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 coverage of rail suppliers, including demand, economics and more.
News & Analysis
31 Jul 2013
CAI International reported its profit in the second quarter of 2013 was $16.9 million, increasing 12 percent from $15.1 million in the second quarter of 2012.
25 Jul 2013
American Railcar Industries reported its net income in the second quarter of 2013 was $23.6 million, jumping 76 percent from $13.4 million in the second quarter of 2012.
18 Jul 2013
GATX reported its profit in the second quarter of 2013 was $35.1 million, spiking 49.4 percent from $23.5 million in the second quarter of 2012.
02 Jul 2013
The Greenbrier Companies reported net earnings, excluding a non-cash goodwill impairment charge, were $15.7 million in the third quarter of fiscal year 2013, ending May 31, 2013...
28 Jun 2013
GATX Corp. has named Thomas A. Ellman as executive vice president and president of Rail North America, Michael T. Brooks as senior vice president of operations and...
19 Jun 2013
Deutsche Bahn and Bombardier Transportation have signed a frame contract for the delivery of up to 450 electric locomotives by the year 2020.
07 Jun 2013
ACF Industries has reopened its rail car manufacturing plant in Milton, Pa., after it was closed in 2009 because of declining sales.
06 Jun 2013
Textainer Group Holdings and Trifleet Leasing have signed an agreement under which Textainer will invest in new intermodal tank carriers to be managed by Trifleet, marking Textainer’s entry into the tank container market.
08 May 2013
Trinity Industries has teamed up with Napier Park Railcar Lease Fund and an additional co-investor, who also invested in the Napier Park Fund, to create RIV 2013 Rail Holdings...
07 May 2013
Textainer Group Holdings today reported its net income in the first quarter of 2013 was $49.8 million, inching up 0.7 percent from $49.5 million in the first quarter of 2012.
03 May 2013
FreightCar America reported a net loss of $2.6 million in the first quarter of 2013, compared with a net profit of $9.7 million in the first quarter of 2012.
26 Apr 2013
American Railcar Industries reported profit in the first quarter of 2013 was $17.9 million, increasing 49.4 percent from $12.0 million in the first quarter of 2012.
26 Apr 2013
GATX reported net income in the first quarter of 2013 was $27.1 million, falling 10.5 percent from $30.3 million in the first quarter of 2012.
22 Apr 2013
Trinity Industries has acquired the assets of Forjas Metálicas for about $23 million, plus assumption of certain specific liabilities.
05 Apr 2013
American Railcar Industries is opening a railcar maintenance facility in Brookhaven, Miss., in Lincoln County, expanding its presence in southwest Mississippi, according to Mississippi’s Gov. Phil Bryant, local officials and ARI officials...
04 Apr 2013
The Greenbrier Companies today reported net earnings in the second quarter of fiscal year 2013, ending Feb. 28, 2013, totaled totaled $13.8 million, jumping 33 percent compared with $10.4 million in the previous quarter.
02 Apr 2013
Adam Roth, Director, NAI Global Logistics, discusses trends in commercial real estate in North America, the impact of transportation on location and network structure, the future for trucking and railroads, the potential for near-shoring and growth in e-commerce facilities and consequently inland distribution.
01 Apr 2013
The size of the revenue-earning freight railcar fleet in North America rose by 1.1 percent in 2012 to 1.5 million units of equipment, but has not recovered to pre-recession population levels...
29 Mar 2013
In January, February and March, The Greenbrier Companies has received new orders for 5,400 railcars valued at approximately $575 million.
13 Mar 2013
The Greenbrier Companies has hired Adrian Downes as senior vice president and chief accounting officer.
08 Mar 2013
Textainer Group Holdings has named Alvin Chong as vice president and head of the resale division, succeeding Stefan Mackula, and promoted Anthony C. Sowry to senior vice president of operations and acquisitions.
01 Mar 2013
Growth in refrigerated rail traffic and equipment serves as a strong signal that U.S. railroads are snatching back business some 60 years after the creation of the interstate highway system helped trucking take command of the temperature-controlled market.
25 Feb 2013
Titagarh Wagons and FreightCar America have agreed to dissolve their Indian joint venture company.
25 Feb 2013
American Railcar Industries reported profit in the fourth quarter of 2012 was a record $24.4 million, spiking 382 percent from $5.1 million in the fourth quarter of 2011.
21 Feb 2013
21 Feb 2013
FreightCar America reported a net loss of $1.0 million in the fourth quarter of 2012, compared with a net income of $8.5 million in the fourth quarter of 2011.
15 Feb 2013
CAI International reported profit of $64.3 million last year, increasing 27 percent from $50.8 million in 2011.
13 Feb 2013
The conversion of over-the-road freight to domestic intermodal could accelerate in the next few years if federal hours-of-service limitations are implemented as planned and motor carrier costs keep rising, according to a third-party logistics executive.
12 Feb 2013
Union Pacific Railroad is receiving the first of 225 72-foot boxcars it ordered from Greenbrier Industries.
12 Feb 2013
Bermuda-based intermodal container lessor Textainer Group Holdings today reported net income in the fourth quarter of 2012 was $60.6 million, increasing 10.3 percent from $54.9 million...
29 Jan 2013
Class I railroad Norfolk Southern plans to spend $2 billion in 2013 for capital improvements to its rail transportation network.
24 Jan 2013
Railcar lessor GATX today reported income in the fourth quarter of 2012 was $29.7 million, dropping 6 percent from $31.6 million in the fourth quarter of 2011.
10 Jan 2013
Lake Oswego, Ore.-based railroad equipment supplier The Greenbrier Companies recently reported profit in the first quarter of fiscal year 2013, ending Nov. 30, 2012, was $10.4 million, increasing 40.5 percent...
08 Jan 2013
03 Jan 2013
Intermodal container lessor Textainer Group Holdings has acquired about 24,000 20-foot-equivalent units of standard dry freight containers from its managed fleet for approximately $32.6 million.