Filed in Intermodal
Thursday, October 18, 2012
NS officials said the $97.5 million facility is part of the $2.5 billion Crescent Corridor initiative, which aims to establish an efficient, high-capacity intermodal freight rail route between the Gulf Coast and the Northeast. This facility is located on a 316-acre site in McCalla, Alabama.
Wednesday, October 17, 2012
Leading off third quarter earnings results for Class I railroads, CSX last night reported net earnings of $455 million, which was down 2 percent annually and $0.44 per share, which fell short of Wall Street estimates of $0.47 and ahead of last year’s $0.43.
Friday, October 12, 2012
Pricing on the truckload and intermodal fronts was largely flat on an annual basis, according to the September edition of the Truckload and Intermodal Cost Indexes from Cass Information Systems and Avondale Partners.
Friday, October 05, 2012
September carloads—at 1,152,174—were down 3.7 percent—or 43,746 carloads— annually. Intermodal—at 973,715 trailers and containers—was up 2.5 percent—or 24,126 trailers and containers—compared to September 2011.
Friday, September 28, 2012
Carload volume—at 292,644—was down 4.1 percent, and intermodal volumes—at 250,253 trailers and containers—were up 0.7 percent.
Friday, September 21, 2012
Carload volume—at 291,350—was down 2.9 percent annually, and intermodal—at 251,720 trailers and containers—were up 3.9 percent.
Thursday, September 20, 2012
NS said it expects earnings to be in the $1.18-$1.25 range per diluted share.
Wednesday, September 19, 2012
A new white paper from global real estate firm Jones Lang LaSalle (JLL) explains how an increase in U.S. exports is driving the need for more U.S.-based strategic inland ports.
Monday, September 17, 2012
The Calgary-based carrier said this week that it has introduced new intermodal services, which offer faster transit times that connect Vancouver to Toronto or Chicago.
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Friday, September 14, 2012
Carload volume—at 272,301—was down 2.3 percent annually , and intermodal volumes—at 214,517 trailers and containers—were up 3.1 percent.