Greenbrier Daily Industry News

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J.B. Hunt Shares Up 3.7%; President Sees ‘Freight Recession’ Waning

J.B. Hunt Transport Services shares were up 3.7 percent Wednesday after the trucking company’s president said customers are cautiously optimistic about the rest of the year.

UAW Threatens Strikes at Certain Auto Plants If It Can’t Reach Labor Deals

The United Auto Workers union plans to hold targeted strikes at certain U.S. auto factories if it can’t reach new labor deals with Detroit automakers by late Thursday, an unusual strategy that could broadly disrupt assembly-line production.

The UAW Is Preparing for a Strike: Here Is What to Know

The 88-year-old union is negotiating new labor contracts with GM, Ford and Stellantis; a deadline is nearing to reach a deal.

Union Pacific’s New CEO Won’t Forego Cuts As He Works to Improve Safety and Service at the Railroad

Union Pacific’s new CEO, who came into the job last month with a reputation for cost-cutting, says he won’t shy away from that, but no one should expect the kind of sweeping changes he made when he first oversaw the railroad’s operations a few years ago.

Parallel Systems Unveils Its Second-Generation Prototype Autonomous Battery-Electric Railcar

The company hopes the container cars will debut in a pilot program on Genesee & Wyoming short lines next year.

U.S. Funds Feasibility Study for Proposed Intermodal Terminal in Far-south Mexico

Located in southern Mexico near Guatemala, the state of Chiapas is a key trade transit zone between Mexico and Central America.

FRA Advisory: High-Impact Wheels Damage Rails, Track Structures

The Federal Railroad Administration has issued a safety advisory recommending railroads utilize wheel impact load detectors to identify and replace high-impact rail-car wheels that could cause significant damage to rail and supporting track structures.

Cold-Storage Giant Lineage Logistics Taps Advisers for IPO

Novi-based Lineage Logistics LLC, one of the largest real estate investment trusts specializing in temperature-controlled warehouses, has tapped advisers as it prepares for a potential initial public offering, according to people with knowledge of the matter.

Lithium Deposit Found in U.S. May Be Among World’s Largest, Study Finds

Automakers, threatened by possible shortages of lithium for EV batteries, are racing to lock in supplies

Drought, Record Heat Threaten U.S. Soybean Crop at Critical Growing Stage

Prolonged drought and record heat are threatening soybean yields in several key growing states across the Midwest.

Nearshoring Boom Faces Growing Pains

The escalation of nearshoring this year has brought an increased need to bolster infrastructure investments and supply chain operations, according to experts.

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