Global Trade features all the latest industry news and in-depth trade articles about rail companies and rail shipping. Get the latest and stay informed.
There is a nostalgic romanticism attached to railroads, given their status as the first continental mass transit system for passengers and freight. But in the 21st century, rail transport is still a popular option for international trade. Standard gauge and broad gauge rail systems interconnect major cities throughout the U.S., Europe, South America, Asia and parts of Africa. While rail transport lacks the route flexibility and door-to-door convenience of trucks, it remains a thriving industry due to cost efficiency benefits, and its environmental friendliness compared to other transport options. More than 40% of freight within the U.S. is moved by railroads.
EU and US Drive Forward with Major Rail Freight Initiatives
EU Approves €1.7bn German State Aid to Boost Rail Freight The European Commission (EC) has greenlit a €1.7 billion German… Read More
Rail Europe Appoints Klaus Kreher as Head of Carriers Management
Rail Europe, the global reference brand for European train booking, both for individual travelers and the travel industry anywhere in… Read More
Rail Europe Announces its First Participation to ITB Berlin 2023
Rail Europe is delighted to announce its very first participation as exhibitor to ITB Berlin, the leading travel trade show,… Read More
California High-Speed Rail Authority Selects Atlas and Its JV Partners for $400 Million Program Management Contract
As part of the AECOM-led joint venture, Atlas will provide quality management for the California High-Speed Rail Project. Atlas to… Read More
Rail Traffic for the Week Ending December 24, 2022
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending December 24, 2022. For this… Read More
Biden-Harris Administration, USDOT Make Available Nearly $9 billion to Modernize Busiest Passenger Rail Corridor in America
The U.S. Department of Transportation (USDOT) today announced a Notice of Funding Opportunity (NOFO) making available nearly $9 billion in… Read More
Corn Refiners Association Joins President Biden in Asking Congress to Prevent a Rail Strike
In response to President Biden’s call on Congress to prevent a freight rail work stoppage that would cripple U.S. agricultural production… Read More
Biden Avoids Rail Strike with New Deal, but not Everyone is Happy
Joe Biden signed legislation imposing a deal he negotiated between freight railroads and organized labor, averting a possible strike but… Read More
UK Rail Union Rejects Offer, Christmas Strikes Still Planned
Britain’s National Union of Rail, Maritime and Transport Workers has rejected an offer from the Rail Delivery Group aimed at… Read More
President Joe Biden asks Congress to Impose Rail Deal over Union Objections
President Joe Biden and Speaker Nancy Pelosi are moving to prevent a looming shutdown of the nation’s freight railroads with… Read More
US Railroad Strike Threatens to Inflict pain on Staggering Economy
A potential rail strike from US railroad workers in December could have dire impacts on an already unstable economy during… Read More
US Rail Union Votes Down Latest Labor Deal
One of the US’s largest railroad labour unions have voted against a tentative workforce agreement, opening the door to strike action… Read More
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