United States rail carload and intermodal volumes were again mixed for the week ending February 13, according to the Association of American Railroads (AAR).
The sights at Secure Rail 2016
The second annual Secure Rail conference drew more than 100 people to Orlando, Fla., last week. Held Feb. 9-10 and organized by Progressive Railroading, the event addressed physical and cyber security in the North American rail industry. For a look inside the event, follow this link to view a slideshow of conference highlights.
BNSF CEO: CP-NS merger would beget further consolidation
Matt Rose, chairman and CEO of BNSF Railway, said a deal between Canadian Pacific and Norfolk Southern is unlikely because it would require buy-in from investors, rail labor, customers and public policy makers.
U.S. carload traffic still mired in shrinking pattern, AAR data shows
The intermodal volume up/carloads down trend continued for U.S. railroads in February’s first week. For the period ending Feb. 6, U.S. roads reported 241,680 carloads, down 11.7 percent, and 262,830 intermodal loads, up 10.5 percent compared with the same week in 2015, according to Association of American Railroads data.
Intermodal Freight Growth Strong Last Year
Despite network congestion and economic headwinds, intermodal freight saw solid growth in 2015, but the level of freight was barely up in the final quarter, according to the Intermodal Association of North America.
US mid-Atlantic, Northeast cargo delays linger after winter storm
Shippers across the U.S. can expect delays this week as the Mid-Atlantic and Northeast dig out from Winter Storm Jonas, which dumped two or more feet of snow on a region stretching from West Virginia to New England and created icy road conditions in an even larger area. The storm created a multi-day crisis for […]
Six reasons why the RILA board just got stronger
The Retail Industry Leaders Associations just named nine new members to its board of directors, including six CEO’s from some of the biggest names in retail. Joining the RILA board for the first time were CEO’s from J.C. Penney (Marvin Ellison) Foot Locker (Richard Johnson), PetSmart (Michael Massey), The Home Depot (Craig Menear), Michaels (Chuck […]
Winter weather tests US intermodal rail service recovery
Just as Class I railroads announce service has finally recovered to 2013 levels, harsh winter weather is testing their improved train speeds and dwell times. A winter storm swept across the U.S. Midwest and Northeast early this week, blizzard-like wind and snow creating near white-out conditions Tuesday. (This article requires registration at the Journal of […]
Rate Outlook 2016: Global ripple effect
Trade and transport analysts see a negative market outlook worsen, though some contend that this trend could be reversed later in the year. Meanwhile, logistics managers should brace for a volatile period of rate fluctuation.
Wal-Mart to Shutter 269 Stores, 154 of them in the US
Wal-Mart is closing 269 stores, more than half of them in the U.S. and another big chunk in its challenging Brazilian market. The stores being shuttered account for a fraction of the company’s 11,000 stores worldwide and less than 1 percent of its global revenue.