Comprehensive coverage of rail freight/intermodal transportation management including logistics, shippers, carriers, shipping rates, tariffs, costs and rail loads and volumes.
Posted 11/07 · 03:16 PM · LM Editorial
While the economic recovery has had its fair share of stops and starts, it may be happening again in earnest on the railways. That is the consensus from John Lanigan, executive vice president and chief marketing officer at BNSF Railway.
Posted 11/07 · 01:08 PM · LM Editorial
October carloads—at 1,215,627—were up 1.7 percent annually. And intermodal—at 975,566 trailers and containers—was up 3.6 percent compared to October 2010.
Posted 11/07 · 09:51 AM · LM Editorial
Despite recent actions taken by the National Industrial Transportation League (NITL) to address an onerous situation, “captive shippers” will continue to pay a monopoly tax on their rail shipments
Posted 11/03 · 09:14 AM · LM Editorial
With a December 31 deadline looming for a short line railroad track maintenance credit looming, the top executive of the American Short Line & Regional Railroad Association (ASLRRA) pulled no punches in explaining why it needs to be extended.
Posted 10/28 · 10:51 AM · LM Editorial
Carload volume—at 301,864—was down 0.5 percent year-over-year and behind the week ending October 15, which hit 303,363.
Posted 10/24 · 09:36 AM · LM Editorial
The news regarding a tepid economic recovery is clearly far from new, we have been reading about it and experiencing it in one way or another for a while now. We have been told that things will be better “soon” on more than one occasion, yet things continue to stagnate.
Posted 10/21 · 09:04 AM · LM Editorial
Carload volume—at 303,363—was flat on an annual basis.
Posted 10/19 · 01:14 PM · LM Editorial
As it has done many times in the past, Class I railroad carrier CSX led off the rail earnings season with a strong performance, reporting record-setting third quarter earnings of $506 million and $0.43 per share.
Posted 10/14 · 01:25 PM · LM Editorial
Taking steps to expand its extensive logistics services menu for shippers, non asset-based third-party logistics (3PL) services provider Transplace said this week it has joined forces with Chicago-based intermodal marketing company (IMC) Celtic International to “form a leading North American logistics provider,” according to company officials.
Posted 10/14 · 09:47 AM · LM Editorial
Carload volume—at 302,500—was up 2.1 percent annually and was behind the week ending October 1, which hit 312,170 carloads, and is the highest weekly carload mark for 2011, according to AAR data.