Posted 04/02 · 10:18 AM · LM EditorialA few weeks shy of their respective first quarter earnings announcements East Coast-based Class I railroads Norfolk Southern and CSX are feeling pretty good about their businesses.
Posted 03/29 · 08:38 AM · LM EditorialThe Association of American Railroads (AAR) reported this week that United States carload and intermodal volumes followed last week’s lead and were both up—rather than the months-long trend of mixed—for the week ending March 23.
Posted 03/28 · 11:14 AM · LM EditorialThe Association of American Railroads (AAR) reported in February that U.S. Class I railroads originated a record 233,811 carloads of crude oil in 2012, representing a 256 percent gain (not a typo) from the 65,751 carloads of crude oil originated in 2011.
Posted 03/15 · 08:36 AM · LM EditorialCarload volume—at 276,698—was down 0.9 percent, and intermodal—at 235,174 containers and trailers—was up 4 percent annually.
Posted 03/01 · 01:20 PM · LM EditorialCarload volume—at 278,059—was down 1.2 percent annually, and intermodal volume—at 238,083 containers and trailers—was up 11 percent.
Posted 02/27 · 01:05 PM · LM EditorialLM Group News Editor Jeff Berman recently spoke with Dave Howland, vice president, Land Transport, for APL Logistics, to get his take on all things intermodal, the mode’s growth prospects, and how a slowly improving economy can pave the way for more intermodal success down the road.
Posted 02/20 · 12:56 PM · LM EditorialTwo subsidiaries of freight and global logistics and transportation service provider Con-way Inc.—Con-way Truckload and Con-way Multimodal—have rolled out a new intermodal service geared towards North American shippers.
Posted 02/08 · 11:43 AM · LM EditorialIANA said that 2012 was a record year for intermodal container movements at roughly 13,108,672 million, which topped 2011 by 5.9 percent and the previous high in 2007 by 9.8 percent.
Posted 02/08 · 11:39 AM · LM EditorialJanuary carloads—at 1,339,604—were down 6.3 percent annually. Intermodal—at 1,168,630 trailers and containers—was up 5.3 percent compared to January 2012.
Posted 02/05 · 11:34 AM · LM EditorialClass I railroad carrier Canadian Pacific (CP) said this week that Keith Creel has been named president and COO, effective today. Creel joins CP from Canadian National Railway Company (CN), where he served as vice president and chief operating officer.