Pioneer Railcorp, a railroad holding company that owns short-line railroads and other railroad-related businesses, and BRX Transportation Holdings, LLC, an entity formed by Brookhaven Rail Partners and Related Infrastructure, announced entry into a...
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May 20, 2019, 07:20 AM
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Trinity Industries, Inc. reported its wholly owned subsidiaries, Trinity Industries Leasing Company (TILC) and Trinity Rail Leasing 2018 LLC (TRL-2018), closed a two-tranche, railcar asset-backed securitization in the aggregate amount of $482.5...
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June 21, 2018, 07:05 AM
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Trinity Industries, Inc. introduced the name of its future infrastructure company as Arcosa, Inc., following the separation of the two companies into independent, publicly traded companies. The previously announced spin-off remains on track to be...
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May 16, 2018, 07:15 AM
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Mitsubishi UFJ Lease & Finance Company Limited ("MUL") announced executive appointments to MUL Railcars, Inc. ("MULR") leadership team. Kent Boskovich has been appointed Chief Commercial Officer. Boskovich has more than 20 years executive management...
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January 15, 2018, 07:12 AM
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Trinity Industries announced that its Board of Directors has unanimously approved a plan to pursue a spin-off of the Company’s infrastructure-related businesses to Trinity shareholders. The separation is planned as a tax-free spin-off transaction to...
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December 15, 2017, 07:05 AM
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According to the latest market study released by Technavio, the global railcar leasing market is expected to grow at a CAGR of close to 7% during the forecast period. The research report titled ‘Global Railcar Leasing Market 2017-2021’ provides an in...
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September 25, 2017, 07:10 AM
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Three Chicago-based investors, affiliates of Allstate, Duchossois Capital Management, and CC Industries, Inc., announced the formation of a new freight railcar leasing company, Riverside Rail. Earlier this week the investor group acquired 2,032...
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March 07, 2016, 07:06 AM
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Trinity Industries, through its wholly-owned subsidiary, TrinityRail Asset Management Company, LLC (“TRAMCo”) announced the extension of its strategic railcar alliance with Element Financial Corporation. Under the extended alliance, Element is...
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October 15, 2015, 07:05 AM
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