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
Norfolk Southern to Expand Capacity at its Columbus, Ohio, Intermodal Terminal
The Norfolk Southern Railroad is planning to invest $34.3 million in an expansion and upgrade of the Rickenbacker Intermodal Terminal… Read More
BNSF Logistics Acquires Specialty Cargo Handling Firms
BNSF Logistics has boosted its service profile with the acquisition of a pair of transportation companies that specialize in the… Read More
Georgia Plans New Appalachian Inland Intermodal Port
Georgia Governor Nathan Deal, the Georgia Ports Authority (GPA), Murray County, and CSX Transportation have signed a memorandum of agreement… Read More
Promote Investment in Nation’s Freight Rail Network, CSX Executive Urges STB
Forcing revenue-adequate railroads to cap their shipping rates would discourage the substantial and mostly private investment in the nation’s critical… Read More
UPS Expands China-Europe Rail Service
UPS announced yesterday it has added a less-than-containerload (LCL) option for China-to-Europe rail shipments. The service is available from Zhengzhou… Read More
DHL and KTZE to Enhance China-Kazakhstan Rail Freight Links
DHL Global Forwarding signed a memorandum of understanding with Kazakhstan Temir Zholy Express (KTZE) late last month to develop greater… Read More
ROI on Pacific Northwest Channel Deepening Project: Over 5 to 1
The economy in the U.S. Pacific Northwest has enjoyed a handsome return on the investment made deepening of the Columbia… Read More
Logistics Trends Reflect Recovering U.S. Economy
Logistics trends in the United States mirror an economy that is recovering and growing. That was a key observation in… Read More
Chugging Along
In addition to America’s seven Class I railroads, there are more than 550 short lines capable of carrying the same… Read More
BNSF to Improve California Rail Infrastructure
The BNSF Railway has said it will spend an estimated $141 million to increase capacity and improve its rail infrastructure… Read More
As Freight-Rail Rates Rise, Overhauls Proposed
A large group of national trade associations representing manufacturers, farmers and energy producers have joined together to form a new… Read More
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