Comprehensive coverage of rail freight/intermodal transportation management including logistics, shippers, carriers, shipping rates, tariffs, costs and rail loads and volumes.

CSX posts record first quarter earnings

Posted 04/18 · 10:55 AM · LM Editorial
Class I railroad carrier CSX last night reported record first quarter earnings of $449 million and $0.43 per share. The earnings per share performance exceeded Wall Street expectations of $0.38 per share and was up 23 percent annually.
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Rail carload and intermodal volumes remain mixed, says AAR

Posted 04/13 · 08:00 AM · LM Editorial
Carload volume—at 270,974—was down 7.7 percent annually, and intermodal volumes—at 231,153—were up 1.1 percent.
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March 2012 carload and intermodal volumes are mixed, says AAR

Posted 04/06 · 09:51 AM · LM Editorial
March carloads—at 1,123,298—were down 69,190 carloads or 1.9 percent annually. Intermodal—at 928,350 trailers and containers—was up 31,348 units or 2.4 percent compared to March 2011.

Volumes are mixed again for the week ending March 24, says AAR

Posted 03/30 · 09:34 AM · LM Editorial
Carload volume—at 278,393—was down 7.2 percent annually and slightly below the week ending March 17 at 278,420.

STB holds hearing on Berkshire Hathaway acquisition of BNSF, regarding acquistion premium

Posted 03/26 · 02:31 PM · LM Editorial
Last week, the Department of Transportation’s Surface Transportation Board (STB) held a public hearing to explore the impact of Berkshire Hathaway’s acquisition of the BNSF Railway Company on “certain costing determinations.”

AAR reports mixed volumes for week ending March 17

Posted 03/23 · 09:21 AM · LM Editorial
Carload volume—at 278,420—was down 5.3 percent annually and slightly below the week ending March 10 at 278,728 and also below the week ending March 3 at 283,312.

AAR reports mixed volumes for week ending March 10

Posted 03/16 · 01:52 AM · LM Editorial
Carload volume-at 278,728-was down 4.8 percent annually, and intermodal-at 226,039 trailers and containers—was up 4.2 percent annually.
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CN expands intermodal services out of the Port of Prince Rupert

Posted 03/14 · 09:48 AM · LM Editorial
Class I railroad carrier CN said this week it has introduced new import/export container train services between the Port of Prince Rupert, British Columbia and Calgary and Edmonton, effective June 2012.

AAR reports mixed volumes for February 2012

Posted 03/09 · 10:21 AM · LM Editorial
February carloads—at 1,410,992—were down 1.9 percent annually. And intermodal—at 1,122,458 trailers and containers—was up 2.4 percent compared to February 2011.
NewsRail FreightIntermodalAARCarload

Union Pacific CEO takes medical leave

Posted 03/02 · 02:36 PM · LM Editorial
Earlier today, Class I railroad carrier Union Pacific reported that Chairman, President and CEO James R. Young is taking a medical leave of absence while being treated for pancreatic cancer.

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