US weekly intermodal volumes push higher
U.S. intermodal traffic continues upward trend; separately, Kansas City Southern reportedly rejects takeover bid.
U.S. intermodal traffic continues upward trend; separately, Kansas City Southern reportedly rejects takeover bid.
CSX expects the construction of two new intermodal terminals, one in North Carolina and the other in Ohio, to be completed in the first quarter of 2021.
Weekly U.S. intermodal traffic continues upward, but Hurricane Laura could threaten that trend.
Weekly U.S. intermodal volumes notched higher again for the second week in a row.
Intermodal volumes actually grew year-over-year.
U.S. carloads fall nearly 18%, although intermodal traffic slipped by only 1%.
The railroad aims to take market share away from trucks through expanded offerings in the Southwestern and Southeastern U.S.
Weekly volumes for U.S. intermodal units were only 1.7% lower than the same period in 2019.
The expectation that North American consumers will help drive intermodal traffic comes as the railway’s second-quarter volumes were hit by the coronavirus pandemic.
Move aimed at preventing possible container transportation emergency.
Dredging efforts and rail capacity expansions at the Southeastern U.S. ports are part of a broader regional strategy to capture more Midwest-bound container traffic on the East Coast.
The fourth quarter of 2020 or the first quarter of 2021 might be when the intermodal sector will see some volume growth. But truck capacity, fuel pricing and pandemic uncertainties make a recovery hard to pin down.
North American rail volumes last week were approaching levels normally seen during Christmas and New Year’s, according to the Association of American Railroads.
The rail industry will try to keep business as usual for as long as possible, according to recent notices to customers.
Intermodal volumes slump as the coronavirus cuts North American import and export volume.
FreightWaves Market Expert Mike Baudendistel writes about the issues impacting rail intermodal in 2020, and the ongoing battle between the railroads and the trucking industry.
Railroads once carried much of the fresh produce across the U.S. Can they do it again? Jim Blaze explores the topic in his latest commentary.
DHL has issued layoff notices for 134 workers in Detroit as it seeks to renegotiate a contract with a supplier. Also, Amazon ditches delivery providers, rail and intermodal volumes drops.
Canadian National begins “disciplined and progressive” shutdown of eastern network and plans to halt all transcontinental service in response to anti-pipeline protests as impact hits intermodal carriers.
Year-to-date U.S. rail volumes are still sluggish, and the effect of the coronavirus on intermodal volumes remains unclear.