U.S. Steel, Norfolk Southern, Greenbrier Collaborate on Sustainable Railcars
09 December 2021 - 10:51PM
Dow Jones News
By Colin Kellaher
A trio of U.S. industrial and transportation companies on
Thursday have joined forces to create a new, more sustainable steel
gondola railcar to help address an aging freight railroad industry
fleet.
Steelmaker U.S. Steel Corp., freight railroad Norfolk Southern
Corp. and railcar maker Greenbrier Cos. said the new design reduces
the weight of the railcar, which lessens carbon emissions, while
extending the useful life of the gondolas, which are used to
transport loose bulk material.
The companies said Greenbrier, based in Lake Oswego, Ore., will
make the new gondolas using high-strength, lighter-weight steel
developed by Pittsburgh-based U.S. Steel, reducing the unloaded
weight of the railcars by up to 15,000 pounds.
Atlanta-based Norfolk Southern will initially buy 800 of the new
gondolas.
The companies said the new steel is twice as strong as
traditional steel used in the railcar manufacturing process,
potentially extending the useful life of each gondola to 50 years,
while a stronger external finish strengthens the railcar body,
lowering maintenance costs.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
December 09, 2021 06:36 ET (11:36 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
US Steel (NYSE:X)
Historical Stock Chart
From Feb 2024 to Mar 2024
US Steel (NYSE:X)
Historical Stock Chart
From Mar 2023 to Mar 2024