Greenbrier Daily Industry News

Domestic News

Survey Says: Caveats Abound, but Rail Finance and Leasing Execs Expect a Slightly Better Year

Business for those who toil in the North American rail equipment market should be slightly better this year than it was last year.

Red Sea Turmoil Drives Chinese Exporters to Rail, Other Alternatives

A recent round of U.S. and British strikes on Houthi targets in Yemen raise fresh questions about the impact of container shipping in the Red Sea, as shippers continue to seek alternative means of navigating the crisis.

Norfolk Southern Completes $1B in Infrastructure Improvements in 2023

Norfolk Southern Corporation’s Engineering team completed $1 billion in infrastructure improvement projects in 2023.

Norfolk Southern Canceling, Rerouting Traffic on Some Intermodal Lanes

Norfolk Southern Railway will eliminate domestic and international intermodal service to Birmingham, Alabama; and New Orleans on Feb. 19 amid low volumes moving through those cities.

Diesel Prices Climb After Two Midwest Refineries Go Offline

Diesel prices in the Midwest climbed for a second day after two refineries in the region shut down unexpectedly, stoking fears of a supply crunch.

Oil Profits Keep Flowing for Exxon and Chevron

Exxon Mobil and Chevron banked their second-highest annual profits in a decade last year, riding strong oil demand to solidify their standing among America’s most prosperous companies despite mounting risks.

BNSF Marks Record Performance at Hobart Intermodal Facility

BNSF Railway Co.’s Los Angeles Hobart Intermodal Facility set an on-time departure record of 94% in 2023, surpassing the 2012 high of 86%.
 
Norfolk Southern THOROUGHBRED SUSTAINABILITY PARTNER AWARDS. Ultra-High-Strength Steel Gondolaâ„¢ Learn more: https://norfolksouthern.mediaroom.com/2023-12-14-Norfolk-Southern-announces-2023-Thoroughbred-Sustainability-Partner-Awards
 

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