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Multiple new refrigerated (reefer) rail companies have entered the market in recent years, and existing service providers are investing more capital into developing and expanding their fleets and geographic reach.
Chicago-based project44 launched a new rail visibility API intended to increase end-to-end information symmetry by eliminating the shipment visibility gaps across the American and Canadian rail networks.
The combined enterprise will be formed between Greenbrier's European operations headquartered in Swidnica, Poland, and Astra Rail, based in Germany and Arad, Romania.
Kansas City Southern, Kansas City, Mo., and its U.S. subsidiary, The Kansas City Southern Railway Company (KCSR), will invest approximately $19 million in 2015 on construction and improvement projects on KCSR’s Beaumont Subdivision line.
Genesee & Wyoming Inc. (G&W), Darien, Conn., acquired approximately 95% of the shares of London-based Freightliner Group Ltd. from Arcapita and other shareholders for cash consideration of approximately $755 million.
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