Transportation company GATX Corp. said Monday it bought a fleet of approximately 2,500 freight cars for $150 million. Get the full story »
Inside these posts: Railcars
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FreightCar posts wider-than-expected Q3 loss
FreightCar America Inc. posted a much wider-than-expected quarterly loss, hurt by challenging market conditions and low demand for coal-carrying railcars, and said it expects tough competition to continue to hurt pricing. Get the full story »
State backs Japanese railcar plant in Rochelle
A Japanese-based rail manufacturer is getting state financial help to start making railcars in northern Illinois. Officials say Nippon Sharyo U.S.A. will receive $12 million in the form of a state business investment package to supplement $35 million in private investment. Get the full story »
