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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