Down week for rail traffic
Rail freight trended lower in the latest weekly data from the Association of American Railroads.
Rail freight trended lower in the latest weekly data from the Association of American Railroads.
While lower imports ease traffic at intermodal terminals, the ITS Logistics US Port/Rail Ramp Freight Index cautions the silver linings hide gathering clouds.
Intermodal traffic and carload freight were higher for a second consecutive week, according to the Association of American Railroads.
Rail freight posted its third-biggest drop this year as carload and intermodal shipments declined.
BNSF Railway states that Union Pacific’s deal to acquire Norfolk Southern will hurt rail competition, increase rates, reduce service, and likely lead to operational issues.
CSX has officially opened the Howard Street Tunnel after a clearance project that will boost container volume at the Port of Baltimore.
Intermodal containers and trailers led a down week for U.S. rail freight, according to AAR data.
Truckload carriers are not only hauling less freight, but moving it less distance. This has a compounding effect on keeping capacity loose as longer moves take up more capacity. If supply chain strategies normalize, it could have an impact on transportation markets.
Chemical and automotive shipments led gainers as U.S. rail freight remained ahead of 2024 traffic.
CSX CEO Joe Hinrichs states that railroads’ focus on profit margins over growth has led to stagnant traffic levels.
Following similar interline moves by competing railroads, merger partners Union Pacific and Norfolk Southern have introduced an array of new domestic intermodal services.
Union Pacific and Norfolk Southern argue rival interline alliances prove their proposed merger enhances railroad competition.
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.