Hints and tips:
...While it has been hit hard by a decline in coal shipments, it also suffers by comparison to other North American lines on measures such as train speeds and the amount of time cars stand in terminals....
...“You actually have to pay someone to take your cars,” says Dan Mack, vice-president of agricultural transportation and terminals at CHS, a large US grain merchant....
...All were industries that appeared to be in terminal decline 15 years ago....
...BNSF’s trains slowed down from last October as the company experienced surging grain, crude oil and intermodal – container and trailer – traffic....
...“You’re going to see the trains coming out quicker,” Bob Wentz, general manager of Bakken Transload, a terminal handling equipment and other supplies for the North Dakota shale industry....
...The rail yard is busy at Lamberts Point Coal terminal. Coal cars squeal as they roll down a slope towards a pair of vast cylindrical machines....
...Wick Moorman, NS’s chief executive, said that, despite the declines in coal shipments, it had seen steady gains in intermodal traffic – carrying containers and trailers – chemicals, automotive and materials...
...“We’re not going to reduce our capital investments in our intermodal business because of our concern about the Panama Canal,” he says....
...Metallurgical coal shipments from US ports were up 7 per cent year-on-year in July, and vessel queues at US coal terminals remain high....
...World Terminals....
...The container business is known as intermodal....
...But some forms of traffic, including automotive parts and intermodal traffic – goods moved in shipping containers – were down sharply from their peak....
...As the Eugen Maersk, one of the world’s largest container ships, sits at Tangier Container Terminal, on Morocco’s Mediterranean coast, it is easy to imagine that the world’s transport and logistics industry...
...Those that play to Dubai's strengths, such as P&O, make sense although DPW is estimated to have paid a rich 14 times earnings before interest, tax, depreciation and amortisation for CSX World Terminals last...
...The total $9.3bn debt package also includes a refinancing of DP World’s acquisition of CSX World Terminals this year....
...It has operations in Latin America and south-east Asia and last year spent $1.15bn (£650m) buying the international business of Florida-based CSX World Terminals....
International Edition