Tri Global Energy is poised to build a wind empire in West Texas and will partner with Burlington Northern Santa Fe Logistics to build a shipping and receiving hub for the turbines.
Total intermodal traffic grew in the third quarter of 2013 by 4.7 percent, year-over-year, attributable to gains across the board, according to the Intermodal Association of North America. Domestic container volume continued to lead intermodal growth, posting a year-over-year increase of 9.4 percent, and combined with a 1.2 percent boost in intermodal trailer volume for the same period, all domestic equipment experienced 7.6 percent year-over-year gains during the third quarter of 2013.
The Far East Land Bridge cargo cooperation, whose members aim to revolutionize rail connectivity along the Trans-Siberian route, has witnessed the first container freight train travel from Suzhou, China, to Warsaw, Poland. The 14-day transit resulted from a project among the government of the City of Suzhou in the Jiangsu Province, PKP Cargo (the Polish state railway) and RZD Logistics (part of Russia's rail behemoth).
President Dilma Rousseff of Brazil plans to build 11,000 kilometers (6,835 miles) of rail and grant wider access to existing privately operated lines to cut shipping costs by as much as 30 percent in the country. The auction of a concession to build and manage the first of a dozen railways costing a total $42bn will take place as early as October.
Logistics group Kuehne & Nagel and wagon leasing company VTG have announced plans to create a jointly-owned rail logistics business after signing a letter of intent at the end of April.
CEVA Logistics, a global supply chain management company, today announced the launch of a new China-to-Europe railway service that connects Suzhou with the Netherlands.
United States freight carload traffic gained ground during the week ending March 16, 2013, up 0.5 percent measured against the comparable week in 2012, said the Association of American Railroads.