OSAKA, Japan, Oct. 1, 2019 (Press Release) -Rengo Co., Ltd. (Head Office: Kita-ku, Osaka; Chairman, President & CEO: Kiyoshi Otsubo) announces it has started work on the construction of a new logistics center—tentatively named Yodogawa Logistics Center—at Fukushima-ku, Osaka-shi.Read more
SAULT STE. MARIE, ON, Oct. 9, 2019 (Sault Star) -Huron Central Railway says it will cease operations in early 2020 because it hasn’t received the financial support from the federal or provincial government to make necessary improvements to the rail line.Read more
SAN FRANCISCO, Oct. 2, 2019 (Fastmarkets RISI) -North American forest products rail freight was down 8.6% in the latest week ending Sept. 28 from a year ago, and through 39 weeks of 2019 was 5.4% lower to 656,871 carloads, the Assn of American Railroads reported.
Year-to-date US forest products rail volume was down 4.2% from a year ago at 385,626 carloads, Canada was 7% lower to 328,910 carloads and Mexico was down 10.9% to 1,038 carloads, AAR showed.
Year-to-date total forest products freight was 4.8% lower in mid-August from a year ago.Read more
LYONS, GA, Oct. 1, 2019 (Business Wire) -Genesee & Wyoming Inc. (G&W)(NYSE:GWR) today announced that its subsidiary Georgia Central Railway, L.P., a 211-mile short line freight railroad operating between Macon and Savannah, has upgraded its entire line to handle 286,000-lb. railcar loadings, matching the capacity of connecting national railroads.Read more
SAVANNAH, GA, Sept. 24, 2019 (Press Release) -The Georgia Ports Authority achieved its busiest month ever for containerized trade in August, handling 437,750 twenty-foot equivalent container units. At the GPA Board meeting Tuesday, Executive Director Griff Lynch reported August volumes grew by 62,000 TEUs or 16.5 percent compared to the same month last year.Read more
The investment made by BillerudKorsnäs in the new KM7 machine at the Gruvön mill is the company’s biggest investment to date and one of the largest industrial investments in Sweden in recent years.Read more
The new mill located in Lençóis Paulista, state of São Paulo, will increase its current production capacity of 250,000 tons to 1.5 million tons per year. The new mill will be a flexible line, designed primarily to produce dissolving pulp to supply internal integrated demand.
Pöyry has been involved with the Star Project since the beginning and was responsible for conceptual study, environmental licensing support, basic engineering, and detail engineering for the site infrastructure and access road duplication. The completion of the Star Project is scheduled for 2021.
The company‘s Houston, Polar, Prince George and Fort St. John sawmills were curtailed the week of September 3rd. In addition, Canfor’s Plateau and Houston mills transitioned to a four-day work week, which will remain in effect until market and economic conditions support a return to the full operating schedule of five days per week. The curtailments are due to the ongoing low price of lumber and the high cost of fibre, which are making the operating conditions in BC uneconomic.
These curtailments are in addition to all previously announced capacity reductions