Rail & Intermodal
BNSF Railway is spending billions of dollars to double-track key segments of its northern tier route, purchase equipment and hire additional crew, but a company executive told grain shippers this week it could take two to three years for the investments to produce all of the results they are looking for.
Canadian National Railway faces a fine from the Canadian government after failing to obey Ottawa’s order to move a minimum amount of grain weekly.
International intermodal volume growth in North America dropped markedly in August, providing another sign that the lack of a U.S. West Coast longshore contract hangs less on retailers’ necks because the majority of their holiday goods have arrived in the U.S.
Delays this year in moving agricultural products by rail and barge from the Upper Midwest to ports in the Pacific Northwest and Gulf Coast could undermine the position of the U.S. as the world’s premier supplier of soybeans, a transportation specialist told the annual meeting of the Midwest Shippers Association Wednesday.
A Senate committee on Wednesday approved legislation that would push the U.S. rail regulatory agency to more quickly address major issues between railroads and some carload shippers, but its prospects for passage are unclear
U.S. Agriculture Secretary Thomas Vilsack urged Warren Buffett last week to ensure that his BNSF Railway will be prepared to deliver a potential record U.S. corn and soybean harvest this year, the latest sign of political pressure on the rail industry to improve poor service.
China-Europe rail services continue to grow in popularity with DHL the latest forwarder to offer a new weekly scheduled block train from Suzhou to Poland.
Container ship owner-charterer Seaspan Corp. is considering an acquisition of Greater China Intermodal Investments, the Carlyle Group investment vehicle with which Seaspan partnered in 2011 to purchase new ships.
Rail service problems are starting to hurt truckers with intermodal operations, especially those such that move refrigerated goods, a transportation analyst says.
Norfolk Southern Railway told shippers not to expect service improvements until late November, as peak volumes and annual maintenance work blunt efforts to restore network velocity.