Latest Rail Industry News
MUL Railcars, Inc. (MULR) has appointed Phillip W. Thompson vice president business development, effective October 28, 2019. Thompson will focus on driving MULR's investment and services strategy, portfolio management and general management activities.
Amtrak has contracted with the Railroad Construction Company of Paterson, N.J., to improve the Amtrak rail station in Ashland, Va. The Amtrak Northeast Regional provides daily service to the Ashland Station.
The Greenbrier Companies, Inc. has reported financial results for its fourth fiscal quarter and full year ending August 31, 2019. Revenue for the fourth quarter was a record $914.2 million, and net earnings were $35.1 million, or $1.06 per diluted share.
Trinity Industries, Inc. reported results for the third quarter ending September 30, 2019, with net income from continuing operations of $49.4 million compared to $27.9 million in the 2018 third quarter.