GATX sues utility, citing damage to leased cars NEWSWIRE

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ATLANTA — Railcar leasing company GATX has sued Georgia Power for at least $5 million, claiming the utility damaged hopper cars. In the breach of contract suit, GATX claims Georgia Power returned 160 leased cars with damage from corrosion, according to documents filed Oct. 24 in the Georgia Northern District of U. S. Federal Court. […]

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Progress Rail to Acquire Cleveland Track Material NEWSWIRE

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ALBERTVILLE, Ala. – Progress Rail, a Caterpillar company, has signed an agreement to acquire Vossloh North America’s (ETR: VOS) Cleveland Track Material (CTM) business. The proposed acquisition aligns with Progress Rail’s goal of profitable growth. With facilities located in Cleveland, Ohio; Reading, Pa.; and Memphis, Tenn., CTM has served as a supplier of special trackwork […]

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Freight car maker Greenbrier posts overall business gains; incorporates American Railcar NEWSWIRE

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LAKE OSWEGO, Ore. — As it integrates American Railcar Industries into its overall operations, railcar manufacturer and leasing company Greenbrier reports record revenues amid cautions regarding the effects of trade barriers and Precision Scheduled Railroading. In its financial report last week, Greenbrier had record revenues of $914 million for its fiscal fourth quarter and $3 […]

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New model trains for the week of October 31, 2019

Kato USA HO scale Electro-Motive Division SD40-2 diesel locomotive

Kato USA HO scale Electro-Motive Division SD40-2 diesel locomotive HO scale locomotives Electro-Motive Division SD40-2 diesel locomotive. Atchison, Topeka & Santa Fe (blue and yellow warbonnet) and Burlington Northern (as-delivered scheme). Two road numbers per scheme. Factory-installed Digital Command Control motor and light decoder, handrails, grab irons, and number boards; directional golden-white light-emitting-diode headlights; and […]

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Bachmann Conrail 100-ton, 3-bay hopper car

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Bill Zuback Bachmann Conrail 100-ton, 3-bay hopper car Manufacturer Bachmann Trains 1400 E. Erie Ave Philadelphia, PA 19124 Bachmanntrains.com Sold exclusively by Star Hobby 1564 Whitehall Rd. Annapolis, MD 21409 Shopstarhobby.com Price: $65 Features: Measures 16 5/8 ” x 4″ x 4″ (without load) Weight: 1.9 pounds Four road numbers available Removeable coal load Metal […]

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Trinity Rail revenues grow despite soft rail market NEWSWIRE

DALLAS — Despite a softening market for new railcars, manufacturing and leasing company Trinity Industries reports big growth in revenues and net income in the third quarter of 2019. Quarterly company revenue was up 34% over the third quarter of 2018; total net earnings were up 77%, officials say. CEO Timothy Wallace attributes the increases […]

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GATX sees quarterly earnings drop NEWSWIRE

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CHICAGO – Earnings for the Rail North America segment of leasing company GATX dropped by nearly 11% for the third quarter of 2019, but corporate officials are “cautiously optimistic.” Regarding the future of the economy and its effect on GATX, CEO Brian Kenney told those on the company’s quarterly earnings call, “I don’t have that […]

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MBTA to refurbish 20 commuter coaches NEWSWIRE

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BOSTON — The Massachusetts Bay Transportation Authority will spend $33 million to renovate 20 commuter coaches, returning the cars to service to provide additional capacity until new equipment arrives. In a separate development, the MBTA’s contract commuter operator, Keolis Commuter Services, announced the temporary closure of a station for emergency repairs. The State House News Service […]

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New model trains for the week of October 24, 2019

Accurail HO scale assorted freight cars

HO scale locomotives Electro-Motive Division F-series diesel locomotives. Burlington Northern (Northern Pacific “Pinetree” scheme patchout; F7A, F7B, and F7A-B set in one road number each), Denver & Rio Grande Western (Aspen Gold, silver, and black; F9B in one number; F9A-B set in two numbers), Milwaukee Road (1970s orange and black; F7A in one number and […]

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Wabtec celebrates 150th anniversary, opens new Pittsburgh headquarters NEWSWIRE

PITTSBURGH —Wabtec Corp., a high-tech supplier for the freight and transit rail industries, today celebrated 150 years of innovation and the grand opening of its new headquarters in Pittsburgh. The company’s origins began in Western Pennsylvania with founder George Westinghouse Jr.’s invention of the automatic air brake — a breakthrough that redefined the transportation industry […]

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WalthersMainline HO 60-foot P-S flatcar

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Our four samples covered four paint schemes (Southern Ry., VTTX, and OTTX in red and yellow) and all three deck styles. The Southern Ry. car had a plain wooden deck for general service. The VTTX car was visually the most interesting, with container pedestals and a see-through slat deck that left the trucks and brake […]

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