Domestic News

CN, NorFalco Sign Long-Term Pact to Move Sulphuric Acid

CN and NorFalco Sales have signed a new multiyear agreement that will provide freight transportation of sulphuric acid from NorFalco's rail-served production facilities in Sudbury, Ontario, and Rouyn-Noranda and Valleyfield, Quebec.

Progress Rail Sells Maintenance Equipment Leasing Business

PRELC offers an extensive fleet of railway infrastructure maintenance equipment for tasks such as sleeper replacement, ballast adjustments, rail grinding and resurfacing, switch modifications, and bridge inspection and test work. Equipment leasing is complemented by an in-house maintenance operation.

Mexico Train Robberies Rose 13% in Third-Quarter 2019

During the third quarter of 2019, the number of train robberies in Mexico rose 13% compared with the previous quarter, according to data compiled by Mexico’s Railway Transport Regulatory Agency (ARTF).

Automotive Production Took a Tumble in 2019

Automotive production declined 4.1% in 2019 compared to the previous year, while vehicle exports fell 3.4%, according to official data published on Wednesday.

International News

Belarusian Railways to Improve International Connections

The national railway says its focus for the year will be on resolving issues around passenger and freight transport to allow an increase in volumes and passenger numbers. This includes increasing the use of intermodal trains on the network and improving the capacity of the state-owned Belintertrans logistic centre.

Oil Dives as US, Iran Tensions Ease and on US Crude Build

Oil futures fell more than 4 per cent on Wednesday in a wild swing, soaring close to a four-month high in early trade on an Iranian rocket attack on US forces in Iraq before retreating as the countries quickly ratcheted back tensions.

Upcoming Industry Events with GBX Attendance
MARS Winter Meeting	Middle East Rail	SWARS Annual Meeting
Lombard, IL Jan. 15-16th	Dubai, UAE Feb. 25-26th	Galveston, TX March 4-5th