Greenbrier Forms JV To Grow Owned Railcar Lease Fleet

The Greenbrier Companies, Inc. , a leading international supplier of equipment and services to global freight transportation markets, announced plans to form GBX Leasing, a new leasing joint venture (JV) with The Longwood Group (“Longwood”) to develop an owned portfolio of leased railcars primarily to be built by Greenbrier. Longwood is a Chicago-based transportation equipment advisory and asset management firm. GBX Leasing will acquire approximately $200 million of newly-built and leased railcars per annum from Greenbrier

-via Press Release

CSX Unveils Its First Hydrogen-Powered Locomotive in Collaboration with CPKC

CSX has unveiled its first hydrogen-powered locomotive, marking a significant milestone in sustainable freight transportation. This pioneering achievement is the result of a successful partnership between CSX and Canadian Pacific Kansas City (CPKC) and demonstrates the company’s commitment to innovation and environmental stewardship.

SEPTA Releases Proposed Fiscal Year 2025 Operating & Capital Budgets: Safe, Clean & Secure

SEPTA is proposing a total budget of $2.6 billion for Fiscal Year 2025 – a $1.74 billion Operating Budget and $922.8 million Capital Budget. For the first time, the Authority’s Operating and Capital Budget Proposals are being presented as an integrated document on a modern web platform, which is ADA compliant to ensure that people with visual or hearing impairments can navigate SEPTA’s budget data.