Domestic News

PANYNJ Logs January Rail Volume Increase

The Port Authority of New York and New Jersey (PANYNJ) in January handled 61,415 containers, a 12.3 percent increase in rail volume compared with the same month in 2019. 

Commentary: Has the Outlook for Intermodal Railcar Purchases Stalled?

As on overall summary, the business sector sometimes referred to as “third-party intermodal organizers” overall don’t see their intermodal volume increasing year- over-year during 2020 by more than a low- to mid-single digit level.

U.S. Oil Boom vs Europe's Renewables Focus? Big Oil's Gap Widens -- in Words

Exxon and Chevron boasted to investors this week about booming U.S. oil production, illustrating how the gap has widened - at least in words - between top American oil and gas companies and their European rivals over efforts to transition to clean energy and fight climate change.

China Grants Duty Exemption on U.S. Soybean Imports

China has granted tariff exemptions for some crushers to import U.S. soybeans, five sources told Reuters, in line with a plan it announced in February, aiming to fulfill commitments under its Phase 1 trade deal with the United States.

International News

China Civil Engineering Construction Corporation Wins Zambia Railways Contract

China Civil Engineering Construction Corporation a subsidiary of China Railway Construction Corporation Limited, has entered into the contract for the modified engineering, procurement and construction - Rehabilitation and Upgrade Project of the Existing Railway in Zambia, with the Ministry of Transport and Communication Zambia.

Upcoming Industry Events with GBX Attendance
SEARS Spring 2020	PNWARS Spring 2020	NEARS Spring 2020
Atlanta, GA March 10-11th	Portland, OR March 10-11th	Newport, RI April 22-24th