Commentary: Belay that RR intermodal market hype
It is too early to call the intermodal recovery a long-term win for the railroads.
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.
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It is too early to call the intermodal recovery a long-term win for the railroads.
Individuals who allegedly crossed border illegally were reportedly found climbing moving train and locked in grain hopper.
U.S. rail volumes were down by only 1.3% compared with the same period in 2019. Intermodal traffic provided the boost.
The railroad will convert to flat switching at the Pennsylvania yard.
The grants help localities, short lines and passenger railroads improve the safety and efficiency of their rail networks.
The new standard developed by the Railway Supply Institute builds upon existing federal and trade standards.
The U.S. railroads with operations that cross the U.S.-Mexico border are bolstering their networks to manage an anticipated increase in volumes.
Bias-ply tires persist within the nation’s container chassis fleet, but equipment providers vow that their days are numbered with the ongoing switch to radial tires.
Cass data for the month of August shows significant acceleration in demand and rates but the comparisons to 2019 still lag other data sources.
But despite the increase between July and August, employment totals of the U.S. Class I rail operations are still down year-over-year.
2020 could end up for the railroads as the worst overall freight volume loss year-over-year in the past 15 years.
The provision of sizable infrastructure is an example of the government’s positive role in the market for transportation.
FreightWaves chatted with Norfolk Southern’s Chief Sustainability Officer Josh Raglin to learn how the company’s sustainability efforts complement operations.
Newly released case study says gateway’s work could become model for other Canadian ports
U.S. rail volumes, including intermodal traffic, fell in a week that was shortened by Labor Day.
Online sales depend heavily on a robust industrial real estate infrastructure.
FreightWaves CEO and Director of Freight
The U.S. Department of Transportation awarded $1 billion in BUILD grants. A handful of those grants went to projects improving freight rail traffic flows.
The deal comes amid wider efforts from both companies to expand their reach and increase supply chain efficiency.
A bountiful harvest, anticipated surge in export volumes as well as wild card factors could test U.S. rail network capacity post-PSR.