Monday, November 07, 2011
While the economic recovery has had its fair share of stops and starts, it may be happening again in earnest on the railways. That is the consensus from John Lanigan, executive vice president and chief marketing officer at BNSF Railway.
October carloads—at 1,215,627—were up 1.7 percent annually. And intermodal—at 975,566 trailers and containers—was up 3.6 percent compared to October 2010.
This hub expansion was built on 19 acres and involved widening the existing parking apron to allow for nine additional wide-body aircrafts and nine new aircraft gates.
Friday, November 04, 2011
Less-than-truckload (LTL) transportation services provider YRC Worldwide (YRCW) today reported a third quarter net loss of $177.9 million, which was more than double the $61.7 million net loss from a year ago.
Keeping surface transportation funding at its current levels through a series of continuing resolutions is not the way to move forward in an efficient manner, when it comes to preserving and building United States infrastructure, says Representative John Mica (R-Fla.), Chairman of the House Transportation and Infrastructure Committee
The news comes as a relief to shippers, who as late as yesterday were worried about a prolonged disruption caused by the “Occupy Oakland” movement.
Thursday, November 03, 2011
Like its companion report focused on manufacturing, growth remained the primary theme for The Institute for Supply Management's Non-Manufacturing Report on Business, which showed growth in non-manufacturing sector grew for the 23rd consecutive month.
Although the numbers are showing continued signs of leveling out, the main theme of the October edition of the Institute for Supply Management’s Manufacturing (ISM) Report on Business indicated that growth is still occurring.
Three mechanics have been killed, causing dockworkers to cease discharging the boxes until the risk can be identified
With a December 31 deadline looming for a short line railroad track maintenance credit looming, the top executive of the American Short Line & Regional Railroad Association (ASLRRA) pulled no punches in explaining why it needs to be extended.