Subscribe

Freight Cars

ARCI: 3Q22 Orders and Backlog Show ‘Significant Increase’

Newly released data by the Railway Supply Institute (RSI) American Railway Car Institute Committee (ARCI) shows orders and backlog “significantly increased” in this year’s third quarter. Total orders grew by…

Wabtec Celebrates 10 Years in Fort Worth

In October 2012, Wabtec opened the doors to its one-million-square-foot locomotive plant and 250,000-square-foot mining plant in Fort Worth, Tex. Now, 10 years later, the company has established the site…

FRA, ENSCO Kick Off TTC

The Federal Railroad Administration (FRA) and ENSCO, Inc. officially launched their collaboration at the Transportation Technology Center (TTC) in Pueblo, Colo. on Oct. 25, while marking the 50th anniversary of…
(Photograph Courtesy of BNSF)
Commentary

Trackathon: BNSF’s ‘American Idol’ for Innovation

Many businesses are rising to the challenge of operating sustainably to reduce their impact on our planet. At BNSF, we’re also finding more and more ways to contribute to long-term…
“Our market-leading position demonstrates the progress on our strategic plan to deliver strong performance, reduce cyclicality, and deliver long-term shareholder value,” said President and CEO Lorie Tekorius."

Greenbrier 4Q22: ‘Strong End’ to Fiscal Year

Greenbrier on Oct. 27 reported fourth-quarter 2022 results, which marked a “strong end” to its fiscal year and “demonstrates the value of its diverse business activities,” said President and CEO…
“Despite a volatile macro environment, we continue to identify attractive long-term growth opportunities in our markets in addition to the signing of a new railcar supply agreement in North America [with Trinity Industries],” GATX Corporation President and CEO Robert C. Lyons said on Oct. 25.

GATX 3Q22: Demand ‘Strong,’ Lease Rates Rise

“Demand for railcars remains strong across our global fleets,” GATX Corporation President and CEO Robert C. Lyons said during a third-quarter 2022 financial report on Oct. 25. “Fleet utilization at…
“The start of 2023 was busy at Trinity as we continued to ramp up production and optimize our business,” Trinity President and CEO Jean Savage said.

Trinity’s Savage: ‘Strong Momentum’ for 2023

Trinity Industries on Oct. 25 reported third-quarter 2022 GAAP and adjusted earnings that “show progress and improvement in our business,” according to President and CEO Jean Savage. “We continue to…
Marc Llistosella has been appointed CEO of Knorr-Bremse for a three-year term beginning on January 1, 2023. Photo Credit: Knorr-Bremse

Knorr-Bremse Appoints New CEO for Three-Year Term

Knorr-Bremse, the parent company of New York Air Brake, has appointed Marc Llistosella as CEO for a period of three years from January 1, 2023.

RAD Torque Systems B-RAD Series: RAIL GROUP ON AIR

The RAD Torque Systems B-RAD Series of battery-powered torque wrenches, which currently includes B-RAD S, B-RAD Select, Digital B-RAD and B-RAD Select Offset tools, now includes the new B-RAD X…

Multi-Edged Difficulties

FINANCIAL DESK BOOK, RAILWAY AGE OCTOBER 2022 ISSUE: Welcome to the 2023 Railroad Financial Desk Book. The North American rail drama meter has finally backed off from the red line…
(Shutterstock/ Rawpixel.com)

Railway Age Announces 2022 Women in Rail Honorees

Railway Age’s 2022 Women in Rail awards program recognizes 23 leaders—from senior management to agreement employees—who are driving change and paving the way for the next generation of railroaders.

USITC Targeting China- and Mexico-Sourced Couplers

The United States International Trade Commission (USITC) has commenced an investigation, “Certain Freight Rail Couplers and Parts Thereof From China and Mexico; Institution of Antidumping and Countervailing Duty Investigations and…
“Order expectations from shippers’ remain relatively in line from our second-quarter survey, but the level of certainty moderately declined in our recent survey,” Cowen analysts report. “It appears that gondolas saw demand improvement relative to second-quarter 2022. Boxcars declined relative to second-quarter 2022.”
Commentary

Cowen: 3Q22 Shipper Surveys Say …

According to Cowen and Company’s recently conducted third-quarter 2022 Rail Equipment and Rail Shipper surveys, the positive outlook for railcar orders remains relatively unchanged from the second quarter, and rail…

Women in Rail Conference: Whited to Address C-Suite Lessons Learned

Railway Age’s inaugural Rail Insights: Women in Rail Conference will feature Beth Whited, Union Pacific’s Executive Vice President–Sustainability and Strategy. Hearing from leading industry women like Whited, who will cover…
The CN 2022-23 winter plan is said to be guided by four objectives: operating safely, delivering the best possible service, increasing network productivity, and improving resilience. (CN Photograph)

CN Releases 2022-23 Winter Plan

CN has issued its “2022-23 Winter Plan—Meeting the Challenge,” a framework to ensure it meets customer and stakeholder needs in the months ahead.

Now On Line: Railway Age October 2022 Digital Edition

Railway Age’s October 2022 issue is now available digitally, covering how the New York Metropolitan Transportation Authority and Brightline are building for the future and presenting the 2023 Railroad Financial…

Trinity Lands $1.8B Multi-Year Railcar Order

Trinity Industries on Oct. 3 reported that it will supply a mix of 15,000 newly built tank and freight railcars to GATX through 2028, with GATX having an option to…

Moore to Help Kick Off ‘Rail Insights: Women in Rail’ Event

Railway Age’s inaugural Rail Insights: Women in Rail Conference will feature Ontario Northland President and CEO Corina Moore, one of our first Women in Rail award honorees. Hearing from leading…

BTS: DOT-117 Compliance Tops 85%

According to the most recent figures from the Bureau of Transportation Statistics (BTS), the U.S. crude oil rail tank car fleet exceeded 85% compliance with DOT-117 safety standards, in 2021,…
Harsco Rail COO Claus Heuschmid (left) says the company's "continued relarionship with the Saudi Arabia and Middle Eastern markets is a significant milestone for [Harsco]." (Historic photo to the right courtesy of SAR)

Supply Side: Harsco Rail, Transdev, Alstom, Siemens

Harsco Rail signs contract with Saudi Railway Company. Also, Transdev pledges to hire refugees through partnership with Tent; Alstom celebrates 70 years in Mexico; and Siemens launches new digital service…
Load More