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Element inks railcar deal, acquires portfolio; plans to raise $1 billion

2013-12-10 04:46:41| Railroads - Topix.net

TORONTO, Cananda - Element Financial Corp. said Monday it has signed a deal to provide lease financing for up to $2 billion worth of rail cars over the next two years and acquire a US$245-million of portfolio of financial assets secured by helicopters The equipment financing company also announced plans to raise $1 billion in new capital through a ... (more)

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Trinity Industries and Element Financial enter strategic railcar alliance

2013-12-10 01:00:00| Railway Technology

Trinity Industries and North America's Element Financial have formed a multi-year strategic alliance to build a diversified fleet of up to $2bn of leased railcars.

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Railcar leak cleanup continues

2013-11-30 08:49:58| Railroads - Topix.net

Cleanup crews are working to remove contaminated soil after a Tuesday train derailment in Willard damaged a railcar that leaked flammable liquid and forced the evacuation of hundreds of homes.

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Hundreds remain evacuated after Ohio railcar leak

2013-11-28 06:59:53| Railroads - Topix.net

A wall of storms packing ice, sleet and rain could upend holiday travel plans for Americans as millions take to the roads, skies and rails for Thanksgiving.

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Hundreds of homes evacuated in northern Ohio city amid concerns about liquid leak from railcar

2013-11-27 16:36:17| Railroads - Topix.net

A city official says authorities have contained a spill at a northern Ohio rail yard where potentially flammable liquid leaked from a railcar, prompting the evacuation of hundreds of nearby homes.

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