Rail & barge

The Mining Association of Canada (MAC) has expressed support of the Minister of Transport's commitments to improve Canada's transportation network.

The proposed Northern Rail Link between China and Europe would provide advantageous logistics for metallurgical coal exports from northern Mongolia and Russia’s Elegest coalfield.

Viterra, a subsidiary of commodities trading giant, Glencore, has reduced rates on its Export Select supply-chain service for the 2016/17 harvest.

GATX Corp. has appointed Diane M. Aigotti to its board of directors.

Wheat Grower’s new Kennebec grain terminal in South Dakota, US, has loaded its first train.

Union Pacific reports 3Q16 results with net income totalling US$1.1 billion for the quarter.

Genesee & Wyoming Australia has entered into agreements to acquire Glencore’s rail coal haulage business in New South Wales Hunter Valley for AUS$1.14 billion.

The Eurotunnel Group receives a binding and irrevocable offer from EQT Infrastructure II, for the potential acquisition of its subsidiary, GB Railfreight, in the UK.

CSX has announced a year-on-year fall in 3Q16 earnings on the back of weaker volumes. But the company still beat analyst expectations.

United Wagon Company commences bulk manufacture of austempered ductile iron components, which meet the needs of the Tikhvin railcar building facilities for key wear resistant elements.

The Bay Line Railroad LLC and Panama City Port Authority have signed an agreement for on operation of new Choice Terminal™ bulk transload facility.

United Wagon Company is opening its subsidiary in the US, Uniwagon North America Corp.

United Wagon Company (UWC) has begun the mass production hopper cars for mineral fertilizers.

GE and Rio Tinto have agreed a five year partnership to optimise and support Pilbara rail operations in Western Australia.

Canadian Pacific asks Northern Southern’s shareholders to vote on a resolution to force the US company’s board into merger discussions.