Source: Association of American Railroads (AAR) Economic Impact Report 2025 Rail’s Economic Footprint: A $233.4 Billion Powerhouse Rail transportation is a cornerstone of the U.S. economy, generating $233.4 billion in total economic output and supporting over 749,000 jobs nationwide (AAR, 2025). This sector is not only a facilitator of commerce but also a key player […]
As the USDA releases its latest crop report, the agricultural industry braces for potential fallout from escalating trade tensions. One of the pressing issues on the horizon is Canada’s threat of tariff retaliation, which could significantly impact US agricultural exports. Canada’s Response to US Tariffs In response to the US considering new tariffs on Canadian […]
In a landmark move for the agribusiness sector, Canada has given the green light to the $34 billion merger between U.S. grain merchant Bunge and Glencore-backed Viterra. This deal, one of the largest in the industry, positions the merged entity as a global powerhouse in crop trading and processing, rivaling major players like Archer-Daniels-Midland and […]
Canadian National Railway’s (CN) acquisition of Iowa Northern Railway (IANR) has officially been approved by the U.S. Surface Transportation Board (STB), marking a major milestone in the rail industry. This acquisition, announced on January 14, 2025, combines IANR’s 175 route miles with CN’s vast 20,000-mile rail network, creating a more streamlined and efficient transportation solution […]
The agricultural commodity markets, particularly grain and corn, have been witnessing massive fund outflows recently. As the markets react to a variety of factors, one of the biggest drivers has been rising uncertainty surrounding U.S. trade policies, including potential tariffs on China and Canada. This political and economic uncertainty is weighing heavily on investor confidence […]
In a dramatic development, U.S. Steel and Nippon Steel have filed a lawsuit against the Biden administration over the President’s decision to block a $14.9 billion deal that would have seen the Japanese steel giant acquire U.S. Steel. The legal action comes after Biden’s controversial decision to block the deal, citing national security concerns and […]
Control Chief Corporation is proud to announce our 2025 trade show schedule. We’ll be showcasing our innovative remote control solutions and connecting with industry professionals at these premier events. GEAPS Exchange 2025 Location: Kansas City Convention Center, Kansas City, MODates: February 22-25, 2025Booth: #1118 The Grain Elevator and Processing Society (GEAPS) Exchange is a must-attend […]
Views: 1
Railway Interchange 2023 Railway Interchange 2023 will be held in Indianapolis, IN from October 1-4 at the Indianapolis Convention Center. Control Chief will be on hand at booth 1307 to showcase our Locomotive Remote Control products. Floor Plan Make sure to stop by booth 1307! You can see the complete floor plan here: Schedule at […]
The California Air Resources Board has implemented new regulations mandating the replacement of diesel-powered trains. Freight locomotives built after 2035 must operate without any emissions, and idle time will be restricted to 30 minutes with few exceptions. Furthermore, rail companies are now obligated to register with the state board and report their activity, emissions, and […]