Rail
Direct ChassisLink, Inc. (DCLI) announced that it has signed a definitive agreement to acquire TRAC Intermodal's (TRAC) fleet of approximately 72,000 53-foot domestic chassis and related customer and hosting contracts with major Class I railroads and intermodal shipping companies throughout the United States. The transaction is expected to close in January 2018, subject to customary closing conditions. Financial terms of the transaction were not disclosed.
As a result of this acquisition, DCLI will ...
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Seyfarth Shaw LLP announced that Juan D. Reyes, partner from the firm's Real Estate department in New York, has been appointed as Chief Counsel of the Federal Railroad Administration (FRA), the agency within the U.S. Department of Transportation responsible for the development of the country's ...
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Patriot Rail Company LLC (Patriot), a leading operator of short line and regional freight railroads and rail related services, announced on Sept. 1 the combination with Diversified Port Holdings LLC (DPH) to create an expanded portfolio of businesses.
DPH, through its principal subsidiaries Seaonus and Portus, ...
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CN joined its supply chain partners, the Port of Prince Rupert and DP World, in marking the 10th anniversary of the Fairview Container Terminal and celebrating the facility's expansion on August 29.
The city of Prince Rupert was built for Canadian trade and the container terminal unlocked so much of the ...
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CN joined its supply chain partners, the Port of Prince Rupert and DP World, in marking the 10th anniversary of the Fairview Container Terminal and celebrating the facility's expansion on August 29.
The city of Prince Rupert was built for Canadian trade and the container terminal unlocked so much of the ...
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Kansas City Southern and Bulkmatic Transport Company announced on August 30 a memorandum of understanding to form a 50/50 joint venture investment which will facilitate and expand the exportation of liquid fuels from the United States to Mexico. The project will include the construction of ...
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Port Freeport and their honored guests recently joined together for a groundbreaking ceremony marking the commencement for construction of the Phase 1 of the Parcel 14 Rail Development. The rail project has been one of the port’s long term strategic objectives for many years and ...
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Railinc Corp. has announced that use of its RailSight intermodal and railcar data services, software applications, and analytics insights solutions has grown to include eight of North America's 10 largest third-party logistics (3PL) providers, as well as all 10 of the largest private railcar fleet owners in ...
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CN celebrated the groundbreaking of Whirlpool Canada's new distribution centre now under construction at CN's Calgary Logistics Park in Rocky View County, Alberta.
"We are very pleased to welcome Whirlpool Canada as a major tenant in our state-of-the-art Calgary Logistics Park," said Andrew Fuller, assistant vice-president of domestic ...
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Canadian Pacific launched its CP Canada 150 train tour with a kickoff ceremony at its Calgary headquarters on July 25 with federal and provincial government officials and members of the Tsuut'ina Nation, who blessed the train.
The train headed west to Port Moody, B.C., for the ...
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