Rail & Intermodal: Page 17

Rail & Intermodal

Rail Investments Paying Off

Infrastructure investments and efficiency improvements are positioning rail as a key transportation partner in the food supply chain.

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Rail & Intermodal

OmniTRAX Affiliate Acquires Heart of Texas Railroad

The rail line, which is being renamed Central Texas & Colorado River Railway, LLC, operates 68 miles of track running due west from Lometa, Texas, where it interchanges with BNSF, to Brady, Texas.

A managed affiliate of OmniTRAX, Inc., one of the largest privately held transportation services companies in North America and an affiliate of The Broe Group, is purchasing the Heart of Texas Railroad (HTR) from private local investors.

Canadian Pacific Railway Revives Bid For CSX Corp.

Canadian Pacific Kansas City (CPKC)

Although Canadian Pacific remains committed to its about $30 billion bid to acquire Norfolk Southern, the company is determined to build a transnational railway and wants to keep its options open.

Canadian Pacific made its first bid to buy CSX in 2014 and was rebuffed then, too.

DHL and Compass Group U.K. & Ireland Partner On Providing Catering Services

DHL will deliver end-to-end supply chain solutions, overseeing the flow of product and management of waste.

DHL and Compass Group U.K. & Ireland will partner on providing catering services to customers in the public sector, airline, rail and facilities management industries.

CSX: Rail Pricing Pressure Close To Recession Levels

CSX Corporation Inc.

Railroads are facing stiffer competition from trucks, as low fuel prices have made hauling containers and trailers cheaper, which has dampened growth in rails’ all-important intermodal business.

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CSX Grants To Support Transportation Of Healthy Food In 9 States

CSX Corporation Inc.

Charities in Alabama, Georgia, Kentucky, North Carolina, New York, Pennsylvania, Tennessee, Virginia and West Virginia will receive grants ranging from $4,000 to $10,000 to support and strengthen local transportation and distribution of healthy food.

CSX and The Conservation Fund announced the grant recipients for the 2015 Grant Program for Transporting Healthy Food.

E-Commerce Solutions

E-Commerce Gives Online Shipping Carriers An Edge As Holidays Approach; Railroads, Ocean Vessels And Truckers Sales Fall

Physical retailers are sitting on near record-high inventories as consumer spending hasn’t yet caught up with hopes of a surge stoked by low gasoline prices.

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CSX And Louisville & Indiana Railroad Partner On $90 M Indianapolis-To-Louisville Infrastructure Upgrade

CSX Corporation Inc.

The joint project, which closed on June 17, 2015, was approved by the U.S. Surface Transportation Board in April.

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Rail & Intermodal

Can Railroads Stay On Track?

Some shippers are questioning reliability despite years of steady improvements.

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CSX Rebuffs CP Railway Merger Overture

CSX Corporation Inc.

CSX rebuffed Canadian Pacific Railway Ltd. after it made an approach in the past week, but both railways are under pressure to extend their reach to cope with traffic backlogs created by surging shipments of oil from the Bakken region of North Dakota.

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Rail & Intermodal

Intermodal Rail Takes A Bigger Piece of the Pie

Tight OTR capacity driving more shippers to look for alternatives.

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Rail & Intermodal

CHS Partners With Federation Cooperative To Build Propane Terminal

CHS has signed a long-term agreement with Federation Cooperative to build a propane terminal at Hixton, Wis., that will be managed and operated by Federation Cooperative.

Propane

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