Greenbrier Daily Industry News

Domestic News

Steelmakers Dive Into Junk Business to Feed New Mills

Nucor, Cleveland-Cliffs and other steelmakers acquire scrap collectors as new mills push up demand for recycled metal, tighten supplies.

Union Pacific Overcame Adversity to Score Wins in 2021

Growth with adversity. Subscribe to Inside Track Email address Those three words may best describe 2021 for Union Pacific Railroad and its employees.

Self-Financed Freight Rail Will Still Enjoy Infrastructure Law Benefits

In a time when it seems like Washington can’t get even the smallest things done, one big win in 2021 for Union Pacific was the passage of the Bipartisan Infrastructure Bill.

Rail Supplier News From Wabtec and Blume Global

Wabtec Corp. has acquired the railway friction business from Masu, a manufacturer of friction products for the rail and automotive industries.

Hedlund Sworn in As STB's Newest Member

Karen Hedlund was sworn in yesterday as the newest member of the Surface Transportation Board (STB). The U.S. Senate approved her appointment on Dec. 16, 2021.

Hedrick Tapped As AAR CFO

The Association of American Railroads (AAR) has hired Paul Hedrick to succeed Jeffrey D. Marsh as Senior Vice President of Finance and Administration and Chief Financial Officer.

There’s No End in Sight for Chip-Constrained Auto Sales Slump

Duane Paddock is used to carrying upwards of 800 vehicles at his self-named Chevrolet dealership near Buffalo, New York.

Trailer Manufacturer Expanding to Increase Intermodal Chassis Production

Stoughton expanding to increase intermodal chassis production. In 2022, the company will begin manufacturing chassis products in Waco, Texas.

Cold-Storage Specialist Lineage Logistics Raises $1.7bn

Lineage Logistics, which specializes in temperature-controlled industrial and logistics real estate, said it has raised $1.7bn in equity from a number of pension funds and investment managers.

International News

CargoBeamer to Launch Germany – France Route

CargoBeamer is to launch an intermodal service between Kaldenkirchen in Germany and Perpignan near France’s border with Spain on January 10, carrying semitrailers, containers, P400 trailers, refrigerated and tank trailers.
 
High-Strength Steel Gondola. United States Steel Corp., Norfolk Southern and The Greenbrier Companies, Inc. have teamed to design a “sustainable, high-strength steel” gondola. Learn More: https://go.gbrx.com/gondola
 

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