Greenbrier Daily Industry News

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Railroad Industry Slams Biden Order on Competition

The American Association of Railroads on Thursday blasted the Biden administration’s upcoming executive order that seeks to increase competition among railroads and other industries, saying the order would “arbitrarily dictate how railroads should operate.”

Railroads Adapted to Volatile Pandemic Conditions

The freight-rail industry demonstrated resilience and reliability during the COVID-19 pandemic, according to a new report by the Northwestern University Transportation Center.

Watco Adds Investment Partner

Watco has entered into a strategic equity relationship with a global investment management firm that will provide Watco with proceeds from a new Series E perpetual preferred equity security.

Port of Vancouver Feels Squeeze From CN, CP Wildfire Backlog

Hapag-Lloyd, Maersk warn of delays as railways work to recover after devastating blaze in British Columbia.

CSX Releases 2020 Environmental, Social and Governance Report

CSX Corp. today released its 2020 environmental, social, and governance report, highlighting the company's sustainability performance in the areas of safety, people and communities, environment, and governance.

CN, KCS Make Case for 'Pro-Competitive' Combination in Latest Filing

CN and Kansas City Southern yesterday made a joint submission to the Surface Transportation Board (STB) that explains why the board should approve CN’s voting trust structure, which would be a critical step toward full STB review on the merits of the proposed CN-KCS combination.

KCS Sets Stockholder Meeting Date for CN Merger Vote

Kansas City Southern has scheduled for Aug. 19 a virtual special meeting of stockholders to vote on the proposed merger with CN.

GAO Agrees to Investigate PSR's Effect on Reliability, Fees for Shippers

The GAO accepted Congress' request to conduct a study on the effects of PSR.

It's Time to Break the Glass on Cybersecurity Urgency

If it seems that cybersecurity attacks are on the rise, you are not mistaken.

A Massive Ransomware Attack Hit Hundreds of Businesses. Here's What We Know

Businesses and governments around the world are scrambling to understand yet another major ransomware attack that hit over the weekend, which could potentially cost tens of millions of dollars and affect more than 1,000 other companies.
 
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