Filed in Intermodal
Wednesday, October 16, 2013
Class I railroad carrier CSX yesterday reported third quarter net earnings of $463 million and $0.46 per share, which was up 1.7 percent annually and beat Wall Street estimates of $0.43 per share.
September truckload rates were up 1.7 percent compared to September 2012 and up 2.7 percent compared to August, and intermodal rates were down 0.5 percent annually in September and fell 1.2 percent from August.
Thursday, October 10, 2013
Intermodal, highway and logistics services provider Hub Group Inc. said this week that it is lowering its expected earnings per share for the third quarter to be between $0.48-$0.51, down from previous Wall Street expectations ranging from $0.52-$0.57. And it also lowered full-year 2013 earnings to $1.85-$1.95 from $2.02.
Posted on 10/10 at 01:02 PM
Hub Group •
Friday, October 04, 2013
The AAR reported that September carloads—at 1,159,784—were up 0.7 percent over September 2012, and intermodal containers and trailers were up 4.4 percent annually with 1,027,522 containers and trailers.
Tuesday, October 01, 2013
Intermodal is becoming increasingly more viable as logistics managers find themselves under pressure to keep costs down and improve supply chain operations. But how can shippers wring out its full value?
What’s a dim? It’s your domestic intermodal manager. If you don’t have one you might need one soon. Or better yet, you might want to consider a cross-functional team knowledgeable on domestic intermodal management.
Friday, September 27, 2013
Carload volume—at 288,160—was down 1.5 percent compared to the same week a year ago, and intermodal was down 3.4 percent annually at 262,897 trailers and containers.
Posted on 09/27 at 10:03 AM
Friday, September 20, 2013
Carload volume—at 296,221—was up 1.5 percent annually, and intermodal was up 4.9 percent annually at 296,221 trailers and containers.
Friday, September 13, 2013
Carload volume—at 278,594—was up 2.2 percent annually, and intermodal was up 6.7 percent annually at 228,899 trailers and containers.
Posted on 09/13 at 09:03 AM
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Tuesday, September 10, 2013
With the first phase complete, the coalition said that now enables the ability for the National Gateway to provide double-stack intermodal rail service between CSX’ terminal in Chambersburg, Pa. and its state-of-the-art Northwest Ohio hub facility.