Greenbrier inks long-term deal with Saudi Arabian railroad NEWSWIRE

Greenbrier

LAKE OSWEGO, Ore. — The Greenbrier Companies is a big deal in North American railcar manufacturing — the second largest of seven major competitors in the market, according to its 10-K SEC filing. But it’s also a major player internationally. Greenbrier has joint ventures in Europe and Brazil; earlier this year it acquired majority ownership […]

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JB Hunt CEO comments on railroads’ reliability NEWSWIRE

LOWELL, Ark. — John Roberts, CEO of rail intermodal pioneer J.B. Hunt, says rail reliability issues are causing the company to turn away customers from its intermodal business. “That drives a sales guy like me crazy,” said Roberts, according to a J. B. Hunt-released transcript of his comments at the recent Baird Industrial Global Conference […]

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New FRA high speed passenger rule could open door for more equipment options NEWSWIRE

FRA

WASHINGTON — The Federal Railroad Administration issued a final rule for passenger equipment, allowing high-speed operation up to 220 mph and establishing crashworthiness and rider-protection standards intended to allow more options for U.S. operators. The FRA says these requirements will “remove regulatory barriers and enable use of new technological designs, allowing a more open U.S. […]

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GE sells locomotives to Moldovan Railways NEWSWIRE

GELogo

CHICAGO — Moldovan Railways has selected GE Transportation to supply 12 Evolution Series locomotives, as well as parts, training, and services. This is the first locomotive order in Moldova for GE Transportation and marks a significant step as the country seeks to upgrade its existing fleet to haul freight trains, primarily carrying grain and ore, […]

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