If the first half of 2018 was a bellwether, beneficial cargo owners will face unprecedented challenges using intermodal this peak season, which appears to be starting earlier than in prior years. Intermodal traffic rose 7 percent in the first five months of the year, according to the Intermodal Association of North America. The number of […]
The pricing train for truckload and intermodal freight movements continues to accelerate at a rapid clip, according to data in the most recent editions of the Truckload Linehaul Index and Intermodal Index from Cass Information Systems and Broughton Capital.
he Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending June 9, 2018. For this week, total U.S. weekly rail traffic was 561,061 carloads and intermodal units, up 4.2 percent compared with the same week last year. Total carloads for the week ending June 9 were 271,641 carloads, up 2.8 […]
CN is investing C$400 million in new capacity this year, primarily in western Canada and the Edmonton-Chicago corridor. Projects currently in progress include 60 miles of double track, 11 new sidings or siding extensions, and eight yard expansions. All should be completed in November.
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending June 2, 2018, as well as volumes for May 2018. U.S. railroads originated 1,319,420 carloads in May 2018, up 3.2 percent, or 41,078 carloads, from May 2017. U.S. railroads also originated 1,398,203 containers and trailers in May 2018, up 6.6 […]
Canadian National Railway Co. will likely top C$3 billion ($2.3 billion) in capital spending for the second straight year in 2019 as it aims to speed up trains and capture rising demand for freight such as grain and crude oil, its top executive said. Canada’s biggest railroad is already spending a record C$3.4 billion this […]
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending May 26, 2018. For this week, total U.S. weekly rail traffic was 565,502 carloads and intermodal units, up 4.4 percent compared with the same week last year. Total carloads for the week ending May 26 were 273,226 carloads, up 3 […]
More than 3,000 Canadian Pacific Railway Ltd. workers walked off the job, threatening a wider disruption in freight traffic and setting up the first major labor test for Canadian Prime Minister Justin Trudeau. The strike by conductors and locomotive engineers began at 10 p.m. Eastern time, Teamsters Canada Rail Conference said in an e-mail statement […]
Airfreight traffic growth was back on track in April after an “abrupt” slowdown in performance during March. The latest figures from IATA show that freight tonne kms (FTK) increased by 4.1% in April, compared with a “sharp fall” in growth during March to 1.8% – a 23-month low. The end of the restocking cycle, poor […]
US shippers stung by rampant truckload rate increases are looking for alternate routes to customers, but they’re finding capacity is tight and prices high no matter where they look. Higher intermodal spot rates, combined with rail capacity limits and service issues, is turning some freight that would otherwise shift to rail back to the highways, […]
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