Rail & Intermodal
Temporary duties placed on Chinese 53-foot domestic dry containers will be refunded after a U.S. trade commission ruled earlier this week that Chinese manufacturers did not have an unfair advantage over their North American competitors.
Contract truckload rates are defying economic gravity, rising in April when truck tonnage and spot market rates slipped. The cause: capacity. Shippers apparently are willing to pay more to secure it for the long-term.
German locomotive drivers on Thursday called off their latest strike —the ninth in 10 months – and agreed to refer their dispute with Deutsche Bahn, the state-owned railway company, to arbitration.
A U.S. trade commission has ruled against making temporary duties permanent on Chinese manufactured 53-foot containers, dealing a blow to the North American manufacturers that accused their Far East competitors of dumping their products in the U.S. market.
Florida East Coast Railway Tuesday unveiled a new online portal that allows the regional railroad’s customers to track freight shipments and equipment across its network.
Grain is moving by rail at a steady pace from Canada’s Prairie Provinces to export terminals in British Columbia’s Vancouver, Prince Rupert, and Thunder Bay.
Alan H. Shaw has been named executive vice president and chief marketing officer by the board of directors of Norfolk Southern Corp., Wick Moorman, chairman and CEO, said today.
U.S. shippers will likely see even higher domestic intermodal rail prices if the International Trade Commission rules against the Chinese manufacturers of 53-foot containers at the end of the month.
U.S. shipment volumes and spending rose in April from March, but were down year-over-year, thanks to tough comparisons with a booming economy in 2014, Cass Information Systems said. The freight payment provider expects more growth ahead.
CSX Transportation unveiled a new intermodal terminal just outside of Montreal Monday, giving the Jackonsville, Fla.-based railway easy access to the Eastern Canadian market.