Posted 10/21 · 08:54 AM · LM EditorialThe port, along with 41 other capital construction projects and 33 planning projects in 40 states, received funding from $600 million awarded nationwide.
Posted 10/19 · 09:05 AM · LM EditorialClass I railroad carrier Union Pacific this week officially opened its 785-acre, nearly $370 million Joliet, Illinois Intermodal Terminal. Construction on the $370 million terminal began in August 2008, with phase one completed this past August. It is located five miles south of I-80 and seven miles east of I-55.
Posted 10/12 · 10:34 AM · LM EditorialAs was the case in August, September rail volumes were mixed when compared to the last two years, according to data released by the Association of American Railroads (AAR). The AAR reported that monthly rail carloads for September—at 1,487,511—were up 7.7. percent from September 2009 and down 7.5 percent from September 2008. The weekly September average of 297,502 carloads hit its highest level since October 2008, said the AAR. September carloads were 1.9 percent higher than September 2009.
Posted 10/08 · 12:00 PM · LM EditorialThe nation’s railroads have pulled out of the downturn in solid fiscal shape, proving that they’ve mastered the art of cost management. To offer a comprehensive look at the new state of the rails, we’ve gathered four top analysts to share how volumes, rates, and game-changing regulation could alter how shippers manage the mode.
Posted 10/08 · 12:15 AM · LM EditorialWhile no 2010 weekly volume figures were broken, railroad volumes for the week ending October 2 remained consistent with previously solid weeks, according to data released by the Association of American Railroads (AAR).
Posted 10/01 · 06:55 AM · LM EditorialAnother week, another 2010 record for intermodal volumes. That seems to be the case these days, according to data released this week by the Association of American Railroads (AAR).
Posted 09/24 · 06:18 AM · LM EditorialRailroad volumes returned to their recent trend of record-breaking volumes for the week ending September 18, with intermodal volumes on U.S. railways setting a new 2010 record along with containers hitting its highest level ever, according to the Association of American Railroads (AAR).
Posted 09/20 · 09:03 AM · LM EditorialDamco, the logistics arm of A.P. Moller-Maersk and one of the world’s “top 20” providers of freight forwarding and supply chain management solutions, has announced that Maersk Distribution Services Inc. (MDSI) will be integrated into Damco.
Posted 09/17 · 08:44 AM · LM EditorialUnlike past weeks, there were no 2010 records set for railroad traffic for the week ending September 11, according to data released by the Association of American Railroads (AAR).