Greenbrier Daily Industry News

Domestic News

CN’s Robinson: ‘Our Team of Railroaders Delivered to Plan’

CN’s President and CEO Tracy Robinson announced first-quarter 2024 financial and operating results on April 23.

CPKC Reports First-Quarter Results; Celebrating One Year As a Combined Company

Canadian Pacific Kansas City today announced its first-quarter results.

Wabtec Raises 2024 Profit Forecast on Strong Demand in Freight Unit

Heavy industrial parts maker Wabtec raised its full-year profit forecast on Wednesday, owing to strong demand in the company’s freight segment, sending its shares up 7% in premarket trading.

Boxes Piling Into Mexican Ports–But Then Piling Up

Mexico’s box ports continue to boost throughput, fuelled by nearshoring and roaring trade with the U.S.

New-Home Sales Post Biggest Jump Since December 2022

The numbers: Sales of newly built homes in the U.S. rose in March, posting the biggest increase since December 2022.

U.S. Industrial Output Rises Modestly for Second Straight Month in March

Industrial production rose 0.4% for the second straight month in March, the Federal Reserve reported Tuesday.

International News

DB Cargo Converts Steel Wagons for Timber Transport

The converted wagons now support efficient round trips, transporting various timber products between production and processing sites.

The $1.7B Railway That Could Challenge China’s Influence in Africa

A U.S.-backed railway connecting Angola to the Democratic Republic of Congo is part of a pushback against China’s Belt and Road initiative in Africa. 
 
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