GLG News by Intermodal Railcar Experts

    The decision by the U.S. Court of Appeals for the District of Columbia Circuit striking down the Clean Air Interstate Rule (CAIR) will affect emissions control spending in the immediate term.

    The U.S. Court of Appeals for the District of Columbia Circuit struck down the EPA’s Clean Air Interstate Rule (CAIR) to reduce NOx and SO2 in 28 Eastern United States.  This follows a court decision striking down EPA’s Clean Air Mercury Rule (CAMR).      ...

    Railroads, unlike airlines and trucking firms, are able to pass along the high cost of fuel in  transportation agreements.  Below discusses this and the value to the railroads for coal transportation.

A second container vessel will make weekly stops at CN’s container terminal in Prince Rupert BC potentially bringing 1000 more containers per week to CN for movement to the Midwest and possibly raising the terminal’s inbound volume to over 2,000 containers per week.  At that volume, more than one...

JHT Holdings, Kenosha, Wis., is filing a "pre-packaged" Chapter 11 bankruptcy proceeding. Officials of the company are optimistic the company has support of lenders in a plan that would provide $25 million in financing while reducing its debt by 40 percent. JHT's move follows the June 13 closing of...

  New York City Mayor Michael Bloomberg's scheme to charge drivers $8 per vehicle to drive in lower Manhattan during business hours was attacked by drivers, the trucking industry and eventually was shot down by the New York State legislature in Albany.   But the combination of $4.50 per-gallon...

  The Surface Transportation Board's decision to declare rate relief for chemical maker DuPont in a captive shipper rate case is not unprecedented, but it  is stunning.   DuPont is eligible for rate relief up to $3 million over a five-year period. Not a deal-breaker for the Class 1's,...

On June 30, 2008, the STB ruled that CSX was charging excessively high rates to Dupont for several movements of chemical products and ordered the railroad to reduce them and pay reparations to Dupont . Several weeks ago, the STB ruled that UP had overcharged a Kansas Utility and ordered them to reduce...

The Association of American Railroads (AAR) reported that the Midwest Floods “continued to negatively impact rail freight traffic” during last week, a statement easily verified by a quick check of the weekly carloads of the UP RR which showed at 10% drop in carload for the week ending June 21. However,...

  After 67 years of service, Michigan-based Alvan Motor Freight is ceasing operations and will file for Chapter 11 bankruptcy protection.    A Teamsters-covered carrier, Alvan is the latest victim of the brutal operating and cost environment facing all U.S. trucking companies. Alvan President...