New York, United States , Nov. 01, 2022 (GLOBE NEWSWIRE) -- The Global Railroad Equipment Market Size Was Valued At USD 75 Billion In 2021, The Market Is Projected To Grow USD 93.80 Billion In 2029, ...

The Rail Vehicle Replacement Program supports transit agencies operating rolling stock that has already or is soon to be past ...

Industrial Works of Bay City, Mich., entered the railroad equipment market in 1881 with an innovative but unsuccessful type of railroad shovel. In 1883, the company produced the first steam railroad ...

Loram Technologies, Inc. on May 3 held a groundbreaking ceremony in Georgetown, Tex., for its new Global Rail Campus, which will comprise a corporate office and facility for the production and ...

Most years when we tackle this special issue on leasing, we lead with an article on “operating” leasing. We do this because many of our readers are operating lessors or operating lessees or work for ...

Dallas-based private equity firm Paceline Equity Partners has acquired Progress Rail Equipment Leasing Corp. (PRELC) from a subsidiary of Caterpillar (NYSE: CAT). The assets belong to Caterpillar ...

Amid higher oil prices, strong demand for automobiles and coal, the beginning of an infrastructure boom, and the rise in railcar deliveries over the last four quarters, the fair market value of ...

Shares of Wabtec were tumbling after the railroad-equipment maker reported disappointing quarterly earnings and guidance. Wabtec stock fell 11% to $186 on Wednesday, putting it on track for its ...

Parked in the woods of western Morris County are 32 rusty metal eyesores covered in graffiti. The now derelict ALP-44 electric locomotives ruled the rails when they were new, but have been rusting on ...

BOWDEN, W.Va. — While one hatchery worker stood in the raceway, another stood atop a two ton truck hoisting nets of trout with a winch to load into the onboard aerated tanks. Personnel made quick work ...

Some old railroad equipment was on display in the city on May 13, 1949, as Pennsylvania Railroad's Fort Wayne Division showed off three locomotives and two passenger cars that had been stored in the ...