Domestic News
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The Greenbrier Companies, Inc. reported financial results for its third fiscal quarter ended May 31, 2021, that were “the best quarterly performance to date” for the company’s current fiscal year. |
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US intermodal rail traffic up 22% in Q2 even as congestion slows inventory restocking. |
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Port officials in Savannah, Georgia; Jacksonville, Florida; and Wilmington, North Carolina, along with the Ocean Carrier Equipment Management Association, have signed an agreement to upgrade and expand the South Atlantic Chassis Pool. |
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Thousands of railcars loaded with grain are idled in the Vancouver corridor after Western Canadian wildfires damaged two main lines, while repairs enable a small but rising number to reach the country’s biggest port. |
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As cargo owners and their customers continue to push for improvements in their environmental profiles and cuts in carbon emissions, two major global logistics groups have highlighted recent gains from projects to switch the freight movements of customers from road to rail. |
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President Joe Biden today signed an executive order (EO) on economic competition in which he calls on the Surface Transportation Board to require freight railroads to provide rights of way to passenger rail and to strengthen their obligations to treat other freight companies fairly. |
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CSX and Norfolk Southern Railway have given Amtrak limited access to their property along the Gulf Coast, according to a recent Amtrak filing with the Surface Transportation Board. |
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Approximately 86 employees working for Norfolk Southern at the locomotive shop in Juniata were laid off on Friday morning. |
International News
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Saudi Arabia’s new transport and logistics strategy aims to enhance diversification and integration among transport lines through airports, railways, roads and ports, Bashar AlMalik, Chief Executive Officer (CEO) of Saudi Railway Co., said. |
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Liege is an important hub for the Benelux region and its connection to the New Silk Road. |
