Greenbrier Daily Industry News

Domestic News

August CPI: Turbulence on Inflation’s Descent

The largest increase in consumer prices since June of last year was a reminder that inflation’s ride back to the Fed's target was always going to be bumpy.

CN Announces Upgrade to Falcon Premium Intermodal Service

Canadian National Railway Company, today announced an upgrade to its Falcon Premium Intermodal Service.

Union Pacific Expects to Respond Quickly to Safety Concerns Raised by FRA

Western U.S. Class I railroad Union Pacific expects to respond swiftly to recent remarks by the head of the Federal Railroad Administration that UP has made “poor” efforts to ensure the safety of its rolling stock.

Rail Supplier News From Sasser, Blume and Parallel Systems

Sasser Family Cos. has named Thomas Clark president of the rail division, which includes Chicago Freight Car and CF Rail Services. Clark has more than 35 years of rail-industry experience, including in sales, operations and varied leadership roles.

Big Three Strikes 'Could Lead to Automotive Supplier Redundancies’

Automotive suppliers in North America could face redundancies and possible collapse if a deal between unions and the ‘big three’ American OEMs is not reached, according to expert lawyers.

Smurfit Kappa to Merge with WestRock to Form $20B Paper Powerhouse

Ireland’s Smurfit Kappa agreed to buy U.S. peer WestRock for $11.15 billion, in a deal that would create a global paper and packaging powerhouse.

Marathon Galveston Bay, Texas, (U.S.) FCC Expected to Be Shut Until Late This Week

The fire-damaged, gasoline-producing fluidic catalytic cracker (FCC) at Marathon Petroleum's 593,000 bpd Galveston Bay Refinery in Texas City, Texas, is expected to be shut until late this week, said people familiar with plant operations.

UAW Bends on Wage Demands As Talks Progress in Detroit

The union has proposed a mid-30 percent wage increase, down from an initial demand of at least 40 percent.

Corn Crop Could Be One of the Biggest Ever

Corn futures fell to around their lowest price in more than two years after the U.S. Department of Agriculture said it expects the 2023 crop will be the second largest on record.

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