Vertex News

On Thursday, TTCI/AAR recommended Vertex Railcar Corporation’s Wilmington, NC Facility for approval. This represents a momentous step in the process of ramping up manufacturing operations at the facility. The auditor praised the company’s philosophy of “be good, do good” and said that it was apparent in the attitude of each respective employee. The recommendation for certification[...]

The U.S. House of Representatives approved a bill to lift the federal ban on the export of crude oil. The vote was 261-159 to end the 40-year-old crude oil prohibition. Proponents argues that this is a necessary step to bolster the American oil industry by giving access to the world market. “This bill is a market-based bill: willing-buyer, willing-seller,” Rep. Joe Barton (R-Texas) said during floor[...]