Filed in Railroad Shipping
Wednesday, June 15, 2011
Business logistics costs rose 10.4 percent last year, totaling $1.21 trillion, which is about what American businesses paid for freight transport in 2010, according to the authoritative 22nd annual State of Logistics report released Wednesday.
Monday, June 13, 2011
Class I railroad carrier Canadian Pacific (CP) recently announced it will be a tenant at the Western Canada-based Global Transportation Hub (GTH). CP’s plans for a new intermodal facility at the Global Transportation Hub were announced in December, 2007.
Friday, June 10, 2011
Carload volume—at 273,584—was up 1.1 percent annually, but behind the week ending May 28 at 288,049 and the weeks ending May 21 and May 14 at 295,148 and 294,271l, respectively. It was also behind the week ending April 2, which hit 305,905 carloads, marking the highest weekly carload tally since the end of 2008.
Thursday, June 09, 2011
Railroad carload traffic in May was flat year-over-year with a 0.5 percent annual gain, according to the Association of American Railroads (AAR). Intermodal saw steady gains compared to last year.
Tuesday, June 07, 2011
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 North East. This facility, which is located on a 316-acre site in McCalla, Alabama, is expected to open in late 2012.
Friday, June 03, 2011
Carload volume—at 288,049—was up 0.7 percent compared to the same timeframe last year and is behind the week ending May 21 at 295,148 and the week ending May 14 at 294,271. It was also behind the week ending April 2, which hit 305,905 carloads, marking the highest weekly carload tally since the end of 2008.
Thursday, June 02, 2011
The topic of Positive Train Control (PTC), which has been commonly referred to as the “unfunded mandate” in railroad circles, has a chance to be less onerous and costly as the White House moves forward with its review of federal regulations that have a negative impact on the United States economy and future growth as part of its January 2011 Executive Order on Improving Regulations and Regulatory Review.
Friday, May 20, 2011
Carload volume—at 294,271—was up 1.6 percent annually and ahead of the week ending May 7 at 281,860.
Tuesday, May 17, 2011
Earlier this week, the United States Supreme Court upheld a ruling in which it ordered $345 million in reparations and reductions from Class I railroad Burlington Northern Santa Fe (BNSF) to two shippers, Western Fuels Association Inc. and Basin Electric Cooperative Inc.
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First quarter intermodal loadings—3,292,291—were up 9.0 percent annually, as were the four major intermodal equipment categories tracked by IANA.