The Greenbrier Cos. Inc. Executive Vice President and Chief Financial Officer Lorie Tekorius has been appointed EVP and Chief Operating Officer, a newly created position with expanded responsibilities, reporting to Chairman, President and CEO William A. Furman.
Canadian Pacific moved 25.8 million metric tons (MMT) of western Canadian grain and grain products, soybeans and other non-regulated principal field crops during the 2017-2018 crop year and “stands ready to again safely and efficiently deliver during the 2018-2019 crop year.”
The Greenbrier Cos. Inc. and Watco Cos. LLC have agreed to discontinue their GBW Railcar Services (GBW) railcar repair joint venture, formed in 2014 by combining their shops into a nationwide network of railcar repair facilities. Under the agreement, the repair shops and employees at each location will return to management by their previous operators.
FreightCar America, Inc. has named Dan Wallace as Vice President and General Manager, Leasing.
Houston, Tex.-based Stewart & Stevenson Manufacturing Technologies, a Kirby Corp. company, has entered into an agreement with Eastern Lift Truck Co., Inc. of Maple Shade, N.J. naming Eastern Lift as the sole authorized dealership to market, sell and service Rail King® railcar movers within the Mid-Atlantic region.
CN President and CEO JJ Ruest, recently appointed to his post after serving in an interim capacity following the ouster of Luc Jobin in March, on Aug. 15 announced several key appointments to his senior management team.
Rescar Companies (Rescar) has appointed railcar repair industry veteran J. Andrew (Andy) Schaffer as President-Plant Division. Schaffer will oversee operations for Rescar’s six full-service plants at Channelview, Longview and Orange, Tex.; Savanna, Ill.; Dubois, Pa.; and Gordon, Ga.
One of the oldest producers of locomotives is introducing a new approach to manufacturing as it expands its global reach.
The Greenbrier Companies, Inc. has entered the growing freight rail market in Turkey with a majority stake in railcar manufacturer Rayvag Vagon Sanayi ve Ticaret A.S. (Rayvag). Greenbrier believes there are growing opportunities for private operators to access freight rail in Turkey, as the country “offers a key rail transportation connection between Asia and Europe,” and “transcontinental rail shipments through Turkey create a need for European rail standards, favoring Greenbrier’s leadership in design and manufacturing.”
The U.S. Senate and House of Representatives have each passed versions of a U.S. Department of Transportation 2019 appropriations bill that would impose a one-year ban on new procurements of transit railcars or buses from companies owned or subsidized by the Chinese government (namely, CRRC, China Railway Rolling Stock Corp.), if the procurement uses any Federal Transit Administration formula or bus funding, according to an Aug. 1 Eno Center for Transportation report written by Jeff Davis, Senior Fellow and Editor of Eno Transportation Weekly.