Demand for Rail Strong, Expected to Rise
June 8, 2022
By Mark R. Smith, Contributing Writer
Like most industries, rail has its share of issues to address: cost controls, supply chain issues, worker availability, the decline of coal, an interesting juxtaposition with the trucking industry and the ubiquitous issue of competition.
Still, long-term, demand for freight transportation – for commodities other than coal – is expected to grow as the population and economy expand. The growth rate, which is projected by most economists to rise about two percent annually, supports the U.S. Department of ...
Read More...
Read More...
Related Reading
IMC Companies to Expand Shelby County Headquarters
May 4, 2022
IMC Companies officials announced that the company will invest $23 million to expand its Shelby County headquarters operations. The project will creat...
Read More...
Read More...
Manitoba New Development Partner for the Centreport Canada Rail Park
March 25, 2022
Winnipeg, CN — The Gov. of Manitoba announced an agreement has been concluded with a development partner for the CentrePort Canada Rail Park (th...
Read More...
Read More...
Commissioners Vote Unanimously to Accept NC Railroad Grant
March 23, 2022
~ Selma’s Eastfield Crossing Project Set to Benefit from Rail Access ~ Johnston County, NC — The Johnston County Board of Commissioners voted ...
Read More...
Read More...
Hitachi Rail Creating up to 460 New Jobs in Washington County
March 21, 2022
Baltimore, MD — Hitachi Rail is establishing its new railcar manufacturing operations in Washington County as part of a major U.S. expansion. Hi...
Read More...
Read More...
TexAmericas Center Acquires Contracts, Assets from Lone Star Railcar Storage Company
November 29, 2021
~ Acquisition aligns TexAmericas Center’s third-party logistics and rail services for industry- leading approach to attract businesses ~ Texarkana, ...
Read More...
Read More...
Growing Alabama Credit Spurs $3 Million Investment at Etowah Mega-Site
November 19, 2021
By Jerry Underwood Gadsen, AL — The Growing Alabama Credit program is helping accelerate improvements at the Little Canoe Creek Mega-Site throug...
Read More...
Read More...
Upcoming Industry Events
22
September
2022
TEDC (Tennessee) 2022 Fall Conference
September 22, 2022 - September 24, 2022
18
October
2022
NBAA BACE – National Business Aviation
October 18, 2022 - October 20, 2022
Economic Development News
June 24, 2022
June 24, 2022
June 24, 2022
June 24, 2022
June 24, 2022
June 23, 2022
June 23, 2022
June 23, 2022
June 23, 2022
June 23, 2022