North American intermodal volume growth accelerated in the first quarter of 2016 and is forecast to continue at or above that clip for the remainder of the year, according to the Intermodal Association of North America. Total intermodal growth increased 2 percent year-over-year in the first three months of 2016, after increasing just 0.3 percent […]
U.S. combined carload and intermodal traffic declined 11.8 percent last month compared with April 2015, the Association of American Railroads (AAR) announced yesterday. Carload traffic for the month totaled 944,339 carloads, down 16.1 percent, and 1,028,460 containers and trailers, down 7.5 percent from a year ago, according to an AAR press release.
The total value of cross-border freight between the United States and North American trading partners Canada and Mexico slipped 2 percent year-over-year following a 7.7 percent drop in January, according to the Bureau of Transportation Statistics.
U.S. shippers expect to ramp up their conversion of freight from truck to intermodal rail to the highest level in a year and a half, according to a new survey. But railroads are still going to scrap for that cargo with trucking motor carriers able to offer more competitive pricing, according to intermodal rail executives […]
Import cargo volume at the nation’s major retail container ports has begun its annual climb toward summer levels but is expected to be largely flat when compared with last year’s record high numbers, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.
Total U.S. rail carload volumes slipped 17.1 percent and intermodal units fell 6.3 percent for the week ending April 23, the Association of American Railroads (AAR) reported yesterday. Total U.S. rail traffic dropped 11.7 percent to 491,946 carloads and intermodal units compared with the same week last year
Hub Group says it expects to see more intermodal business than previously forecast for 2016 after the company reported profit growth in the first quarter. The company estimates it will see intermodal volume rise anywhere from 2 percent to 4 percent, an improved forecast from the 1 percent to 3 percent increase predicted in late […]
Intermodal use continues to grow and is earning its place in the spotlight as a way for shippers to optimize cost and mitigate risk.
After a surge in February, the American Trucking Associations’ For-Hire Truck Tonnage Index decreased in March, taking away about half of the gains made the month before. The Truck Tonnage Index decreased 4.5% for the month, equaling 137.6 and down from the reading of 144 in February. February’s number was an all-time high reading.
The price of diesel fuel rose last week for the second straight week, but uncertainty in the crude oil market could curb the increases, according to the latest numbers from the Energy Department.
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