Posted 06/13 · 08:06 AM · LM EditorialClass I railroad carrier Canadian Pacific (CP) recently announced it will be a tenant at the Western Canada-based Global Transportation Hub (GTH). CP’s plans for a new intermodal facility at the Global Transportation Hub were announced in December, 2007.
Posted 06/10 · 01:07 PM · LM EditorialCarload volume—at 273,584—was up 1.1 percent annually, but behind the week ending May 28 at 288,049 and the weeks ending May 21 and May 14 at 295,148 and 294,271l, respectively. It was also behind the week ending April 2, which hit 305,905 carloads, marking the highest weekly carload tally since the end of 2008.
Posted 06/09 · 07:45 AM · LM EditorialRailroad carload traffic in May was flat year-over-year with a 0.5 percent annual gain, according to the Association of American Railroads (AAR). Intermodal saw steady gains compared to last year.
Posted 06/07 · 12:25 PM · LM EditorialNS 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 North East. This facility, which is located on a 316-acre site in McCalla, Alabama, is expected to open in late 2012.
Posted 06/03 · 07:41 AM · LM EditorialCarload volume—at 288,049—was up 0.7 percent compared to the same timeframe last year and is behind the week ending May 21 at 295,148 and the week ending May 14 at 294,271. It was also behind the week ending April 2, which hit 305,905 carloads, marking the highest weekly carload tally since the end of 2008.
Posted 05/31 · 11:22 AM · LM EditorialThe United States Department of Transportation’s Bureau of Transportation Statistics (BTS) reported today that trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 15.6 percent in March 2011 compared to March 2010 increasing to $80.8 billion.
Posted 05/27 · 08:16 AM · LM EditorialCarload volume—at 295,148—was up 2.3 percent compared to the same timeframe last year and slightly ahead of the week ending May 14 at 294,271. It was also behind the week ending April 2, which hit 305,905 carloads, marking the highest weekly carload tally since the end of 2008.
Posted 05/20 · 11:53 AM · LM EditorialEarlier today, my inbox pointed me to an e-mail from the American Trucking Associations (ATA), which highlighted the fact that the United States freight economy—especially trucking—is poised for liftoff following the depths of the Great Recession. This information is gleaned from the ATA’s U.S. Freight Transportation Forecast to 2022, which was put together by the ATA, IHS Global Insight, and Martin Labbe Associates.
Posted 05/20 · 08:38 AM · LM EditorialCarload volume—at 294,271—was up 1.6 percent annually and ahead of the week ending May 7 at 281,860.
Posted 05/19 · 11:21 AM · LM EditorialThe National Gateway is a roughly $850 million public-private partnership (PPP) infrastructure initiative designed to provide a highly efficient freight transportation link between the Mid-Atlantic ports and the Midwest. It was first unveiled by CSX in May 2008.