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Industry News
 

Domestic News

 

U.S. Trade Envoy Meets Lawmakers on U.S.-Mexico-Canada Deal as Time Runs Short

U.S. Trade Representative Robert Lighthizer met this week with Democratic lawmakers to try to resolve their concerns about the U.S.-Mexico-Canada (USMCA) trade agreement as Republicans increased pressure to get the deal passed by the end of 2019.
 

CP Rail Remains Bullish Amid Global Headwinds and Record Third-Quarter Revenues

The head of the country’s second-biggest railway remained bullish about the coming year despite currently facing lower freight volumes, trade tensions and a sluggish global economy.
 

Short Line Tax Credit Eclipses 2/3 House Support

Sixty-two and 294—these two numbers may seem arbitrary to some, but they’re music to the ears of Short Line Tax Credit supporters.
 

Biofuel Groups File Petition Challenging Trump Administration's Small-Refinery Waivers

Biofuels groups have filed a petition in the U.S. court of appeals in Washington against the Environmental Protection Agency, challenging the agency’s process for granting refineries exemptions to the nation’s biofuel blending mandates, the groups said Wednesday.
 

International News

 

China Must Rein in SOEs to Gain Upper Hand in Tech War, Help Private Firms Like Huawei to Innovate

China should not bet on its state-owned enterprises to win the trade war with the United States since they will not be able to achieve hi-tech breakthroughs, Chinese pro-market academics warned, saying they must instead rely more on the private sector to gain an upper hand.
 

Chinese Consortium Selected for Bogota Metro Contract

The general manager of Bogota Metro, Mr Andrés Escobar Uribe, announced on October 17 that Apca Transmimetro, comprising China Harbor Engineering Company and Xi’An Metro Company, has been chosen for a $US 5.16bn contract to design, build, operate and maintain Line 1 of the Bogota metro.
 

Upcoming Industry Events with GBX Attendance

Upcoming Events Eurasia 2019

CARS NTL. Railway Day

MARS Winter Meeting

Middle East Rail

Edmonton, Canada
Nov. 5-7th
Lombard, IL
Jan. 15-16th
Dubai, UAE
Feb. 25-26th

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