Filed in Railroad Shipping
Monday, May 09, 2011
As has been the case in recent weeks, rail carload and intermodal volumes were somewhat mixed in April, according to data from the Association of American Railroads (AAR). April rail carloads—at 1,117277—were down 0.2 percent compared to April 2010 and up 2.5 percent compared to March 2011 on a seasonally-adjusted basis
Friday, May 06, 2011
Carload volume—at 295,347—was flat on an annual basis, and intermodal volumes for the week ending April 30 at 229,677 trailers and containers were up 7.8 percent year-over-year.
Monday, May 02, 2011
Company officials said the $105 million facility is part of the $2.5 billion Crescent Corridor initiative. It is expected to be open in late 2012 and will be built on 380 acres. It is expected to create 6,200 jobs in the Memphis region over the next ten years and is expected to handle 327,000 containers and trailers annually.
Friday, April 29, 2011
Like the preceding week, rail traffic was mixed for the week ending April 23 compared to last year, according to data released by the Association of American Railroads (AAR).
Monday, April 25, 2011
When a Wall Street Journal article reported that rail shipping woes were impacting auto deliveries, industry experts told LM the situation is not as dire as it seems.
Friday, April 22, 2011
Carload volume—at 295,426—was down 0.3 percent compared to last year, and intermodal was up 9.8 percent at 230,460 trailers and containers.
Friday, April 15, 2011
For the week ending April 9, carload volume came in at 293,798 for a 1.8 percent annual gain. Intermodal volume was up 12.4 percent at 228,713 trailers and containers.
Tuesday, April 12, 2011
March rail carloads—at 1,493,553—were up 3.4 percent compared to March 2010 and up 11.2 percent compared to March 2009, said the AAR. The weekly carload average in March checked in at 298,711.
Friday, April 08, 2011
For the week ending April 2, the AAR reported that carload volume hit its highest level since the end of 2008 at 305,905 carloads for a 5.7 percent annual increase. This outpaced the weeks ending March 26, March 19, and March 12, which hit 200,903, 292,164, and 303,953, respectively.
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Thursday, April 07, 2011
Company officials said this effort is possible due to legislation recently passed by the New Mexico state legislature and signed into law by Governor Susan Martinez, which grants Union Pacific a locomotive fuel tax deduction, coupled with a $400 million investment by UPRR.