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Rail

NRF: ‘People Have Recession on Their Minds’

Tariffs imposed by President Donald Trump have not yet led the U.S. into a recession, but worries over the economy are widespread and growing despite continued job and income gains, National Retail Federation Chief Economist Jack Kleinhenz said May 7. “The possibility of a U.S. recession in the near future has increased due to rising trade tensions and other economic factors, but it hasn’t happened yet,” Kleinhenz said. A set of ... [+]

CSX Adds 18 Rail Served Select Site Properties

CSX Corp. announced its latest group of high-ranking rail-served properties to receive CSX Select Site designation under the industrial development program. Eighteen sites across 12 states have earned a gold, silver, or bronze rating based on an evaluation of a wide range of site characteristics.  CSX said ... [+]

CSX Reaches Deals with Signalmen, Boilermakers

Class-I railroad CSX Corp said April 30 it has secured ratification of new five-year collective bargaining agreements with the Brotherhood of Railroad Signalmen, or BRS, and the International Brotherhood of Boilermakers, Iron Ship Builders, Forgers & Helpers, or IBB. “Ratifying these agreements reflects the trust we’ve ... [+]

Due Diligence Thwarts Credit Fraud, TT Club

TT Club, the international freight transport insurer, is raising awareness the increasing prevalence of credit fraud over the last 12 months. Fraudulent strategies can be extremely lucrative for international criminals and the global supply chain is typically low-risk due to the remote nature of the actual ... [+]

Senate Bill Targets Organized Retail Theft

A Senate bill was reintroduced April 10 that would establish a “unified, federal response” to the rampant spread of cargo theft by criminals who often operate across state and international borders. The Combating Organized Retail Crime Act, reintroduced by Senate Judiciary Committee Chairman Chuck Grassley (R-Iowa) ... [+]

Galveston Wharves Provides Projects Update

Galveston Wharves staff and construction contractors have provided updates on five projects totaling US$77.5 million to expand and improve our West Port Cargo Complex. Funding for the projects comes from a US$36 million state grant and port cash reserves, largely generated from our growing cruise business.  Here’s ... [+]

Ports Seek to Optimize Lower Mississippi River

The World Trade Center New Orleans, or WTCNO hopes to utilize comprehensive analysis to optimize global commodity flows and maximize the economic benefits of the Lower Mississippi River region. The Lower Mississippi River Commodity Analysis represents a collaborative effort between Louisiana’s five-deep draft ports along the ... [+]

APM Terminals Acquires Panama Canal Railway

APM Terminals has acquired the Panama Canal Railway Co., or PCRC, from Canadian Pacific Kansas City Ltd and the Lanco Group/Mi‑Jack. PCRC operates a 47-mile, single-line railway adjacent to the Panama Canal that mainly facilitates cargo movement between the Atlantic and Pacific oceans. In 2024, the ... [+]

Sponsored Content – CSX

CSX: A Terminal Network Transformed US railroad CSX is leading a revolution in terminal efficiency. Using its operation at Fairburn, Georgia as a template, it is transforming the efficiency of intermodal operations throughout its 20,000-mile network. It’s as much about changing ways of working as introducing ... [+]

Corpus Christi Tugs, Rail to Go Green

The Port of Corpus Christi Authority said it will receive US$105 million through the U.S. Environmental Protection Agency’s Clean Ports Program to deploy zero-emissions equipment.The port’s EPA grant will support about 70 percent of the cost of following zero-emission equipment and projects, including: Three tugboats, ... [+]

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