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.
