Filed in Intermodal
Friday, May 11, 2012
Data from Cass Information Systems in conjunction with investment firm Avondale Partners mostly showed gains for both truckload and intermodal rates in April.
Posted on 05/11 at 12:16 PM
Schneider National and BNSF Railway have inked a new, multi-year agreement in which BNSF will continue to serve as one of Schneider’s primary rail providers for intermodal service.
Carload volume—at 276,136—was down 2 percent annually, and intermodal volumes—at 239,031 trailers and containers—were up 3 percent annually.
Friday, May 04, 2012
April carloads—at 1,113,105—were down 64,335 carloads or 5.5 percent annually. Intermodal—at 946,951 trailers and containers—was up 32,505 units or 3.6 percent compared to April 2011.
Posted on 05/04 at 08:38 AM
Rail Freight •
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.
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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.