Potential service disruptions from the proposed Canadian Pacific-Kansas City Southern merger could be a key issue explored by regulators reviewing the merger, FTR says. The consulting firm also projects favorable market conditions for intermodal rail and carloads in 2021 and into 2022.
U.S. intermodal traffic continues its upward trend but carloads are still lower year-over-year.
A study commissioned by the Coalition Against Bigger Trucks suggests that modifying federal rules to allow for heavier and longer trucks could result in diverting roughly 25% of U.S. rail traffic to trucks.
Several management teams from North America’s largest Class I railroads were on hand to discuss current demand, their networks and the future at the Credit Suisse 7th Annual Industrials Conference.
North American Class I carloads increased year-over-year in week 47 on a favorable comp. The prior four-week average remains weak.
Can carload rail become a volume and market share leader in today’s emerging high-tech freight logistics world? Or will it continue to exhibit a declining role?
Rail volumes were off again for the week ending June 29, 2019 with U.S. railroads reporting a 5.5 percent decline.
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