Comprehensive coverage of rail freight/intermodal transportation management including logistics, shippers, carriers, shipping rates, tariffs, costs and rail loads and volumes.
Posted 04/07 · 07:35 AM · LM Editorial
Company officials said this effort is possible due to legislation recently passed by the New Mexico state legislature and signed into law by Governor Susan Martinez, which grants Union Pacific a locomotive fuel tax deduction, coupled with a $400 million investment by UPRR.
Posted 04/04 · 08:18 AM · LM Editorial
Freight transportation services provider Hub Group Inc. said today it has acquired asset-light transportation company Exel Transportation Services, a subsidiary of Deutsche Post World Net.
Posted 04/01 · 07:03 AM · LM Editorial
Carload volume at 299,903 was up 1.9 percent annually and surpassed the week ending March 19 which hit 293,772. Intermodal volumes were up 5.7 percent at 223,034 trailers and containers,
Posted 03/25 · 09:11 AM · LM Editorial
Railroad volumes were up again for both carload and intermodal for the week ending March 19, according to data from the Association of American Railroads (AAR).
Posted 03/22 · 11:47 AM · LM Editorial
More than 20 railroad and shipping experts are slated to predict their industry’s futures at the 2011 North American Rail Shippers annual meeting at the Wyndham Parc 55 Hotel in San Francisco, May 25-27.
Posted 03/18 · 07:56 AM · LM Editorial
Railroad volumes continued trending in the right direction, with volumes up again for both carload and intermodal for the week ending March 12, according to data from the Association of American Railroads (AAR).
Posted 03/11 · 10:19 AM · LM Editorial
Carload volume at 300,953 was up 5.5 percent year-over-year and was ahead of the week ending February 26 at 296,252 and the week ending February 19 at 296,980. Carload volume was up 0.3 percent in the East and up 9.2 percent out West.
Posted 03/09 · 11:15 AM · LM Editorial
While heavy capital expenditures are nothing new for the freight railroad industry, a report released today by the Association of American Railroads (AAR) stated that United States-based freight railroads are planning to spend $12 billion in capital expenditures in 2011, following a $10.7 billion investment in 2010.
Posted 03/07 · 01:31 PM · LM Editorial
Class I railroads received good news last week, when the Federal Railroad Administration and the Association of American Railroads reached a settlement regarding the guidelines of the Positive Train Control (PTC) regulatory mandate.
Posted 03/04 · 11:12 AM · LM Editorial
Following the January reintroduction of a Senate bill designed to remove antitrust exemptions currently granted to the railroad industry, the Senate Judiciary Committee this week approved the bill—entitled the Railroad Antitrust Enforcement Act, S.49—by a 14-1 margin.