Facility designed to link inland businesses with Savannah port through dedicated rail service
Also today: going to jail for bogus CDLs; ecommerce driving the Canada Post labor dispute.
Norfolk Southern adds info on impending HQ move to Atlanta.
In this final part of the three-part series, the author looks at what steps need to be taken to successfully implement precision railroading.
Although a full reveal of its strategy was not part of the conference call, the discussion of the “clean sheets” program shows that Norfolk Southern has undertaken a review of its operations on its way to how much of the precision railroading model it will adopt.
West Coast ports post strongest volumes ever; Norfolk Southern is moving to Atlanta; flatbed tender rejections stay down; expect electric trucks in 2020; pregnant XPO Logistics warehouse workers suffer miscarriages; E2open buys Inttra; Iraq produces more oil but can’t rebuild.
Comments by the railroad previously were somewhat vague. But the CEO wasn’t vague in a video to employees.
In his preview of the railroads’ Q3 earnings reports, Susquehanna’s Bascome Majors set optimistic price targets but warned that P/E valuations are at historically high levels.
Four new inbound truck lanes recently opened at Virginia International Gateway, increasing the capacity at the terminal’s gate complex by 30 percent.
Norfolk Southern has control over a small connector railroad in the Hampton Roads port area, and CSX says it is using that control to block CSX from launching significant intermodal service there.
The debt rating agency sees some drawbacks to the process, but is otherwise strongly in support of the growing trend.
The Georgia Ports Authority approved a measure that will double its intermodal rail capacity as the port continues to see strong growth in container volumes. The GPA approved $92 million in funding for the Mason Mega Rail Terminal. The new terminal will bring the Port of Savannah’s intermodal rail capacity to 1 million containers annually. […]
The advantage of a broader talent pool and air service to almost anywhere in the country and the world gives Atlanta a huge advantage over a place like Norfolk.
U.S. coal shippers face hiccups as one of the largest export facilities offline during Florence.
The monthly numbers of ACT and FTR on class 8 builds set new records; a Goldman Sachs report tries to measure the number of scrubbers that will be used for meeting IMO2020 standards.
A Norfolk Southern executive suggested that the company’s management will have a lot to talk about on its next quarterly earnings call.
The class 1 railroad owned by Berkshire Hathaway had the worst OR of any of the class 1 railroads for the second quarter.
The improved Operating Ratio posted by Norfolk Southern wasn’t enough to stop analysts from asking about its comparison to that of CSX.
Norfolk Southern (NYSE: NSC) today announced it has joined the Blockchain in Transport Alliance.
Intermodal prices generally take their cues from the truck market, so this is a lagging indicator.
