Rail & Intermodal
One developer is betting big on BNSF Railway’s Kansas City logistics park. NorthPoint Development this week announced the construction of a 822,104-square-foot speculative building at the park.
Mark Michaels has been named senior vice president and chief commercial officer at chassis lessor TRAC Intermod
BNSF Railway’s net first-quarter earnings jumped 44 percent to $1 billion despite West Coast port congestion that pulled down its intermodal volume roughly 5.5 percent in the period.
German locomotive drivers began near week-long strike Monday afternoon that threatens to clog container yards at the country’s leading ports and cause massive disruption to industrial supply chains across Europe’s largest economy.
Europe's largest inland port to grow as ultra-large container ships arrive at north European ports.
Strong growth across multiple segments, especially intermodal, helped India’s Gateway Distriparks Ltd. deliver impressive results in fiscal year 2014-15, which ended March 31.
Norfolk Southern Corp.’s earnings fell 16 percent in the first quarter on weak intermodal volumes and a struggling coal market, the company reported Wednesday.
In October 2015, the JOC Inland Distribution Conference will take place in Memphis. Ernest Strickland, Memphis Chamber’s Vice President of International and Business Partnerships, discusses the city’s access and connectivity — unbeatable road, river rail and runway — and why the area is drawing the commercial/office sector as well as logistics and warehouse distribution operations.
2014 brought weather and capacity challenges to intermodal service. Todd Biscan, Director of International Sales, Intermodal, details CSX Transportation’s efforts to increase capacity to combat that, including an increase of capital spending increase to $2.5 billion for 2015, as well as the “CSX Transportation Network Advantage.”
General Mills will be the first tenant at a tri-modal logistics facility near Manchester, England, set to open next year. The inland port will offer rail, truck and short-sea shipping links.