Think hybrids that go 60 miles on a gallon are efficient? Trains can go eight times as far with 2,000 pounds in their backseat. And they're only getting smarter.
Construction on the South Batinah Logistics Hub, a strategic initiative of the Omani government to kick-start the growth of a logistics-based economic sector in the Sultanate, will be launched this year. Covering 9,000 hectares, the hub will incorporate Oman’s first ever inland port as well as dedicated zones earmarked for multimodal connectivity, light industries, value-adding activities, commercial services, warehousing and logistics, urban and residential developments, hotels and convention centres, and leisure areas.
CN expressed disappointment with Canadian government legislation tabled by Agriculture Minister Gerry Ritz and Transportation Minister Lisa Raitt to increase regulatory intrusion and oversight for rail grain transportation, and to introduce new rules for the extension of interswitching limits in the rail industry.
China has completed constructing one of its longest tunnels which will help it build a rail link with Pakistan. It has also announced plans for building the world's longest undersea tunnel, measuring 123 kilometers (km) to link two major cities.
It looks as though we're in for a year of continued economic recovery and job growth, however gradual. That should be good news for ocean carriers - assuming they don't undermine their own success by flooding the market with capacity, then engaging in rampant discounting to fill it.
President Obama announced an initiative to improve the fuel efficiency of trucks. That's a lofty goal, but here's an even better idea: Let's make an effort to move more freight by rail and less by road. Trains are far more energy-efficient than trucks "” and they always will be.
FreightWatch International, a logistics security solutions provider, recorded 951 cargo thefts throughout the United States in 2013, the same amount as recorded in 2012, tying for the highest level of theft incidents on record.