Domestic News
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New York Air Brake LLC (NYAB) on Sept. 29 announced what it is calling a “realignment strategy” for its North American manufacturing operations. |
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In today's competitive environment, companies that don’t adapt and innovate will soon find themselves falling behind. |
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The Surface Transportation Board has affirmed its previous approval of a voting trust that Canadian Pacific would use as part of the process to acquire Kansas City Southern. |
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After walking away from its effort to buy Kansas City Southern railroad earlier this month, Canadian National Railway Co. continues to face investor pressure. |
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CSX Transportation will be in the driver’s seat for rail traffic related to Ford Motor Co.’s massive new electric vehicle and battery plants. |
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Norfolk Southern Railway recently turned unused and unwanted property in Ohio into a revenue gain. |
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Two major rail unions have begun legal action against Norfolk Southern. |
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Some in industry debate rail traffic trends and causes of market share loss to trucks. |
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A coalition of U.S. producers asked the federal government to impose anti-dumping and countervailing duties on Chinese imports of devices used to couple freight rail cars. |
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Lumber prices are rising again. Futures are up almost 40% since late August, while pricing service Random Lengths said that its framing composite index. |
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U.S. Sept. 1 supplies of wheat fell to their lowest level since 2007 following the smallest harvest in 19 years, the government said on Thursday. |
International News
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The first wagons were delivered to the British operator on 18 September, and the entire order will be completed by the end of November 2021. |
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Austrian rail logistics company Innofreight, the market leader in alpine cargo rail transportation, announced it will partner with logistics digitization pioneer Nexxiot. |
