Regulators nervous about rail freight decline
The Biden administration is calling railroad executives to Washington to explain how they plan to reverse negative cargo trends and grow their business.
The Biden administration is calling railroad executives to Washington to explain how they plan to reverse negative cargo trends and grow their business.
U.S. intermodal volumes actually grew in September, according to the Association of American Railroads. And with the harvest season in full swing in the fourth quarter, expect rising grain volumes.
To view more FreightWaves infographics, click here
To view more FreightWaves infographics, click here
To view more FreightWaves infographics, click here
This week in Borderlands: Houston export terminal lets Temco capitalize on grain demand; $10M FAST lanes completed at World Trade Bridge; Spearpoint Logistics to open distribution hub in Texas; and Port Houston’s terminal container yards receive upgrade.
U.S. freight railroads moved fewer volumes in 2022 than 2021 amid declines in intermodal traffic, according to recent industry data.
Railroad intermodal volumes are down, but consumer spending remains relatively strong. Carloads of coal are up, but forest products are down. Whether these volume changes reflect broader macroeconomic slowing remains less clear.
See how much fits on a single rail car
Craig Fuller explains the impact of higher diesel prices on the U.S. economy and consumers.
See how much a single rail car can carry
FreightWaves market expert Mike Baudendistel chats with Harris Ligon, co-founder and CEO of a stealth startup, about how recent growth trends for industrial production in North America will affect rail volumes and equipment availability.
From executive transitions at Union Pacific and Pacific West to January rail volumes to new offerings in the MoW lessor space, here are some news items rounding out the week.
Despite being stymied by labor shortages and lack of equipment such as chassis in the second half of 2021, U.S. intermodal volumes were actually pretty high considering the yearly total.
From M&A to supply chain disruptions, the freight rail industry navigated an often unpredictable 2021.
The efforts it takes to ship the great Rockefeller Center Christmas tree; rail is the new hotness in shipping; and why we buy so many presents at Christmas.
Freight railroads are committed to delivering the best possible service product for customers and consumers
Intermodal rail volumes were lower again year-over-year in September as the ability to process containers and imports is stymied by ongoing supply chain capacity constraints.
The railroads have been facing a number of headwinds in recent months, all of which could put pressure on their financial outlooks for 2021, according to investment firm Cowen.
Port of New Orleans recorded mix results during August, which officials attributed to global supply chain issues.