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Looming rail car retirements and high rates for rail car scrapping — not rail volumes — are driving the rail car market, according to the CEOs of rail car leasing companies and rail equipment manufacturers. The post Pending rail car retirements, high scrap rates tighten equipment market appeared first on FreightWaves.
Railroad industry news about: Trinity Industries Inc., RSI Logistics Inc., acquisitions, Transdev, Karen Keaton, Edwin Bohr Electronics Inc., Bruce Bloomster, Bilton Welding and Manufacturing Ltd., Canadian Pacific hydrogen locomotive program, Honeywell International Inc., Sydney Metro West. From the editors of Progressive Railroading Magazine
Trinity Industries has announced a $US 1.8bn contract with GATX to supply a mix of 15,000 new tank and freight wagons until 2028.
Local officials, community activists and Mercy Hospital and Medical Center employees attend a protest outside Mercy Hospital and Medical Center in Bronzeville on Sept. 3. They demanded Gov. J.B. Pritzker and Mayor Lori Lightfoot keep the hospital open, saying its closure will further increase the inequities in Black and Brown communities. The facility is set to close in 2021. Pat Nabong/Sun-Times Talk of closing Mercy Hospital next year couldn’t have come at a worse time, with the city fighting a pandemic that acutely affects the South Side, a place where health care choices are already to...