Filed in Railroad Shipping
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.
First quarter intermodal loadings—3,292,291—were up 9.0 percent annually, as were the four major intermodal equipment categories tracked by IANA.
Friday, May 13, 2011
Carload volume was down 0.1 percent in the East and down 4.2 percent out West. Carloads on a year-to-date basis are at 5,233,086 for a 3.4 percent annual gain.
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.
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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.