%%subject%%
Industry News
 

Domestic News

 

Canadian National, Canadian Pacific Confident of Their Post-Pandemic Response

The Canadian railways say they will have the network capacity available to handle an anticipated surge in volumes once the coronavirus pandemic plays out and consumer patterns shift back to normal. Speaking at the virtual BMO Capital Markets investor conference last week, executives with Canadian National and Canadian Pacific said they have adopted measures that will enable them to respond quickly to any volume surges later this year.
 

Varcoe: Keystone XL to Proceed With $7B Commitment From Alberta Government

On Tuesday, President Donald Trump, House Speaker Nancy Pelosi (D-Calif.) and Senate Democratic Leader Charles Schumer (D-N.Y.) agreed to work together on a $2 trillion surface transportation infrastructure package.
 

The Hottest Trade in Commodities Is Finding Space to Store Them

When it comes to commodities, the only thing in demand right now is somewhere to put them. From oil tanks in Oklahoma to wagyu beef refrigerators in Kobe, facilities around the world are filling up with products that can’t get where they’re needed or are simply not wanted at all. The cost of storage is exploding, in sharp contrast to the price of the commodities themselves, which are collapsing amid the chaos of the coronavirus.
 

Cowen: “Railroads Are Generally Well-Positioned; 2021 Carloads Will Be Strong”

Citing “increased macroeconomic uncertainty and corporate debt in focus across various sectors,” Cowen and Company recently delved into current debt levels at major railroad and trucking firms, and discussed actions these companies could take to combat the difficult times.
 

International News

 

Trains Overcome Corona Restrictions

As corona has stopped life to a great extent all over the world, trains started to play greater role in international transport.Though some of the industries have very badly affected from covid-19 epidemic, some others are trying to supply increasing demand. Food, health product and some chem companies even increased their production to supply domestic and international demand.
 

Coronavirus Batters Steel Sector, Europe Hardest Hit

The coronavirus pandemic is battering the global steel sector as huge swathes of industry that use steel shut down, with Europe hardest hit since steel demand and company margins were already anaemic before the crisis hit.
 
Virtual Sample Railcar
 

Upcoming Industry Events with GBX Attendance

 
Upcoming Events Eurasia 2019

NARS Annual Meeting

Downstream 2020

MARS Summer Meeting

Kansas City, MO
May 12-14th
Houston, TX
June 10-11th
Lake Geneva, WI
July 20-21st

www.gbrx.com

Facebook Twitter LinkedIn Youtube Blog

 

The Greenbrier Companies
One Centerpointe Drive
Suite 200
Lake Oswego, OR 97035


Update Subscription Preferences

Copyright © %%current_year_YYYY%%. All rights reserved.