Updates from Texas Railcar Leasing, Alstom, TÜVRheinland, David J. Joseph Co. and Brookville Equipment
Rail industry suppliers and service providers continue to be active in the United States and abroad:
• European rail logistics firm VTG Aktiengesellschaft has acquired Texas Railcar Leasing Co. (TRLX), which leases rail cars to railroads and shippers in the United States, Mexico and Canada. Investment bank Citi Capital Strategies served as financial advisor to TRLX. Terms weren't disclosed. VTG Aktiengesellschaft, which currently manages a fleet of 48,200 rail cars, plans to acquire additional cars.
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