For decades, the Justice Department and FTC have taken the lead on competition issues, but a Presidential executive order called on industry regulators to engage in independent oversight of mergers, acquisitions, and joint ventures.
The new network could draw traffic away from U.S. West Coast ports to gateways in Canada and Mexico, and tens of thousands of shipments away from trucks, an environmental selling point for the combination.
Norfolk Southern’s decision to call for the burning of five derailed train cars was a consequence of poor communication by the railroad, a local emergency management official told a Senate panel March 9.
Following a period of seesawing freight rates and persistent service failures, ocean carriers and shippers are struggling to achieve some measure of equilibrium.
The railroad industry has defended the devices, saying they have helped reduce accidents. Deploying better monitoring equipment
to the more than 1.6 million freight cars in North America would cost huge sums.
Workers and union officials cited the Norfolk Southern Railway derailment in early February as a glaring example of why safety reforms to the industry need to be made.
The latest news, analysis, services and systems regarding rail and intermodal transportation and its impact on global supply chains. Today’s companies are transporting and delivering container shipments in a more efficient manner than ever before using new services and technologies that provide information en route - allowing them to stay ahead of the competition in their industries. As rail and intermodal cargo services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using rail and intermodal shipping solutions to power their supply chains.
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