Finance/Leasing

Railroad Day on Capitol Hill Recap

More than 300 participants from Class I and short line freight railroads, along with representatives from suppliers and supporting associations, visited more than 270 bipartisan offices on May 8 for Railroad Day on Capitol Hill.

Ed Boyle, Vice President Engineering, Norfolk Southern (NS Photograph)

Forward Focus

2024 READERS’ MOST INFLUENTIAL LEADERS, RAILWAY AGE MAY 2024 ISSUE: Railway Age’s 2024 subscriber-selected honorees all embody an entrepreneurial spirit anchored in a commitment to service, safety and sustainability.

CTA Sets CN, CPKC 2024–2025 VRCPIs

The Canadian Transportation Agency (CTA) has set its determination of the Volume-Related Composite Price Index (VRCPI) for CN at 1.9281 and Canadian Pacific Kansas City (CPKC) at 1.8760 for the 2024–2025 crop year beginning

In the three months ending March 31, 2024, Trinity’s Rail Products Group delivered 4,695 railcars; received orders for 1,880 railcars, valued at $259.5 million; and had a backlog value of $2.9 billion. (Trinity Photograph)

Trinity: ‘Strong Performance’ in 1Q24

“We are pleased with the progress exhibited in Trinity Industries’ first quarter results,” Jean Savage, President and CEO of the railcar manufacturer and lessor said during a May 1 financial report. “Our results show strong performance in both segments of our business, demonstrating the strength of our platform.”