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...Railcar industrialist George Pullman built a town near Chicago for his employees in 1880. George Cadbury fashioned Arts-and-Craft homes in Bournville, near Birmingham, for chocolate-factory workers....
...The fortunes of Boeing and Spirit AeroSystems are linked like their factories, with railcars loaded with each 737 Max fuselage that the supplier builds in Kansas travelling through farmland and across the...
...A version of this article was first published by Nikkei Asia on June 8, 2022. ©2022 Nikkei Inc. All rights reserved....
...Thousands of gleaming trucks wait on railcars to be shipped to auto dealers around the US....
...His holdings span energy, railcars, finance and other regulated businesses....
...Managers at the system, owned by the state of New Jersey, failed to move rolling stock from a railyard threatened by the storm surge, meaning that flooding wrecked hundreds of the system’s railcars....
...Still, plenty of investors believe broader cuts, including a sale of its railcar finance business, are needed....
...As well as its exposure to Mr Icahn’s equity investments, the company serves as a holding entity for subsidiaries spanning railcar manufacturing, casinos and car parts....
...“Our survival factors group is evaluating the adequacy of the emergency exits and also examining the strength, the crashworthiness of the railcars.”...
...University law professor, described the proposal as “historic” because it “enacts the words ‘sexual orientation’ and ‘gender identity’ into the Indiana code as part of an effort to protect the rights of LGBT Hoosiers...
...CP attributes its problems to its old, now-abandoned system for letting customers order railcars....
...Companies including Union Pacific, Credit Suisse, Penske Truck Leasing, HJ Heinz and railcar and freight company TTX sold more than $6bn in notes and bonds combined, just as Wall Street scrambled to make...
...John Miller, BNSF’s vice-president for agriculture, said the company had reduced its backlog of overdue movements – orders from customers for railcars that have taken more than four days to fulfil – from...
...“Any decision that forces more railcars on to our already congested system will not create more capacity,” Mr Bobb warned. “It will reduce capacity to some BNSF customers.”...
...capital expenditures of $2.2bn for the first half of the year and promised to increase investment over the remainder of the year, hiring additional staff and buying hundreds of new engines and thousands more railcars...
...Mr Icahn runs a family-only hedge fund but also has an $11.4bn listed vehicle called Icahn Enterprises, whose businesses span railcars, metal recycling and textiles....
...One is a transport finance unit best known for leasing commercial aircraft and railcars. The other business lends to small and midsized firms in North America....
...American Railcar earnings jumped from a $27m loss in 2010 to a $64m net profit in 2012, on sales that soared nearly 160 per cent, to $712m, over the period....
...CIT has been focused on transport finance, best known for leasing commercial aircraft and railcars. It also lends to small and midsized firms in North America....
...In May, the group bought 40 per cent of Bank Tabungan Pensiunan Nasional, a Jakarta-based lender, for about $1.5bn and this month said it would buy Flagship Rail, a US railcar leasing business, for about...
...Regulators are now examining whether railcars used to transport oil are strong enough....
...The Transportation Safety Board of Canada said the mislabelling’s discovery also raised questions about the suitability of the railcars used on the train that derailed in Lac-Mégantic, Quebec on July 6 and...
...Siemens has since established a local railcar manufacturing base to bolster its position....
...“We are collaborating with Amtrak, railcar manufacturers, and other partners to establish and implement safety standards that will ensure safe operation of these trains for passengers, employees and communities...
...The two-sentence statement gave no information about American Railcar’s rationale for the transaction. American Railcar’s shares closed up 6.64 per cent to $34.36....
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