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Japan s SMBC Group shakes up leadership of its Americas unit

The $2 trillion-asset company has appointed a new CEO and chief operating officer of its growing business in the U.S., Mexico and other parts of the Western Hemisphere.

Rail Roundup: Ports and people - FreightWaves

Rail Roundup: Ports and people Union Pacific, Port of South Louisiana, SMBC Rail Services and TTCI share news 0 101 4 minutes read A Union Pacific train. (Photo: Jim Allen/FreightWaves) Union Pacific to open intermodal terminal in Southern California Union Pacific (NYSE: UNP) announced Tuesday that it will open an intermodal terminal in Southern California’s import distribution region near the ports of Los Angeles and Long Beach. The terminal, which will open in the second quarter of 2021, will give customers expanded access to the Chicago market and other major areas.  The terminal will start as a pop-up terminal at the West Colton rail yard. It will offer domestic intermodal service between Southern California and Chicago. The railroad also expects to expand the service to Dallas and southeast markets.

Bridgestone Americas Underscores Commitment to Sustainability with New $1 1 Billion Credit Facility

Press release content from PR Newswire. The AP news staff was not involved in its creation. Bridgestone Americas Underscores Commitment to Sustainability with New $1.1 Billion Credit Facility February 5, 2021 GMT NASHVILLE, Tenn., Feb. 4, 2021 /PRNewswire/ Bridgestone Americas, Inc., a wholly owned subsidiary of Bridgestone Corporation (“Bridgestone” or the “Company”) and a global leader in sustainable mobility solutions, announced the issue of a $1.1 billion sustainability-linked credit facility, one of the first of its kind in the U.S. tire industry. The credit instrument underscores the commitment of Bridgestone to sustainable business practices and complements its 2050 Vision to become a sustainable solutions company that provides social and customer value.

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