The crisis between Ukraine and Russia is unlikely to have an impact on railcar lessor GATX's North American business, however, the company's European arm is experiencing some operational impact, officials said during GATX's first-quarter results call on Wednesday. While GATX's international segment profit is unlikely to be impacted, the company...
Navistar is getting ready to equip Traton Group brands with an integrated powertrain
Following the launch of an innovative manufacturing plant in San Antonio for conventional diesel and battery-electric vocational trucks, Navistar announced Wednesday that it is ready to construct an integrated powertrain for itself and its Traton Group brothers in Huntsville, Alabama. Navistar announced the expansion of its engine factory in 2019....
Ever Forward is finally moving forward
On Sunday, April 17, the Ever Forward was refloated in Maryland's Chesapeake Bay, 35 days after it went aground immediately after leaving the Port of Baltimore. "Refloating the Ever Forward, which was hard aground outside of the navigation channel along the entire length of the ship's hull, required extensive coordination...