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Global Railcar Market Improving And Poised For More Growth: Greenbrier
Wednesday, July 14, 2021 - 10:41am | 957A focus on sustainability could be a boon for railcar manufacturers as European and North American customers pursue larger, higher-capacity railcars as a means to optimize rail shipments while reducing their carbon footprint by using rail, according to executives with railcar manufacturer...
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Best Practices For Private Railcar Storage
Tuesday, July 7, 2020 - 11:45am | 2234The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. Here are things the regulators don't tell you about marshaling and storing freight cars. Such as how to detect rail headwear. Most railroad executives would not...
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Greenbrier Outlines Railcar Design Improvements
Wednesday, August 21, 2019 - 2:17pm | 601Railcar manufacturer and lessor Greenbrier (NYSE: GBX) is seeking to develop railcars that are lighter and hold more volume but are also shorter, according to a report citing the company's sustainability initiatives. In its "Building for Tomorrow" report that was released on August 20, GBX said it...
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FreightWaves SONAR Now Features Railcar Lease Data
Wednesday, May 22, 2019 - 6:57pm | 688In the latest update to FreightWaves SONAR, data has been added from Commtrex, the number one online electronic marketplace that connects rail shippers with railroads, storage providers, lessors, transloaders and a wide range of service providers. Craig Fuller, FreightWaves' co-founder and CEO,...
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Experts Are Convinced CIT Group Will Rise 95%, But Not Before This Date
Monday, April 4, 2016 - 9:17am | 305While some investors expect CIT Group Inc. (NYSE: CIT) to sell its Aerospace business, others believe that other businesses would be sold following this sale. Macquarie’s Vincent Caintic maintained an Outperform rating on the company, while lowering the price target from $65 to $60....
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GATX Corp Approves Share Buyback Program, Hikes Dividend; Shares Move Higher
Friday, January 29, 2016 - 3:52pm | 208Shares of GATX Corporation (NYSE: GMT), an independent global railcar lessor, were trading higher by more than 3 percent on Friday after the company announced a new share repurchase authorization and a 5.3 percent raise in its quarterly dividends. GATX's board of directors has approved a new $300...