The Brookings Metropolitan Policy Program has released the final two installments in its Metro Freight Series, a collection of new research examining the volume of goods flowing through U.S. ports and across the nation by truck, rail, water, air and pipeline.
CN, the Alabama State Port Authority (ASPA) and APM Terminals Mobile, LLC on June 15, 2015 signed a memorandum of understanding (MOU) for the Port of Mobile intermodal gateway project, which is “intended to drive increased supply chain efficiency and a greater share of transportation markets in North America.”
In 2014, BNSF Railway customers, working with the railroad and state and local economic development organizations, invested close to $1.5 billion in 138 new or expanded rail facilities. This marks the fourth consecutive year they invested more than $1 billion in rail projects to support business growth. These investments are expected to generate more than 1,200 new jobs.
For the week ending June 6, 2015, total U.S. weekly rail traffic was 550,037 carloads and intermodal units, down 2.2% compared with the same week last year, as carload traffic dipped and intermodal grew, the Association of American Railroads reported on June 10.
Testifying at a June 10, 2015 Surface Transportation Board hearing on the shipment of grain by rail, representatives from the Association of American Railroads legal and economic policy departments said that calls to create new grain-specific regulations are “simply unjustified.”
For more than three decades, railroad regulators have used the same method to determine which shippers are captive; and, if so, to determine a remedy to limit railroad market power and assure rates charged captive shippers are reasonable.
Jerome Marullo has joined the Simmons-Boardman Publishing Corp. Railway Division as Eastern Regional Advertising Sales Manager, with responsibility for Railway Age, Railway Track & Structures and International Railway Journal. He replaces Mark Connolly, who retired on May 22, 2015 after nine years with the company.
The first annual Rail Insights conference, which kicks off June 17 at the Millenium Knickerbocker Hotel in Chicago, will feature several prominent people in rail industry leadership positions who, with Railway Age’s experienced team of editors, will engage in an interactive dialogue to explore the challenges, issues and trends affecting the North American rail market.
Norfolk Southern’s Bellevue, Ohio yard, the largest classification yard on the NS system, will be renamed “Moorman Yard” in honor of Charles W. “Wick” Moorman, who retired June 1, 2015, as CEO after a 45-year career and has assumed duties as Executive Chairman of the railroad’s board of directors.
Florida East Coast Railway (FECR) is expanding its intermodal rail service into Central Florida to include next-day service to Fort Pierce on weekends. Previously, FECR provided next-day service to Fort Pierce six days per week.