Comprehensive coverage of rail freight/intermodal transportation management including logistics, shippers, carriers, shipping rates, tariffs, costs and rail loads and volumes.
Posted 07/06 · 07:44 AM · LM Editorial
Container shipping carrier APL recently said it has made a land purchase in Joliet, Illinois to develop an intermodal container terminal. APL officials said the company purchased 43 acres of space from CenterPoint Properties within the CenterPoint Intermodal Center, the largest inland port in the United States.
Posted 07/05 · 09:24 AM · LM Editorial
LM Group News Editor Jeff Berman conducted an on-stage interview with Leo Suggs, Chairman of the Board and CEO of Greatwide Logistics at the eyefortransport 3PL Summit. The theme of this year’s interview was “Gauging the Impact of Driver Shortages and Changed Carrier Relationships.”
Posted 07/01 · 09:33 PM · LM Editorial
The cost of the U.S. business logistics system jumped up 10.4 percent in 2010, making up more than half of the preceding year’s decline. But don’t expect gains like this to continue as the economy begins to slow and all four transportation modes scramble to make adjustments during this period of unprecedented volatility.
Posted 07/01 · 11:23 AM · LM Editorial
Carload volume—at 284,562—was down 0.2 percent annually and behind the weeks ending June 17 and June 10 which hit 294,310 and 290,181, respectively.
Posted 07/01 · 09:23 AM · LM Editorial
Steady growth on the rails
Posted 07/01 · 08:07 AM · LM Editorial
I’m not sure who said it, but it’s one of my favorite lines when it comes to putting the current market environment into perspective: You don’t know where you’re going unless you know where you’ve been.
Posted 06/24 · 11:24 AM · LM Editorial
Earlier this week, the Surface Transportation Board (STB) held a public hearing to explore the current state of competition in the railroad industry, as well as possible policy alternatives to facilitate more competition.
Posted 06/24 · 09:06 AM · LM Editorial
Intermodal volumes hit a 2011 high for the second straight week at 237,682 trailers and containers for a 4.3 percent annual gain, topping the week ending June 4 at 237,422 by 260 trailers and containers.
Posted 06/17 · 09:17 AM · LM Editorial
Carload volume—at 290,181—was up 0.3 percent over last year, and ahead of the weeks ending June 3 and May 28 at 273,584 and 288,049, respectively. It was also behind the week ending April 2, which hit 305,905 carloads, marking the highest weekly carload tally since the end of 2008.
Posted 06/15 · 10:50 AM · LM Editorial
Business logistics costs rose 10.4 percent last year, totaling $1.21 trillion, which is about what American businesses paid for freight transport in 2010, according to the authoritative 22nd annual State of Logistics report released Wednesday.