Canadian railway CN and Norfolk Southern are partnering to create a domestic intermodal service that will connect Canadian customers with markets in the U.S. Southeast.
The new service will provide a direct connection from the Port of Savannah to CSX’s intermodal terminal in Rocky Mount, North Carolina.
STG Logistics will extend its reach in Canada by offering “port-to-door” services in six new markets in addition to the Toronto and Montreal markets that it already serves.
Cathay Pacific is rebuilding its passenger network after a three-year pandemic freeze, and the network effect is greatly benefiting the freighter operation.
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Universal Logistics reported revenue of $413 million and earnings per share of 90 cents during the second quarter.
Vizion’s solution allows users to receive tracking updates for all containers across both ocean and rail without a letter of authorization.
Union Pacific’s expanded service allows ocean carriers and BCOs to utilize on-dock rail at the Barbours Cut Container Terminal at Port Houston.
Universal Logistics Holdings saw revenue declines in its trucking, brokerage and intermodal segments in the first quarter.
“Although the U.S. supply chain is not having the issues that occurred over the last two years, many of the underlying problems remain,” said Cornerstone Systems’ Guy Wallace.
Hub Group had year-over-year revenue declines in its intermodal and logistics segments during the first quarter.
Canadian Pacific Kansas City railroad announced a deal with Knight-Swift Transportation to provide intermodal capacity for a Mexico-to-Chicago train.
Not to be outdone by CPKC, CN said it is partnering with Union Pacific and Grupo México to provide a new, cross-continent intermodal service that will seek more truck-to-rail conversions.
Forward Air said Monday it is adding an intermodal drayage operation in Linden, New Jersey, to serve Port Newark.
When trucking capacity tightens and rates increase, intermodal shipping by rail becomes more attractive in general. That does not appear to have happened during the pandemic years.
Hub Group had higher revenue in its logistics, truck brokerage and intermodal segments during the fourth quarter.
RoadOne IntermodaLogistics has acquired The Transporter Inc., an intermodal service provider with facilities in Houston, Dallas and Laredo, Texas.
1991: The new system allows automobiles to move in regular intermodal containers instead of the multilevel railcards that now are the industry standard.
Nike has remained a popular shoe brand for decades (Photo: AP File/Matt Rourke)
The outlook for truckload demand is flat to down and more capacity continues to enter the market, according to Uber Freight senior economist Mazen Danaf.
