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Biden Administration backs Amtrak's return to Gulf Coast


Biden Administration backs Amtrak’s return to Gulf Coast
AL.com
5 days ago
John Sharp, al.com
The Biden Administration is officially tossing its support behind Amtrak’s return to the Gulf Coast.
The confirmation came in a letter from John Putnam, acting general counsel with the U.S. Department of Transportation to the U.S. Surface Transportation Board, charged with ruling whether Amtrak can restart a twice-daily service between Mobile and New Orleans. The service also calls for four stops in Mississippi – Pascagoula, Biloxi, Gulfport and Bay St. Louis.
Putnam, within a three-page letter submitted on Monday, urges the STB to “act expeditiously on Amtrak’s application” to restore the service to the Gulf Coast that was interrupted by Hurricane Katrina in 2005. ....

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Rayonier AM shrinking, sales slipping | Jax Daily Record | Jacksonville Daily Record


Rayonier Advanced Materials Inc. more than doubled in size and briefly entered the Fortune 1000 in 2019 after acquiring Montreal-based Tembec Inc. in late 2017.
However, the Jacksonville-based company is getting smaller as it sheds some of the Canadian operations acquired from Tembec to focus on its core cellulose specialties products.
Rayonier AM announced a deal April 12 to sell six lumber mills and one newsprint mill in Canada to Vancouver-based GreenFirst Forest Products Inc. for $214 million.
That deal follows a 2019 sale of a pulp mill in Quebec to South Africa-based Sappi Ltd. for $175 million.
After acquiring Tembec, Rayonier AM’s revenue jumped from $961 million in 2017 to $2.13 billion in 2018, vaulting the company into 951st place on Fortune magazine’s annual list of the 1,000 largest U.S. companies. ....

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Power index: Top 10 Biden appointments affecting freight markets


Power index: Top 10 Biden appointments affecting freight markets
Leaders from across the administration connect supply chain links
Top 10 picks influence rail, ocean, highway freight. (Photo: Jim Allen/FreightWaves & The White House)
While almost every cabinet department and a host of federal agencies within the executive branch touch freight and supply chains in some way, these 10 recent appointees by President Joe Biden will likely figure most prominently in steering freight transportation policy as Biden’s administration gets underway. The list is in alphabetical order by last name.
Pete Buttigieg, secretary, U.S. Department of Transportation (DOT)
(Credit: U.S. DOT)
Background: Buttigieg began campaigning for Biden almost immediately after dropping out of the presidential race in early 2020 and given the endorsement power of the popular former South Bend, Indiana, mayor, it was not a surprise he was rewarded with a cabinet post. Most would not ....

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