In May, GATX Corp. and Brookfield Infrastructure Partners L.P. entered into a definitive agreement to acquire Wells Fargo’s rail operating lease portfolio of approximately 105,000 railcars for $4.4 billion. On Dec. 23,
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“Our strong second-quarter results reflect solid operating performance across our global businesses,” GATX Corporation President and CEO Robert C. Lyons said in a second-quarter 2025 financial report. He pointed out that at
Sierra Northern Railway (SNR) elevates Brenton A. MacDonald to Vice President and Chief Operating Officer. Also, Claire Brinkley joins STV as Vice President and Strategic Growth Director for the firm’s transportation South/Central group; Anthony Pontone joins Hanson Professional Service Inc.’s Chicago regional office as a civil/railway engineer; and Ryan Miller joins Wells Fargo Rail as Executive Director of Mechanical Operations.
Last year, the Railway Supply Institute (RSI) and the rail community experienced its fair share of challenges and successes. Notable among the highs were strides made by RSI committees to educate the public and advocate for greater industry safety.
Car and locomotive lessor Wells Fargo Rail and Anacostia Rail Holdings Class III property New York & Atlantic Railway have ordered Wi-Tronix Violet Edge onboard technology, which includes Connected Event Recorder, PTC Event Recorder and Digital Video Recorder (DVR), all based on a robust Internet of Things (IoT) platform designed specifically for the rail industry. “Advanced technology enables remote access to synchronized information, in addition to a suite of analytic tools and actionable alerts that make rail operations safer,” Wi-Tronix noted.
William Glenn, a 14-year rail industry veteran, has joined railcar and locomotive leasing company Wells Fargo Rail as Chief Commercial Officer. Glenn will be responsible for leading sales, structured sales, customer service and business intelligence. Based in Rosemont, Ill., he will report to Wells Fargo Rail President Barbara Wilson.
