| Daily news coverage of the railroad industry |  |
| Industry Update |  |  |
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- NS' intermodal facility to improve double-stacking operations
Norfolk Southern's intermodal project in Prichard, W.Va., is expected to improve the flow of double-stacked shipments between the port at Norfolk, Va., and markets in the Midwest. Part of the Class I's Heartland Corridor initiative, the facility is scheduled to open next year. "The facility will offer industrial and warehousing space coupled with intermodal transportation access," said Robert Plymale, Rahall Transportation Institute director and CEO. ProgressiveRailroading.com
(1/17)     
| Infrastructure & Economic Spotlight | | |
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- Debt-limit increase may be near, GOP officials suggest
Senior House Republicans say they may back a small, interim increase of the U.S. debt limit, a move that would let them deflect the political consequences of the government defaulting on its debt in February or March. "We're discussing the possible virtue of a short-term debt limit extension, so that we have a better chance of getting the Senate and White House involved in discussions in March," said Rep. Paul Ryan, R-Wis., chairman of the House Budget Committee. Reuters
(1/17), MarketWatch/Political Watch blog
(1/17), MSNBC
(1/17)
- Intermodal ramp to be added at CN's Joliet, Ill., yard
Canadian National, which links distribution centers in the Chicago area to the East, West and Gulf coasts, plans to add an intermodal ramp and grain transloading facility at its Joliet Yard in Illinois. "With a new intermodal ramp for container traffic at our Joliet Yard, CN will offer importers and exporters improved access to this vital trade hub with the fastest combined ocean and rail transit times from and to Asia via the ports of Vancouver and Prince Rupert, B.C.," said Jean-Jacques Ruest, CN executive vice-president and chief marketing officer. TruckingInfo.com
(1/18)
- S.C. ports target further export growth via intermodal rail
The enhancement of intermodal rail will boost the growth of exports handled at the Ports of Charleston and Georgetown in South Carolina, said the state's ports authority. In 2012, the ports' cargo volume across a majority of commercial sectors recorded gains. "As we continue the momentum on our next harbor deepening project, I expect further growth from our ports in exports, especially as we further develop transloading facilities and our state's intermodal rail network," said South Carolina Ports Authority President and CEO Jim Newsome. ProgressiveRailroading.com
(1/17)
- Port Everglades to get new intermodal facility
A new intermodal container transfer facility is being built at Florida's Port Everglades. The $53 million project, which is being built and operated by Florida East Coast Railway, will create an on-port international and domestic cargo rail facility. "Upon completion, this new facility enables South Florida to be in a competitive position for additional freight and jobs," FEC CEO Jim Hertwig said. "This facility will be able to handle the additional cargo of larger ships that are coming out of Europe today and when the Panama Canal expansion is complete and beyond." American City Business Journals/South Florida
(1/18)
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