Intermodal

“We are proud to support so many outstanding infrastructure projects in communities large and small, modernizing America’s transportation systems to make them safer, more affordable, more accessible, and more sustainable,” U.S. Transportation Secretary Pete Buttigieg said during the FY22 RAISE program grant announcement.

First Look: Rail-Related RAISE Grantees for FY22

More than $332 million in FY 2022 RAISE (Rebuilding American Infrastructure with Sustainability and Equity) program grants will be distributed among 23 freight and passenger rail-related projects in 17 states, according to a U.S. Department of Transportation (USDOT) report released Aug. 11.

IntelliTrans Marks 30 Years

IntelliTrans, a global provider of multi-modal supply chain and logistics solutions for bulk and break-bulk product manufacturers, this year marks 30 years in business.

CDL 1000 says it promises a 24-hour turnaround to pull any container and clear it out of a U.S. port or rail yard.

CDL 1000 Promises 24-Hour Turnaround

Technology service platform CDL 1000 announced on Aug. 9 a pledge to “save shippers up to half their overall transportation costs by reducing demurrage and rail yard storage fees.” The company says

Dwayne Cowan, President, Thermo King EMEA and Global Marine, Air and Rail. (Photo: Business Wire)
  • News

People News: Trane Technologies, STV

Trane Technologies appoints Dwayne Cowan president of Thermo King Europe, Middle East and Africa (EMEA), and Global Marine, Air and Rail. Also, STV appoints Matthew Smeltzer, CPA, Corporate Controller. Trane Technologies Trane

Intermodal Briefs: IANA, Istmo

The Intermodal Association of North America (IANA) reports the decline in intermodal volumes slowed in second-quarter 2022. Also, Istmo Energy has commenced operations at its Pecos-East Rail Terminal in Texas.

(Photograph Courtesy of Wabtec)

Wabtec: ‘Strong’ 2Q22 Results, Backlog Grows

Wabtec Corp. delivered “strong” second-quarter 2022 financial results, with year-over-year growth in total sales (up 1.8%, carried by the Freight segment) and backlog (up 7.9%), despite “rising costs, continued supply chain challenges and significant unfavorable foreign currency exchange,” the company reported Aug. 5.