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.
9 Cutting-Edge Technologies Revolutionizing Railway Infrastructure
Logistics professionals and fleet owners have no shortage of innovations to experiment with in their operations. It can be tricky… Read More
Explore the World’s Best Import Markets for Railway Goods Wagons
When it comes to the import market for railway goods wagons, there are several key players that dominate the industry…. Read More
US High-Speed Rail is Feasible
High-speed rail projects are notoriously complicated to finance. Compared to networks in Europe and East Asia, it would take generations… Read More
US Billions in Limbo as Canadian Rail Shutdown Worsens by the Day
The Canadian rail shutdown is expected to increase trucking rates and leave billions of dollars in container trade to the… Read More
Strikes at U.S. Ports and Canadian Railways Threaten North American Supply Chains
The looming labor strikes at Canadian railways and U.S. East and Gulf Coast ports are set to cause significant disruptions… Read More
Canadian Rail Shutdown Sparks Fears of Economic Disruption in the U.S
Canada’s major freight railroads, Canadian National (CN) and Canadian Pacific Kansas City (CPKC), have halted operations due to a contract… Read More
Canadian Rail Strike Looms as Union and Rail Operators Reach Stalemate
A potential rail strike in Canada is drawing closer as the Teamsters Canada Rail Conference (TCRC) and major rail operators,… Read More
As A Strike Looms, Rail Service In Canada Should Be Deemed Essential
Recently, Teamsters Canada Rail Conference, the union representing both CN and CPKC rail workers, voted to reauthorize a strike and… Read More
EU and US Drive Forward with Major Rail Freight Initiatives
EU Approves €1.7bn German State Aid to Boost Rail Freight The European Commission (EC) has greenlit a €1.7 billion German… Read More
Export of U.S. Railway Goods Wagons Drops to $500M in 2023
U.S. Railway Goods Wagon Exports In 2023, shipments abroad of railway or tramway goods vans and wagons (not self-propelled) decreased… Read More
US Intermodal Gains Momentum Amid Trucking Challenges
Following a period of sluggish performance, US intermodal traffic is on the rise, signaling potential for further growth. Union Pacific’s… Read More
What Can We Learn From the Recent Surge in Railway Accidents?
The past few years have seen a worrying surge in railway accidents, particularly those involving hazardous materials. By analyzing the… Read More
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