PHINIA Announces $400M Senior Notes Offering Due 2032
PHINIA Inc. (NYSE: PHIN) has announced its plan to offer $400 million in unsecured senior notes due 2032 in a private offering exempt from the Securities Act of 1933. The…
Category Railroad
Read MorePHINIA Announces $400M Senior Notes Offering Due 2032
ADDING and REPLACING BNSF reaches tentative collective agreements with two additional labor unions
Add after second paragraph of release: With this most recent announcement, 17 percent of BNSF’s union-represented workforce is covered by a pending tentative agreement.The updated release reads: BNSF REACHES TENTATIVE…
BNSF Reaches Tentative Collective Agreements With Four Labor Unions
BNSF Railway, one of North America’s leading transportation companies, in partnership with Norfolk Southern Corporation (NYSE; NSC) today announced it has reached tentative, five-year collective bargaining agreements with the Brotherhood…
Chemtrade Announces Potential Impact From Work Stoppage at Canadian Railways
Chemtrade Logistics Income Fund (TSX: CHE.UN) warned a work stoppage at Canadian Pacific Kansas City Ltd (CPKC) and Canadian National Railway (CNR), including the preparations for such work stoppage, could…
Taiwan’s Scenic Alishan Forest Railway Resumes Service After 15-Year Hiatus
The Alishan Forest Railway fully resumed operations after a 15-year hiatus and introduced two new tourist charter trains, the Formosensis and Vivid Express, each offering unique tour packages designed to…
Wabtec Secures a $277-Million Locomotive Order from SimFer (Rio Tinto JV) to Support the Simandou Iron Ore Project
Wabtec Corporation (NYSE: WAB) today announced an order for Evolution Series ES43ACmi locomotives from SimFer, a joint venture among the Government of the Republic of Guinea, Rio Tinto, and Chalco…
Transport Management Systems Market Report 2024
Transport Management Systems Market Report 2024 – TMS Market Value in Europe and North America Set to Reach € 5 billion by 2028Transport management systems are used by businesses to…
Mitsubishi Electric Launches Railway Data Analysis Service Utilizing Serendie Digital Platform
Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has launched a railway data analysis service utilizing SerendieTM, its digital platform for the optimal use of energy and the optimal deployment…
BNSF Railway recognizes customers for excellence in product safety
BNSF Railway Company (BNSF) recently honored 109 customers with the railroad’s annual Product Stewardship Award for the safe transportation of hazardous materials by rail. Companies receiving the award transported an…
Conduent Transportation Launches EMV Contactless Open Payment System on Venice Public Transportation Network
Conduent Transportation, a global provider of smart mobility technology solutions and business unit of Conduent Incorporated (Nasdaq: CNDT), today announced the launch of a contactless open payment system on the Venice transportation…
Palliser Capital Notes the Voting Result at Keisei Electric Railway AGM
Palliser Capital (“Palliser”), the sixth largest shareholder of Keisei Electric Railway Co., Ltd. (9009 JT) (“Keisei” or the “Company”) with a stake of 1.98%, acknowledges the vote on its proposal…
RXO Wins Top Digital Freight Brokerage Software of the Year Award
RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, won the Top Digital Freight Brokerage Software of the Year award from SupplyTech Breakthrough, a leading independent market intelligence organization. The…