Greenbrier Daily Industry News

Domestic News

Railinc Launches TransmetriQ

Railinc’s commercial products unit has a new name: TransmetriQ (pronounced trans-metric).

CSX Reaches Agreement to Acquire Quality Carriers

CSX Corp. announced Wednesday that it has signed an agreement with Quality Distribution to acquire bulk liquid chemicals transportation provider Quality Carriers Inc. Terms of the agreement were not disclosed.

CSX Buys Bulk Tank Trucking Fleet to Build Intermodal Muscle

Freight railroad CSX Corp. today said it will acquire the bulk liquid chemicals truck transportation specialist Quality Carriers Inc. in a move the company said will create the nation’s first integrated multimodal chemical transportation solution.

Norfolk Southern Issues $500 Million of Green Bonds to Fund Sustainable Business Initiatives

Norfolk Southern Corporation today closed a $500 million green bond offering to fund investments to reduce the company's carbon emissions and help customers reduce their supply-chain emissions.

63 Chem Shippers Reach UP Pinnacle

Union Pacific (UP) has recognized 63 chemical shippers for their dedication to safety with the 2020 Pinnacle Award.

ASLRRA's Baker Urges Congress to Pass Infrastructure Policies That Benefit Smaller Railroads

American Short Line and Regional Railroad Association (ASLRRA) President Chuck Baker yesterday testified before Congress on the short-line industry’s contributions to the U.S. supply chain.

LyondellBasell CEO Sees Resin Markets Tight at Least Through Year’s End

LyondellBasell’s CEO Bhavesh Patel said that the strong plastic resin demand and tight market conditions that boosted the company’s first quarter profitability may continue through December.

Few Signs of Recovery for U.S. Oil Production, OPEC Says

American oil production is set to drop again this year, with the shale industry’s output showing few signs of recovery despite a broader pickup in economic activity, the Organization of the Petroleum Exporting Countries said Tuesday.

CN Sends STB More Letters of Support for Proposed KCS Deal

CN today announced today that it has received more than 1,000 letters of support for its proposed acquisition of Kansas City Southern.

Chicago Suburb Claims CN-KCS Combination Would Create Traffic Nightmare (Updated)

Regional mayors group joins Barrington, Ill., in asking STB to take impact on communities into consideration.

Biden Admin Official Says Pipeline Is Best Option

During a White House press conference Tuesday, U.S. Secretary of Energy Jennifer Granholm said that she hopes Colonial Pipeline will be able to restore operation by week’s end.

International News

Ankara Pass Opened for Freight

Ankara rail corridor connecting east and west of Turkey is opened for freight officially.

Why China's CRRC Was Excluded From a US$1.9bn Maya Train Tender

Restrictions in a 40bn-peso (US$1.9bn) rolling stock supply tender for Mexico’s Maya train could have prevented Chinese state-owned locomotive manufacturer CRRC from having its bid accepted, an expert told BNamericas.

375 out of 1.3K Transmashholding Passenger Railcars Delivered to Egypt in 11 Months

The ministry of Transportation that 375 out of 1,300 Transmashholding railcars have been delivered until present since June 2020.
 
Tank Cars
 

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