railcar manufacturing
- Rail
Trinity, GATX reach $1.8B railcar supply agreement
Trinity Rail Group will supply a mix of 15,000 tank and freight railcars to GATX over a span of six years.
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FreightCar America sees benefit in tight rail car supply, better rail service
Despite economic headwinds, the rail car manufacturing market will find support in the second half of 2022 amid tight rail car supply and improving rail…
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Congressional leaders push for tax credit for scrapping older railcars
A bipartisan group of U.S. representatives is supporting a bill that would encourage companies to replace or modernize older freight railcars via a tax credit.
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Rising steel costs, Ukraine conflict shape GATX’s view of 2022
The U.S. railcar lessor doesn’t expect the war in Ukraine to impact company profits, but the conflict is affecting operations in Poland.
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FreightCar America sees opportunity in continued high scrapping levels in 2022
The railcar manufacturer sees elevated scrapping levels and higher leasing rates.
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North American rail equipment makers keep close watch on Ukraine-Russia
North American rail equipment manufacturers have customers and offices in the region, and they’re assessing what steps to take next as the situation unfolds.
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GSCW chat: How the rails might benefit from growing industrial production
FreightWaves market expert Mike Baudendistel chats with Harris Ligon, co-founder and CEO of a stealth startup, about how recent growth trends for industrial production in…
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FreightCar America upbeat on reaching profitability
High scrapping rates and aging fleets provide support for railcar manufacturing as the company anticipates 2022 financial results that won’t be “obscured by restructuring activities.”
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North American Q4 freight railcar orders up sharply amid improving market
Railcar orders rose more than 50% in the fourth quarter, according to the Railway Supply Institute.
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Greenbrier, U.S. Steel and Norfolk Southern green the gondola
The three companies have partnered to produce a more sustainable gondola car in anticipation of the eventual retirement of the existing fleet.
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