Container lines provide a window into the future of U.S. landside cargo flows, not in the sense of reading tea leaves or palms, but in the sense of inevitability, like death and taxes. Container-line schedules foretell that U.S. seaborne imports will fall sharply. That, in turn, will translate into lower trucking and rail volumes to the extent […]
For at least the past decade, America’s railroads have been toying with the notion of freight trains moving at speeds approaching some passenger bullet trains. Now, a new Federal Railroad Administration demonstration study has concluded that specially designed “higher speed freight truck” railcars could be designed for travel on some existing tracks carrying 70 tons […]
Norfolk Southern (NYSE: NSC) has shed approximately 300 locomotives and intends to put up another 400 for sale, the Eastern U.S. railroad said in a Thursday filing to the Securities and Exchange Commission (SEC).
United States rail carload and intermodal volumes saw no signs of gains, remaining stifled by the ongoing impact of coronavirus, or COVID-19, for the week ending April 11, according to data issued this week by the Association of American Railroads (AAR).
In the first article of a two-part series, FreightWaves examines how COVID-19 affects regional container markets and carriers serving the Caribbean Basin. Part Two will address fallout at the Caribbean’s all-important transshipment hubs. A monster economic hurricane has suddenly stalled indefinitely over each of the Caribbean islands simultaneously. Coronavirus deaths remain relatively low here — […]
More governments need to relax regulations and simplify permitting procedures for air cargo charters so that vital medical resources can quickly be delivered to areas dealing with the deadly coronavirus outbreak, industry officials say.
North American intermodal rail volumes last week fell to the lowest point in nearly a decade, underscoring the dramatic fall-off in containerized imports and slowing growth in the shipment of trailers and domestic containers.
Container lines have now cancelled 212 sailings over the next three months in response to the coronavirus pandemic, according to Copenhagen-based Sea-Intelligence. The tally has more than quadrupled from 45 “blank” (cancelled) sailings just one week ago.
A COVID-19 infection that shut down Customs and Border Protection’s office at the port on Thursday will not impact cargo operations, the agency said.
French carrier reports entire 500-vessel fleet is free of coronavirus cases.
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