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Tuesday, September 29th, 2020
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Tag Archives: intermodal

Massive freight train derailment in Canada (Video)

Screen Grab of Train derailment

PortandTerminal.com, September 15, 2020 VANCOUVER, BC – A train carrying potash derailed on Monday morning near Hope, B.C. in Canada. CN Rail says at least 60 railcars came off the tracks in the incident. Canadian Broadcaster Global News has aired drone footage that show the enormity of the accident (see above). The company says no injuries, fires or dangerous goods …

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Canadian National Railway (CN) Investing $60 Million in Louisiana

HOMEWOOD, Ill., July 27, 2020 (GLOBE NEWSWIRE) — CN (TSX: CNR) (NYSE: CNI) announced today that, as part of its strategic investments to support growing demand and enable supply chains, it plans to invest approximately $60 million (USD) across Louisiana in 2020. The investments includes a multi-year project to rebuild the McComb Spillway Bridge, replacement of rail and ties, as …

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Shippers Turn to Belt and Road Trains to Beat COVID-19 Shutdowns

Cargo Trains Duisburg, Germany

NIKKEI ASIAN REVIEW, MAY 11, 2020 By Jens Kastner for Nikkei Asian Review — With few international flights operating and many cargo ships knocked off course by the coronavirus pandemic, businesses sending goods between Asia and Europe have turned in desperation to trains linked to China’s Belt and Road project. “These days, many European customers are exploring rail freight on the …

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INTERMODAL: Union gives strike notice after CN Rail lays off 1,600 employees

PortandTerminal.com, November 19, 2019 More than 3,000 CN workers on strike, shutting down Canada’s biggest rail network. Striking rail workers say work-life balance and safety issues are key concerns of the labour dispute MONTREAL, QUEBEC – More than 3,000 Canadian National Railway Co. train operators went on strike just past midnight on Tuesday morning, shutting down Canada’s largest rail network. …

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INTERMODAL: CN Rail slashes 1,600 jobs citing weak economy, trade tensions

PortandTerminal.com, November 17, 2019 MONTREAL, QUEBEC – Canada’s CN Rail has announced that it will be laying off up to 1,600 employees due to a weakening Canadian economy, declining cargo volumes and on-going trade tensions. In October, Canada’s largest railroad operator cut its adjusted earnings per share outlook percentage for 2019 to the high single digits, down from predictions of …

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Port of Savannah on a roll with good news

Photo of container cranes and containers at the Port of Savannah

PortandTerminal.com, July 30, 2019 SAVANNAH, GA – The Port of Savannah has had a string of good news announcements lately. Georgia Ports announced today that the Port of Savannah moved a record 4.5 million twenty-foot equivalent container units in the fiscal year that ended June 30, an increase of more than 305,000 TEUs, or 7.3 percent.  “Our ports are firing …

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Walmart stands up container fleet, uses drivers for drayage

PortandTerminal.com, February 26, 2019 Walmart has launched its own fleet of intermodal containers and begun using its own drivers to move containers from rail hubs to Walmart stores The pilot began in the summer of 2018 and has covered some loads coming out of Southern California. Braunbach could not confirm the number of containers, nor how large the program is …

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