Rail & Intermodal
There isn’t much to Rossville, Tennessee, in the far eastern reaches of metropolitan Memphis: rolling farmland, stretches of highway and a Norfolk Southern Railway terminal.
President Obama’s decision to enforce the end-of-year deadline for U.S. railroads to install new safety technology will hurt the network fluidity intermodal shippers depend on, a Norfolk Southern Railway executive said Thursday.
Russian containerized rail companies are cutting their fleets this year and plan to do the same next year, as the country’s trade suffers from Western sanctions and the low price of oil.
Those in the U.S. surface transportation sector can buckle up for more of the same, so long as the national economy continues to creep along at its current pace.
A developer is adding more than half a million square feet of speculative industrial space at BNSF Railway’s Logistics Park Kansas City.
Some ocean carriers are exploring a rail route through Honduras to move containers from Asia to the North American East Coast, a Federal Maritime Commissioner said at a Port of New York-New Jersey Port Industry Day forum.
While containerized rail traffic between Russia and Asia Pacific states is down 20 percent year-over-year in the first seven months of 2015, a closer look at the data reveals an upward trend is taking holding.
German port operator Eurogate has acquired a 16.67 percent interest in Contrail Logistica, a Brazilian provider of intermodal transport solutions in the hinterland of Santos.
Booming business at Union Pacific Railroad’s intermodal ramp in North Laredo, Texas is spurring a $90 million expansion at the facility tapping U.S.-Mexico cross-border trade.
U.S. domestic intermodal spot rates are jumping anywhere from $500 to $1,000 on peak season demand, but it won’t last long, according to third-party logistics provider IDS.