• ITVI.USA
    15,859.850
    -49.550
    -0.3%
  • OTLT.USA
    2.773
    -0.003
    -0.1%
  • OTRI.USA
    21.460
    -0.150
    -0.7%
  • OTVI.USA
    15,864.700
    -50.600
    -0.3%
  • TSTOPVRPM.ATLPHL
    3.520
    0.380
    12.1%
  • TSTOPVRPM.CHIATL
    2.960
    -0.660
    -18.2%
  • TSTOPVRPM.DALLAX
    1.610
    0.250
    18.4%
  • TSTOPVRPM.LAXDAL
    3.340
    -0.130
    -3.7%
  • TSTOPVRPM.PHLCHI
    2.100
    -0.250
    -10.6%
  • TSTOPVRPM.LAXSEA
    3.860
    -0.220
    -5.4%
  • WAIT.USA
    126.000
    -2.000
    -1.6%
  • ITVI.USA
    15,859.850
    -49.550
    -0.3%
  • OTLT.USA
    2.773
    -0.003
    -0.1%
  • OTRI.USA
    21.460
    -0.150
    -0.7%
  • OTVI.USA
    15,864.700
    -50.600
    -0.3%
  • TSTOPVRPM.ATLPHL
    3.520
    0.380
    12.1%
  • TSTOPVRPM.CHIATL
    2.960
    -0.660
    -18.2%
  • TSTOPVRPM.DALLAX
    1.610
    0.250
    18.4%
  • TSTOPVRPM.LAXDAL
    3.340
    -0.130
    -3.7%
  • TSTOPVRPM.PHLCHI
    2.100
    -0.250
    -10.6%
  • TSTOPVRPM.LAXSEA
    3.860
    -0.220
    -5.4%
  • WAIT.USA
    126.000
    -2.000
    -1.6%
FreightWaves LIVEFreightWaves LIVE: Events PodcastIntermodalNewsRail

Intermodal Summit: Opportunities abound for Class I railroads

‘We’re part of the supply chain ecosystem, and we’re working on everything we can do to improve the ecosystem and improve the capacity’

FIRESIDE CHAT TOPIC: Less-than-carload service

DETAILS: A Class I railroad’s perspective: Alan Shaw, Norfolk Southern’s executive vice president and chief marketing officer, discusses the current intermodal operational challenges and outlook amid the boom in U.S. imports, constrained ocean capacity and congestion at many points in the North American intermodal network.

SPEAKERS: Alan Shaw, Norfolk Southern’s executive vice president and chief marketing officer, and Mike Baudendistel, FreightWaves market expert in rail, intermodal and equipment

BIO: Shaw has held various positions during his 27 years at Norfolk Southern. He has served as vice president-intermodal operations (2013-2015), group vice president-chemicals (2009-2013), group vice president-coal transportation services (2008-2009) and director-coal transportation services (2002-2008), and held positions in the coal and finance departments (1994-2002). In Shaw’s current position, he has responsibility for marketing and sales, industrial development, shortline, real estate, and customer operations and service activities across the NS network, including international business activity. 

KEY QUOTES FROM SHAW:

“The [intermodal] demand environment is incredibly strong, and it will remain there this year and well into 2022 as we move through this prolonged inventory replenishment cycle. The question for intermodal as a whole is, how do we apply capacity to the environment in which we’re operating?”

“I think what the [reopening of the Greencastle intermodal facility in Pennsylvania] does is show our mindset. We’re part of the supply chain ecosystem, and we’re working on everything we can do to improve the ecosystem and improve the capacity.”

“Intermodal has a role to play [in midsize cities] as well. Think about the folks moving into suburbs or further out. They might not have the retail alternatives that they’re used to in the larger cities. And so, you could see their buying patterns shift more towards e-commerce. As we’ve discussed, e-commerce is heavily intermodal-intensive, and so that creates more opportunities [for] our footprint of terminals. I think we are uniquely positioned to serve those markets, and Greencastle is a good example of that.”

Joanna Marsh

Joanna is a Washington, DC-based writer covering the freight railroad industry. She has worked for Argus Media as a contributing reporter for Argus Rail Business and as a market reporter for Argus Coal Daily.

Leave a Reply

Your email address will not be published. Required fields are marked *

We are glad you’re enjoying the content

Sign up for a free FreightWaves account today for unlimited access to all of our latest content

By signing in for the first time, I give consent for FreightWaves to send me event updates and news. I can unsubscribe from these emails at any time. For more information please see our Privacy Policy.