The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending July 1, 2017, as well as volumes for June 2017. U.S. railroads originated 1,065,976 carloads in June 2017, up 4.4 percent, or 45,174 carloads, from June 2016. U.S. railroads also originated 1,113,575 containers and trailers in June 2017, up 4.6 […]
Ports of LA, Long Beach to raise Traffic Mitigation Fee
The fee that terminals at the ports of Los Angeles and Long Beach charge for moving cargo during daytime hours Monday through Friday is about to go up. On Aug. 1, the Traffic Mitigation Fee (TMF) at the adjoining Southern California ports is increasing by 2.3 percent, according to the West Coast MTO Agreement, which […]
AAR Reports Weekly Rail Traffic for the Week Ending June 3, 2017
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending June 3, 2017, as well as volume for May 2017. U.S. railroads originated 1,286,075 carloads in May 2017, up 8.4 percent, or 99,290 carloads, over May 2016. U.S. railroads also originated 1,339,417 containers and trailers in May 2017, up 4.6 […]
2017 Rail/Intermodal Roundtable: Volume stable, business steady
While the overall economic outlook may be best described as “inconsistent,” the railroad and intermodal market sectors have both witnessed consistent growth for the most part-especially over the last decade. In fact, in terms of volumes, these two vital freight transportation markets are ahead of where they were just a year ago at this time.
AAR Reports Weekly Rail Traffic for the Week Ending May 27, 2017
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending May 27, 2017. For this week, total U.S. weekly rail traffic was 548,103 carloads and intermodal units, up 6.7 percent compared with the same week last year. Total carloads for the week ending May 27 were 266,564 carloads, up 8 […]
New York eyes projects to handle rising rail traffic
A freight tunnel across New York Harbor, the expansion of intermodal rail terminals, and a range of track and rail yard upgrades are needed to handle a forecast 35 percent jump in traffic flowing through the New York region by 2040, according to an action plan released last week by the Metropolitan Rail Freight Council. […]
ILA concerned about NY/NJ chassis depot rents
Increasingly high rents charged to chassis providers by the Port Authority of New York and New Jersey could hurt the port’s overall competitiveness, says Dennis Daggett, executive vice president of the International Longshoremen’s Association.
Chinese imports could imperil 65,000 US jobs in the latest industry under threat
If the United States allows some of China’s largest producers of freight rail cars into the country, they could end up eliminating up to 65,000 U.S. jobs, according to a study released Monday. The worry for some is that state-owned Chinese corporations will enter the U.S. and sell Chinese-built freight railcars far below the market […]
Railcar production improvement: Wait for 2019
Freight car deliveries will remain relatively flat over the next two years at 42,500 units annually but will enter an up-cycle, according to the most recent quarterly report issued by Economic Planning Associates.
Freight Rail Works for America
America’s freight railroads play an invaluable role in the U.S. economy. Thanks to ongoing private investment that has produced the most efficient network in the world, U.S. freight railroads enable industries and companies across the nation – from auto manufacturers to lumber yards to power plants – to serve 300 million Americans and reach thousands […]