Domestic News

CN: “On Our Way to Recovering”

In the absence of significant illegal blockades on its network over the last four days, CN announced that it has started calling back most of the temporarily laid off employees based in Eastern Canada.

Mergers and Acquisitions Still Likely for Class I Railroads

Mergers and acquisitions could happen among the Class I railroads within the next decade if regulatory and economic factors drive railroads to see mergers as a path to greater efficiency and expanded capacity, according to industry observers.

STB Issues Final Rule to Clarify Demurrage Regs

The U.S. Surface Transportation Board (STB) has adopted a final rule meant to clarify the regulation of demurrage, the agency announced late last week.NThe final rule amends regulations governing the class exemptions for certain miscellaneous commodities, such as paper products and steel scrap, and boxcar transportation to clearly state that demurrage continues to be subject to board regulation, STB officials said in a press release.

International News

VTG Acquires Majority Stake in Carbo Rail

VTG Rail Logistics has strengthened its presence in central Europe with the signing of a deal to acquire a majority stake in Carbo Rail, subject to regulatory approval.

Upcoming Industry Events with GBX Attendance
SWARS Annual Meeting	SEARS Spring 2020	NEARS Spring 2020
Galveston, TX March 4-5th	Atlanta, GA March 10-11th	Newport, RI April 22-24th