Democrats: Trump’s immigration focus undermines war on cargo theft
Heists at freight terminals are getting more brazen as Senate Democrats question Trump administration priorities.
Heists at freight terminals are getting more brazen as Senate Democrats question Trump administration priorities.
J.B. Hunt Transport Services reported a largely inline second quarter on Tuesday.
BNSF is eyeing intra-Texas drayers with expedited intermodal services connecting Los Angeles and Houston.
Schneider National announced improved transit times on its cross-border intermodal service with Canadian Pacific Kansas City.
Rail freight turned in solid gains for the holiday week ending July.
BNSF asks Surface Transportation Board for emergency order to start southern California-Salt Lake City service over Union Pacific tracks.
Intermodal helped make CPKC the fastest-growing railroad in the second quarter.
Carload rail freight edged down in the latest week but stayed ahead of year-to-date levels.
A panoply of socioeconomic factors are weighing on rail freight, as the economy wrestles with signs of strength and uncertainty, a new analysis finds.
That light at the end of the rail merger tunnel is becoming an oncoming investment express.
Rail traffic was flat in the latest week data as softening demand for China imports likely hit intermodal volumes.
U.S. rail traffic was down for a second straight week y/y, the first back-to-back decline this year after 15 straight weeks ahead of 2024 levels.
A letter from the STB chairman says customers continue to report problems in southern US, requests details of ‘concrete steps’ to recover.
The largest U.S. railroad is taking a customer-focused approach as it deploys technology across it 32,000-mile system.
Carload freight showed solid growth in May, but a marked decline in containers and trailers signals caution for the second half of this year.
History doesn’t provide a road map for how intermodal traffic may perform in the midst of a trade war, analyst Larry Gross says.
J.B. Hunt Transport Services has expanded its premium intermodal offering, Quantum, to businesses in Mexico.
Freight on U.S. railroads posted another win against year-ago shipments.
In the calm before the surge, BNSF is confident its network can handle the coming wave of import containers from Asia.
Chassis provider DCLI is upgrading its domestic intermodal chassis fleet with BlackBerry Radar GPS technology.
Coal remained the commodity leader as U.S. rail carloads stayed ahead of year-ago levels.
The ports of Los Angeles and Long Beach are looking for a new harbor rail operator for the first time since 1998.
Railroad executives told an investors conference that future mergers face likely insurmountable regulatory hurdles.
The Port of Savannah saw record container traffic for the month of April, the third straight record month for the Georgia gateway.
Surface Transportation Board Chairman Patrick Fuchs has added a team of public-private advisers as he reforms the federal freight rail regulator.
The ITS Logistics US Port/Rail Ramp Freight Index shows looming issues at rail terminals and an early peak season ahead.
Eastbound international container volume out of Southern California was down 5% from the prior week and 10% compared to the four-week rolling average, according to RailState.
Cross-border tensions are moderating Canadian National’s outlook, but its CEO still expects around 3% growth in freight volumes this year.
U.S. railroads carried more freight in the most recent week from a year ago, according to the latest industry data.
The Port of Virginia wants container shippers to know that it’s not beholden to China.
Carriers in port cities brace for ‘air pocket’ The Los Angeles outbound tender rejection rate is only 2% compared to the national tender rejection rate of 5.4%. (Chart: SONAR) Import volume remained strong in April, as FreightWaves described, with imports up 1.2% from March and 9.1% year over year. Going forward, a major drop-off in […]
Hub Group posted an 8% year-over-year decrease in total revenue in the first quarter, to $915.2 million.
Southern California is at the epicenter of freight coming from China. Domestic demand patterns have not changed much since “Liberation Day,” but no one expects this to last.
Carload volumes for North American railroads are still running ahead of year-ago levels.
CN said cost control and disciplined operations helped it to better revenue and profits in the first quarter.
Canadian Pacific Kansas City said earnings rose on higher revenue and increased freight on its network.
Universal Logistics Holdings’ first-quarter revenue decreased 22.3% year over year to $382.4 million.
Union Pacific has brought a rare trackage rights dispute with BNSF to the Surface Transportation Board.
Universal Logistics Holdings reported a 22% decrease in revenue and an 88% drop in earnings per share in the first quarter.
Union Pacific said first-quarter earnings were flat as the railroad’s volume gains were offset by the mix of freight on its network.
Norfolk Southern shook off severe winter weather in the first three months of the year to post improved operating income in the first quarter.
During the COVID years, transportation providers were flooded with freight that needed to move yesterday. The current environment is flooded with freight that needs to move in a few weeks, maybe.
Shortline railroads are precisely the business partners that major railroads need to stanch a decline in the carload business, a consultant says.
Rail traffic in the U.S. rose 11.2% for the week that ended Saturday – the sixth straight increase.
The strength in ocean bookings today will not translate into domestic freight volumes until May at the earliest.
The chief executive of Union Pacific says his railroad will work through trade uncertainties the same way it worked through the tech bubble and the pandemic.
Two trade-dependent intermodal projects by BNSF Railway will move forward despite the Trump administration’s announcement of new tariffs.
Class 1 railroads saw mixed results in Q4 of 2024, but consultant Oliver Wyman sees a steadier year ahead.
Reflecting the tariff pull-forward, rail intermodal takes share from truckload.
Until recently, surface transportation demand in total was relatively flat with shippers utilizing the rails more frequently. Annual intermodal growth has stabilized, with truckload demand eroding beyond the modal shift offset.
For a fourth straight week, U.S. rail traffic has recorded an increase of more than 5% over the same week a year earlier. Statistics from the Association of American Railroads for the week ending March 22 show total traffic was 496,214 carloads and intermodal units, a 5.5% increase over the same week in 2024. That […]
Rail traffic in the U.S. is staying ahead of 2024 levels, according to the Association of American Railroads.
