Transport Canada announces Port of Trois-Rivières investment
The Canadian government will invest C$33.4 million in the inland Quebec port.
Railroads continue to play a significant role in North America’s economic infrastructure. According to the U.S. Department of Transportation Federal Railroad Administration, the U.S. rail freight network covers almost 140,000 route miles and is generally considered the largest, safest, and most cost-efficient freight system in the world. In addition, says the FRA, the almost $80 billion rail freight industry creates more than 167,000 jobs across the country.
In essence, rail freight companies charge businesses to carry cargo across their network of rails. Their rates are overseen by the Surface Transportation Board, a federal agency that regulates financial aspects of surface transportation. Major railroads in North America include Union Pacific Railroad, BNSF Railway, CSX, Norfolk Southern, Canadian Pacific Kansas City and Canadian National Railway.
Keep up with the latest news, trends and reports concerning rail freight transport here!
The Canadian government will invest C$33.4 million in the inland Quebec port.
Train vs. truck in collisions. Train always wins.
The federal agency says the rule would reduce unnecessary costs and incentivize innovation while also improving rail safety.
Two Class I railroads select members for their respective boards of directors.
Container chassis management model in the U.S. challenges advancement of full-circle tracking technologies.
Brad Hildebrand discussed Cargill’s reliance on dependable rail service during FreightWaves Last Mile Logistics Summit.
U.S. intermodal volumes grew in September amid a continued increase in U.S. imports.
The Eastern U.S. railroad said it expects preliminary operating revenue of $2.5 billion and operating expenses of $1.67 billion in the third quarter of 2020.
Grain members of Surface Transportation Board advisory committee say the railroads have been supplying sufficient amounts of power and crews to meet service needs.
Although the hurricane isn’t expected to make landfall until later this week, the Class I railroads are preparing now for potential service disruptions.
Railway blockades reportedly are costing the Mexican economy more than $18 million a day.
Drayage truckers on the Envase platform have access to an online marketplace that connects them to available parking and storage lots nationwide.
National freight “outlook” is significant for states, municipalities and companies that may want federal money for rail or other transport projects.
CN and Canadian Pacific say they’ll use communication and technology to grapple with winter’s operational challenges.
The independent federal rail agency is looking at the market factors determining exemption from board oversight. The board also separately declared five Class I railroads as being revenue adequate in 2019.
The inability of ocean carriers to timely inform shippers of schedule changes results in costly logistics disruptions and potential for lost international sales.
Warehouse/storage jobs up a whopping 32,200.
The rail sites are for manufacturers wanting to expand their footprint domestically or tap into the export network.
U.S. intermodal traffic continues its upward trend but carloads are still lower year-over-year.
Alaska and South Dakota received $6.9 million in grants from the Federal Railroad Administration for rail-related projects.