Rail shipments of coal continue to slump
Coal carloads fell by over a third y/y in the week ending 12 March to hit another low.
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Coal carloads fell by over a third y/y in the week ending 12 March to hit another low.
China Shenhua Energy Co., the listed arm of Chinese largest coal company, Shenhua Group, has recorded a 21.2% fall in sales in February.
Glencore is looking to sell its GTrain coal haulage business as part of a global push to reduce its massive debt pile.
Making the case for more frequent physical inventory counts.
Three Chicago-based investors acquire fleet of railcars and launch new railcar leasing company: Riverside Rail.
Joy Global has reported first quarter fiscal 2016 operating results and indicates its outlook for the year.
Norfolk Southern has combined railway operating regions into two regions in order to streamline operations, drive profitability and support quality service.
Shenhua’s ports at Huanghua and Tianjin saw a substantial increases in the volume of coal handled in January 2016.
A round-up of some of this week's key news items from the international coal industry, from recent coal plant updates to the latest corporate affairs.
According to a US EIA report, coal consumption in the electric power sector decreased 18% from 2008 to 2014 in the US yet coal shipments made either exclusively or partly by rail has remained near 70%.
The Timken Co. appoints Roellgen, Ruel and Connors to Executive Sales and Marketing roles.
Adani Ports and Special Economic Zone Ltd has released its financial results for 2015.