The Greenbrier Companies announced new orders totaling 5,000 units valued at more than $425 million received during the first two months of its fourth fiscal quarter that began on June 1, 2018. read more
AUG 2, 2018 - 3:11 pm
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
FreightCar America reported Q1/18 revenue was 40.5% lower compared to the same quarter in 2017. The rail-car maker’s Q1/18 railcar deliveries of 1,094 were down from 1,525 in the same quarter a year earlier. read more
MAY 3, 2018 - 12:08 pm
GATX reported Q3/17 net income of $49.0 million compared to net income of $95.7 million in Q3/16. CEO Brian Kenney said, “Challenging conditions continue in the NA railcar leasing market." read more
OCT 20, 2017 - 7:01 am
Greenbrier reported fiscal Q3/16 earnings were down and noted the North American energy sector is contending with a surplus of railcars. The company noted equipment on operating leases was down about 10% year/year. read more
JUL 11, 2016 - 6:30 am
CAI International has entered into an agreement to purchase 2,000 newly built railcars over a three year period, beginning during the second quarter of 2016. read more
JUL 6, 2015 - 6:36 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
Bloomberg reported that despite record tank-car orders in 2014, manufacturers may be facing a decline in new bookings by as much as 70% in 2015 putting earnings at risk when deliveries drop in 2016. read more
JAN 26, 2015 - 7:21 am
Trinity Rail Group said it entered into a supply agreement with GATX to deliver 8,950 railcars over a four-year period. The company noted the agreement adds to its record $6.1 billion backlog at the end of Q3/14. read more
NOV 4, 2014 - 7:07 am
FreightCar America said it delivered 2,354 railcars in Q3/14, up 151% from 937 railcars delivered in Q3/13. The company noted backlog of 13,514 units, up from 7,129 units a year earlier. read more
OCT 31, 2014 - 7:07 am