http://www.risi.comThe leading information provider for the global forest products industryen-usWed, 8 Feb 2012 14:48:31 -0500Copyright 2008 RISI, Inc.http://www.risi.com/community/images/Risi_logo.jpghttp://www.risi.com14428Visit www.risi.comhttp://www.risi.com/techchannels/transportation/Overcapacity-send-bulk-shipping-index-to-historic-low.html?source=rssThe Baltic Dry Index (BDI) officially fell off a cliff last week, with the composite dropping to 647 points and marking a new historic low for the 26 year old index. Managed by the London-based Baltic Exchange, the BDI officially measures short-term rates for shipping bulk raw materials, such as iron ore, coal and forest products, throughout the global commodities market. The Baltic index is also traditionally used a key indicator of earnings for bulk carriers.http://www.risi.com/techchannels/transportation/Overcapacity-send-bulk-shipping-index-to-historic-low.html?source=rssMon, 6 Feb 2012 00:00:00 -0500http://www.risi.com/techchannels/transportation/Expanding-timber-exports-at-Swedens-Port-of-Varberg.html?source=rssTimberbridge is a new collaborative venture in Varberg which aims to create a more integrated service for shippers exporting via the port.http://www.risi.com/techchannels/transportation/Expanding-timber-exports-at-Swedens-Port-of-Varberg.html?source=rssMon, 6 Feb 2012 00:00:00 -0500http://www.risi.com/techchannels/transportation/Harmac-Pulp-mill-in-BC-cautious-of-impact-to-shipping-options-from-Catalyst-closure-of-Crofton-mill-From-the-web.html?source=rssCatalyst Paper's financial troubles could also lead to problems for Nanaimo's Harmac pulp mill.http://www.risi.com/techchannels/transportation/Harmac-Pulp-mill-in-BC-cautious-of-impact-to-shipping-options-from-Catalyst-closure-of-Crofton-mill-From-the-web.html?source=rssMon, 6 Feb 2012 00:00:00 -0500http://www.risi.com/techchannels/transportation/North-America-pulp-and-paper-rail-freight-down-5-in-latest-week-lumber-continues-higher.html?source=rssNorth American pulp and paper railroad freight for the latest week ending Jan. 28 at 9,453 carloads was down 5.3% from a year earlier, the Assn of American Railroads reported. http://www.risi.com/techchannels/transportation/North-America-pulp-and-paper-rail-freight-down-5-in-latest-week-lumber-continues-higher.html?source=rssFri, 3 Feb 2012 00:00:00 -0500http://www.risi.com/techchannels/transportation/CN-opens-newest-intermodal-terminal-in-Chippewa-Falls-WI.html?source=rssCN today marked the opening of its newest intermodal terminal at Chippewa Falls in a ribbon-cutting ceremony here. The terminal, located only 100 miles east of Minneapolis/St. Paul, offers Wisconsin and Minnesota customers new supply chain options to ship and receive goods in containers. http://www.risi.com/techchannels/transportation/CN-opens-newest-intermodal-terminal-in-Chippewa-Falls-WI.html?source=rssFri, 3 Feb 2012 00:00:00 -0500http://www.risi.com/techchannels/transportation/Eastport-Port-Authority-in-Maine-says-no-woodchip-export-agreement-reached-after-erroneous-report.html?source=rssThe Eastport Port Authority in Eastport, ME, said no agreement had been reached about an export woodchip operation at the facility. The port clarified the situation after a third-party press release was issued in error and was rescinded. http://www.risi.com/techchannels/transportation/Eastport-Port-Authority-in-Maine-says-no-woodchip-export-agreement-reached-after-erroneous-report.html?source=rssFri, 3 Feb 2012 00:00:00 -0500http://www.risi.com/techchannels/transportation/RailAmerica-to-acquire-Marquette-Rail-in-Michigan-for-40-million.html?source=rssRailAmerica today announced that it has signed an agreement to acquire Marquette Rail LLC for $40 million subject to final adjustments for working capital. The acquisition is subject to customary closing conditions and Surface Transportation Board approval.http://www.risi.com/techchannels/transportation/RailAmerica-to-acquire-Marquette-Rail-in-Michigan-for-40-million.html?source=rssWed, 