Rail & Intermodal
A container terminal in Sydney, Nova Scotia in Eastern Canada is unlikely to be built because of poor rail connections and a slow recovery in container shipping, a prominent Canada shipping authority said this week.
The book is closed on a three-year cross-border trucking pilot project, but the debate over cross-border trucking with Mexico is far from finished.
Canadian Pacific said its exploratory discussions with CSX Corp. about a possible merger have ended and that no further talks are planned.
Kansas City Southern Railway said it’s investing in its network at a higher rate than most other Class I railroads, as the company expects to increasingly handle more U.S.-Mexico cross-border intermodal, vehicle, crude oil and agriculture and mineral shipments.
The Transpacific Stabilization Agreement said most of its member lines are moving forward individually with previously surcharges on intermodal store-door deliveries from Asia to North American points in an effort to offset higher costs.
The executive director of the Port of Los Angeles said efforts to fix the congestion problem in Southern California will fall short until the International Longshore and Warehouse Union and Pacific Maritime Association negotiate a new contract.
Northern Southern Railway has increased the frequency of its intermodal service to the inland port of Greer, South Carolina, partially reflecting growth at the adjacent BMW plant.
Mexican intermodal volume jumped this week, reaching a high not seen in the last two years, according to the Association of American Railroads, as Mexican shippers increasingly turn to rail to protect their cargo.
Kansas City Southern Railway rode a rebound of container traffic at Lazaro Cardenas port in the third quarter, helping the company hit record revenue in the period.
The U.S. Surface Transportation Board is pressuring Canadian Pacific Railway to better explain how it will address service issues.