Railroad Shipping

By Jeff Berman · January 13, 2016
Jacksonville, Fla.-based CSX reported it had fourth quarter revenue of $2.781 billion, which was down 13 percent, or $411 million annually, with earnings per share of $0.48 off 2 percent annually and ahead of Wall Street estimates of $0.46 per share.
By Jeff Berman · January 7, 2016
2015 U.S. rail carloads were down 6.1 percent annually at 14,266,204, and U.S. intermodal container and trailer volume was up 1.6 percent at 13,710,646 units.
By LM Staff · December 18, 2015
Carloads were down 13.2 percent annually at 270,953, and intermodal containers and trailers were down 2.3 percent annually at 274,022.
By Jeff Berman · December 11, 2015
Railroad service issues and rates remain front and center, as has been the case in previous incarnations of this legislation. The bill is focused on addressing inefficiencies within the STB, which serves as the federal regulatory body responsible for economic oversight of the U.S. rail system, with regulatory jurisdiction over railroad rate reasonableness, mergers, line acquisitions, new rail-line construction, line abandonment, and other issues.
By Jeff Berman · December 2, 2015
The organizations penning the letter are part of the Rail Customer Coalition, which is a large coalition of trade associations representing the manufacturing, energy, and agricultural industries reliant on railroads. In the letter, they said that the freight rail industry is critically important to U.S. economic competitiveness and adoption of the reasonable, commonsense and non-controversial reforms in S. 808 will help ensure a more appropriate balance between the rail industry and their customers.
By Jeff Berman · November 18, 2015
A recent Bloomberg report indicating that Canadian Pacific Railway Ltd. is looking to acquire Norfolk Southern was confirmed by the Class I railroads in separate statements issued over the past two days.
By LM Staff · November 13, 2015
Carloads were down 8.7 percent annually at 272,063, and intermodal containers and trailers were down 1.5 percent annually at 267,102.
By LM Staff · October 16, 2015
Carloads were down 5.8 percent annually to 281,073, and intermodal containers and trailers were up 0.5 percent annually to 275,160.
By Jeff Berman · October 9, 2015
September carloads—at 1,417,750—were down 4.9 percent—or 72,597 carloads— annually, and intermodal—at 1,365,980 trailers and containers—was up 1.2 percent—or 16,272 trailers and containers.
By Jeff Berman · October 2, 2015
Entitled the Positive Train Control Enforcement and Implementation Act of 2015, the bill would extend the 2015 PTC implementation deadline to the end of 2018.
By LM Staff · September 18, 2015
The Association of American Railroads (AAR) reported that rail carload and intermodal volumes for the week ending September 12 were both down on an annual basis. Volumes were impacted by the Labor Day holiday.
By LM Staff · September 11, 2015
Carloads were off 0.4 percent annually at 287,339, and intermodal containers and trailers were up 17 percent compared to the same week last year at 279,867.
By LM Staff · July 31, 2015
Carloads headed down 2.5 percent annually to 286,660, and intermodal containers and trailers remained on a growth path, up 2.3 percent to 270,952.
By LM Staff · July 24, 2015
Carloads dropped 7.3 percent annually to 277,331, and intermodal rose 2.3 percent to 273,850.
By LM Staff · July 17, 2015
U.S. carloads were down 6.6 percent annually at 271,494, and intermodal volume was up 2.4 percent at 262,603 containers and trailers.

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From the July 2016 Issue
While it’s currently a shippers market, the authors of this year’s report contend that we’ve entered a “period of transition” that will usher in a realignment of capacity, lower inventories, economic growth and “moderately higher” rates. It’s time to tighten the ties that bind.
2016 State of Logistics: Third-party logistics
2016 State of Logistics: Ocean freight
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