Railcars Related Content

Greenbrier June/July Railcar Orders Valued at $425MM+

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

American Railcar Notes Lower Q2 Lease Rates Hurt Results

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

FreightCar America Reports Q1 Loss on Substantially Fewer Deliveries

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

GATX Q3 Earnings Reflect “Challenging Conditions”

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

Greenbrier Q3/16 Earnings Off on Impact of Energy Sector

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

CAI International Announces Multi-Year Railcar Order

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

American Railcar Leasing Grows Fleet Size, Revenues

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

Rail Tank-Car Makers Face Impact of Plunge in Crude Prices

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

Trinity Adds to Record Backlog with GATX Railcar Order

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

FreightCar America Q3 Railcar Deliveries More Than Double

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

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