Greenbrier Daily Industry News

Domestic News

Union Pacific Posts Weak Profit As Storm Delays Shipments

Union Pacific Corp reported lower-than-expected fourth-quarter profit on Tuesday.

GATX Corporation Reports 2022 Fourth-Quarter and Full-Year Results

GATX Corporation today reported 2022 fourth-quarter net income of $48.4 million or $1.36 per diluted share.

Union Pacific: Heavily Invested in Intermodal

In 2021, U.S. railroads moved 14.1 million intermodal units, up 4.9 percent compared with 2020’s mark.

FTR’s State-of-Freight Message: Plan for Uncertainty in 2023

The outlook for the freight transportation business in 2023 can be summed up in one word: uncertainty.

Steel Mill Price Hikes Appear to Be Sticking

Sheet prices have started out the year strong, and downstream we’re seeing more service centers raising prices roughly in tandem with domestic mills.

Midwest Lawmakers Call on Regulators to Halt Union Pacific Embargoes

Eight members of Congress representing districts in Iowa, Minnesota and Wisconsin want the Surface Transportation Board to compel Union Pacific to lift weather-related embargoes in their states.

BNSF to Serve New CHS Grain Facility in South Dakota

CHS Inc. in spring will begin construction on a grain shuttle facility in southeast South Dakota.

Virginia CTB Approves New Rail Spur at Hershey Chocolate Facility

The Virginia Department of Rail and Public Transportation announced Jan. 18 that the Commonwealth Transportation Board (CTB) has approved a $450,000 grant.

Rail Supplier News From Ondas, Siemens, RINA, AITX and Hitachi (Jan. 23)

Ondas Networks Inc. has received an order from Siemens Mobility for 160 MHz radios on behalf of an unnamed Class I.

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