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.
When holiday shopping season picks up, December 12 and December 22 could shape up to be two of its busiest days.
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.
Despite recent actions taken by the National Industrial Transportation League (NITL) to address an onerous situation, “captive shippers” will continue to pay a monopoly tax on their rail shipments
Posted on 11/07 at 09:51 AM
Rail Freight •
Friday, November 04, 2011
The October 2011 edition of the Cass Freight Index showed signs of mixed messages, when it comes to figuring out freight trends. While freight shipments and expenditures were up annually, they were both down from September in another sign that the economic recovery is both gradual and unpredictable.
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.