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.
AskWaves answers why rail industry observers like to keep track of the number of railcars in storage. Hint: It has to do with broader economic trends.
Four shipper associations have asked the Surface Transportation Board to see if demurrage charges can be applied to privately owned railcars to improve the flow of railcars through the network.
TrinityRail will permanently close a plant in Vidor, Texas, laying off 59 workers by April 30.
TTX Company owns 10+% of all railcars in North America. Learn why in this FreightWaves Classics article.
The $229 million deal comes as CAI International seeks to focus on its containing leasing business.
Freight trains can carry a multitude of cargo, with car variations to serve each type.
GameAbove Capital takes equity stake in Pro-Tech Group’s patented technology for better utilization of empty railcars.
About 25% of the total railcar fleet is in storage of one kind or another. Jim Blaze writes about best practices of rail storage.
The active railcar fleet fell by 25% in May. Multiple headwinds face railcar demand, but volumes may be turning a corner.
