Comprehensive coverage of rail freight/intermodal transportation management including logistics, shippers, carriers, shipping rates, tariffs, costs and rail loads and volumes.
Posted 05/01 · 08:00 PM · LM Editorial
Savvy shippers have found ways to put the nation’s rails back to work—and the railroads have flourished. But while current market conditions are favorable
for shippers, questions remain over how the nation’s rail and intermodal network will respond when volume ratchets up past pre-recession levels.
Posted 05/01 · 04:45 AM · LM Editorial
in 2012, the prudent shipper has to be looking for options to traditional long-haul trucking in an attempt to control costs and ensure that capacity is available to sustain operations.
Posted 04/27 · 08:09 AM · LM Editorial
Carload volume—at 282,262—was down 3.6 percent annually and ahead of the week ending April 14 at 276,789 and the week ending April 7 at 270,974.
Posted 04/25 · 10:17 AM · LM Editorial
Class I railroad carriers Norfolk Southern and KCS recently rolled out a new joint intermodal service between central Mexico and the southeastern region of the United States entitled TMX.
Posted 04/25 · 09:14 AM · LM Editorial
The Norfolk, Virginia-based carrier reported first quarter net income of $410 million—or $1.23 per share—which was up 26 percent compared to the first quarter of 2011 and ahead of Wall Street expectations of $1.12 per share.
Posted 04/18 · 10:55 AM · LM Editorial
Class I railroad carrier CSX last night reported record first quarter earnings of $449 million and $0.43 per share. The earnings per share performance exceeded Wall Street expectations of $0.38 per share and was up 23 percent annually.
Posted 04/13 · 08:00 AM · LM Editorial
Carload volume—at 270,974—was down 7.7 percent annually, and intermodal volumes—at 231,153—were up 1.1 percent.
Posted 04/06 · 09:51 AM · LM Editorial
March carloads—at 1,123,298—were down 69,190 carloads or 1.9 percent annually. Intermodal—at 928,350 trailers and containers—was up 31,348 units or 2.4 percent compared to March 2011.
Posted 03/30 · 09:34 AM · LM Editorial
Carload volume—at 278,393—was down 7.2 percent annually and slightly below the week ending March 17 at 278,420.
Posted 03/26 · 02:31 PM · LM Editorial
Last week, the Department of Transportation’s Surface Transportation Board (STB) held a public hearing to explore the impact of Berkshire Hathaway’s acquisition of the BNSF Railway Company on “certain costing determinations.”