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Freight Cars

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Railway Age 25 Under 40 Awards

RAILWAY AGE, FEBRUARY 2025 ISSUE: Railway Age proudly recognizes 25 ‘Fast Trackers’ Under 40 in 2025 who are making a real difference.
(Railway Age Image)

Now On Line: Railway Age February 2025 Digital Edition

The February 2025 issue of Railway Age is now available digitally, covering the freight rail policy outlook and showcasing our 25 Under 40 “Fast Tracker” honorees.

Bourque Logistics, AllTranstek Announce Merger

Rail service providers Bourque Logistics and AllTranstek announced that they will merge, combining operations to provide “a complete and unified offering to rail shoppers, railcar owners, and their railcar maintenance…

Michigan State RMCP 2025: Reserve Your Spot!

In 2024, the largest-ever Michigan State University Eli Broad College of Business Railway Management Certificate Program (RMCP) class assembled for the program’s 19th iteration. Some 30 people attended the four week-long…
GATX President and CEO Robert Lyons on Jan. 23 reported: “In 2024, we once again executed on our strategy of investing in economically attractive opportunities in our core businesses. We believe these disciplined investments will continue to drive earnings growth at GATX in 2025 and beyond.”(GATX Photograph)

GATX’s Lyons: 2024 ‘Exceeded’ Expectations, 2025 Rail North America Profit to be ‘Up Slightly’

At Chicago-based GATX, existing railcar demand “remained steady, as expected” for its North American business unit, with the railcar lessor extending leases at continued “attractive rates, while maintaining high fleet…
DOT-113C120W9 LNG tank car. (Chart Industries Photograph)

LNG By Rail Rule Vacated (Updated With RSI, ASLRRA Responses)

The U.S. Court of Appeals for the District of Columbia Circuit on Jan. 17 vacated the Pipeline and Hazardous Materials Safety Administration’s (PHMSA) rule authorizing the transport of liquefied natural gas (LNG)…

NS Recaps 2024 Safety Achievements

Norfolk Southern on Jan. 21 released its 2024 Safety Report (download below), “reflecting on accomplishments and initiatives from the last year. These milestones are a result of the company’s unwavering commitment…

Railway Age’s 2025 ‘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.
CPKC photo

Unifor Members Vote in Favor of Strike Action Against CPKC

Unifor members of Local 101R at Canadian Pacific Kansas City (CPKC) have voted “overwhelmingly” in favor of strike action, with 99% of members voting in support, if a deal is…
Commentary

Coulda, Woulda, Shoulda Invested in Rail Supply

Two years ago, I released an article cautioning the freight rail industry to expect higher railcar prices and lease rates. At the following Rail Equipment Finance conference, the article was…

RailPulse™ Offers ‘Grandfathering Incentive’

The RailPulse™ consortium is offering a “Grandfathering Incentive” for railcar owners/lessors that have already equipped their railcars with telematics from a current RailPulse™ certified vendor partners but have not yet…

For Greenbrier, an ‘Impressive’ First Fiscal Quarter

The Greenbrier Companies, Inc. on Jan. 8 reported financial results for its first fiscal quarter ended Nov. 30, 2024 that CEO and President Lorie L. Tekorius termed “impressive … delivering…
Commentary

SOEs Barred From U.S. Freight Car Market

The freight railcar market is more secure thanks to a new rule issued by the Federal Railroad Administration (FRA), a provision in the 2021 bipartisan Infrastructure and Investment Jobs Act (IIJA). This…

Assessing Truck Warp Restraint Hardware

MxV Rail R&D, Railway Age January 2025 Issue: Recently, the Association of American Railroads (AAR) Coupling Systems and Truck Castings Committee asked MxV Rail to evaluate how warp restraint systems…

Calling All ‘Fast Trackers’ Nominations! Deadline Extended: Jan. 10

Railway Age is now accepting entries for our 2025 “Fast Trackers” 25 Under 40 awards, in which we will profile 25 individuals under the age of 40 who have made…

FreightCar America Completes New Term Loan Facility

FreightCar America, Inc. (FreightCar America) recently announced that it has completed, on Dec. 31, 2024, a new $115 million, four-year term loan facility.
(Image Courtesy of Railway Age)

Now On Line: Railway Age’s January 2025 Digital Edition

Railway Age’s January 2025 issue is now available digitally. It features a profile of CSX President and CEO Joe Hinrichs—Railway Age’s 2025 Railroader of the Year—and a tribute to Jimmy…

FRA:  Wheel Failure Investigation Program, Phase 3 

According to the Federal Railroad Administration (FRA), between 2013 and 2015, accidents associated with wheel failures represented 11% of all equipment-caused accidents, a figure based on November 2016 data from…
(FRA image)

FRA Issues Final Rule to ‘Strengthen’ Freight Car Safety Standards

The Federal Railroad Administration (FRA) on Dec. 19 announced a final rule to “further enhance the safety of the U.S. freight rail industry” by introducing tougher standards for new-build freight…

People News: A. Stucki Company, Watco, UP

A. Stucki Company names Stacy Waltz as Chief Human Resources Officer. Also, Watco Executive Vice President (EVP) and Chief Business Officer Rachael Peterson is recognized with the Kaye Lynne Webb…
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