Comprehensive coverage of rail freight/intermodal transportation management including logistics, shippers, carriers, shipping rates, tariffs, costs and rail loads and volumes.
Posted 08/02 · 02:12 PM · LM Editorial
Non asset-based third-party logistics services provider Roadrunner Transportation Services (RRTS) said this week it has acquired all of the outstanding stock of The James Brooks Company for approximately $7.5 million.
Posted 08/01 · 10:43 AM · LM Editorial
Posted 07/28 · 12:02 PM · LM Editorial
Rail traffic was up slightly for the week ending July 23, according to data released by the Association of American Railroads (AAR).
Posted 07/22 · 12:34 PM · LM Editorial
A new white paper from global real estate firm Jones Lang LaSalle points to the increasing importance of inland ports as a critical link in the global supply chain.
Posted 07/22 · 07:51 AM · LM Editorial
Rail traffic was mixed for the week ending July 16, according to data released by the Association of American Railroads (AAR).
Posted 07/20 · 01:39 PM · LM Editorial
Class I railroad carrier CSX got things rolling on the tracks with record-setting second quarter earnings of $506 million and $0.46 per share for a 28 percent annual gain. This topped Wall Street estimates in the $0.44 per share range.
Posted 07/15 · 10:24 AM · LM Editorial
Carload volume—at 245,574—was down 3.2 percent year-over-year.
Posted 07/12 · 10:35 AM · LM Editorial
Following flat traffic growth on an annual basis in May, the Association of American Railroads (AAR) reported that both carload and intermodal volumes in June were up compared to the same timeframe last year.
Posted 07/11 · 02:07 PM · LM Editorial
At a time when the freight railroad industry is seeing more than its fair share of regulatory action, rail shippers received some good news last week, when the Surface Transportation Board said it is reducing the fee shippers pay to file a railroad rate or unreasonable practice complaint from $20,000 to $350—while maintaining its $150 filing fee for an expedited small rate case.
Posted 07/11 · 09:36 AM · LM Editorial
The National Industrial Transportation League (NITL) filed a petition with the United States Surface Transportation Board (STB), requesting that the STB adopt new rules regarding reciprocal switching between Class I railroad carriers.