Domestic News
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National Steel Car was fined $240,000 after pleading guilty Wednesday to a provincial safety charge related to the 2022 workplace death of welder Quoc Le — the third fatality at the railcar plant in less than two years. |
Upon completion of the transaction, Delta will be owned by PSC, and will cease to be a subsidiary of Greif, Inc., a world leader in industrial packaging products and services. |
The Indiana Rail Road Company has named Joseph Gioe President and CEO effective Aug.12, 2024. Gioe will replace Dewayne Swindall, who left the company on May 31. |
CPKC's Grain Service Outlook Report outlines the plan for transporting grain for export to international markets. According to the report, they expect a return to more typical demand for grain transportation this crop year. |
Lineage said it plans to share $100 million from the proceeds of its successful initial public offering with employees. Many of its 16,000 U.S. workers will receive one-time stock awards or restricted stock units following its July 25 debut on Nasdaq. |
International News
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The Greenbrier Europe's Caracal manufacturing facility has reached a significant production milestone with the completion of its 1000th 95 m³ grain hopper wagon, designed specifically for transporting cereals. |
The British division of Heidelberg Materials has announced its intention to equip 32 of its cement tank cars with the iWagon solution from Knorr-Bremse. A further 32 railcars will also be acquired with the same equipment. Installation activities are scheduled to commence in mid-November. |