Trade group says stores continue to import as much merchandise as possible.
CSX is detouring well over a dozen trains daily now that the Howard Street Tunnel project is underway in Baltimore.
Weekly U.S. rail traffic posted a 5.5% gain from the year-ago period as coal and grain led commodity gainers, according to the Association of American Railroads.
Commodities were narrowly ahead in weekly U.S. rail traffic, according to the Association of American Railroads.
The Belt Railway of Chicago has appointed former CN and CP executive Jerry Peck as president and general manager.
The early-year supply chain lull swept rail freight in the latest carload data from the Association of American Railroads.
Railroads are weighing the uncertainty of President Trump’s proposed tariffs and foresee a moderate cross-border impact, executives told an investor conference.
BNSF’s saw fourth quarter revenue decline primarily due to a 6.6% drop in average revenue per carload.
Carload volume on U.S. railroads for the week ending Feb. 15 finished narrowly ahead of the same period in 2024.
Freight market not tightening in time for bid season.
U.S. rail traffic has risen for the fifth time in the first six weeks of 2025.
A tax credit to help pay for the renewal of the U.S. freight car fleet has been reintroduced in Congress.
A ceremony marked the opening of CPKC’s new Patrick J. Ottensmeyer International Railway Bridge crossing the Rio Grande, at the busiest rail gateway connecting the United States and Mexico.
Universal Logistics lowered its 2025 guidance due to headwinds in the intermodal market and expenses from a recent acquisition.
Universal Logistics Holdings reported a 19% increase in operating revenue to $465.1 million in the fourth quarter.
Liner operator Ocean Network Express and LX Pantos are partnering on Boxlinks for U.S. domestic intermodal logistics.
A new report from the Intermodal Association of North America found international volumes helped intermodal freight author a turnaround in 2024.
Canadian National and the International Brotherhood of Electrical Workers of Canada have reached a tentative agreement on a new four-year contract, averting a strike that was slated to begin Tuesday. The union represents approximately 750 signals and communications employees across Canada. They have been working without a contract since Dec. 31, 2024. Montreal-based CN (NYSE: […]
Union Pacific reported profit 7% higher from a year ago, as rail freight volumes gained and operating margin improved.
Container volumes have not slowed in January, blowing out year-over-year comps.
At MARS meeting, the biggest U.S. Class 1 railroad also talks shipment security, Mexico business, and growth.
WASHINGTON — While global transportation transitions to a cleaner future fueled by alternative power sources, North American railroads have fewer good options outside of diesel fuel. “We love diesel; we like to take showers in diesel,” joked Michael Nicoletti, a partner at Innovative Rail Technologies (IRT), at “Toward Zero Emissions in Rail: Lessons Learned,” a […]
STB Chairman Robert Primus addressed the Midwest Association of Rail Shippers on Thursday.
While U.S. businesses look forward to 2025, the Association of American Railroads says policy and economic uncertainty tempers the year-ahead outlook.
Intermodal volumes are robust, even past peak retail season. What does it mean for 2025?
Direct ChassisLink Inc. announced it’s adding GPS tracking to its entire fleet of 53-foot domestic chassis.
CPKC and cold chain logistics specialist Americold will expand their strategic collaboration to co-development projects in Mexico.
Resilient consumer spending and a healthy jobs market underpinned record intermodal volumes through November, a new report finds, as the U.S. economy enjoys stable footing approaching 2025.
With the freight recession seemingly in the rearview mirror, FreightWaves’ transportation market experts advise on how to prepare for 2025.
J.B. Hunt Transport Services is hopeful that Western rail service will improve, allowing it to layer higher contract pricing across record intermodal volumes.
Could intermodal be capping the truckload market’s potential breakout?
Schneider National announced it will begin an intermodal service connecting Mexico and Texas with the U.S. Southeast next month.
Tariffs, taxes, the FTC and food regulations are among the major issues.
With deep roots in the truckload space and a strong commitment to innovation, Werner has positioned itself as an intermodal leader across the North American markets.
Trinity Industries, which builds tank cars, covered hoppers and other freight cars saw lower revenue but higher profits on better railcar lease rates and improved efficiencies.
Hub Group reported year-over-year revenue decreases in its intermodal and logistics segments during the third quarter.
Universal Logistics Holdings officials said they expect operating revenues of $1.8 billion to $1.9 billion in 2025.
Universal Logistics Holdings’ third-quarter financial results show year-over-year decreases in its trucking, brokerage and intermodal segments.
CPKC saw single-digit gains in freight volumes in the third quarter, but the operating ratio climbed as a brief lockout of union employees hit network operations.
While hedge funds wring savings from other Class 1 railroads, Union Pacific CEO Jim Vena says his line can win new business with service and “operational excellence.”
Tender rejection rates rise for reefer, but remain muted for dry van, suggesting supply and demand in the reefer segment is much more balanced.
J.B. Hunt Transport Services beat third-quarter expectations as it awaits a turn in the freight market.
J.B. Hunt Transport Services reported a better-than-expected result for the 2024 third quarter on Tuesday after the market closed.
Hub Group announced a joint venture with Mexico’s largest intermodal carrier, EASO.
Containerized logistics services provider STG Logistics said it will use a new $300 million debt and equity financing package to fund future growth.
Union Pacific says it’s already successfully handling the surge in container volume at West Coast ports, which began weeks ago as shippers sought to dodge a potential strike at ports on the East and Gulf coasts.
U.S. railroads see the highest weekly intermodal traffic since the pandemic, and ongoing supply chain issues could aid further gains as a threatened longshore strike creeps closer.
A shuttered California-based trucking company that once pulled intermodal containers out of the Port of Oakland has filed for Chapter 7 bankruptcy liquidation.