CP completes Central Maine & Quebec Railway acquisition
Canadian Pacific has closed the transaction related to the acquisition of the Central Maine & Quebec Railway, subject to Surface Transportation Board approval.
Rail & barge
UK summit planned to discuss investment in port transport links
A UK Port Connectivity Summit has been planned to discuss investment in road and rail links to ports.
Teck and CN announce rail shipping agreement
CN and Teck Resources Limited has announced a long-term rail agreement for shipping of steelmaking coal from Teck’s four BC operations between Kamloops and Neptune Terminals, and other west coast ports.
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Cliin cargo hold robot technology shipowners saving shipowners' time, costs and minimising delay risks
Robot technology – already deployed to Ultrabulk, Norden, J. Lauritzen, and Oldendorff – could prevent as much as 300 000 t of chemicals entering world’s oceans.
Inauguration of expanded entry track at Kiel’s shunting station
The structure and technics at Kiel’s shunting station in Meimersdorf have been enhanced in such a way that freight trains with an effective length of 740 m (previously 535 m) can enter and exit the station as of now.
Adani partners with Decmil in another win for regional Queensland
Adani Mining’s Carmichael project has signed a multi-million dollar contract with Decmil to deliver more jobs and economic activity for Rockhampton and regional Queensland.
Volume for most freight groups expected to decline
The outlook for the North American railroads industry has been revised to negative from stable, Moody's Investors Service says in a new report.
Martinus Rail partners with Adani to deliver AUS$100 million rail contract
Adani has said that over AUS$450 million worth of contracts had already been awarded on the Carmichael project, the majority to regional Queensland areas.
UK Major Ports Group comments on the new proposed Brexit deal
Tim Morris, Chief Executive of the UK Major Ports Group, said: “It is important for all parties to carefully consider the new proposed Brexit deal.”
More Rail & barge news
Agrimin signs Memorandum of Understanding for barge loading operations
Agrimin Ltd has announced that it has signed a binding Memorandum of Understanding with Transhipment Services Australia Pty Ltd (TSA) for the provision of barge loading services for the Mackay Potash Project.
20 new KamAZ trains arrive in Sakhalin for road transport development project
Growth in coal production and shipment by VGK enterprises allowed the creation of an additional 90 new jobs in the motor transport sector of Sakhalin (Russia).
Industry-wide initiative to modernise global agriculture commodity trade operations
The industry-wide initiative to modernise global agricultural commodity trade operations has announced that another major partner, Glencore Agriculture Ltd, has joined the effort.
Genesee & Wyoming issues statement on Aurizon complaint
The company disputes the allegations made in the complaint and intends to defend itself appropriately.
Real Rail and Green Cargo partner to offer climate-smart transportation
Real Rail’s and Green Cargo’s transportation partnership aims to reduce climate emissions by 50 000 t of CO2 in 2020.
Coal's decline could cost US railroads billions in revenue by 2030, says Moodys
Moody's says in a new report that the projected drop in coal demand from US utilities by more than 50% by 2030 will weigh on US railroads significantly.