Comprehensive coverage of rail freight/intermodal transportation management including logistics, shippers, carriers, shipping rates, tariffs, costs and rail loads and volumes.
Posted 02/04 · 10:45 PM · LM Editorial
Following a cancellation last fall due to the federal government shutdown, the Department of Transportation’s Surface Transportation Board (STB) said this week it has rescheduled its public hearing “Petition for rulemaking to adopt revised competitive switching rules to March 25-26 at its Washington, D.C. headquarters.
Posted 01/31 · 03:13 AM · LM Editorial
Carloads—at 280,761—were up 5.6 percent, and intermodal—at 245,883—was up 3 percent.
Posted 01/17 · 04:12 AM · LM Editorial
Carloads—at 256,849—were down 8.2 percent annually, and intermodal—at 235,987 trailers and containers—was down 6.7 percent.
Posted 01/16 · 04:32 AM · LM Editorial
CSX reported fourth quarter earnings of $426 million-or $0.42 per share-which was down 5.2 percent annually, with quarterly operating income of $3.032 billion was up 5 percent annually.
Posted 01/13 · 03:54 AM · LM Editorial
Carload volume—at 14,608,403 million—was down 0.5 percent compared to 2012, and intermodal volumes reached an all-time high at 12,831,692 trailers and containers, which topped 2012’s 12,282,221 by 4.6 percent annually.
Posted 01/08 · 07:16 AM · LM Editorial
UP said this service will focus on growing transportation needs for the automotive manufacturing and intermodal markets, as the automotive industry continues to rebound and shift production to North America.
Posted 01/07 · 05:14 AM · LM Editorial
Company officials said that this investment will help Schneider to deliver what it called “truck-like” intermodal service and also provide consistent access to lightweight, quality chassis when and where shippers need them, which it said has been an ongoing issued in the intermodal sector.
Posted 01/06 · 03:33 AM · LM Editorial
XPO Logistics said today it has entered into a definitive agreement to acquire Dublin, Ohio-based Pacer International, a freight transportation and logistics services provider and the third largest provider of intermodal services in North America.
Posted 01/03 · 04:41 AM · LM Editorial
Carloads—at 230,293—were up 8.1 percent annually, and intermodal—at 172,396 trailers and containers—was up 10.6 percent.
Posted 01/01 · 09:00 PM · LM Editorial
With the exception of parcel, freight transportation rates will only make incremental gains in 2014. However, our top market analysts tell us that controlling total landed costs by using a variety of modes is now imperative.