Archive for June 11, 2019

Slumping coal exports threaten rail and ocean shipping demand

(Source: Freight Waves, June 10, 2019)  CHATTANOOGA, Tenn. — Foreign buyers of U.S. coal threw a lifeline to America’s embattled mines in 2017-18. As domestic demand dwindled in the face of environmental regulation and competition from natural gas, export markets helped fill the gap, giving the coal industry a much-needed boost. But the tide has…

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Freight railroads consider hiring outside the industry

(Source: Freight Waves, June 10, 2019)  CHATTANOOGA, Tenn. — The transition to e-commerce and anticipated advances in automated trucking are forcing the freight railroads to adapt to supply chains that require railroads to be more responsive and nimble. One way that the railroads are seeking to address this challenge is by hiring executives outside of…

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