U.S. weekly intermodal volumes moved higher last week amid support from retail and e-commerce, while carloads slumped as some U.S. Gulf Coast facilities seek to fully return to normal following February’s winter storm.
U.S. Class I rail operations are seeking to return to normal, with intermodal terminals opening in the central and western U.S. But the overall network is experiencing delays in multiple locations.
KCS plans to deploy the third phase of its precision scheduled railroading program this year as it eyes an operating ratio goal in the mid-50s by 2022.
KCS’ fourth-quarter 2020 net profit was $165.7 million, compared with $127.2 million in Q4 of 2019.
Kansas City Southern’s new, more stringent emission target will keep the company in line with the Paris Agreement emission goals.
Train lengths, improving network velocity and coronavirus uncertainties are among the big themes expressed by Class I railroad executives at a recent investor conference.
KCS says Mexico protests are impacting fourth-quarter revenue, and Norfolk Southern announces leadership changes.
Railroads are leveraging automation and evaluating assets to improve fuel efficiency. Corporate climate goals are on the rise as railroads increase their conservation and emission-reducing efforts.
Executives are confident about an economic recovery but uncertainty persists over how much volumes will grow in the fourth quarter and into 2021.
Lower operating expenses drove the increase in third-quarter net income.
Although the hurricane isn’t expected to make landfall until later this week, the Class I railroads are preparing now for potential service disruptions.
Railway blockades reportedly are costing the Mexican economy more than $18 million a day.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Mexican train blockade costing millions; Toyota and VW expand in Mexico; tire manufacturer opens Houston facility; Xxentria opens border operation; US, Mexico and Canada extend border closures.
Online sales depend heavily on a robust industrial real estate infrastructure.
U.S. intermodal traffic continues upward trend; separately, Kansas City Southern reportedly rejects takeover bid.
CBP’s Virtual Trade Week symposium kicked off Tuesday with a panel on the advantages of United States-Mexico-Canada Agreement.
The Wall Street Journal is reporting that U.S. Class I railroad Kansas City Southern is in play again. Blackstone and Global Infrastructure Partners are reported to have made an offer.
Class I railroad crews will spend the next two days clearing downed trees and restoring electric power along tracks in southern Louisiana.
Logistics aid network seeking assistance from transportation sector.
The campaign is part of a broader effort to prevent the spillage of the tiny pellets during their transport.
