Domestic News

Struggling Intermodal Meets Further Headwinds With Coronavirus

Intermodal carriers have already had a tough year because low spot rates in the trucking market meant shippers were turning to the highway rather than the railway. But early signs suggest intermodal might be the first to take a hit from COVID-19.

USD 248 Million for Rail Improvements in the U.S.

U.S. Department of Transport has announced the winners of the USD 248.5 million in grant funds under the Consolidated Rail Infrastructure and Safety Improvements (CRISI) programme.

Exclusive: Shale Gas Pioneer Chesapeake Energy Taps Restructuring Advisers - Sources

Chesapeake Energy Corp, the oil and gas exploration and production company that helped spearhead the U.S. shale revolution, has tapped debt restructuring advisers amid a rout in energy prices, people familiar with the matter said on Monday.

International News

ÖBB Rail Cargo Group Maintains Freight Services

Austrian Federal Railways’ (ÖBB) rail freight subsidiary Rail Cargo Group (RCG) says it is continuing to operate freight trains despite the restrictions due to the coronavirus pandemic.

Ukrzaliznytsia Will Sign Repair Contracts With its Own Plants

Ukrzaliznytsia will increase the localisation of rolling stock repair works which will support the domestic producers and employers. “Everything that can be done in Ukraine must be done here. This is the world’s practice and the official position of the President and the government. What we need is to enhance Ukrainian producers with foreign know-hows”, Frantisek Bures, Ukrzaliznytsia’s board member.

Upcoming Industry Events with GBX Attendance
NEARS Spring Meeting	NARS Annual Meeting	Downstream 2020
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