Domestic News
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The collapse of a major bridge along a crucial trade corridor outside Baltimore idled shipping at one of the East Coast’s busiest ports, tied up coal shipments and pushed retailers, truckers and industrial firms to reroute shipping volumes to contain the economic fallout of the catastrophic event. |
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The U.S. automotive supply chain will be disrupted by the collapse of the Francis Scott Key Bridge in Baltimore, dealing another blow to America’s automotive ecosystem still recovering from pandemic-related setbacks. |
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An activist investor group says its proposed Norfolk Southern management team would improve the railroad’s operations, service and profitability by jettisoning CEO Alan Shaw’s resilience strategy and adopting the low-cost Precision Scheduled Railroading operating model. |
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The American Short Line and Regional Railroad Association (ASLRRA) has given Watco the 2024 Veterans Engagement Award for its efforts to hire and retain employees who are veterans of any U.S. branch of military service, including spouses and family members. |
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FreightWaves’ State of Freight webinar for March offered a bit of optimism that the freight market could improve at some point later this year. |
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Many intermodal shippers receive rail tracing data from a trucking or ocean carrier, but often, it’s not granular enough to effectively understand ETAs, pickup times and challenges that might arise enroute. |
International News
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A Chinese state-owned train maker has pulled out of the bidding for a Bulgarian contract worth about $665 million, six weeks after European officials launched an investigation into whether foreign subsidies helped the company to undercut rivals. |
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German national rail operator Deutsche Bahn and union GDL on Tuesday struck a wage deal giving train drivers the option to reduce their weekly working hours, ending months of dispute with a pact they say could be a model for other unions. |
