Tag

Rail Transport

All articles tagged with #rail transport

transportation-supply-chain1 year ago

"Baltimore Bridge Collapse: Impact on Port Operations and Political Leaders"

CSX completes the first diverted cargo shipments on a new rail line for the Port of Baltimore, with containers being unloaded in Baltimore after being diverted to the Port of New York and New Jersey. Norfolk Southern is launching a dedicated service to facilitate the flow of diverted freight between the two ports. The closure of the Port of Baltimore has led to significant supply chain disruptions, impacting trade, inventories, and inflation, with an estimated monthly indirect impact of $6.6 billion.

transportation1 year ago

CSX Successfully Diverts Cargo to New Rail Line for Port of Baltimore

CSX has completed the first diverted cargo shipments on a new rail line for the Port of Baltimore, with containers being unloaded in Baltimore after being diverted to the Port of New York and New Jersey. Norfolk Southern is launching a dedicated service to facilitate the flow of diverted freight between the two ports. The closure of the Port of Baltimore has led to significant impacts on the supply chain, with major ocean carriers invoking contract clauses and the port facing an estimated $6.6 billion per month in indirect economic impact due to disruption in the cross-border flow of goods.

business2 years ago

"Maersk Adopts Rail 'Land Bridge' to Navigate Panama Canal Drought"

Due to low water levels at the Panama Canal, Maersk will use trains to transport cargo for some vessels, causing delays for southbound vessels, while Hapag Lloyd will not follow suit due to insufficient rail capacity for its larger ships. The drought in Panama, worsened by the El Nino weather phenomenon, has led to decreased transit slots at the canal, forcing companies to reroute ships and causing disruptions in the global shipping network.

international-relations2 years ago

Border Blockade: Ukraine's Trade Lifelines Choked as Truckers Protest

Ukraine has started transporting lorries to Poland by rail to bypass the blockade of the land border caused by Polish truckers' protests against EU access for Ukrainian lorries. The rail shipments will be made regularly using modernized platforms, while the trucks will continue their journey by road. Ukrainian authorities estimate that around 3,500 lorries are currently blocked on the Polish side of the border, and negotiations with the protesters have not yet yielded an agreement. The main demand of the Polish hauliers is to halt permit-free access for Ukrainian truckers to the European Union.