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.
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
China-Hungary Deepening Economic and Trade Ties
The level of economic and trade cooperation between China and Hungary is growing. Bilateral trade between the countries expanded 9.8… Read More
JAXPORT’s New Rail Terminal Open for Business
JAXPORT’s new $30 million Intermodal Container Transfer Facility is now officially open for business. The ICTF provides on-dock rail service… Read More
Hub Group Completes First Year of #CauseContainer
Hub Group, Inc., one of the largest intermodal solutions providers in North America, announced today that nearly $70,000 was raised… Read More
Benefits of Partnering with a Non-Asset Based 3PL for Intermodal
There’s a lot that goes into deciding whether you should go with an asset or non-asset based provider for your… Read More
Chinese Investments to Build New Russian Mega-Port Arkhangelsk
A newly-established company, Arctic Transport and Industrial Centre Arkhangelsk, has signed an agreement of intent with Poly International Holding Co…. Read More
Germany to Collaborate with India on Port Rail Connectivity
India’s Minister of Road Transport & Highways and Shipping Nitin Gadkari has said that India and Germany are set to… Read More
Southeast Ports Resumes Service Following Hurricane Matthew
Southeastern United States ports resumed operations earlier this week after Hurricane Matthew interrupted operations, caused damage and power outages and… Read More
Bombardier and China Railway Rolling Stock in Strategic Agreement
Bombardier Transportation and China Railway Rolling Stock Corporation (CRRC), have signed a strategic agreement to expand and deepen their relationship…. Read More
The Middle of Nowhere Could Become a Major Trade Corridor
The middle of nowhere actually exists. If you look for the place that is furthest away from any ocean in… Read More
SCPA Finalizes Plans to Construct Second Inland Port
The South Carolina Ports Authority announced plans to develop a second inland port in Dillon, South Carolina, to support growth… Read More
Arizona Pilot Program Raises Truck Weight Limits
The Arizona Department of Transportation has begun a year-long pilot program allowing slightly heavier trucks in one of the state’s… Read More
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