Union Pacific will beef up intermodal infrastructure in California, Midwest

Union Pacific is seeking to bolster its intermodal offerings through capital investments and the implementation of programs meant to encourage loaded outbound international containers, according to comments made by company executives during UP’s fourth-quarter 2021 earnings call Thursday.

UP’s (NYSE: UNP) targeted support of its intermodal franchise comes as the company announced this week that it will be the intermodal carrier for Schneider National’s (NASDAQ: SNDR) western U.S. intermodal...

https://www.freightwaves.com/news/union-pacific-will-beef-up-intermodal-infrastructure-in-california-midwest

Uncertainties and obstacles ahead for Greenbrier’s new CEO

A photograph of railcar wheels on a track.

Railcar manufacturer Greenbrier on Tuesday named its next CEO and announced its fiscal year fourth-quarter 2021 results amid a backdrop of returning market demand, contrasted with uncertainties over the COVID-19 pandemic and global supply chain disruptions.

Greenbrier names Lorie Tekorius as next CEO

Lorie Tekorius will be the next CEO for Greenbrier (NYSE: GBX), effective March 1, 2022. She will succeed current CEO Bill Furman, who will become an executive chair for the company until he retires...

https://www.freightwaves.com/news/uncertainties-and-obstacles-ahead-for-greenbriers-new-ceo