Comprehensive coverage of rail freight/intermodal transportation management including logistics, shippers, carriers, shipping rates, tariffs, costs and rail loads and volumes.
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.
Posted 10/13 · 10:27 AM · LM Editorial
Earlier this week, Class I rail carrier CSX announced that work it has made significant progress with its National Gateway project, with work either completed or construction underway at one-third of the National Gateway’s clearance projects.
Posted 10/12 · 09:31 AM · LM Editorial
Company officials say this service will leverage Schneider’s more than 20 years of intermodal service into and out of Canada
Posted 10/11 · 12:50 PM · LM Editorial
At a time when capacity tightness in some ways has become the new normal, the differences between fixed and variable capacity are different than they used to be in some ways, according to FTR Associates Partner Noel Perry.
Posted 10/07 · 03:50 PM · LM Editorial
Intermodal sets 2011 weekly record for second straight week.
Posted 09/30 · 12:53 PM · LM Editorial
The Western Coal Traffic League filed a petition with the Department of Transportation’s Surface Transportation Board (STB) requesting that the STB issue an order that would adjust the Uniform Railroad Costing System of Class I railroad carrier BNSF Railway Company.
Posted 09/30 · 10:30 AM · LM Editorial
Carload volume—at 305,133—was up 1.1 percent annually and approached the week ending April 2, which hit 305,905 carloads, marking the highest weekly carload tally since the end of 2008.
Posted 09/23 · 10:16 AM · LM Editorial
Carload volume—at 299,914—was down 1.4 percent year-over-year and was up compared to last week’s 278,382.