railcar leasing
-
Rail
Railcar lessors and rail manufacturers eye recovering market in 2021
A market recovery is underway for railcar lessors and equipment manufacturers, but the market also has a ways to go before it bounces back completely,…
Read More » -
Rail
Greenbrier optimistic for back-half recovery
Railcar manufacturer Greenbrier expects economic conditions and the rail market to improve in the second half of the year and that optimism is starting to…
Read More » -
Rail
Trinity Industries eyes better market conditions in second half of 2021
Although market conditions are improving for Trinity Industries (NYSE: TRN), the railcar lessor and rail equipment manufacturer anticipates persistent headwinds through the first half of…
Read More » -
Rail
Greenbrier forges railcar leasing joint venture with Longwood
Railcar manufacturer Greenbrier is forming a joint venture with transportation asset management firm Longwood to lease railcars.
Read More » -
Rail
GATX third-quarter net profit increases on international businesses
Revenue growth in the railcar lessor’s international segment and in its portfolio management program affiliated with Rolls-Royce helped offset losses for its North American segment.
Read More » -
Rail
Frac sand losses hit Trinity’s bottom line
Trinity took a $369 million impairment charge because leasing small cube covered hoppers exposed the railcar lessor to the frac sand market.
Read More » -
Rail
Pandemic, economy and market oversupply weigh on GATX’s 2020 view
These factors are dampening lease rates and renewal activity, the company said during its second-quarter earnings call on Tuesday.
Read More » -
Rail
Greenbrier scales down and loses weight
Railcar manufacturer Greenbrier trimmed its output and headcount in its fiscal year third quarter in response to the COVID-19 pandemic.
Read More » -
Rail
GATX open to acquiring more railcars
The railcar lessor is looking for further add-ons to its fleet as competitors face pressure from the COVID-19 pandemic and the volatile crude oil market.
Read More » -
Rail
Headwinds put pressure on Trinity’s leasing rates
The drop in North American rail traffic could push railcar leasing rates lower.
Read More »
