Rail shippers frequently face a critical decision: whether to own or lease freight cars. This is a complex decision that is influenced by factors such as need for operational control, financial considerations, and long-term business commitment. In the North American railcar fleet, currently over 60% of all cars are leased or owned by entities other than the railroads themselves. This statistic underscores the significant role that leasing and ownership play in the logistics and transportation industries.
Read moreIn the second post in our series on Shortline railroads, we discuss the reasons behind Class I railroads decisions to sell or lease sections of their rail tracks to Shortlines. This type of move is driven by a combination of economic, operational, and strategic factors. In this article, we'll delve into the details of such actions and explore how it benefits all parties involved.
Read moreAt the end of April, the Surface Transportation Board (STB) issued the final Rule on new procedures and requirements for prescribed reciprocal switching for rail shippers. The STB's decision to implement reciprocal switching agreements aims to enhance rail service quality. Several Class I railroads have asked the U.S. Court of Appeals for the Seventh Circuit to review the STB’s decision.
Read moreIn our new post, we introduce the role of various agencies, led by the Federal Railroad Administration (FRA), to ensure the safety of railroads across the U.S.
Read moreEnvironmental sustainability has become a top priority for our society. As the demand for sustainable transportation continues to grow, railroads are actively seeking innovative solutions to continue to reduce their environmental impact. In this blog, we will explore the latest advancements and initiatives that contribute to the sustainability of shipping freight by rail.
Read moreFreight railroads stand as a crucial component of the supply chain in North America. They enable the efficient movement of large quantities of goods over long distances. This article aims to delve into the significance of rail freight and its impact on various industries and the overall economy.
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