Domestic News
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The ongoing theme of improving rail service as a means to capture market share away from trucking again appeared in comments from Class I railroad executives speaking at recent investor conferences. |
Outgoing Surface Transportation Board chair focuses on UP furloughs; at RailTrends, UP President pushes back. |
Roughly three-quarters of U.S. railcars are not owned by the railroads. Some are owned by shippers themselves, but a large portion are owned by companies that lease railcars to shippers. |
The state’s first-ever soybean crushing plant and refinery is open in Spiritwood. |
North Dakota’s renewable diesel industry took a giant leap forward as Lt. Gov. Tammy Miller and business leaders held a ribbon-cutting Nov. 14 opening the state’s first fully dedicated soybean-crushing plant that will make biofuel oil. |
The Biden administration could push the release of a highly anticipated rule guiding the use of clean hydrogen tax credits into next year as Treasury officials struggle to resolve disputes between environmentalists and the industry over how “green” to make the incentive. |
Union members at the two automakers joined those at GM in ratifying contracts that include 25 percent wage increases. |