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