The Freight Transportation Services Index (TSI) reached a record high of 140.6 in August, up 4.1 percent from the index in August 2018, according to the U.S. Department of Transportation's Bureau of Transportation Statistics (BTS).
A high-tech supplier for the freight and transit rail industries, Wabtec’s origins began in Western Pennsylvania with founder George Westinghouse Jr.’s invention of the automatic air brake.
The US was the fourth largest exporter of LNG in 2018, but it is now just behind Qatar and Australia, and U.S. exports are expected to more than double by 2025.
The fate of U.S. crude production is a big deal for the transportation industry, not just because it affects fuel costs, but because it’s such an important driver of demand.
Russian Railways has sold 100% minus one share of its stake in Wagon Repair Company-3 (VRK-3). Organised by VTB Bank, the open auction was carried out in accordance with the decision of the board of directors as part of the sale of non-core assets of the company.
