Commentary: Is intermodal rail stalling?
Market Voice Jim Blaze writes about rail intermodal and what is happening to this area of the railroad sector.
Railroads continue to play a significant role in North America’s economic infrastructure. According to the U.S. Department of Transportation Federal Railroad Administration, the U.S. rail freight network covers almost 140,000 route miles and is generally considered the largest, safest, and most cost-efficient freight system in the world. In addition, says the FRA, the almost $80 billion rail freight industry creates more than 167,000 jobs across the country.
In essence, rail freight companies charge businesses to carry cargo across their network of rails. Their rates are overseen by the Surface Transportation Board, a federal agency that regulates financial aspects of surface transportation. Major railroads in North America include Union Pacific Railroad, BNSF Railway, CSX, Norfolk Southern, Canadian Pacific Kansas City and Canadian National Railway.
Keep up with the latest news, trends and reports concerning rail freight transport here!
Market Voice Jim Blaze writes about rail intermodal and what is happening to this area of the railroad sector.
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The railroad contends the Interstate Commerce Commission Termination Act and the Federal Railroad Safety Act preempt Oklahoma’s law.
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Using data from FreightWaves SONAR, economist Ibrahiim Bayaan writes about the state of the U.S. retail market and what is ahead for this key sector.
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The continued slump in U.S. rail volumes is putting pressure on overall North American rail volumes.
The railcar manufacturer and lessor has been tinkering with its designs for railcars to expand their volume capacity while also making them lighter.
Most forecasts have been conservative, but not this one.
Headcount continues to fall at U.S. rail operations as the railroads implement precision scheduled railroading.
Jim Blaze writes about FreightWaves SONAR and how it could be a helpful tool for the freight railroads.
A federal appeals court denies a request by rail shippers to form a class lawsuit, and U.S. Senators press the Surface Transportation Board to take action.
Grain may return with trade growth, but frac sand in structural change.
A new app aims to streamline household moves, plus China shipping empty containers to Europe and air cargo volumes drop again.
Ohio-based container yard/terminal management software system Depot Systems has today been bought by Sydney, Australia-based WiseTech Global (ASX: WTC) for an undisclosed sum.
The Federal Railroad Administration is asking freight and passenger railroads to apply for grants aimed at upgrading infrastructure or enhancing safety.
The July Cass Information Systems Inc. Freight Shipments Index sounded dire warnings for an economic contraction following the eighth consecutive month of negative year-over-year numbers.
Competition from other grain-producing countries weigh on U.S. grain exports – and on U.S. rail volumes for grain.
Year-to-date North American rail volumes fell 2.3 percent last week. But what about for the rest of the year?