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Global Trade features all the latest industry news and in-depth trade articles about rail companies and rail shipping. Get the latest and stay informed.

There is a nostalgic romanticism attached to railroads, given their status as the first continental mass transit system for passengers and freight. But in the 21st century, rail transport is still a popular option for international trade. Standard gauge and broad gauge rail systems interconnect major cities throughout the U.S., Europe, South America, Asia and parts of Africa. While rail transport lacks the route flexibility and door-to-door convenience of trucks, it remains a thriving industry due to cost efficiency benefits, and its environmental friendliness compared to other transport options. More than 40% of freight within the U.S. is moved by railroads.

Expansion will allow port to handle more shipments of export cargo and import cargo in international trade.

Port of Virginia Sets Fiscal-Year Record

Handled 2.7 Million TEUs in 2017

The Port of Virginia handled 231,675 twenty-foot equivalent units (TEUs) in June, a new record for the month and a seven-percent increase when compared with the same month last year. With this achievement, the port completed fiscal year 2017 having handled a record-setting 2.7 million TEUs, up 7.3 percent from the year before. “We finished fiscal… Read More

Suggestions for policy improvements for system that carries shipments of export cargo and import cargo in international trade.



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