Posted 02/04 · 09:42 AM · LM EditorialRailroad traffic for the week ending January 22 was up again on an annual basis, according to data released by the Association of American Railroads (AAR).
Posted 02/02 · 08:55 AM · LM EditorialLegislation calling to increase competition in the railroad industry was recently introduced by Senators Jay Rockefeller (D-WV) and Kay Bailey Hutchison (R-TX).
Posted 01/31 · 01:33 PM · LM EditorialWhen FedEx announced it was redesigning its network structure for its less-than-truckload (LTL) network, FedEx Freight, last September, which officially went live today, there was one small detail regarding this news that flew somewhat under the radar. That detail was that the company said it planned to be more active on the intermodal side.
Posted 01/28 · 10:45 AM · LM EditorialCarload volume at 282,837 was up 1.5 percent compared to the corresponding week last year. This is nearly identical with the week ending January 15, which hit 282,987 carloads.
Posted 01/26 · 12:25 PM · LM EditorialFreight transportation services provider Hub Group Inc. recently announced that it has opened new terminals for its national drayage and truckload services subsidiary Comtrak in Indianapolis and Milwaukee.
Posted 01/25 · 02:05 PM · LM EditorialFollowing through on excellent momentum through the first three quarters of 2010, it was hardly surprising that CSX announced record fourth quarter and full-year 2010 earnings this week.
Posted 01/24 · 04:35 PM · LM EditorialListen to Group Editorial Director Michael Levans, Executive Editor Patrick Burnson, and a panel of leading energy and transportation analysts as they give shippers an updated look at the key drivers behind the increasing transportation rates U.S. logistics professionals will face over the course of 2011.
Posted 01/24 · 01:25 PM · LM EditorialPricing across the transportation modes
Posted 01/20 · 11:49 AM · LM EditorialIn the latest example of how strong the freight railroad business is, Class I carrier Union Pacific announced today that fourth quarter and full-year earnings were up 44 percent at $1.56 per share and 48 percent at $5.53 per share, respectively, year-over-year.
Posted 01/12 · 03:49 PM · LM EditorialIn 2010, carload and intermodal volume rebounded from a trying 2009, but volumes are still below pre-recession levels, according to data from the Association of American Railroads (AAR).