based Indian River State College (IRSC) have signed a strategic partnership and memorandum of understanding (MOU) “to proactively address workforce development challenges in the railroad industry,” focusing…
Andy Muller, CEO and Founder, Reading Blue Mountain & Northern

Railway Age 2023 Readers’ Influential Leaders

Railway Age is pleased to present the fourth-annual “Readers’ Influential Leaders” program honorees.

Top Five Reasons to Attend ‘Railway Age Young Professionals’

How is the rail industry attracting and retaining top young talent? What are the industry’s immediate and long-term needs? What are the most promising growth sectors? Why should you make…
(The Greenbrier Companies Photograph)
Commentary

TD Cowen Insight: GBX Investor Day

For The Greenbrier Companies (GBX), we see gradually subsiding volatility in revenue, margins and earnings over the next three to five years. This is as the company targets higher—albeit measured—lease…

TD Cowen: 1Q23 Surveys Say …

The results of our 1Q23 Rail and Equipment Surveys indicate a slight decrease in business growth expectations, and some resilience in railcar demand.
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