Filed in Intermodal
Tuesday, May 01, 2012
Savvy shippers have found ways to put the nation’s rails back to work—and the railroads have flourished. But while current market conditions are favorable
for shippers, questions remain over how the nation’s rail and intermodal network will respond when volume ratchets up past pre-recession levels.
in 2012, the prudent shipper has to be looking for options to traditional long-haul trucking in an attempt to control costs and ensure that capacity is available to sustain operations.
Friday, April 27, 2012
Carload volume—at 282,262—was down 3.6 percent annually and ahead of the week ending April 14 at 276,789 and the week ending April 7 at 270,974.
Wednesday, April 25, 2012
Class I railroad carriers Norfolk Southern and KCS recently rolled out a new joint intermodal service between central Mexico and the southeastern region of the United States entitled TMX.
The Norfolk, Virginia-based carrier reported first quarter net income of $410 million—or $1.23 per share—which was up 26 percent compared to the first quarter of 2011 and ahead of Wall Street expectations of $1.12 per share.
Wednesday, April 18, 2012
Class I railroad carrier CSX last night reported record first quarter earnings of $449 million and $0.43 per share. The earnings per share performance exceeded Wall Street expectations of $0.38 per share and was up 23 percent annually.
Friday, April 13, 2012
Carload volume—at 270,974—was down 7.7 percent annually, and intermodal volumes—at 231,153—were up 1.1 percent.
Friday, April 06, 2012
March carloads—at 1,123,298—were down 69,190 carloads or 1.9 percent annually. Intermodal—at 928,350 trailers and containers—was up 31,348 units or 2.4 percent compared to March 2011.
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Friday, March 30, 2012
Carload volume—at 278,393—was down 7.2 percent annually and slightly below the week ending March 17 at 278,420.