1 Feb 2012 00:00:00 -0500http://www.risi.com/techchannels/transportation/RailAmerica-to-acquire-majority-interest-in-the-Wellsboro-and-Corning-Railroad-and-Industrial-Waste-Group-in-Pennsylvania-and-New-York-for-18-million.html?source=rssRailAmerica today announced that it has signed an agreement to acquire a seventy-percent interest in the Wellsboro and Corning Railroad ("WCOR") and Industrial Waste Group ("IWG") from Myles Group for $18 million. Members of the Myles family will retain the remaining thirty-percent interest in the companies and continue in senior leadership roles. The acquisition is subject to customary closing conditions and is expected to be completed early in the second quarter of 2012.http://www.risi.com/techchannels/transportation/RailAmerica-to-acquire-majority-interest-in-the-Wellsboro-and-Corning-Railroad-and-Industrial-Waste-Group-in-Pennsylvania-and-New-York-for-18-million.html?source=rssWed, 1 Feb 2012 00:00:00 -0500http://www.risi.com/techchannels/transportation/Weekly-North-American-pulp-and-paper-rail-freight-off-18-lumber-up-62.html?source=rssNorth American pulp and paper rail freight for the week ending Jan. 21 was down 1.8% from a year ago to 9,420 carloads, the Assn of American Railroads reported. Volume through three weeks of 2012 at 28,579 carloads was 2.3% lower than in 2011. http://www.risi.com/techchannels/transportation/Weekly-North-American-pulp-and-paper-rail-freight-off-18-lumber-up-62.html?source=rssFri, 27 Jan 2012 00:00:00 -0500http://www.risi.com/techchannels/transportation/Union-Pacific-Railroad-and-UPS-achieve-perfect-peak-season-in-2011-deliver-100-of-UPS-peak-season-freight-without-service-failure.html?source=rssUnion Pacific Railroad and UPS achieved a perfect peak season in 2011 by delivering 100 percent of UPS peak-season freight without a service failure. http://www.risi.com/techchannels/transportation/Union-Pacific-Railroad-and-UPS-achieve-perfect-peak-season-in-2011-deliver-100-of-UPS-peak-season-freight-without-service-failure.html?source=rssFri, 20 Jan 2012 00:00:00 -0500http://www.risi.com/techchannels/transportation/Canadian-Pacific-Railway-to-invest-up-to-12B-in-infrastructure-renewal-as-part-of-multi-year-plan-to-improve-service-and-increase-network-capacity.html?source=rssCanadian Pacific Railway Limited today announced that, as part of the Company's Multi-Year Plan, CP will invest between $1.1 billion and $1.2 billion for infrastructure renewal, network enhancements and expansion projects in 2012. The 2012 Capital Plan will focus on strategic and targeted investments to improve service and increase network capacity while funding business development and initiatives with rapid return on investment.http://www.risi.com/techchannels/transportation/Canadian-Pacific-Railway-to-invest-up-to-12B-in-infrastructure-renewal-as-part-of-multi-year-plan-to-improve-service-and-increase-network-capacity.html?source=rssWed, 18 Jan 2012 00:00:00 -0500http://www.risi.com/techchannels/transportation/North-America-pulp-and-paper-rail-traffic-up-21-in-2011-latest-week-off-09.html?source=rssNorth American pulp and paper railroad freight traffic at 496,627 carloads in 2011 was 2.1% higher than in 2010 and was 4.7% higher than in 2009, according to Assn of American Railroads statistics. http://www.risi.com/techchannels/transportation/North-America-pulp-and-paper-rail-traffic-up-21-in-2011-latest-week-off-09.html?source=rssFri, 13 Jan 2012 00:00:00 -0500http://www.risi.com/techchannels/transportation/Shotgun-the-presses-faster-handling-of-newsprint-reels.html?source=rss The latest generation of high speed newspaper presses require a totally reliable, seamless supply chain to manage the required high volumes of dense, heavy reels of paper. 