Rail & Intermodal
Union Pacific Railroad has embargoed international intermodal cargo originating from the U.S. West Coast at its Denver terminal due to a “severe” shortage of chassis there.
Shippers tapping containerized rail services between the Port of Antwerp and Duisburg are poised to see greater reliability and experience less congestion at the North European seaport after the former joined forces with duisport, Europe’s largest inland port.
India’s transportation infrastructure upgrade program got another push with the World Bank approving the release of $650 million, the third tranche of a long–term program to help build up New Delhi’s much-delayed, eastern, dedicated freight corridor project.
Intermodal industry veteran Steven L. Rubin has been appointed chief executive officer of ITS Technologies & Logistics. ITS provides outsourced operating services for intermodal railroad facilities, container yard services for global shipping and container leasing companies and automotive loading and unloading services.
State-owned rail operator Container Corporation of India has slashed its charges for the movement of empty containers between Chennai Port and Bangalore, providing some respite for shippers struggling with port delays and ocean carrier surcharges.
The value of the goods shipped between the U.S. and Canada dropped 12.5 percent in April, thanks to low oil prices, a strong U.S. dollar and a shrinking Canadian economy.
Kazakhstan’s national rail operator and DHL Global Forwarding have signed a memorandum of understanding that will provide the logistics operator with additional block trains on the fast-developing land bridge between China and Europe.
European ports’ hinterland connections will get a boost via the European Union’s largest-ever infrastructure investment totaling 13.1 billion euro ($14.5 billion).
Spurred by growing container volumes, terminal operator Hutchison Port Holdings’ Barcelona subsidiary has expanded the port’s hinterland connectivity.
The same congestion that snarled U.S. Pacific Coast ports earlier this year is headed for ports on the East Coast, a BNSF Railway executive warned earlier this week.