Domestic News
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As it moves ahead towards its vision of becoming the first truly North American railway, CN today announced it has placed an order for 1,000 new generation, high-capacity grain hopper cars. |
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We expect lease rate increases to accelerate; and despite the elevated commodity costs, manufacturing orders are likely to step up gradually, and we have modeled for this. |
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Canadian Pacific today announced that another 131 stakeholders filed statements with the Surface Transportation Board on May 8 in support of its proposed merger with Kansas City Southern, bringing the total to close to 550 supporters across the transportation supply chain in North America, CP officials said in a press release. |
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CN today recognized 55 of its customers and supply chain partners for their sustainability practices. |
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The Harrison County Development Commission and the Harrison County Board of Supervisors announced last week that the Chicago Rock Island & Pacific Railroad LLC (Rock Island Rail) based in Hernando, Mississippi, will begin operation of the Gulf and Ship Island Railroad along the Seaway lead in the Bernard Bayou industrial park. |
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Imports at U.S. container ports hit a new record this spring and volume during the first half of 2021 is expected to be one-third higher than last year as the economy continues to recover from the pandemic, according to the monthly Global Port Tracker report released by the National Retail Federation (NRF) and Hackett Associates. |
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Vulcan Materials Co. announced results for the quarter ended March 31. |
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Martin Marietta Materials Inc. reported results for the first quarter ended March 31. |
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One of the largest fuel pipelines in the U.S. has been shut down for days following a cybersecurity attack on Friday, May 7. |
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Copper prices climbed to record highs for the first time in more than a decade Friday, fueled by bets on a U.S.-led global economic rebound that would boost demand for metals used in manufacturing and construction. |
International News
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Etihad Rail has resorted to local sources to provide many of the main components required for building the national rail network, in line with ‘Make it in the Emirates’ strategy, which was launched recently by the UAE. |
