Former Bethlehem Steel plant site at Sparrows Point, Maryland, attracts shippers and 3PLs to build Northeast distribution centers.
The Rail Pulse members control a potential car fleet universe of about 300,000 units.
Hub Group sees a strong demand environment continuing as most of its customers are operating with lean inventories. The company expects tight freight fundamentals to create a favorable rate environment in 2021.
The railroad will be idling rail yards around Atlanta and will cease humping operations at its Macon, Georgia, yard.
The Eastern U.S. railroad reported an adjusted net income of $643 million in the third quarter of 2020, compared with $657 million a year ago.
“Port partners are taking proactive steps to add more resources and service hours to support this untraditional peak cargo volume season.”
The Eastern U.S. railroad said it expects preliminary operating revenue of $2.5 billion and operating expenses of $1.67 billion in the third quarter of 2020.
Although the hurricane isn’t expected to make landfall until later this week, the Class I railroads are preparing now for potential service disruptions.
The railroad will convert to flat switching at the Pennsylvania yard.
FreightWaves chatted with Norfolk Southern’s Chief Sustainability Officer Josh Raglin to learn how the company’s sustainability efforts complement operations.
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.
Hub Group’s second-quarter earnings beat was accompanied by the expectation for intermodal volume to increase in the high-single-digit range for the rest of the year.
The railroad aims to take market share away from trucks through expanded offerings in the Southwestern and Southeastern U.S.
Second-quarter rail volumes fall by 26%.
Supply chain strategy set “to seamlessly and efficiently import materials and export tires to global markets.”
With no end in sight to the pandemic in North America, BMWED says railroads should enhance worker safety.
CN lays out 2020 capex plans for Nova Scotia, railroad supply group’s head to depart, and Norfolk Southern makes changes to its demurrage and accessorial charges tariffs.
Rail traffic continued to build through June. U.S. intermodal traffic was only off 5% year-over-year in week 26.
