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Railway

Greenbrier Announces Orders for 7,000 New Railcars Valued at over $700 Million

Equipments & Devices
The Greenbrier Companies, Inc. announced today that it received new orders in April and May for 7,000 railcar units valued at more than $700 million. Orders...

Eneco to power electric trains with green energy in Netherlands

Electrical & Power Supply
Dutch sustainable energy firm Eneco has secured a contract from the local passenger railway operator Nederlandse Spoorwegen (NS) for the supply of green electricity.The...

Union Pacific Corporation Announces 2-for-1 Stock Split, Declares Quarterly Dividend, and Increases 2014 Capital Spending to $4.1 Billion

Market Reports
Union Pacific Corporation announced that its Board of Directors voted today to authorize a two-for-one stock split, distributed as a stock dividend. Shareholders of record on...

Wabtec Increases Dividend 50%; Shareholders Approve Company Proposals At Annual Meeting

Market Reports
Wabtec Corporation today increased its regular quarterly dividend to 6 cents per share, from 4 cents per share. The new dividend rate will be payable initially...

Federal Jury punishes theft of trade secrets, awarding California rail company $39.6 million

Market Reports
After more than five years of litigation, a California federal jury has awarded Sierra Railroad Company ("Sierra") $39.6 million in compensatory and punitive damages in a...

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