Comprehensive coverage of rail freight/intermodal transportation management including logistics, shippers, carriers, shipping rates, tariffs, costs and rail loads and volumes.
Posted 05/02 · 03:50 PM · LM Editorial
Company officials said the $105 million facility is part of the $2.5 billion Crescent Corridor initiative. It is expected to be open in late 2012 and will be built on 380 acres. It is expected to create 6,200 jobs in the Memphis region over the next ten years and is expected to handle 327,000 containers and trailers annually.
Posted 05/01 · 08:13 AM · LM Editorial
The red-hot intermodal sector is “in fashion” these days as shippers opt for lower rates at near-truck service levels. Our intrepid trucking correspondent examines the factors driving this impressive growth as well as how logistics professionals are using the option as part of their 2011 transportation tool kit.
Posted 04/29 · 07:41 AM · LM Editorial
Like the preceding week, rail traffic was mixed for the week ending April 23 compared to last year, according to data released by the Association of American Railroads (AAR).
Posted 04/28 · 07:44 AM · LM Editorial
At last week’s NASSTRAC Logistics Conference & Expo in Orlando, Fla., LM Group News Editor Jeff Berman had an opportunity to speak with Leathers about myriad industry-related topics, including energy prices, modal shifts, and government regulation, among others.
Posted 04/25 · 08:42 AM · LM Editorial
When a Wall Street Journal article reported that rail shipping woes were impacting auto deliveries, industry experts told LM the situation is not as dire as it seems.
Posted 04/22 · 08:19 AM · LM Editorial
Carload volume—at 295,426—was down 0.3 percent compared to last year, and intermodal was up 9.8 percent at 230,460 trailers and containers.
Posted 04/19 · 02:35 AM · LM Editorial
Schneider National, the nation’s second-largest truckload carrier which traditionally has been a major player in long-haul intermodal traffic, is increasingly marketing shorter-haul freight options in a major shift that is sure to impact shippers’ choices and rates.
Posted 04/15 · 08:17 AM · LM Editorial
For the week ending April 9, carload volume came in at 293,798 for a 1.8 percent annual gain. Intermodal volume was up 12.4 percent at 228,713 trailers and containers.
Posted 04/14 · 09:16 AM · LM Editorial
Trucking and intermodal services bellwether J.B. Hunt (JBH) kicked off the first quarter earnings season in style with record net earnings of $50.1 million or $0.40 per share compared to net earnings of $37.5 million and $.029 per share a year ago.
Posted 04/12 · 09:25 AM · LM Editorial
March rail carloads—at 1,493,553—were up 3.4 percent compared to March 2010 and up 11.2 percent compared to March 2009, said the AAR. The weekly carload average in March checked in at 298,711.