Railroads and Intermodal Transportation
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CPKC reaches tentative collective agreement with the Brotherhood of Locomotive Engineers and Trainmen
Prnewswire· 2025-11-13 21:15
Core Points - Canadian Pacific Kansas City (CPKC) has reached a tentative five-year collective agreement with the Brotherhood of Locomotive Engineers and Trainmen (BLET) for approximately 300 locomotive engineers operating in the United States [2][4] - The agreement includes increased wages and more flexible work rules, contributing to the company's commitment to safely and efficiently support American business and economic growth [2][3] - CPKC has also announced a total of 13 tentative five-year collective agreements with various unions, covering around 360 employees across the United States, all pending ratification [2][4] Company Overview - CPKC is the first and only single-line transnational railway linking Canada, the United States, and Mexico, with approximately 20,000 route miles and a workforce of 20,000 railroaders [3] - The company provides extensive rail service and network reach to key markets across North America, supporting freight transportation services, logistics solutions, and supply chain expertise [3]
Greenbrier to webcast presentation at the 2025 Stephens Annual Investment Conference
Prnewswire· 2025-11-12 21:50
Core Insights - Greenbrier Companies, Inc. will present at the 2025 Stephens Annual Investment Conference on November 19, 2025, in Nashville, Tennessee [1] - The presentation will be available via a live audio webcast starting at 1:00 pm CT on the same day [2] - Greenbrier is a leading international supplier of equipment and services to global freight transportation markets, focusing on freight railcars and related services [3] Company Overview - Greenbrier is headquartered in Lake Oswego, Oregon, and operates in North America, Europe, and Brazil [3] - The company designs, builds, and markets freight railcars and provides wheel services, parts, maintenance, and retrofitting services primarily in North America [3] - Greenbrier owns a lease fleet of approximately 17,000 railcars, mainly from its manufacturing operations, and offers railcar management and regulatory compliance services [3] Financial Information - Greenbrier has declared a quarterly cash dividend of $0.32 per share, payable on December 3, 2025 [5]
Universal Logistics Holdings, Inc. Postpones Third Quarter 2025 Earnings Release
Prnewswire· 2025-10-23 21:12
Core Points - Universal Logistics Holdings, Inc. has postponed the release of its third quarter financial results for the period ended September 27, 2025, which was originally scheduled for October 23, 2025, to allow additional time for financial reporting procedures related to non-cash impairment charges on intangible assets in its intermodal segment [1] - The investor conference call that was set for October 24, 2025, at 10:00 a.m. ET has also been postponed [1] - A new date and time for the earnings release and conference call will be announced once the financial reporting process is complete [2] Company Overview - Universal Logistics Holdings, Inc. is a holding company with subsidiaries providing customized transportation and logistics solutions across the United States, Mexico, Canada, and Colombia [3] - The company offers a wide range of supply chain solutions that can be scaled to meet changing demands, including value-added, dedicated, intermodal, and trucking services [3]