Global Trade features all the latest industry news and in-depth trade articles about rail companies and rail shipping. Get the latest and stay informed.
There is a nostalgic romanticism attached to railroads, given their status as the first continental mass transit system for passengers and freight. But in the 21st century, rail transport is still a popular option for international trade. Standard gauge and broad gauge rail systems interconnect major cities throughout the U.S., Europe, South America, Asia and parts of Africa. While rail transport lacks the route flexibility and door-to-door convenience of trucks, it remains a thriving industry due to cost efficiency benefits, and its environmental friendliness compared to other transport options. More than 40% of freight within the U.S. is moved by railroads.
EU and US Drive Forward with Major Rail Freight Initiatives
EU Approves €1.7bn German State Aid to Boost Rail Freight The European Commission (EC) has greenlit a €1.7 billion German… Read More
Ports Group ‘Encouraged’ By U.S. House Transportation Bill
The American Association of Port Authorities (AAPA), “is pleased to see new freight provisions contained in the Surface Transportation Reauthorization &… Read More
Draft National Freight Strategic Plan Released
United States Transportation Secretary Anthony Foxx earlier this week released the draft National Freight Strategic Plan, which offers specific policy… Read More
APM Bidding on Major Mexican Port Project
APM, the terminal operation division of Denmark’s A.P. Moller-Maersk, will participate in the tender to expand the Port of Veracruz… Read More
Multi-Modal Transportation Hub Made Possible with TIGER Funding Completed
The U.S. Department of Transportation’s Maritime Administration (MARAD) celebrated last week the completion of the South Harbor Project at America’s… Read More
CIG Logistics Acquires Rail Facility in Odessa, Texas
CIG Logistics, an oil and gas logistics provider, has acquired a 330-acre rail facility in Odessa, Texas from Flint Hills… Read More
Trimble Introduces Handheld AEI Reader for Rail Car and Cargo Inventory Tracking
Trimble has introduced a rugged, handheld computer designed to read the rail-industry specific automatic equipment identification (AEI) tags and the… Read More
Big Ships Now Welcome At PortMiami
A celebration for the completion of PortMiami’s 50/52 foot deep dredge project and on-dock intermodal rail recently took place today… Read More
CSX, Mechanical Unions Announce Progressive Labor Partnership
CSX Corporation and two unions, the International Association of Machinists and Aerospace Workers (IAM) and the International Association of Sheet… Read More
Norfolk Southern Completes Acquisition of Delaware & Hudson South Line
Norfolk Southern Corporation has completed the acquisition of 282 miles of the Delaware & Hudson Railway Co.’s (D&H) line between… Read More
CSX Named Sustainability Leader by Dow Jones Sustainability Index for North America
CSX has been named to the Dow Jones Sustainability Index for North America for the fifth consecutive year. CSX is… Read More
Long Beach Dedicates New Green Port Gateway Rail Extension
A bevy of port, local, state and federal officials were on hand this week to celebrate the completion of a $93… Read More
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