Greenbrier Daily Industry News

North American News

Tariffs Set to Dampen Global Auto Growth

The recently announced U.S. tariffs on vehicles and key components from all markets are expected to significantly disrupt global production.

Transportation Rates Likely to Surge During Tariff Pause

U.S. and Chinese officials have reached an agreement to roll back most recent tariffs and implement a 90-day truce in their trade war to facilitate further negotiations.

U.S.-China Trade War Truce May Uncork Another Container Surge

Under the 90-day deal, the U.S. will lower its tariff on Chinese goods to 30%, down from 145%, while China will reduce its levy on U.S. imports to 10% from 125%.

For Port of Johnstown, a New Terminal Facility

V6 Agronomy will establish an eastern Ontario, Canada, import hub at the CN-served Port of Johnstown on St. Lawrence Seaway.

ExxonMobil's $8B Texas Gulf Coast Plant Moving Forward

ExxonMobil is hoping to start construction of the plant as early as 2026 with facilities starting operation around 2031.

Shell To Make PE Using Recycled Plastic Feedstock at Pennsylvania Site

Shell Polymers will use pyrolysis oil derived from recycled plastics to make polyethylene resin at its complex in Monaca, Pa.

U.S. Shale M&A Faces Headwinds on Oil Price Rout

Dealmaking in the U.S. shale patch, which had been on a roller-coaster ride in the past few years, is at risk of grinding to a halt as a result of an oil price slump.

World News

The Challenge of Moving Cars by Rail

Rail already plays a critical role in ensuring new cars can be moved out of automotive factories effectively.

Wascosa: New CEO

The new CEO is Markus Vaerst, who replaced Iris Hilb. She was appointed from 1 January 2023 and stepped down last month for personal reasons.

Russian Rail Freight Drops to Historic Low

The decline in freight traffic on the Russian railway network that has become apparent over the last year is becoming more pronounced.
 
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