Railway Interchange

Founded in 2001 by Marc and Joe Walraven, Eagle provides customers in the chemical, agriculture, energy and industrial manufacturing sectors, inspection, repair and maintenance services across 13 locations nationwide. (Eagle Photograph, Courtesy of EQT)

EQT to Take Eagle Under its Wing

Global investment organization EQT on April 1 reported that the EQT Infrastructure VI fund (EQT) has entered into a definitive agreement to acquire Eastland, Tex.-based Eagle Railcar Services (Eagle), which offers 13

(Photograph Courtesy of RSI)
Commentary
  • News

An Optimistic Outlook on Rail at InnoTrans 2024

I recently had the privilege of attending InnoTrans in Berlin, the world’s largest trade fair for transport technology, for a second time. As a leading voice of the North American rail supply industry with a growing presence in the passenger space, RSI’s participation at this global event was more important than ever.

Trinity Industries President and CEO Jean Savage

Trinity Set Up for 2H23 Growth, Says Savage

Trinity Industries’ second-quarter 2023 results “reflect a favorable operating environment and significant positive trends in our business,” President and CEO Jean Savage said during an Aug. 1 financial report. “We continue to see rising lease rates that reflect a balanced railcar fleet and railcar orders and deliveries to support replacement level demand, setting Trinity up for growth in the second half of the year.” TD Cowen weighs in.

(Photograph by William C. Vantuono)

ARCI: 2Q23 Freight Car Numbers on the Rise

Newly released data by the Railway Supply Institute (RSI) American Railway Car Institute Committee (ARCI) shows increases in railcar orders, deliveries and backlog in 2023’s second quarter—both sequentially and year-over-year.