Greenbrier Daily Industry News

Domestic News

Canadian National Railway Names New CEO, Averts Proxy Fight

Canadian National Railway Co. named a new chief executive officer and made changes to its board Tuesday, moves that will allow the railroad operator to avert a proxy fight.

CN Delivers Outstanding Fourth Quarter Results

CN today reported its financial and operating results for the fourth quarter and year ended December 31, 2021.

GATX Upbeat on 2022 Railcar Leasing Market

Railcar lessor GATX anticipates a favorable railcar leasing market for 2022 amid demand for railcars in North America and Europe.

Norfolk Southern Reports Fourth-Quarter and Full-year 2021 Results

Norfolk Southern Corporation today reported fourth-quarter and full-year 2021 financial results which included fourth-quarter and full-year records for income from railway operations and operating ratio.

Norfolk Southern Announces Board of Directors Changes

Norfolk Southern Corporation announced today that its Board of Directors has named Director Amy E. Miles, a member of the Norfolk Southern Board since 2014, as non-executive chair of the Board, effective May 1, 2022.

Judge Says BNSF Unions Can't Strike Over New Attendance Rule

BNSF railroad’s two biggest unions that represent 17,000 workers won’t be able to go on strike over a new attendance policy they say would penalize employees for missing work for any reason.

Chemical Trade Group: Washington Must Prioritize Supply Chain Issues

As a result of the supply chain disruptions of 2021, one-third of member companies of the American Chemistry Council experienced or declared force majeure, which is when a company breaks a contract due to extraordinary circumstances.

Imports Drop at Southern California Ports as Ship Backup Grows

Combined inbound volume fell 14% in December at the ports of Los Angeles and Long Beach as the queue of vessels waiting to unload surpassed 100 ships.
 
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