Greenbrier Daily Industry News

Domestic News

Cowen: Measuring Supply Chain Shifts

A COVID-induced supply chain spiral led to a logistical conundrum that forced shippers and executive teams to adapt to an ever-changing global environment.

STB to UP: Explain Embargo Escalation

STB on Nov. 22 reported that UP embargoes have increased from a total of 27 in 2017 to more than 1,000 to date (as of Nov. 17, 2002).

‘I Think We’re Going to See Congress Panic and Step In’: Rail Union President Predicts Intervention As Strike Looms

The president of the largest freight-rail union in a published interview sounded skeptical he’d be able to reach a new deal with carriers in time to prevent a strike, and predicted Congress would soon step in.

Montana Rail Link Seeks Regulatory Permission to Terminate Lease with BNSF Railway

Surface Transportation Board decision on transfer of operations to BNSF is expected in the spring.

Schneider Expects 2023 Intermodal Boost From Move to Union Pacific

Executives say the partnership with the railroad will boost transcontinental service and give the trucking carrier more access to trains.

Class Is' Hiring Binge Continued in October

Class Is employed 118,208 people as of mid-October, a 0.53 percent increase from mid-September employment levels and a 3.53 percent increase year over year.

Chevron Phillips Chemical and QatarEnergy to Construct Integrated Polymers Facility on U.S. Gulf Coast

Chevron Phillips Chemical Co. LLC and QatarEnergy announced that they are proceeding with the construction of an $8.5 billion integrated polymers facility in Orange, Texas.

Export Grain Shippers Mull Options Amid Limited Barge, Rail Capacity

Grain shippers have been scrambling to consider all their export options in the wake of low water levels on the Mississippi River and its tributaries.

LA-LB, NY-NJ at or Near Normal Cargo Fluidity: APM Terminals

The cargo surge that began with the COVID-19 recovery in mid-2020 forced US ports to develop a new playbook to cope with the unprecedented port and inland supply chain congestion that resulted.

Trailer Orders Soar in October As OEMs Raise Intake

A return to normalcy among trailer manufacturers gained momentum in October with order intake as much as 91 percent higher than September and 171 percent greater than a supply chain-constricted October 2021.

Volkswagen Strives for Strong Logistics for a Stronger Future in Mexico

VW is putting new processes in place to build resilience and flexiblity into production and logistics at its Puebla plant in Mexico after two years of disruption as it looks toward electric vehicle production.
 
Happy Thanksgiving Day!
 
GBX ECONOMIC & INDUSTRY UPDATE - OCTOBER 2022. Watch now › https://youtu.be/9ZYfzakcMik
 

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