Comprehensive coverage of rail freight/intermodal transportation management including logistics, shippers, carriers, shipping rates, tariffs, costs and rail loads and volumes.
Posted 11/09 · 11:09 AM · LM Editorial
October carloads—at 1,422,654—were down 6.1 percent, and intermodal—at 1,233,475 trailers and containers—was up 1.5 percent.
Posted 11/06 · 01:29 PM · LM Editorial
Second quarter intermodal loadings—at 3,768,155—were up 3.2 percent annually, which was less than the second quarter’s 5.2 percent annual growth gain and topping the 2.9 percent annual improvement in the first quarter.
Posted 11/06 · 10:38 AM · LM Editorial
A slow growing economy and the staving off of a potential east and gulf coast ports strike translated into mixed shipment and expenditure results in October, according to the October edition of the Cass Freight Index Report from Cass Information Systems.
Posted 11/05 · 10:46 AM · LM Editorial
The Department of Transportation’s Surface Transportation Board (STB) last week announced it is requesting the disclosure of additional information in regards to a new rule regarding interchange commitments underlying a lease or rail-line sale filed with the STB, also known as paper barriers.
Posted 11/02 · 08:31 AM · LM Editorial
Carload volume—at 287,104—was down 7 percent annually, and intermodal volumes—at 253,186 trailers and containers—were up 3.9 percent.
Posted 10/26 · 08:03 AM · LM Editorial
Carload volume—at 288,791—was down 4.4 percent annually, and intermodal volumes—at 253,883 trailers and containers—were up 3.5 percent annually.
Posted 10/25 · 09:08 AM · LM Editorial
CSX and the Commonwealth of Pennsylvania this week heralded the midway point of progress on the first phase of projects for the National Gateway.
Posted 10/19 · 09:32 AM · LM Editorial
Carload volume—at 285,089—was down 6.1 percent compared to the same week a year ago, and intermodal volumes—at 250,826 trailers and containers—were up 2.6 percent annually.
Posted 10/18 · 08:48 AM · LM Editorial
NS officials said the $97.5 million facility is part of the $2.5 billion Crescent Corridor initiative, which aims to establish an efficient, high-capacity intermodal freight rail route between the Gulf Coast and the Northeast. This facility is located on a 316-acre site in McCalla, Alabama.
Posted 10/17 · 08:53 AM · LM Editorial
Leading off third quarter earnings results for Class I railroads, CSX last night reported net earnings of $455 million, which was down 2 percent annually and $0.44 per share, which fell short of Wall Street estimates of $0.47 and ahead of last year’s $0.43.