Greenbrier Daily Industry News

Domestic News

Greenbrier Acquires 3,600 Railcars

The Greenbrier Companies, Inc., has acquired more than 3,600 railcars, a portion of which will be held by subsidiary GBX Leasing, the company reported on Oct. 13.

KCS’ Sameh Fahmy to Step Down

Kansas City Southern (KCS) on Oct. 13 reported that Sameh Fahmy, Executive Vice President Precision Scheduled Railroading, will leave the company by year-end.

Cowen Research, AFS Logistics Launch Freight Index

The Freight Index will provide a performance snapshot of less-than-truckload shipping, full truckload shipping, and parcel shipping.

Tiger Cool Express Announces Tri-Cities Intermodal Initiative

Tiger Cool Express has signed a letter of intent to acquire Union Pacific Railroad's former Cold Connect warehouse and develop an adjacent intermodal ramp in Wallula, Washington.

Anacostia Promotes Khatami, Installs Turubanova As Her Successor

Anacostia Rail Holdings has named Kimia Khatami corporate senior director of business development. She will work with ARH’s executive team at the company's Chicago headquarters.

TexAmericas Center Names Thompson GM of Rail, Transload Operations

TexAmericas Center (TAC) has hired railroad industry veteran Darrell Thompson as general manager of railroad and transload operations.

Mexico Gets Braskem to Accept New Terms on Controversial Ethane Contract

Braskem reported an accord that replaced the original terms of its 20-year contract with the Mexican state oil company Pemex.

LG Chem to Construct New ABS Plant in Ohio

The plant will produce customized ABS products locally that reflect customer needs and this is expected to generate significant synergies with the American Tech Center in terms of strengthening customer responsiveness.

International News

Alstom to Modernise São Paulo Factory

Alstom is investing roughly 16 million dollars in the modernisation of its Taubaté factory in Brazil.
 
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