Rail Equipment

Rail Equipment

News coverage of rail suppliers, including demand, economics and more.

Commentary

It appears very possible that in the near term, domestic container fleet capacity will be exerting a downward effect on domestic intermodal numbers, and some potential volume could be left on the highway.

News & Analysis

The costs and liability for Hanjin Shipping containers have been some of the biggest concerns for members of the supply chain since the world's seventh-largest container line went bankrupt.
23 Sep 2016
Hanjin Shipping told a US District Bankruptcy Court on Friday how it would handle the late return of containers.
20 Sep 2016
The US Federal Maritime Commission has had some success in helping cargo interests minimize costs and retrieve cargo stranded by Hanjin Shipping’s bankruptcy.
Container manufacturers might actually benefit from the bankruptcy of Hanjin Shipping because shippers are trying to ensure they have adequate container capacity now that the fate of Hanjin boxes is in limbo.
01 Sep 2016
The Hanjin Shipping bankruptcy isn’t just delaying containerized freight shipments, it’s stranding empty containers.
The acquisition of ShipXpress will help GE Transportation round out its RailConnect 360 suite of software programs, and Movement Planner, which uses real-time data to optimize rail network utilization.
31 Aug 2016
The locomotive manufacturer extends its reach beyond railroads to shippers by buying cloud-based supply chain software firm.
30 Aug 2016
VTG boosted first-half profit the group benefited from lower financing costs and synergies from the acquisition of a rival company.
Singamas manufactured 112,599 less containers in the first half of 2016 than 2015.
26 Aug 2016
The world’s No. 2 container maker, slumped to a loss in the first half of 2016.
24 Aug 2016
Cheaper production and material costs and sagging demand have contributed to the decline.
29 Dec 2015
Japan’s Sumitomo Mitsui Trust Bank Ltd. will indirectly acquire half of Illinois-based Midwest Railcar Corp., making inroads into the increasingly lucrative U.S. freight railcar leasing market.
15 Sep 2015
Tiger Cool Express is making some major moves on the personnel and asset front, hiring two industry veterans to help handle the tripling of the reefer intermodal service provider’s domestic equipment fleet.
11 Aug 2015
Shippers wanting to better track their containers railed from Europe to Asia have a new option, reflecting not only the rush of interest in the rapidly growing trade lane but also the persistent threats of theft — often from customs inspectors.
21 May 2015
Temporary duties placed on Chinese 53-foot domestic dry containers will be refunded after a U.S. trade commission ruled earlier this week that Chinese manufacturers did not have an unfair advantage over their North American competitors.
19 May 2015
A U.S. trade commission has ruled against making temporary duties permanent on Chinese manufactured 53-foot containers, dealing a blow to the North American manufacturers that accused their Far East competitors of dumping their products in the U.S. market.
13 May 2015
U.S. shippers will likely see even higher domestic intermodal rail prices if the International Trade Commission rules against the Chinese manufacturers of 53-foot containers at the end of the month.
03 Mar 2015
Intermodal rail carrier Tiger Cool Express recently added 35 temperature-controlled intermodal containers to its fleet.
21 Jan 2015
The China-financed Mombasa-Nairobi rail link that is under construction is facing competition from Africa’s largest private equity firm that has invested $70 million in a competing rail connection that will also link the two cities.
10 Dec 2014
Twenty-one days after leaving the east China manufacturing city of Yiwu more than 8,000 miles away, a freight train carrying 40 containers arrived in the Spanish capital of Madrid this week, potentially opening yet another land bridge between China and Europe.
27 Nov 2014
A train pulling 82 wagons loaded with containers is somewhere between the Chinese manufacturing hub of Yiwu and the Spanish city of Madrid, 6,200 miles down the track.
05 Nov 2014
The third quarter was 'transformational' for XPO Logistics, CEO Bradley S. Jacobs says. The question now is, will freight activity get even hotter in the fourth quarter?
30 Sep 2014
Truck rentals are "at an all-time high" as commercial operators seek new ways to match capacity and rising freight demand, a PacLease executive says.
23 Sep 2014
The U.S. Commerce Department set duties on 53-foot dry intermodal containers from China after a preliminary determination concluded manufacturers received unfair subsidies from the Chinese government
intermodal rail
27 Jun 2014
U.S. commodity exporters are enjoying another year of especially low freight rates, but these benefits are often negated by carriers’ sloppy processing of documentation, longer transit times and inland transportation costs from the nation’s interior.
31 Mar 2014
KKR, the U.S.-based global investment group, today announced it is supporting a new European locomotive leasing firm to capitalize on the emergence of private companies spurred by rail deregulation across the continent.
07 Feb 2014
Shippers must work with their partners to fix supply chain faults revealed by winter storms, or face more near-term rate hikes and equipment shortages, a logistics executive warns.
17 Dec 2013
Schneider National is making the rare move of offering its own 600-strong chassis fleet, giving shippers more reliable access to lightweight equipment that will allow them to load more goods into the company’s containers.
22 Nov 2013
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.
Natural gas tank
13 Nov 2013
CSX and GE Transportation have agreed to launch a pilot program in 2014 to explore liquefied natural gas technology for locomotives.
Textainer container
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.
Train track
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
Arrowedge has a tapered body that allows air to flow more easily around a double-stack train’s top front-most containers.
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.
02 Aug 2013
Trinity Industries reported profit in the second quarter of 2013 was $88.2 million, improving from $67.5 million in the second quarter of 2012.