Canadian National and CSX are collaborating on direct intermodal service from the West Coast of Canada to the heart of the U.S. Mid-south region.
Weaker intermodal traffic offset narrow gains in carload freight in the latest Association of American Railroads data.
BNSF Railway and CSX said they will partner on seamless coast-to-coast rail service, just weeks after Union Pacific and Norfolk Southern proposed their own transcontinental merger.
U.S. Commerce Secretary Howard Lutnick backed Union Pacific’s proposed $72 billion takeover of Norfolk Southern, saying it will create more efficient transcontinental rail freight transportation.
Truck and rail dwell and capacity remained stable at the ports of LA-Long Beach despite a record surge in container volumes.
TRAC GeoFleet is an innovative on-demand chassis solution that offers customers guaranteed chassis availability alongside usage-based billing.
Rail freight in the U.S. remained ahead of year-ago volumes for the sixth consecutive week, according to Association of American Railroads data.
The Ocean Carrier Equipment Management Association has appointed industry veteran Rob Cannizzaro as deputy executive director.
Despite economic headwinds, U.S. rail freight shows resilience with increased intermodal and carload volumes in July.
Two of the three primary freight demand indicators have fallen into significant slides with only intermodal holding up, but for how long?
A new Union Pacific service is raising the stakes for intermodal traffic moving from southern California ports to Chicago.
Shipments of freight by rail continue to run ahead of year-ago levels, according to the latest data from the Association of American Railroads.
While Union Pacific and Norfolk Southern have agreed to consolidate, intermodal heavyweights will have to reassess their links to the major railroads.
An association representing several thousand rail shippers is warning a merger of Union Pacific and Norfolk Southern will push freight rates higher and lead to unreliable service.
BNSF saw earnings improve in the second quarter and first half of this year as lower costs outweighed weaker revenue per car.
The Port of Los Angeles is poised to reap the benefits of Union Pacific’s acquisition of Norfolk Southern, its top executive says.
The activist investor that helped spur the historic Union Pacific-Norfolk Southern deal is building a position in CSX.
Canadian National, one of two transcontinental railroads in Canada, expressed support for the proposed coast-to-coast merger of Union Pacific and Norfolk Southern.
Intermodal, coal, and grain helped Canadian Pacific Kansas City to improved profits in the second quarter.
The proposed acquisition creates the first transcontinental freight railroad.
Shippers wary of higher rates, service issues with one entity controlling 52,000 miles of track.
Union Pacific and Norfolk Southern announced a merger that will create the first transcontinental railroad with an enterprise value of more than $250 billion.
Just in case ordering has diminished the truckload market’s utility, specifically for cross continental freight, but that mechanism may come undone later in the year.
New domestic lanes expand intermodal service from the West Coast through the Midwest to Texas.
Universal Logistics Holdings reported a decline in second quarter earnings and revenue due to lower volumes and demand.
Universal Logistics Holdings reported a 15% decrease in revenue to $393.8 million in the second quarter.
Union Pacific saw record results in the fourth quarter as coal shipments led gains across business segments.
Carload freight and intermodal volumes ran ahead of year ago levels, according to the latest weekly rail data.
Profits at CSX fell in the second quarter as weaker merchandise traffic outweighed improvement in intermodal volumes.
Canadian rail carrier CN said cost controls helped boost operating income as tariff and other economic factors muted revenues.
Intermodal, coal, and grains are driving Class I railroad traffic higher.
Union Pacific, the largest publicly-held railroad, is in merger talks with eastern rival Norfolk Southern, according to a published report.
BNSF Railway and Union Pacific came to an agreement on routing of intermodal trains ahead of a meeting with regulators.
Building upon SONAR intermodal and dry van contract rate data already available in the platform, as of today, intermodal savings rates are now included in SONAR, as a national average, for 63 individual lanes, and two indices. The LA to Dallas lane is competitive between truckload and intermodal with a 9% average intermodal savings rate. […]
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.
