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Freight Cars

Commentary

Greenbrier: Order Activity Remains Healthy

We hosted virtual investor meetings and a group call with Justin Roberts, Greenbrier’s Vice President Corporate Finance and Treasurer. North American demand remains solid, and the production ramp-up appears set…
Pictured (left to right) at the High Speed Loop groundbreaking this month are MxV Rail’s senior management Shawn Vecellio, Tammy Bregar, Kari Gonzales, and Ken Laine, and PuebloPlex Director of Operations Chris Bolt.

MxV Rail Breaks Ground on First Test Loop

Construction is under way at MxV Rail’s new railroad testing facility at the PuebloPlex campus in Colorado, which is set to open this fall.
Canadian Minister of Transport Omar Alghabra

Transport Canada Updates Operating, Safety Rules

Transport Canada has approved revisions to the Canadian Rail Operating Rules and the Locomotive Inspection and Safety Rules to reduce the risk of uncontrolled train movements.
Lee Verhey (left), incoming Executive Director, Railway Supply Institute (RSI) Committee on Tank Cars (CTC); John Bryne, outgoing Vice Chair, RSI CTC.

Verhey to Succeed Byrne at RSI CTC

Lee Verhey will take on the Executive Director role for the Railway Supply Institute (RSI) Committee on Tank Cars (CTC), starting May 23. He succeeds RSI CTC Vice Chair John…

Comet Acquires Seneca, RR Mergers Advises

Comet Industries has acquired Seneca Railroad and Mining, with RR Mergers & Acquisitions as advisor.
Commentary

Suds With Seidl: ‘Rail Service Severely Challenged’

We hosted another Suds with Seidl event featuring leaders across the railroad industry. Rail service continues to be severely challenged, although there have been some slight improvements in recent weeks.…
FreightCar America President and CEO Jim Meyer will retire in 2023.

FreightCar America: ‘Improved Results’ for 1Q22; Meyer to Retire

FreightCar America closed first-quarter 2022 with “significantly improved results” in spite of “persistent inflationary and supply chain challenges,” President and CEO Jim Meyer said during a May 10 earnings report…

Understanding Failure Risk

RAILWAY AGE, MAY 2022 ISSUE: Welcome to “Timeout for Tech with Gary T. Fry, Ph.D., P.E.” Each month, we examine a technology topic that professionals in the railway industry have…

Long-Travel Draft System Impact Testing

RAILWAY AGE, MAY 2022 ISSUE: Under the Association of American Railroads (AAR) Strategic Research Initiatives (SRI) program, MxV Rail (formerly TTCI) is conducting research to characterize, evaluate and improve the…

Now On Line: Railway Age May 2022 Digital Edition

The May 2022 issue of Railway Age is available digitally, showcasing the honorees of our third-annual Readers’ Influential Leaders poll and covering signal failure avoidance, North American locomotive fleet stats,…

ARCI: Railcar Backlog Rises

Newly released data from the Railway Supply Insitute American Railway Car Institute Committee (ARCI) shows orders and deliveries remaining steady in Q122. The total backlog grew by approximately 7.4%, to 46,208,…

Above and Beyond: BNSF’s Safety Employees of the Year

Safety is the most important thing we do at BNSF. And as we move toward our safety vision of a workplace free of accidents or injuries, we celebrate our successes,…

Baltz Joins AITX as CFO

American Industrial Transport, Inc. (AITX) has appointed Eric Baltz as Chief Financial Officer. Baltz joins AITX following 14 years with coal producer Peabody Energy, most recently as Senior Vice President…

Trinity 1Q22: ‘Clear Line of Sight to Improved Conditions’

Trinity Industries, Inc. reported first-quarter results “highlighted by strong orders and deliveries,” according to President and CEO Jean Savage.

Wabtec 1Q22: ‘Strong’ Results, Backlog Grows

Wabtec Corp. posted “strong” first-quarter 2022 financial results, despite “rising costs, continuing supply disruptions and the impact on our business due to the conflict in Ukraine,” President and CEO Rafael…

GATX 1Q22: ‘Conditions Continue to Strengthen’

North American railcar utilization higher than 99% and lease renewals of 80% helped drive a solid first-quarter 2022 for GATX. Net income and diluted EPS more than doubled, compared to…
Alan Shaw, President and CEO-elect (May 1), Norfolk Southern

Railway Age 2022 Readers’ Influential Leaders

Railway Age is pleased to present the third-annual “Readers’ Influential Leaders” program honorees.
Preston Messer, Mechanical Inspector, AllTranstek

Messer Joins AllTranstek Inspection Services

Preston Messer has been appointed Mechanical Inspector at AllTranstek, a North American third-party, non-asset-based rail fleet management provider.

Heavyweights Dominate

RAILWAY AGE, APRIL 2022 ISSUE: Railinc’s annual analysis of the North American revenue-earning fleet reveals that the total fleet decreased in 2021 with all car types accounting for the loss.…

For Miner, an EOCC Milestone

Miner Enterprises, Inc. reports that it has received orders for more than 1,000 carsets of its Miner Friction Cushioning System (Miner FCS) end-of-car-cushioning (EOCC) devices, adding to the 2,700 carsets…
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