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Industry News
 

Domestic News

 

Economy Added Solid 128,000 Jobs in October Despite GM Strike and loss of census workers

U.S. hiring was surprisingly solid last month as employers added 128,000 jobs despite a General Motors strike that held down overall payrolls and the loss of 20,000 temporary census workers. The showing highlights a healthy economy that eases recession concerns.
 

PMI® at 48.3%; GDP Growing at 1.6%; October Manufacturing ISM® Report On Business®

Economic activity in the manufacturing sector contracted in October, and the overall economy grew for the 126th consecutive month, say the nation's supply executives in the latest Manufacturing ISM® Report On Business®.
 

Union Pacific Implements PTC on 93 Percent of Route Miles

Union Pacific Railroad implemented positive train control (PTC) on 1,113 route miles during the third quarter, bringing PTC-required route miles to 93 percent completion, including all passenger train routes, the Class I announced yesterday.
 

Cheniere Targets Earlier Texas LNG Export Unit Completion in First-Half 2021

Cheniere Energy Inc said on Friday it expects to reach substantial completion of the third liquefaction train at its Corpus Christi liquefied natural gas (LNG) export plant in Texas earlier than previously expected in the first half of 2021.
 

International News

 

Crown Prince Expected to Launch Aramco IPO on Sunday

Crown Prince Muhammad Bin Salman, deputy premier and minister of defense, is expected on Sunday to formally launch a long-anticipated stock offering of Saudi Aramco, Agence France Presse reported on Friday quoting a person close to the matter.
 

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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