Filed in Intermodal
Thursday, November 03, 2011
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.
Friday, October 28, 2011
Carload volume—at 301,864—was down 0.5 percent year-over-year and behind the week ending October 15, which hit 303,363.
Monday, October 24, 2011
The news regarding a tepid economic recovery is clearly far from new, we have been reading about it and experiencing it in one way or another for a while now. We have been told that things will be better “soon” on more than one occasion, yet things continue to stagnate.
Friday, October 21, 2011
Carload volume—at 303,363—was flat on an annual basis.
Wednesday, October 19, 2011
As it has done many times in the past, Class I railroad carrier CSX led off the rail earnings season with a strong performance, reporting record-setting third quarter earnings of $506 million and $0.43 per share.
Friday, October 14, 2011
Taking steps to expand its extensive logistics services menu for shippers, non asset-based third-party logistics (3PL) services provider Transplace said this week it has joined forces with Chicago-based intermodal marketing company (IMC) Celtic International to “form a leading North American logistics provider,” according to company officials.
Carload volume—at 302,500—was up 2.1 percent annually and was behind the week ending October 1, which hit 312,170 carloads, and is the highest weekly carload mark for 2011, according to AAR data.
Thursday, October 13, 2011
Earlier this week, Class I rail carrier CSX announced that work it has made significant progress with its National Gateway project, with work either completed or construction underway at one-third of the National Gateway’s clearance projects.
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Wednesday, October 12, 2011
Company officials say this service will leverage Schneider’s more than 20 years of intermodal service into and out of Canada