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
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
Norfolk Southern Under a Regulatory Microscope
Train derailments, like accidents in any industrial environment, can cripple rail providers. Norfolk Southern understands this better than most. The… Read More
Steps Taken Toward First Expansion of Passenger Rail in Decades
Amtrak and SRC submit a planning grant that will expand long-distance passenger rail service along the I-20 Corridor in the… Read More
Locomotive Engineers Are Onboard for the Bipartisan Rail Safety Act of 2023
The Brotherhood of Locomotive Engineers and Trainmen (BLET) backs the Rail Safety Act of 2023 that would require more stringent… Read More
Rail Europe Appoints Klaus Kreher as Head of Carriers Management
Rail Europe, the global reference brand for European train booking, both for individual travelers and the travel industry anywhere in… Read More
Rail Europe Announces its First Participation to ITB Berlin 2023
Rail Europe is delighted to announce its very first participation as exhibitor to ITB Berlin, the leading travel trade show,… Read More
California High-Speed Rail Authority Selects Atlas and Its JV Partners for $400 Million Program Management Contract
As part of the AECOM-led joint venture, Atlas will provide quality management for the California High-Speed Rail Project. Atlas to… Read More
Rail Traffic for the Week Ending December 24, 2022
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending December 24, 2022. For this… Read More
Biden-Harris Administration, USDOT Make Available Nearly $9 billion to Modernize Busiest Passenger Rail Corridor in America
The U.S. Department of Transportation (USDOT) today announced a Notice of Funding Opportunity (NOFO) making available nearly $9 billion in… Read More
Corn Refiners Association Joins President Biden in Asking Congress to Prevent a Rail Strike
In response to President Biden’s call on Congress to prevent a freight rail work stoppage that would cripple U.S. agricultural production… Read More
Biden Avoids Rail Strike with New Deal, but not Everyone is Happy
Joe Biden signed legislation imposing a deal he negotiated between freight railroads and organized labor, averting a possible strike but… Read More
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