Chicago Rail Bypass Project Under STB Scrutiny

Chicago Rail Bypass Project Under STB Scrutiny

The U.S. Surface Transportation Board (STB) has requested Great Lakes Basin Transportation (GLBT) to supplement information regarding its proposed Chicago rail bypass project. This includes a list of served cities, financial statements, and shareholder information. The project aims to alleviate rail congestion in the Chicago hub but faces opposition from railroad companies and environmental groups, as well as challenges related to financial transparency. The STB's decision primarily addresses procedural issues, leaving the project's future uncertain. The additional information will allow the STB to properly evaluate the project's impact and feasibility.

01/28/2026 Logistics
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Bill of Lading Crucial for International Trade Efficiency

Bill of Lading Crucial for International Trade Efficiency

This article provides an in-depth analysis of the three core functions of a Bill of Lading (B/L): a receipt for goods, evidence of a contract of carriage, and a document of title. It elaborates on various types of B/Ls, categorized by whether the goods are loaded on board, the consignee designation, the presence of endorsements, the issuance format, and the mode of transport. The article also highlights crucial practical considerations, aiming to provide readers with a comprehensive understanding of B/Ls, mitigate risks, and ensure the smooth operation of international trade.

BNSF Acquisition Sparks Shippers Concerns Over Rising Freight Costs

BNSF Acquisition Sparks Shippers Concerns Over Rising Freight Costs

The Surface Transportation Board (STB) of the U.S. Department of Transportation held hearings on Berkshire Hathaway's acquisition of BNSF Railway, focusing on whether the $8.1 billion acquisition premium should be included in BNSF's cost base, thus impacting freight pricing. Shippers expressed concerns about potential freight rate increases and urged the STB to protect their interests. Experts suggested breaking the regulatory cycle. This case concerns fair competition and efficiency improvement in rail transport, and the outcome will have a profound impact on the industry. The core issue is whether the premium should be considered when calculating BNSF's costs.

01/22/2026 Logistics
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New Westminster Airport Shuts Down Amid Severe Weather

New Westminster Airport Shuts Down Amid Severe Weather

New Westminster Airport (IATA code: YBD) is now closed. It is located at latitude 49.2166667 and longitude -122.9, within the America/Vancouver time zone (GMT -7:00). No weather data is currently available, so travelers are advised to plan their trips in advance to avoid any inconveniences caused by the airport closure.

Vietnam Gains Visafree Entry to Malaysia China Faces Quarantine

Vietnam Gains Visafree Entry to Malaysia China Faces Quarantine

Malaysia offers a visa-free policy for Vietnamese citizens, allowing stays of up to 30 days. However, a 14-day mandatory quarantine is still required upon entry into China, with costs borne by the traveler. Exemptions may be possible under special circumstances. Travelers are strongly advised to consult the embassy or consulate for the latest policy updates before traveling.