When competition spurs investment, shippers stand to benefit regardless of their port preference. A variety of factors — harbor depths, ocean services, on- and near-dock intermodal facilities, rail lift capacity, and inland reach — will determine where shippers will funnel Asia imports heading to Chicago and the Ohio Valley sweet spot farther east.
Norfolk Southern opens transfer terminal in Chesapeake to serve shippers of dry and liquid bulk commodities
17 Dec 2015
Canadian Pacific Railway’s attempt to takeover Norfolk Southern Railway has already raised alarm with a group of Illinois lawmakers and prompted a pointed response from the Canadian railroad.
16 Dec 2015
A proxy war has been all but declared, analysts say, after Canadian Pacific Railway announced Wednesday it had upped its hostile bid for Norfolk Southern Railway by some $3.4 billion.
04 Dec 2015
Norfolk Southern Railway has rejected an unsolicited takeover bid from Canadian Pacific Railway after the NS board said the $28 billion takeover bid undervalued the company’s stock and the potential regulatory hurdles would threaten business operations.
22 Nov 2015
Port of Virginia's Russell Held on its short-haul inland network, rail connections and the Panama Canal expansion.
19 Nov 2015
Canadian Pacific Railway CEO Hunter Harrison said he’s willing to reevaluate and raise his company’s $28 billion takeover bid for Norfolk Southern Railway — if only executives at the Virginia-based railroad would open a line of communication.
18 Sep 2015
In a move that will be temporarily disruptive but is aimed at addressing the port's truck bottleneck, the Port of Virginia will close a chassis yard next week
16 Sep 2015
astman Chemical is avoiding hundreds of 300-mile round truck trips a month to the Port of Charleston by loading them at the inland port in Greer, South Carolina.
14 Sep 2015
Container volume gains at the Port of Virginia slowed significantly in August from their torrid pace earlier this year, when the Southeastern U.S. port was flush with cargo diverted from the West Coast.
25 Aug 2015
The Port of Virginia has deployed three hybrid shuttle carriers — the first of their kind in the U.S. — at its Virginia International Gateway terminal.
17 Aug 2015
Port of Virginia shippers have longer to drop off and pick up cargo after the state port authority announced extended gate hours in preparation for peak season this year. It’s a preemptive strike for the U.S. Southeast port that faced “significant challenges” during the summer-fall season in 2014.