Last week the Institute of Supply Management (ISM) released their latest Purchasing Manager's Index (PMI) value for September, which was the lowest value reported in over ten years.
A Government Accountability Office (GAO) study on train lengths showed that while the average train length has increased by 25 percent, there is little to no data being collected to measure the impact of longer trains on communities, U.S.
After attending the North East Association of Rail Shippers (NEARS) Fall Conference in Burlington, Vt., Cowen and Company Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl "came away with the view that while economic growth is sluggish, most do not expect a full-blown recession.
As two large companies in the freight industry announced they were eliminating or scaling back trucking services in Mexico last week, industry insiders say cross-border trade will continue to expand. The key for shippers and carriers will be figuring out how they are going to tackle the market in the near future, said Jesus Alvarez, the head of carrier sales for Laredo-based Fr8Hub.
The West misunderstands the significance of the Belt and Road Initiative. That is the view of award-winning professor Richard Griffiths of Leiden University in the Netherlands, also fellow of the International Institute for Asian Studies.
Although the rail system in the UK is mainly designed to serve passenger train operating companies, infrastructure operator Network Rail has restated its commitment to the freight sector, just as environmental issues and climate change begin to be taken seriously.
