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.
Intermodal providers are taking share with grace, but is it counterproductive to pricing gains?
Even a short work stoppage by the ILA would greatly disrupt freight networks. SONAR charts show evidence of shippers looking to avoid getting caught in a potential ILA strike which has impacts on maritime, rail intermodal and truckload data.
No talks are scheduled between employers and the International Longshoremen’s Association, which represents unionized workers at ports on the U.S. East and Gulf coasts. Bargaining has stalled over technology and pay issues.
The Montreal Port Authority is spending more than $42 million to restore and upgrade the Pie-IX rail bridge, a project that will also help a port-based sugar refiner boost capacity.
The truckload market appears to be increasingly stable through a period when it normally isn’t. While the immediate future appears uneventful, the holiday shipping season is anything but certain.
International Longshoremen’s Association representatives unanimously backed President Harold J. Daggett’s call for a coastwide strike at ports from Maine to Texas on Oct. 1.
In the latest move to strengthen the largest U.S. container gateway, a key Port of Los Angeles terminal will receive $52 million to upgrade its on-dock rail capacity.
Empty containers could be a strong transportation demand signal for September, but the market appears ready to handle it, for now.
Rail’s lower shipping costs and reduced carbon emissions often come at the expense of reliability and service. CSX is committed to changing that.
FreightWaves’ State of Freight webinar suggests U.S. consumers could help boost the freight marketplace during the holidays.
Minnesota’s federally mandated State Freight Plan identifies key areas for investment in the statewide transportation system to ensure goods movement that is safe, efficient and sustainable.
The Port of New York-New Jersey was the latest gateway to benefit from the early peak shipping season as importers stocked up on holiday inventory to circumvent a host of supply chain issues.
It could take the two largest Canadian railroads a week or more to recover from the effects of a shutdown that briefly stalled billions in freight including transborder trade with the United States.
Eastern railroad CSX said it had come to tentative agreements with seven more unions ahead of scheduled collective bargaining, just days after it announced five early deals with unionized workers.
The agreements were announced just days after CSX completed early deals with its unions as labor flexes its newfound strength with employers following the pandemic.
The Port of Los Angeles has named Erica M. Calhoun deputy executive director overseeing the city of Los Angeles Harbor Department’s Administrative Bureau.
As eastbound import traffic continues to grow, Union Pacific announced surcharges for its premium EMP and UMAX services out of the Southern California gateway.
The industries to be most heavily impacted are those in bulk commodities, such as grain, potash and metallurgical coal. In addition, several intermodal corridors will be heavily impacted including long-haul international intermodal lanes, cross-border lanes. US intermodal volume is seeing a boost, but that could lead to congestion.
CN said it received no response from Teamsters after making a final contract offer in a bid to avoid service disruption.
While contract talks between Canadian National, Canadian Pacific Kansas City and union employees continue, a rail shutdown would reverberate through the supply chain connecting Canada and the U.S.
Amid lockout and strike notices, contract bargaining continues as Ottawa makes a push for both sides to come together on a new rail labor contract.
Canada’s busiest import gateway is managing port fluidity as railroads issue lockout notices, and Teamsters are warning of a planned strike as the latest contract talks fail.
The outlook for supply chain congestion this fall led importers to move holiday goods earlier than usual through Long Beach, the second-busiest U.S. port.
Construction continues on a Chicago bridge project designed to reduce delays and improve flow by untangling freight and passenger rail lines.
