Comprehensive coverage of rail freight/intermodal transportation management including logistics, shippers, carriers, shipping rates, tariffs, costs and rail loads and volumes.
Posted 05/17 · 12:58 PM · LM Editorial
Class I railroad carrier Canadian Pacific Railway Ltd. said ahead of its annual shareholder meeting earlier today that Fred Green, president and CEO, has left the company. This move comes in the wake of a proxy vote by activist investor Bill Ackman, head of Pershing Square Capital Management, and the single largest CP shareholder with a 14.1 percent stake in the company.
Posted 05/11 · 12:16 PM · LM Editorial
Data from Cass Information Systems in conjunction with investment firm Avondale Partners mostly showed gains for both truckload and intermodal rates in April.
Posted 05/11 · 10:15 AM · LM Editorial
Schneider National and BNSF Railway have inked a new, multi-year agreement in which BNSF will continue to serve as one of Schneider’s primary rail providers for intermodal service.
Posted 05/11 · 08:30 AM · LM Editorial
Carload volume—at 276,136—was down 2 percent annually, and intermodal volumes—at 239,031 trailers and containers—were up 3 percent annually.
Posted 05/04 · 08:38 AM · LM Editorial
April carloads—at 1,113,105—were down 64,335 carloads or 5.5 percent annually. Intermodal—at 946,951 trailers and containers—was up 32,505 units or 3.6 percent compared to April 2011.
Posted 05/03 · 08:37 AM · LM Editorial
Travel can be broadening, especially when it comes to learning about global logistics
Posted 05/01 · 08:00 PM · LM Editorial
Savvy shippers have found ways to put the nation’s rails back to work—and the railroads have flourished. But while current market conditions are favorable
for shippers, questions remain over how the nation’s rail and intermodal network will respond when volume ratchets up past pre-recession levels.
Posted 05/01 · 04:45 AM · LM Editorial
in 2012, the prudent shipper has to be looking for options to traditional long-haul trucking in an attempt to control costs and ensure that capacity is available to sustain operations.
Posted 04/27 · 08:09 AM · LM Editorial
Carload volume—at 282,262—was down 3.6 percent annually and ahead of the week ending April 14 at 276,789 and the week ending April 7 at 270,974.
Posted 04/25 · 10:17 AM · LM Editorial
Class I railroad carriers Norfolk Southern and KCS recently rolled out a new joint intermodal service between central Mexico and the southeastern region of the United States entitled TMX.