Greenbrier Daily Industry News

Domestic News

Three Rail Unions Ratify Labor Pact With Canadian Pacific

Canadian Pacific yesterday announced three unions, representing employees at certain CP subsidiaries in the United States and Canada.

Congested Port of Oakland Slashing Free Wait Time for Import Containers

Port of Oakland is reducing its landlord free dwell time for containers from seven to four days before tariffs are applied.

Port Labor Talks Enter New, High-Stakes Phase With Contract Expiring

The contract governing West Coast dockworkers runs out late Friday.

Exxon Mobil to Sell Canadian Shale Gas Assets for About $1.5B

Exxon Mobil Corp. is selling its Canadian shale gas business for roughly $1.5 billion, marking the oil giant’s exit from regions rich in natural gas.

Shiploads of Russian Grain and Good Weather Temper Wheat Crisis

Russia has kept grain exports flowing, even as it blockades Ukrainian ports and seizes farmland.

Semiconductor Makers Urge Passage of Federal Funding Bill for Domestic Manufacturing

Two semiconductor manufacturing heavyweights warned they may have to push back domestic expansion plans as the $52 billion CHIPS Act.

International News

MRS Logística to Invest R$10B After Early Concession Renewal

The Federal Audit Court has approved the early renewal of MRS Logística’s concession to operate freight services on its 1 643 km broad and mixed gauge network.

PKP PLK Obtains More Than EUR 900M from CEF2

PKP Polskie Linie Kolejowe (PKP PLK) will receive a EUR 937 million CEF2 co-financing for two modernisation projects along the E30 and E65 railway lines.

Tabadul Seals Partnership Deal With Saudi Railway Company

Saudi Electronic Info Exchange Company (Tabadul) and the Saudi Railway Company (SAR) have signed a MoU.
 
Have a safe and happy 4th of July!
 

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