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Industry News
 

Domestic News

 

USDOT Solicits Public Input on National Freight Plan

The U.S. Department of Transportation (USDOT) has issued a request for information (RFI) to help develop a National Freight Strategic Plan that includes 11 statutorily required components to address multimodal transportation. The plan was mandated by the Fixing America's Surface Transportation (FAST) Act.
 

G&W Completes $8.4B Sale With "Excellent Outcome"

Genesee & Wyoming (G&W) recently announced the completion of its $8.4 billion sale to affiliates of Brookfield Infrastructure and GIC.
 

Progress Rail Sells Maintenance Equipment Leasing Business

Progress Rail has sold its Progress Rail Equipment Leasing (PRELC) subsidiary to affiliates of Paceline Equity Partners, a private equity manager.
 

Oil Price Keeps Rising as Industry Eyes Iran-US Conflict

The global benchmark for crude oil rose above $70 a barrel Jan. 6 for the first time in over three months, with jitters rising over the escalating military tensions between Iran and the United States.
 
 

International News

 

Faster Freight Pledge From Network Rail

Getting more freight onto the UK’s railways and off the UK’s roads, is dependent on making schedules more reliable, says Network Rail, the agency responsible for infrastructure capacity. Easier said than done says everyone else.
 

Saudi Aramco Hits New Low Since Trading Began on December 11

Saudi Aramco shares briefly hit 34.45 riyals ($9.18) in early trade, their lowest level since its shares began trading on December 11, following a record-setting initial public offering (IPO).
 
 
Hear from Greenbrier in the first episode of Manufacturing Matters Oregon - Listen Now
 

Upcoming Industry Events with GBX Attendance

 
Upcoming Events Eurasia 2019

MARS Winter Meeting

Middle East Rail

SWARS Annual Meeting 

Lombard, IL
Jan. 15-16th
Dubai, UAE
Feb. 25-26th
Galveston, TX
March 4-5th

www.gbrx.com

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