PSC Group announces significant expansion of railcar repair and cleaning operations
PSC Group, a North American provider of logistics and repair services to the chemical, refining, agricultural, and pulp and paper industries, announced a significant expansion of railcar repair operations through the acquisition of 32 Rescar operations located strategically across the United States. Founded in 1969, Rescar offers repair, inspection, cleaning, switching, and maintenance services for railcars and […]
How ESG rollbacks could impact industrial sector M&As
By: JEREMY OSTERBERGER, President and COO, BIC Alliance ESG initiatives, once front and center in the corporate world, are now being de-emphasized. Management consulting company PwC’s “2024 Annual Corporate Directors Survey” revealed interesting insights on corporate sentiment regarding ESG. When asked if ESG issues are “regularly a part” of their board agendas, only 47% of surveyed directors […]