Rail & Intermodal

BNSF domestic container train
BNSF Railway plans to invest $103 million in its Kansas rail operations and an intermodal logistics center southwest of Kansas City.

China’s train to Spain arrived in the city of Yiwu this week after completing the world’s longest rail route, and while the journey has been billed as a “success” by its operator, there is little information on the actual economics of the rail option to Europe.

Genesse & Wyoming has agreed to acquire 95 percent of the shares of Freightliner, the UK’s second largest rail freight company, in a £490 million ($760 million) deal that significantly expands the US rail operator’s European footprint.

North American intermodal volumes plummeted as U.S. West Coast port congestion came to a head last week before union and waterfront officials at last brokered a deal Friday evening.

Shippers can expect domestic intermodal rates to spike within the next month as U.S. West Coast ports regain productivity and shippers rush to move containers long-delayed by labor contract negotiations, an intermodal pricing index provider said Tuesday.

Truckload rates rose 7.9 percent from a year ago in January, gaining on December, while intermodal pricing dropped for the first time since 2013, Cass Information Systems said.

Canadian National Railway late Monday night withdrew its threat to lockout 4,800 union members after the railroad reached a tentative labor agreement with Unifor.

Union Pacific in Alameda Corridor
With U.S. West Coast ports on the road to restoring productivity, the two Western railroads are taking steps to handle an expected increase in international intermodal traffic.

Canadian National Railway
Canadian National Railway said it will lock out 4,800 union workers, some of whom are tied to its intermodal services, on Monday night if Unifor doesn’t agree to accept binding arbitration this weekend.

Kansas City Southern Railway’s executive vice president and chief marketing officer, who has helped lead the railroad’s successful push into the U.S.-Mexico cross-border market, has been promoted to president.