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Lineage Logistics announced the acquisition of Cryo-Trans, North America’s leading provider of refrigerated and insulated railcars and rail management solutions. This industry-first partnership creates a uniquely comprehensive and seamlessly integrated supply chain solution for food and beverage customers. Financial terms of the transaction were not disclosed.
The Georgia Ports Authority (GPA), Savannah, Ga., announced plans to double capacity at Garden City Terminal to 11 million 20-foot equivalent container units per year.
In recent years, Greenbrier has introduced sustainable designs, including the reduction of tare weight and implementing articulation in more of its product offerings.
The Greenbrier Cos., Inc., Lake Oswego, Ore., released its inaugural environmental, social and governance (ESG) report, which highlights its corporate social responsibility accomplishments.
U.S. Transportation Secretary Elaine Chao announced $1.5 billion in discretionary grant funding to 91 projects in 49 states and the District of Columbia.
Multiple new refrigerated (reefer) rail companies have entered the market in recent years, and existing service providers are investing more capital into developing and expanding their fleets and geographic reach.
Newly released data from the Federal Railroad Administration (FRA), Washington, D.C., confirms that recent years remain the safest ever for U.S. railroads.
The report details NS’ progress toward achieving a healthy balance between its business imperatives as a publicly traded company and its environmental and social commitments as a responsible corporate citizen.
This report is said to be the first of its kind to quantify the sweeping impact of investments by Class I railroads with U.S. operations on the overall economy.
The study finds spending by the seven largest U.S. railroads created $274 billion in economic activity, generated nearly $33 billion in state and federal tax revenues and supported nearly 1.5 million jobs nationally in 2014 alone.
The value of commodities moving by truck decreased by 3.1% in December 2015 compared to December 2014, while the value of air freight decreased by 3.5% and rail by 9.3%, according to a report published by United States of Transportation’s Office of the Assistant Secretary for Research and Technology Bureau of Transportation Statistics, Washington, D.C.
The Association of American Railroads (AAR), Washington, D.C., released today its first "State of the Industry Report" focusing on the key challenges, accomplishments and innovations within the freight railroad industry.