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Greenbrier Daily Industry News

Domestic News

Union Pacific Weighs Avoiding Los Angeles as Cargo Theft Rises

Union Pacific is considering changes to rail operations including avoiding Los Angeles County as a rise of cargo theft in the area hurts business.

Communication, Collaboration and Investment Key to UP Getting a Bigger Piece of the Intermodal Pie, Gosch Says

There are no boring days in Elise Gosch’s world. She stepped into her current position as Union Pacific Railroad’s assistant vice president of marketing and sales — premium intermodal on March 1, 2020, just weeks before COVID-19 gripped the supply chain.

Heavy Crude Discount Moves Wider

Canadian heavy crude’s differential to benchmark West Texas Intermediate crude widened on Thursday.

ExxonMobil (XOM) to Divest Shale Gas Assets in Appalachian Basin

Exxon Mobil Corporation XOM launched the divestment of shale gas properties in the Appalachian Basin as part of its ongoing divestment plan, per a report by Reuters.

'Insult to Injury': Record Rail Demurrage Adds to Shipper Costs

Rising fees caught regulators' attention in 2019, and a new rule should make it easier to dispute some charges.

Port of Los Angeles Updates Dwell Fee Structure to Add Free Time for Intermodal Goods

The Los Angeles Harbor Commission on Thursday approved an amendment to equalize the number of days both rail- and truck-bound cargo can stay on docks before being subject to a threatened per-diem fee.

International News

Rio Tinto to Buy Local Rail Cars They Have Ignored for a Decade – By Shane West

Rio Tinto has announced it will buy 50 iron ore rail cars from an Australian manufacturer, followed by another ten a year.
 
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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