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Railway Age

Railway Age

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Rail industry business, leadership and strategy.

Recent Posts

Ocean of Capital Chasing Trains
News•Feb 27, 2026

Ocean of Capital Chasing Trains

The rail industry is experiencing a wave of liquidity as infrastructure funds, insurance companies, and private‑equity firms pour billions into railcar and locomotive financing. Traditional tax‑leveraged leases are being replaced by long‑horizon passive capital and CDO‑structured debt, reshaping the capital stack. While new railcar production is expected to plateau at about 25,000 units in 2026, investors are betting on low default risk, inflation‑hedging assets, and modest lease‑rate growth. Tax incentives such as the 2025 bonus depreciation further sweeten the investment thesis.

By Railway Age
Cando to Acquire Savage Rail
News•Feb 23, 2026

Cando to Acquire Savage Rail

Cando Rail & Terminals announced its acquisition of Savage Rail, a leading U.S. rail services provider. The deal will combine Cando’s Canadian network with Savage’s 36 terminals, three short‑line railways and 80 first‑ and last‑mile operations, creating a coast‑to‑coast platform...

By Railway Age
Cando to Acquire Savage Rail, Expanding North American Rail Network
Deals•Feb 23, 2026

Cando to Acquire Savage Rail, Expanding North American Rail Network

Cando Rail & Terminals announced it will acquire Savage Rail, creating a coast‑to‑coast rail terminal and infrastructure platform across North America. The combined entity will operate 36 railcar storage and transload terminals, three short‑line railways, and 80 first‑ and last‑mile...

Railway Age