Domestic News
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In March, Norfolk Southern changed the process for handling international containers in Austell, Georgia, from a wheeled system to a stacked container operation. |
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North American intermodal rail volume has been posting some good growth numbers so far in 2024. But the 9.4% year-over-year increase in total North American intermodal volumes through May pales in comparison with Mexico’s 35.6% growth. |
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Multiple U.S. Gulf coast polymer plants are assessing damage to see if they can safely restart following shutdowns prior to Hurricane Beryl, which made landfall yesterday near Matagorda Bay, Texas. |
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Railroad volume growth has been limited in the last two years, but it has started to pick up, primarily in the form of international intermodal, in 2024. |
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Instead of cutting back on lithium output to balance easing demand growth, miners have sought to ride out the downturn by slashing costs and putting off new projects. |
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Canada has approved a $9 billion deal for Glencore to acquire coal assets from Teck, after securing commitments for additional investment in the country. |
