One of the biggest businesses in Dallas’ Stemmons Freeway corridor is headed for the ‘burbs with a headquarters move. Trinity Industries has been based in its tower northwest of downtown at Stemmons and Medical District Drive for decades.
National Steel Car is shutting down operations, citing the need for the personal protective equipment (PPE) it uses to keep employees safe to be prioritized instead for healthcare workers during the COVID-19 pandemic.
Union Pacific and CSX said the coronavirus pandemic is creating huge uncertainties that could translate into “material” financial impacts on the companies’ financial results, according to filings with the Securities and Exchange Commission (SEC).
Regulators are "working toward" a 14 April "open meeting" which would include producers who are in favor and against the move, economists, statisticians, regulators and other exports to discuss how it might be done, said Texas Railroad Commission member Ryan Sitton in an online presentation today.
Oil companies are turning to rail cars to stash the crude they can’t sell, as the world runs out of places to store a growing glut of cheap barrels. North American producers, refiners and traders are now looking to store excess oil in rail yards in Texas, Saskatchewan and Manitoba amid the crude market’s historic plunge and collapsing demand, according to people familiar with the matter.
The Chinese city of Wuhan, the epicentre of the coronavirus outbreak, resumed partial operation of its six-line metro network on March 28 while mainline and high-speed trains are also stopping at Wuchang station for the first time since the city was locked down on January 23.