Rivals Canadian Pacific and CN separately submit more statements of support to the Surface Transportation Board in a bid to show which Canadian railway is best suited to merge with Kansas City Southern.
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, according to industry observations.
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 2021 as prospective customers take […]
TrinityRail will permanently close a plant in Vidor, Texas, laying off 59 workers by April 30.
TrinityRail, Canadian Pacific and Rocky Mountain Industrials announce company news; unions seek appointments to the National Mediation Board.
The railcar lessor has developed a new strategy that will focus on providing rail-related services and products as part of a broader effort to boost its profitability.
The drop in North American rail traffic could push railcar leasing rates lower.
The rail equipment manufacturer and lessor is reducing deliveries of new railcars at the start of 2020, but it’s eyeing an improving market later this year.
The rail equipment manufacturer and lessor managed to increase quarterly revenues despite a slump in North American railcar demand.
Gregg Mitchell promoted to new role after serving as chairman for Trinity’s highway products and logistics group.
