Initiative will launch a “high-visibility dashboard” connecting major transportation hubs directly to ocean carriers, trucking companies, railroads and retailers, Sean Duffy said.
Dubbed the "Great Connection" by UP and Norfolk, the transcontinental railroad that would be formed as a result of the merger would be the first of its kind in the U.S.
The new merger application was submitted with the Surface Transportation Board on April 30, after the regulators rejected the first attempt in January.
Shares of Canadian National Railway Co. slumped 6% on April 29, the most in more than five years, after it reported quarterly revenue of C$4.38 billion.
The latest news, analysis, services and systems regarding rail and intermodal transportation and its impact on global supply chains. Today’s companies are transporting and delivering container shipments in a more efficient manner than ever before using new services and technologies that provide information en route - allowing them to stay ahead of the competition in their industries. As rail and intermodal cargo services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using rail and intermodal shipping solutions to power their supply chains.
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