intermodal terminal

Norfolk Southern closes $500 million green bond offering

Norfolk Southern closed a $500 million green bond offering.

As companies struggle to find the capital needed to pursue and achieve their environmental targets, Norfolk Southern Corp. (NYSE: NSC) on Wednesday closed a $500 million green bond offering. Norfolk Southern called itself “the first Class I railroad in North America to issue green bonds” in the announcement. 

The point of green bonds is to raise capital for projects and transitions that make companies operate more sustainably or reduce emissions. Investors, in turn, can have confidence that...

https://s29755.pcdn.co/news/norfolk-southern-closes-500-million-green-bond-offering

Savage Selects Octopi by Navis for Idaho’s First Intermodal Terminal

Savage Selects Octopi by Navis for Idaho’s First Intermodal Terminal

Terminal will be an agricultural gateway to major global markets once complete mid-2021

Oakland, CA — April 14, 2021— Octopi, part of Navis and Cargotec Corporation, the provider of operational technologies and services that unlock greater performance and efficiency for leading organizations throughout the global shipping industry, announced today that Savage has selected Octopi by Navis’ cloud-based terminal operating system...

https://allaboutshipping.co.uk/2021/04/14/savage-selects-octopi-by-navis-for-idahos-first-intermodal-terminal/

Follow-up wallop of winter weather hitting the South

Tractor-trailers on a snow-covered Houston highway.

Another winter storm will slam the South Wednesday, taking nearly the same track as the historic storm earlier this week. That storm produced daily record snowfalls and record low temperatures in many places.

Besides road closures, several airports and intermodal terminals remain closed, and millions of people still have no electricity.

Roads

Roads are still covered in snow and/or ice in many states across the southern Plains, as well as the Mississippi, Tennessee and Ohio valleys. Most issues and...

https://s29755.pcdn.co/news/follow-up-wallop-of-winter-weather-hitting-the-south

Transportation troubles continue across frozen South

Tractor-trailers parked at a truck stop on a snowy day.

Five 18 wheeler pileup right out of Clinton, MS on I-20. This is from the Clinton Police Department: #mswx pic.twitter.com/FPmithk7lM

— Christopher Pipkin (@PipkinWx_WAPT) February 15, 2021

The historic winter that hit the South Sunday and Monday is gone. But several states remain bitterly cold and roads remain covered in ice and snow.

Besides road closures, several airports and intermodal terminals are closed. Meanwhile, millions of people have no electricity, and a follow-up storm is...

https://s29755.pcdn.co/news/transportation-troubles-continue-across-frozen-south

CN eyes opportunities in Upper Midwest with new inland terminal

A photograph of a CN train crossing a field.

Canadian railway CN (NYSE: CNI) seeks to expand its reach into the Upper Midwest through a new inland distribution terminal in New Richmond, Wisconsin.

The facility will have an automotive compound for finished vehicles, as well as an intermodal terminal for shippers and receivers of greater Minneapolis and St. Paul, Minnesota. The railway expects the facility to open on March 1.

CN says the terminal will serve as a new access point into the railway’s tri-coastal network. CN hopes the terminal...

https://www.freightwaves.com/news/cn-eyes-opportunities-in-upper-midwest-with-new-inland-terminal

Progress continues on construction of CSX intermodal terminals

A photograph of a CSX train at a rail crossing. There are town buildings nearby the train tracks.

Although the COVID-19 pandemic has pushed back construction timelines, Eastern U.S. railroad CSX (NASDAQ: CSX) is forging ahead with the construction of two new intermodal terminals, one in Rocky Mount in eastern North Carolina and the other in North Baltimore in northwest Ohio.

CSX expects to complete construction of both the North Carolina project, known as the Carolina Connector or CCX, and the northwest Ohio project in early 2021.

CCX will be located on the CSX network and near the Triangle...

https://s29755.pcdn.co/news/progress-continues-on-construction-of-csx-intermodal-terminals

CSX boosts Ohio intermodal terminal

When CSX Transportation opened its huge intermodal terminal in North Baltimore, Ohio nearly eight years ago, it promoted a vision of unloading containers from inbound trains from various cities and sorting them onto new trains for outbound destinations.

The idea was to build volume for origins and destinations that didn’t generate enough traffic to warrant dedicated trains in specific service lanes.

Transfers between trains and trucks were provided for, but at least at the beginning were expected...

http://container-news.com/csx-boosts-ohio-intermodal-terminal/