'Just in time' deliveries are planned and precisely scheduled - and vehicle turnaround times need to be optimised for good fleet utilisation. There is little or no margin (or indeed tolerance) for getting it wrong. http://www.risi.com/techchannels/transportation/Shotgun-the-presses-faster-handling-of-newsprint-reels.html?source=rssFri, 6 Jan 2012 00:00:00 -0500http://www.risi.com/techchannels/transportation/Weekly-North-American-pulp-and-paper-rail-freight-up-15-up-23-through-51-weeks-lumber-surges.html?source=rssNorth American pulp and paper railroad freight traffic for the latest week ending Dec. 24 was up 1.5% from a year ago to 9,998 carloads, the Assn of American Railroads reported. Volume through 51 weeks of 2011 at 486,269 carloads was 2.3% higher than in 2010. http://www.risi.com/techchannels/transportation/Weekly-North-American-pulp-and-paper-rail-freight-up-15-up-23-through-51-weeks-lumber-surges.html?source=rssMon, 2 Jan 2012 00:00:00 -0500http://www.risi.com/techchannels/transportation/CN-completes-merger-of-Midwest-subsidiaries-DMIR-DWP-into-Wisconsin-Central.html?source=rssCN announced today it will complete the merger of three of its U.S. operating subsidiaries on Dec. 31, 2011 . The merger of Duluth , Missabe and Iron Range Railway Company (DMIR), Duluth , Winnipeg and Pacific Railway Company (DWP), and Wisconsin Central Ltd. (WC) will simplify CN's corporate structure and operations by combining these three separate connecting rail affiliates into a single entity -- Wisconsin Central Ltd. http://www.risi.com/techchannels/transportation/CN-completes-merger-of-Midwest-subsidiaries-DMIR-DWP-into-Wisconsin-Central.html?source=rssFri, 30 Dec 2011 00:00:00 -0500http://www.risi.com/techchannels/transportation/US-containerized-exports-drop-3-in-October-economist-for-The-Journal-of-CommercePIERS-predicts-slow-growth-in-2012.html?source=rssU.S. containerized exports dropped 3 percent year-over-year in October after a strong third quarter, an abrupt brake that included the first decline in motor vehicle exports in more than a year, reported The Journal of Commerce/PIERS. Year-to-date export volume was still up 7.1 percent, however. JOC/PIERS Economist Mario O. Moreno forecasts a 5.8 percent growth for 2011 slowing to 3.8 percent for full year 2012. http://www.risi.com/techchannels/transportation/US-containerized-exports-drop-3-in-October-economist-for-The-Journal-of-CommercePIERS-predicts-slow-growth-in-2012.html?source=rssWed, 21 Dec 2011 00:00:00 -0500http://www.risi.com/techchannels/transportation/Weekly-North-American-pulp-and-paper-rail-freight-drops-46.html?source=rssNorth American pulp and paper railroad freight volume in the latest week ending Dec. 3 was down 4.6% from a year ago to 9,687 carloads, the Assn of American Railroads reported. http://www.risi.com/techchannels/transportation/Weekly-North-American-pulp-and-paper-rail-freight-drops-46.html?source=rssFri, 9 Dec 2011 00:00:00 -0500http://www.risi.com/techchannels/transportation/Maine-railway-sale-to-benefit-Twin-Rivers-Paper-mill-in-Madawaska-From-the-web.html?source=rssMontreal, Maine & Atlantic Railway announced a tentative deal Tuesday to sell 25 miles of railroad tracks and effectively end a long-running dispute by allowing another shipper access to a Madawaska paper mill.http://www.risi.com/techchannels/transportation/Maine-railway-sale-to-benefit-Twin-Rivers-Paper-mill-in-Madawaska-From-the-web.html?source=rssTue, 6 Dec 2011 00:00:00 -0500http://www.risi.com/techchannels/transportation/Coming-to-Koper.html?source=rss TPG Logistics is building a new vision for logistics to serve Europe's need for an efficient solutions provider in the eastern Mediterranean. http://www.risi.com/techchannels/transportation/Coming-to-Koper.html?source=rssMon, 5 Dec 2011 00:00:00 -0500http://www.risi.com/techchannels/transportation/North-American-pulp-and-paper-freight-lower-in-latest-week-US-rail-strike-averted.html?source=rssNorth American pulp and paper rail freight in the latest week ending Nov. 26 was down 4.3% from a year ago to 9,551 carloads, the Assn of American Railroads reported. Through 47 weeks of 