Rail & Intermodal
Russia and China plan to spend $3 billion to build two rail corridors aimed at encouraging the movement of containerized freight from the northeastern provinces of China to Russia’s Far-East ports.
Brian Friesen spoke to JOC.com about the unique model of Canada's Port of Prince Rupert rail business, which is focused o
Mark Herbison, Greater Memphis Chamber, on the city's history as a trade hub, current rail, river, road, rail and air advantages, as well as funding needs for infrastructure expansion.
A decision on whether BNSF Railway will be allowed to build an intermodal container transfer facility considered crucial to growth at the ports of Los Angeles and Long Beach could be made next spring.
U.S. domestic intermodal spot rates have been falling thanks in large part to loose capacity on major lanes, according to third-party logistics provider IDS. The Indianapolis-based 3PL, though, is warning that trend could easily reverse course if the industry is rocked by another winter as it has been in years past.
The government of Italy has unveiled plans to partially privatize the state rail operator, Ferrovie dello Stato, in 2016.
A new dry port with a capacity of 900,000 twenty-foot-equivalent units will be built in the territory of the Nadezhdinskaya special economic zone in Russia’s Far East Primorye Territory to cope with growing volume.
Transportation stakeholders received something to celebrate this year as 44 percent of the new $500 million round of the Department of Transportation’s Transportation Investment Generating Economic Recovery program went to projects dedicated to moving freight.
The National Automobile Dealers Association raised its forecast for 2016 U.S. car and light truck sales to 17.7 million units, a record high that will drive automotive freight and logistics demand.
The Port of Mobile is expanding terminal capacity and building an adjacent $36 million intermodal container transfer facility. The projects, set for completion in 2016, will increase its terminal’s 350,000-TEU capacity to 475,000 TEUs.