Domestic News
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KCS decided to merge with CP last month, announcing on 12 September that it was canceling its $33.6bn agreement to combine with Canadian National. |
US steelmaker Cleveland-Cliffs agreed to buy scrap metal recycler Ferrous Processing and Trading (FPT) for $775mn to secure prime scrap supply. |
ExxonMobil is aiming to build a 30,000 tonne/year recycling plant for plastic waste in Baytown, Texas, the US energy and chemicals major said on Monday. |
Tiger Cool Express is pursuing the purchase of a shuttered Union Pacific refrigerated warehouse to help develop a new cold chain intermodal hub in the Pacific Northwest. |
Biden to announce commitment from one of the nation’s busiest ports to operate 24/7 to ship goods to stores ahead of holiday season. |
AAR President and CEO Ian Jefferies on Oct. 3 sent a lengthy letter to Oberman after the latter addressed the 2021 NARS (North American Rail Shippers) conference. |
International News
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The climate pledge launched by UIC Africa also targets an increase in market share to 25%. |
Logistic companies of Russia and Kazakhstan have teamed up to increase the volume of export cargo transportation to the third countries. |