2011, pulp and paper freight at 448,468 carloads was 2.8% higher than in 2010. http://www.risi.com/techchannels/transportation/North-American-pulp-and-paper-freight-lower-in-latest-week-US-rail-strike-averted.html?source=rssFri, 2 Dec 2011 00:00:00 -0500http://www.risi.com/techchannels/transportation/US-rail-strike-averted-as-agreements-reached-with-remaining-unions.html?source=rssThe nation's major freight railroads today reached tentative agreements with the Brotherhood of Locomotive Engineers and Trainmen and the American Train Dispatchers Association, which together represent about 26,500 employees in collective bargaining. The last remaining union without a settlement, the Brotherhood of Maintenance of Way Employes (BMWE), has agreed with the railroads to extend the "cooling off" period until Feb. 8, 2012, eliminating the immediate threat of a national rail strike. http://www.risi.com/techchannels/transportation/US-rail-strike-averted-as-agreements-reached-with-remaining-unions.html?source=rssThu, 1 Dec 2011 00:00:00 -0500http://www.risi.com/techchannels/transportation/Ledcor-unit-inaugurates-marine-transportation-service-to-Howe-Sound-Pulp-and-Paper-acquires-woodfiber-processor-in-British-Columbia.html?source=rssLedcor Resources and Transportation, a division of the Ledcor Group of Companies, announced today that it has taken delivery of twelve new barges to inaugurate its marine transportation service to Howe Sound Pulp and Paper and that it has acquired Renew Resources, a BC based company that specializes in the processing of wood fibre in the interior. Renew produces the woodchips and hog fuel that will be transported to customers by truck and Ledcor's new barges. http://www.risi.com/techchannels/transportation/Ledcor-unit-inaugurates-marine-transportation-service-to-Howe-Sound-Pulp-and-Paper-acquires-woodfiber-processor-in-British-Columbia.html?source=rssWed, 30 Nov 2011 00:00:00 -0500http://www.risi.com/techchannels/transportation/US-railroads-unions-fail-to-reach-agreement-on-extension-of-u201Ccooling-offu201D-period.html?source=rssThe nation's freight railroads have not reached agreements with the Brotherhood of Locomotive Engineers and Trainmen and the American Train Dispatchers Association to extend the current "cooling off" period. The railroads' proposed extension - which a third union, the Brotherhood of Maintenance of Way Employes, accepted - was contingent upon the acceptance by all three unions. Absent an extensionof the "cooling off" period or tentative settlement agreements, these unions and the railroads will be free under the Railway Labor Act to exercise "self-help" at 12:01AM on Dec. 6.http://www.risi.com/techchannels/transportation/US-railroads-unions-fail-to-reach-agreement-on-extension-of-u201Ccooling-offu201D-period.html?source=rssTue, 29 Nov 2011 00:00:00 -0500http://www.risi.com/techchannels/transportation/Weekly-US-pulp-and-paper-rail-freight-climbs-Canada-falls-strike-threat-eases.html?source=rssNorth American pulp and paper rail freight for the week ending Nov. 12 was off 0.1% from a year ago to 9,248 carloads. Volume through 45 weeks of 2011 at 430,025 carloads was 3.1% higher than the same period of 2010, the Assn of American Railroads reported. http://www.risi.com/techchannels/transportation/Weekly-US-pulp-and-paper-rail-freight-climbs-Canada-falls-strike-threat-eases.html?source=rssFri, 18 Nov 2011 00:00:00 -0500http://www.risi.com/techchannels/transportation/Weekly-North-American-pulp-and-paper-freight-down-18-lumber-rises-155.html?source=rssNorth American pulp and paper railroad freight was off 1.8% in the latest week ending Nov. 5 compared with a year earlier, the American Assn of Railroads reported. Volume through 44 weeks of 2011 at 420,777 carloads was 3.1% above the same period last year. http://www.risi.com/techchannels/transportation/Weekly-North-American-pulp-and-paper-freight-down-18-lumber-rises-155.html?source=rssFri, 11 Nov 2011 00:00:00 -0500