Posted 09/20 · 09:05 AM · LM EditorialNS said it expects earnings to be in the $1.18-$1.25 range per diluted share.
Posted 09/19 · 11:55 AM · LM EditorialA new white paper from global real estate firm Jones Lang LaSalle (JLL) explains how an increase in U.S. exports is driving the need for more U.S.-based strategic inland ports.
Posted 09/17 · 10:07 AM · LM EditorialThe Calgary-based carrier said this week that it has introduced new intermodal services, which offer faster transit times that connect Vancouver to Toronto or Chicago.
Posted 09/14 · 06:37 AM · LM EditorialCarload volume—at 272,301—was down 2.3 percent annually , and intermodal volumes—at 214,517 trailers and containers—were up 3.1 percent.
Posted 09/13 · 09:08 AM · LM EditorialEarlier this month, Class I railroad carrier CN rolled out plans to increase its assets by acquiring more than 2,200 new freight cars this year and 1,300 new containers. Company officials said the impetus for this is to support traffic growth and improve service.
Posted 09/12 · 01:56 PM · LM EditorialThe August edition of the Truckload and Intermodal Cost Indexes from Cass Information Systems and Avondale Partners pointed to similar rate activity in August compared to the same period a year ago.
Posted 09/11 · 07:57 AM · LM EditorialSTB officials wrote in a decision to the two railroads, whom were seeking STB approval for the discussion, that it determined it was a “minor transaction” as defined by its regulations.
Posted 09/07 · 09:42 AM · LM EditorialAugust carloads—at 1,461,680—were down 1.4 percent annually. Intermodal—at 1,230,992 trailers and containers—was up 4.3 percent.
Posted 08/31 · 02:12 AM · LM EditorialCarload volume—at 297,042—was down 0.8 percent annually, and intermodal volumes—at 248,364 trailer and containers were up 5.2 percent annually.
Posted 08/24 · 09:41 AM · LM EditorialCarload volume—at 293,916—was down 2.1 percent annually, and intermodal volumes—at 247,224 trailers and containers—were up 3.6 percent.