Trailer Orders Climb Above 21,000 in October
U.S. preliminary net trailer orders for October rose above 21,000 units, marking a rebound, analysts said.
November 15, 2016Pinched by Fewer Energy Products, Rail Carriers Broadening Customers
This year will be another disappointing one for freight rail carriers hauling fewer carloads of coal and natural-gas drilling supplies through southwestern Pennsylvania.
Railroads, Shippers Draw Battle Lines Over Proposed STB Rule
Railroads and shipper groups have sketched their strategy for a potentially historic Surface Transportation Board battle over the future of rail competition, with comments to the agency as well as taking steps to recruit allies.
November 2, 2016US Trailer Orders Fall by 65% in September as Market Returns to More ‘Typical’ Demand
Trailer orders in September fell below 13,000 as the market continues to adapt and reshape itself after a banner 2015, analysts said.
Fortress Said to Explore Sale of Florida East Coast Railway
Fortress Investment Group is exploring a sale of Florida East Coast Railway Corp., the coastal freight operator it took private in 2007, according to people familiar with the matter.
Utility Trailer Opens Arizona Location
Utility Trailer Manufacturing Co. opened a new full-service dealer location in Tolleson, Arizona.
October 13, 2016Feds Want More Info on Proposed Great Lakes Basin Freight Railroad
The federal Surface Transportation Board wants to know how many trains would run on the proposed Great Lakes Basin Railroad and also wants more details on its planned connection to the South Shore Freight Railroad.
US Trailer Orders Fall Almost 38% Year-Over-Year
U.S. net trailer orders fell 37.6% year-over-year as some fleets remained cautious about adding equipment and cancellations increased, according to ACT Research Co.
Railroad Regulators Award $25 Million for Automatic Braking System
Railroad operators around the country got a boost from federal regulators in their efforts to implement the automatic braking system known as positive train control.
Providence and Worcester Railroad Sold for $125 Million
Genesee & Wyoming Inc. has an agreement to buy Worcester’s Providence and Worcester Railroad Co. under a $125 million deal unveiled Aug. 15.