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Trains Pro › Mechanical ›

Freight Cars

GATX projects significant gains from railcar fleet expansion
Feb 23, 2026

GATX projects significant gains from railcar fleet expansion

CHICAGO — GATX expects 98% to 99% utilization of its newly expanded railcar leasing fleet in North America by the…

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GATX car wrapped to promote heart health message
Jan 7, 2026

GATX car wrapped to promote heart health message

BEDFORD PARK, Ill. — Ingredion, a provider of food and beverage ingredients, and railcar leasing company GATX have introduced a…

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GATX, Brookfield complete acquisition of Wells Fargo rail leasing operation
Jan 5, 2026

GATX, Brookfield complete acquisition of Wells Fargo rail leasing operation

CHICAGO — GATX Corp. has completed acquisition of Wells Fargo’s rail leasing operation in a joint venture with Brookfield Infrastructure…

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FreightCar America acquires parts distributor
Dec 22, 2025

FreightCar America acquires parts distributor

CHICAGO — Railcar manufacturer FreightCar America has acquired parts distributor Carly Railcar Components, the companies announced today. Family-owned Carly Railcar…

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Navy seeks new flatcars to move missiles
Dec 9, 2025

Navy seeks new flatcars to move missiles

WASHINGTON — The Navy has begun the process of acquiring new flatcars to replace those currently used to transport missiles…

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Thomas named president of TTX
Dec 8, 2025

Thomas named president of TTX

CHARLOTTE, N.C. — Marty Thomas has been named president of TTX Co., the railcar pooling company announced today (Dec. 8,…

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GATX says demand for freight car leases is holding steady
Oct 22, 2025

GATX says demand for freight car leases is holding steady

CHICAGO — Rail equipment lessor GATX Corp. on Tuesday reported lower North American profits as expenses grew faster than revenue…

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TTX joins RailPulse telematics joint venture
Aug 25, 2025

TTX joins RailPulse telematics joint venture

TTX has joined the RailPulse Coalition, becoming the latest member of the cross-industry effort to transform railcar visibility, safety, and…

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FreightCar America earnings helped by company efficiencies, railcar demand
Aug 7, 2025

FreightCar America earnings helped by company efficiencies, railcar demand

CHICAGO — Railcar builder FreightCar America reported adjusted net income of $3.8 million, or $0.11 per share, in the second…

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Raymond Burton, former TTX CEO, dies at 86
Jun 25, 2025

Raymond Burton, former TTX CEO, dies at 86

CHICAGO — Former TTX president and CEO Raymond C. Burton Jr. has died, the company has announced. Burton, 89, died…

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Parallel Systems begins testing autonomous car on G&W short line
Jun 5, 2025

Parallel Systems begins testing autonomous car on G&W short line

Parallel Systems and Genesee & Wyoming short line Heart of Georgia Railroad this week began the first phase of testing…

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Wells Fargo to sell rail leasing business
May 30, 2025

Wells Fargo to sell rail leasing business

SAN FRANCISCO — Wells Fargo will sell its rail leasing equipment business to a newly formed joint venture of GATX…

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