The freight railcar market is more secure thanks to a new rule issued by the Federal Railroad Administration (FRA), a provision in the 2021 bipartisan Infrastructure and Investment Jobs Act (IIJA).
RAIL is a pure-play railcar manufacturer with strong operating margins from its Mexico plant, benefiting from cost advantages and lower inventory risk. The company boasts a robust $318M backlog and ...
Two of the largest US railroads, Union Pacific and Norfolk Southern, announced on Tuesday a plan to combine in a $72 billion deal that would create America’s first transcontinental freight railroad.
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