Federal investigators are determining whether a Caterpillar subsidiary dumped train parts into the Pacific Ocean to conceal evidence of charging railroads for unneeded repairs, people familiar with the matter told The Wall Street Journal.
News coverage of rail suppliers, including demand, economics and more.
News & Analysis
13 Nov 2013
CSX and GE Transportation have agreed to launch a pilot program in 2014 to explore liquefied natural gas technology for locomotives.
07 Nov 2013
Textainer Group Holdings reported its net income in the third quarter of 2013 was $41.3 million, dropping 18.0 percent year-over-year from $50.4 million.
30 Oct 2013
CAI International reported its net income in the third quarter of 2013 was $15.3 million, falling 9 percent year-over-year from $16.8 million.
25 Oct 2013
GATX reported its net income in the third quarter of 2013 was basically flat year-over-year at $53.8 million.
21 Oct 2013
Shipper acceptance of refrigerated rail has grown in the past several years as new services have proved reliable in intermodal and boxcar sectors.
11 Oct 2013
American Railcar Industries today announced that James Cowan, president and CEO of the hopper and tank railcar manufacturer, has resigned to “pursue other interests.”
04 Oct 2013
Eurotunnel, the Anglo-French operator of the rail tunnel across the English Channel, warned that it could be forced to el
03 Sep 2013
Union Pacific has unveiled Arrowedge, a new employee-designed, pilot technology for fuel and locomotive emissions reductions on double-stack intermodal freight trains.
05 Aug 2013
FreightCar America reported a net loss of $3.4 million in the second quarter of 2013, compared with a net income of $5.6 million in the second quarter of 2012.