The Greenbrier Companies entered into an agreement to acquire the manufacturing business of American Railcar Industries from ITE Management in a transaction valued at $400 million. read more
APR 18, 2019 - 6:50 am
American Railcar Industries agreed to merge with a wholly-owned subsidiary of ITE Rail Fund in a transaction valued at $1.75 billion. According to CNBC, Carl Icahn stands to earn a $757.2 million profit on the deal. read more
OCT 23, 2018 - 7:00 am
Only 2% of American Railcar's Q2/18 shipments were railcar leasing related versus 51% in Q2/17 as the prevalence of lower lease rates has stalled The North American railcar market. read more
AUG 2, 2018 - 6:40 am
American Railcar Industries is in the process of obtaining the approvals necessary to allow it to manage the railcars owned by its wholly-owned subsidiary Longtrain Leasing. read more
MAR 27, 2018 - 6:02 am
American Railcar Industries appointed John O’Bryan president and CEO. O’Bryan had been appointed president and interim CEO on January 1, 2018. read more
FEB 6, 2018 - 2:49 pm
American Railcar Industries has begun managing its railcar leasing business in-house after its former lease fleet manager, American Railcar Leasing, was sold to SMBC Rail Services. read more
JUN 7, 2017 - 7:27 am
According to new research from Market Reports World, the railcar leasing market in North America is expected to grow at a CAGR of 9.01% from 2017 to 2021. read more
MAR 29, 2017 - 7:04 am
American Railcar Industries said Q4/14 railcar leasing revenues were 134% higher compared to Q4/13. ARI said the primary reasons for the increase were an increase in the number of railcars on lease and higher average lease rates. read more
FEB 20, 2015 - 7:35 am