The Surface Transportation Board announced on Wednesday of last week it has approved the merger of Canadian Pacific and Kansas City Southern, but with several conditions.
PFL Railcar Report 3-13-2023
During Norfolk Southern’s cleanup of the derailment in Springfield, Ohio on March 5, the company determined that a specific model and series of railcars had loose wheels, which could cause a derailment.
PFL Railcar Report 3-6-2023
In January 2023, total consumer spending in the US rose by a preliminary 1.8%, the largest month-to-month increase since March 2021.
PFL Railcar Report 2-27-2023
Former Small town Indiana mayor, now the country’s transportation secretary, plans to ask Congress to increase fines for railroads and speed up tank car regulations.
Petroleum Daily Report 2-23-2023
Oil prices settled higher Thursday on expectations of steep cuts to Russian production next month.
Petroleum Daily Report 2-22-2023
A stronger US$ weighed on the market today as the Feds are expected to tighten monetary policy to bring inflation under control
Petroleum Daily Report 2-21-2023
It seems the focus in the wider financial market is firmly on the release on Wednesday of the minutes of the U.S. Federal Reserve’s latest meeting,
PFL Railcar Report 2-21-2023
If you ask us, the N.S. missed it in a big way on the East Palestine derailment.
PFL Railcar Report 2-13-2023
$200 Billion in combined profits last year and Uncle Sam is noticing as the Biden administration is calling on Congress not just for a windfall tax, but a 4% tax on stock buybacks
PFL Railcar Report 2-6-2023
Freeport LNG, the second-biggest U.S. liquefied natural gas (LNG) exporter, has restarted one of three liquefaction trains at its long-idled Texas export plant last week