Yea, the tooltips are something I'm still thinking about. Since it's not possible to dynamically update the item tooltips depending on quality level (items of different qualities always have identical tooltips, apart from the built-in quality modifiers), I'd have to put something like "acceleration +30%/level, speed +7.5%/level", which doesn't seem exceptionally useful.
For the placed entities, I could show the exact values (eg. showing storage tank capacity in the description, so you don't need to put in some fluid to see it), but I'm a bit wary of spamming tooltips and risking to push useful tooltip items offscreen. Locomotives should already show the new max speed and acceleration when placed down.