Comprehensive coverage of rail freight/intermodal transportation management including logistics, shippers, carriers, shipping rates, tariffs, costs and rail loads and volumes.
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.
Posted 04/25 · 09:14 AM · LM Editorial
The Norfolk, Virginia-based carrier reported first quarter net income of $410 million—or $1.23 per share—which was up 26 percent compared to the first quarter of 2011 and ahead of Wall Street expectations of $1.12 per share.
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.
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.
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.
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.
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.”
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.
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.
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.