NITL Statement The National Industrial Transportation League (NITL) is the nation’s oldest and largest freight transportation association. Since 1907, the NITL has represented the shipping public in regulatory matters involving all modes of transportation. It was therefore a given that the Canadian National (CN) and Canadian Pacific (CP) sought the NITL’s support of their respective …
Category: Industry News
Canadian Pacific and Canadian National Faceoff for the Kansas City Southern
(updated May 24th, 2021) Tuesday, April 20th the Canadian National (CN) offered to acquire the Kansas City Southern (KCS) for $33.7 billion, setting the stage for both of Canada’s class I carriers to faceoff for the KCS. Merger Plans One month ago, the CP announced merger plans with the KCS that stipulated that CP acquire …
CSXT Transportation & Quality Carriers Strike a Deal: What Shippers Need to Know
CSX Corporation announced Wednesday May 12th, that it has signed an agreement with Quality Distribution to acquire bulk liquid chemicals transportation provider Quality Carriers Inc. (QC). No terms of the agreement were released. Headquartered in Tampa, FL, QC operates the largest liquid bulk chemical trucking network in North America. QC’s network of company terminals, independent …
Canadian Pacific & Kansas City Southern Announce Merger Plans
The Canadian Pacific Railway (CP) and Kansas City Southern (KCS) announced that both Class I carriers have entered into an agreement to merge. The initial conditions of the merger stipulates that the CP will acquire KCS stock amounting to $29 billion and will assume the KCS’s outstanding debt estimated to be approximately $3.8 billion. As …
Rail Industry Update
As the year 2020 was winding down, we were all quick to look ahead to 2021. Though 2020 had been a trying year, what can we now expect as we move forward? 2020 may have left us with more questions than answers. While we can begin to see the beginning of the end of the …
Winter Safety – Preparing Your Rail Served Facility
Inclement weather will likely challenge all rail customers at some point. With winter weather fast approaching, your rail-served facilities should take measures to prepare for freezing temperatures, sleet, snow, and ice that winter storms will bring. A winter preparedness plan including snow and ice removal will be required throughout the winter season, and is crucial …
NEARS 2020 Conference Recap
The North East Association of Rail Shippers (NEARS) hosted its annual fall conference remotely September 21, 2020 – Sep 25, 2020. The NEARS 2020 conference consisted of several attendees that represented rail shippers, suppliers, and carriers. This was the first virtual event held by NEARS and proved to be very successful. It was a week-long …
Hurricane Update & Railroad Preparedness
Hurricanes cause more damage than any other type of weather catastrophe. These storms destroy homes and cities, as well as infrastructure. To survive a hurricane, and also to rebuild after the storm, hurricane preparedness for rail shippers is essential. The hurricane season of 2020 has already been intense, and will continue to bring more storms. …
Have the Railroads Stopped Negotiating?
Are the railroads telling you that privately negotiated contract rates are reverting to public tariffs? This may become more prevalent, but that does not mean the railroads have stopped negotiating. Public tariffs have long been in existence, providing easy access to rates with low administrative costs. But over the years, many shippers have been successful …
RSI Logistics to Operate Norfolk Southern Thoroughbred Bulk Terminal in Spartanburg SC
RSI Logistics Inc. (RSI) through its bulk terminal division, RSI Leasing Inc. has been awarded the operations of Norfolk Southern’ s (NS) Spartanburg SC Thoroughbred Bulk Terminals™ (TBT). The Spartanburg TBT is located 5 minutes from Interstates I-85, I-585 and I-26. The terminal is ideally positioned within 200 miles of Atlanta GA, Charlotte NC, Augusta …