Greenbrier Daily Industry News

Domestic News

Bridge Collapse Sends Exporters, Retailers Moving to Contain Business Fallout

The collapse of a major bridge along a crucial trade corridor outside Baltimore idled shipping at one of the East Coast’s busiest ports, tied up coal shipments and pushed retailers, truckers and industrial firms to reroute shipping volumes to contain the economic fallout of the catastrophic event.

Ford, GM Divert Shipments as Bridge Collapse Upends Supplies

The U.S. automotive supply chain will be disrupted by the collapse of the Francis Scott Key Bridge in Baltimore, dealing another blow to America’s automotive ecosystem still recovering from pandemic-related setbacks.

Activist Investor Group Would Put Norfolk Southern Back on PSR Path, Reduce Operating Ratio to 57%

An activist investor group says its proposed Norfolk Southern management team would improve the railroad’s operations, service and profitability by jettisoning CEO Alan Shaw’s resilience strategy and adopting the low-cost Precision Scheduled Railroading operating model.

ASLRRA to Honor 3 Short Lines for Biz Development, Watco for Veterans Program

The American Short Line and Regional Railroad Association (ASLRRA) has given Watco the 2024 Veterans Engagement Award for its efforts to hire and retain employees who are veterans of any U.S. branch of military service, including spouses and family members.

State of Freight: Reasons to Be Bullish on Second Half of 2024

FreightWaves’ State of Freight webinar for March offered a bit of optimism that the freight market could improve at some point later this year.

Intermodal Visibility on Rail: How it Works and KPIs

Many intermodal shippers receive rail tracing data from a trucking or ocean carrier, but often, it’s not granular enough to effectively understand ETAs, pickup times and challenges that might arise enroute.

International News

Chinese Train Maker CRRC Drops Bid for $665M Bulgarian Contract

A Chinese state-owned train maker has pulled out of the bidding for a Bulgarian contract worth about $665 million, six weeks after European officials launched an investigation into whether foreign subsidies helped the company to undercut rivals.

Deutsche Bahn, Union Agree Flexible Work Hours in 'Historic' Deal

German national rail operator Deutsche Bahn and union GDL on Tuesday struck a wage deal giving train drivers the option to reduce their weekly working hours, ending months of dispute with a pact they say could be a model for other unions.
GBX Economic & Industry Update – February 2024. “Economic & Industry Update”, a short video produced by GBX’s marketing team, featuring Mallory Moran and Jay Carter. Watch the video:
Norfolk Southern THOROUGHBRED SUSTAINABILITY PARTNER AWARDS WINNER. Ultra-High-Strength Steel Gondola™ Learn more:

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