Filed in Intermodal
Tuesday, August 30, 2011
Class I rail carrier CSX recently announced it has invested $59 million in an intermodal terminal expansion in Columbus, Ohio, which is part of the company’s National Gateway initiative.
Looking at the logistics landscape, it appears that September should be very telling on a number of fronts in terms of how the fourth quarter and beyond may shape up, coupled with numerous legislative efforts on the table (or not, given the current political climate).
Friday, August 26, 2011
Carload volume—at 300,521—was up 1.1 percent annually, and it was ahead of the week ending August 13, which hit 292,266 and the week ending August 6 at 287,329.
Friday, August 19, 2011
Carload volume—at 292,266—was down 1.42 percent annually and ahead of the week ending August 6 at 287,329.
Posted on 08/19 at 12:52 PM
Rail Freight •
Friday, August 05, 2011
July carloads—at 1,111,682—were down 1 percent annually. Intermodal—at 895,649 trailers and containers—was up 1.3 percent compared to July 2010.
Tuesday, August 02, 2011
Non asset-based third-party logistics services provider Roadrunner Transportation Services (RRTS) said this week it has acquired all of the outstanding stock of The James Brooks Company for approximately $7.5 million.
Thursday, July 28, 2011
Rail traffic was up slightly for the week ending July 23, according to data released by the Association of American Railroads (AAR).
Posted on 07/28 at 12:02 PM
Rail Freight •
Friday, July 22, 2011
A new white paper from global real estate firm Jones Lang LaSalle points to the increasing importance of inland ports as a critical link in the global supply chain.
Rail traffic was mixed for the week ending July 16, according to data released by the Association of American Railroads (AAR).
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Wednesday, July 20, 2011
Class I railroad carrier CSX got things rolling on the tracks with record-setting second quarter earnings of $506 million and $0.46 per share for a 28 percent annual gain. This topped Wall Street estimates in the $0.44 per share range.