Comprehensive coverage of rail freight/intermodal transportation management including logistics, shippers, carriers, shipping rates, tariffs, costs and rail loads and volumes.
Posted 11/12 · 09:01 AM · LM Editorial
Railroad volumes for the week ending November were up year-over-year, according to data released by the Association of American Railroads (AAR). Carload volume at 288,056 was up 4.9 percent compared to the same week last year but down compared to the three previous weeks at 292,884, 302,855, and 303,664, respectively.
Posted 11/08 · 11:33 AM · LM Editorial
Wayne Johnson, the 2010 NITL Logistics Executive of the Year, remains on the cutting edge of legislative reform. As he enters the next stage of his distinguished career, Johnson chairs the NITL’s Highway Committee and continues to share his knowledge with a new generation of shippers.
Posted 11/05 · 06:57 AM · LM Editorial
Railroad volumes for the week ending October 30 showed continued year-over-year improvement, according to data released by the Association of American Railroads (AAR). Carload volume at 292,884 was up 6.3 percent year-over-year, but down compared to the weeks ending October 23 and October 16 at 302,855 and 303,664, respectively.
Posted 11/01 · 11:50 AM · SCMR Editorial
The combined rail traffic to and from the northern EU seaports will rise yet again, says a recent study. But Rotterdam will gain the most share.
Posted 10/28 · 09:55 AM · LM Editorial
As has been the case during third quarter earnings, Class I railroad earnings continued to deliver strong results, with Norfolk Southern’s strong earnings results bearing that out. Earnings for the Norfolk, Virginia-based carrier at $445 million were up 47 percent year-over-year. And earnings per share of $1.19 were also up 47 percent, beating Wall Street estimates of $1.09.
Posted 10/22 · 09:07 AM · LM Editorial
Railroad volumes for the week ending October 16 showed continued year-over-year improvement, according to data released by the Association of American Railroads (AAR).Carload volume at 303,664 was up 10.1 percent year-over-year and was ahead of the 297,029 carloads reported by the AAR
Posted 10/21 · 08:54 AM · LM Editorial
The port, along with 41 other capital construction projects and 33 planning projects in 40 states, received funding from $600 million awarded nationwide.
Posted 10/19 · 09:05 AM · LM Editorial
Class I railroad carrier Union Pacific this week officially opened its 785-acre, nearly $370 million Joliet, Illinois Intermodal Terminal. Construction on the $370 million terminal began in August 2008, with phase one completed this past August. It is located five miles south of I-80 and seven miles east of I-55.
Posted 10/14 · 10:04 AM · LM Editorial
Posted 10/12 · 10:34 AM · LM Editorial
As was the case in August, September rail volumes were mixed when compared to the last two years, according to data released by the Association of American Railroads (AAR). The AAR reported that monthly rail carloads for September—at 1,487,511—were up 7.7. percent from September 2009 and down 7.5 percent from September 2008. The weekly September average of 297,502 carloads hit its highest level since October 2008, said the AAR. September carloads were 1.9 percent higher than September 2009.