2019 will be remembered as the year of Precision Scheduled Railroading (PSR) and for the great traffic drought in North American railroading. PSR has indeed helped deliver the eye-popping levels of operating ratios (OR) that rail executives could once only dream about, and many of the Class I’s set record ORs throughout the year.
Stakeholders participating in today’s global supply chain must grapple with three big themes: the growing impact of e-commerce, evolving global trade stances, and the rise of automation and other advanced technological tools in the processing of cross-border trade.
The International Maritime Organization's (IMO) tighter sulphur restrictions on marine fuels this year will have a smaller-than-expected upward lift in wholesale diesel margins, according to the US Energy Information Administration (EIA).
Wyoming and Montana, two coal-producing western states, on Tuesday asked the U.S. Supreme Court to invalidate Washington state’s decision to block on environmental grounds a coal export terminal intended as an outlet to Asian markets.
China Railway has awarded Bombardier Sifang (Qingdao) Transportation (BST), a 50:50 joint venture between Bombardier and CRRC Sifang Rolling Stock, a Yuan 2.45bn ($US 354.9m) contract to maintain 656 high-speed coaches.