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.
Riding the Rails to Prosperity: Rail Freight Market Poised to Surpass USD 522.4 Billion by 2032
In the modern age of logistics, the rail freight industry is emerging as a cornerstone of global trade, poised to… Read More
Canadian Rail Shutdown Sparks Fears of Economic Disruption in the U.S
Canada’s major freight railroads, Canadian National (CN) and Canadian Pacific Kansas City (CPKC), have halted operations due to a contract… Read More
Canadian Rail Strike Looms as Union and Rail Operators Reach Stalemate
A potential rail strike in Canada is drawing closer as the Teamsters Canada Rail Conference (TCRC) and major rail operators,… Read More
As A Strike Looms, Rail Service In Canada Should Be Deemed Essential
Recently, Teamsters Canada Rail Conference, the union representing both CN and CPKC rail workers, voted to reauthorize a strike and… Read More
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
Export of U.S. Railway Goods Wagons Drops to $500M in 2023
U.S. Railway Goods Wagon Exports In 2023, shipments abroad of railway or tramway goods vans and wagons (not self-propelled) decreased… Read More
US Intermodal Gains Momentum Amid Trucking Challenges
Following a period of sluggish performance, US intermodal traffic is on the rise, signaling potential for further growth. Union Pacific’s… Read More
What Can We Learn From the Recent Surge in Railway Accidents?
The past few years have seen a worrying surge in railway accidents, particularly those involving hazardous materials. By analyzing the… Read More
St. Louis Region’s Rail-Accessible Sites Expand with Infrastructure Investment
The St. Louis Regional Freightway has added another top rail-accessible industrial real estate site to its pipeline: RTE 3 Industrial…. Read More
Carousel Logistics Teams up with Varamis Rail to Electrify Cargo Route between England and Scotland
Carousel Logistics has joined forces with the UK’s first electric-only high-speed rail freight operator to develop a zero-emission cargo route between… Read More
Railroads Reach Agreement to Create New Direct Connection and Corridor Linking Mexico, Texas and the U.S. Southeast
Canadian Pacific Kansas City, CSX Corporation (NASDAQ: CSX) (CSX) and Genesee & Wyoming Inc. (G&W) today announced they have reached… Read More
First Battery Train in Europe Completes Phase One Roll Out
Hitachi Rail has completed phase one of its production of ground-breaking battery Masaccio train at Hitachi Rail’s factory in Pistoia,… Read More
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