Domestic News
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Supply-chain issues continue to impact U.S. ports, shippers and railroads, so a new direct rail service between the Port of Wilmington, North Carolina, and three key midwestern markets comes at an ideal time. |
Infrastructure work in 2021 included replacement of aging infrastructure, significant weather repairs. |
The year 2021 managed to be the second-best year for U.S. intermodal volumes, with year-over-year gains in the first half of 2021 offsetting volume losses in the second half of the year. |
The Chicago South Shore & South Bend Railroad announced a contract agreement with the Northern Indiana Commuter Transportation District and Northern Indiana Public Service Co. to add 17 miles of double track to enhance CSS freight and NICTD commuter operations. |
Record 105 container ships wait to berth in Los Angeles and Long Beach. |
Port Everglades recently received the Mediterranean Shipping Co.’s MSC Rachele, which is expected to help the port reach a record number of cargo containers moved across the port's docks from a single ship. |
A debt refinancing operation for Mexican national oil company Pemex that swapped the highly-indebted firm's short-term bonds for a new 10-year bond has been completed. |
International News
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When the freight train pulled into view, it looked like many others at this rail hub in suburban Paris. But one thing made the train unusual: its journey started more than 6,000 miles away, in western China. |