Greenbrier Daily Industry News

Domestic News

CSX Kicks Off Chicago Intermodal Yard Expansion Project

CSX and Chicago officials earlier this week held a groundbreaking ceremony for an expansion of the 63rd Street intermodal container storage yard.

FMC Members Urge STB Rejection of CP-KCS Merger

Three FMC members ask the STB not to approve the proposed merger of Canadian Pacific Railway and Kansas City Southern.

Containers Clog BNSF Dallas Terminal Amid Lack of Chassis

BNSF Railway is stacking ocean containers outside Dallas as cargo owners struggle to unload inventory in a timely manner.

NS Kicks Off New Operating Plan

Norfolk Southern Railway today announced the official launch of TOP|SPG, the Class I's latest operating plan designed to improve service.

Rail Regulators Have Been Afflicted With ‘Beltway Fever'

A recent hearing before the United States Surface Transportation Board, the United States’ key rail regulator, serves as a sobering illustration of what can happen.

State Will Provide Funding for Nebraska Industrial Park

Nebraska officials will provide $30 million toward construction of a rail-served industrial park near North Platte.

Logistics Provider DB Schenker to Buy USA Truck for About $285 Million

The acquisition expands the North American operations of one of the world’s biggest freight forwarders.

U. S. Steel Announces Update on Metallics Strategy

United States Steel Corporation announced today it would expand its low-cost iron ore competitive advantage and increase its self-sufficiency by supplying domestic feedstock.

Ethanol Keeps Climbing As Gasoline Prices Stay High

Ethanol prices have risen steadily this year, boosted by a Biden administration mandate to blend more of the biofuel into gasoline.

How a Massive Refinery Shortage Is Contributing to High Gas Prices

At a time when gas prices are at the highest level in history, hurting regular Americans, President Biden points out that Big Oil companies are enjoying record profits.

International News

U.S. and G-7 Allies Detail Infrastructure Plan to Challenge China

The U.S. and allies on Sunday laid out plans to invest hundreds of billions of dollars for infrastructure projects in developing countries.

Corn Piles Up Outside Silos As Key Brazil Region Reaps Record Crop

Big corn harvest leaves farmers short of space to store the grain as warehouses remain full of soybeans.
 

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