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.
Progress on Capacity Expansion Seen and Approval for Deeper, Wider, Safer
Driven by an increase in imports, The Port of Virginia completed fiscal year 2018 (FY18) having handled 2.8 million TEUs, which… Read More
US Secretary of Commerce Wilbur Ross has announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million… Read More
Common Good has released an update of its 2015 report “Two Years, Not Ten Years,” revealing that the cost of… Read More
If you’re familiar with the study of macroeconomics, you’ll know that this relates to the core economic factors that impact… Read More
project44 has announced $35 million in new funding since the company’s 2016 Series A to power true supply chain visibility,… Read More
Fort Worth Alliance Airport, the world’s first industrial airport designed for cargo and corporate aviation traffic, has completed its highly… Read More
The United States Department of Transportation (DOT) today published a notice of funding opportunity to apply for $1.5 billion in… Read More
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