As this year’s peak season gets underway, dislocations in the supply chain are increasing. However, this is really nothing new as the industry has been in peak mode for a year.
Plaquemines Port announced it has found the site for its state-of-the-art container terminal that will be able to handle vessels carrying up to 22,000 TEUs.
The CEOs of five Class I railroads tell the Surface Transportation Board that the root causes of the congestion facing rail intermodal terminals are beyond the railroads’ control.
The railroad reopened the Dry Canyon Bridge in Northern California weeks ahead of schedule.
The past week in images features train cars used to fight fires, a wreck caused by a dust storm, a trucker who flipped in floodwaters and more.
Both Union Pacific and BNSF have taken to rerouting trains because large wildfires have temporarily closed portions of their networks in Northern California.
Supply chain disruptions for international intermodal are likely to last through the end of the year, Union Pacific President and CEO Lance Fritz said during the second-quarter earnings call on Thursday.
Union Pacific’s second-quarter 2021 net income grew 59% from a year ago to $1.8 billion amid a 30% gain in operating revenue.
The seven-day suspension of service, starting on Sunday, is aimed at helping ocean carriers, UP and other stakeholders to catch up and relieve the congestion at West Coast ports and busy inland terminals, especially Chicago.
The reduction in train speeds between Kamloops and Boston Bar is designed to lessen the chances that sparks from a freight train could start a fire amid extreme heat and dry conditions.
The past week in images features a funnel spawned by a wildfire, a trucker who drove his rig into a river and a train honoring the armed forces.
U.S. rail carloads showed strength in 19 of 20 commodity categories in June. Second-quarter intermodal traffic climbed 22% even with network congestion and equipment shortages as the backdrop.
Los Angeles-based Plastic Express will occupy 100% of Phase I at the Cedar Port Logistics Center, scheduled to be completed by December.
Reducing dwell times for equipment and at the terminals is one way the Class I railroads are seeking to relieve systemwide supply chain congestion, according to executives at recent investor conferences.
Adding or extending sidings, particularly on three key routes, will reduce delays and improve network fluidity, UP said.
Transport deregulation’s long game has left much of the asset-based carrier field with few players. Will the cycle turn to usher in a cast of competitive newbies?
Union Pacific is investigating why a train hauling 28 cars derailed in Minnesota as emergency responders contend with a hydrochloric acid leak.
FreightWaves looks at five themes that ran throughout the earnings discussions of the Class I railroads.
Anticipated growth for intermodal will help to support Hub Group’s investments for that sector in 2021.
Union Pacific to open an intermodal terminal in Southern California, Port of South Louisiana completes rail yard, plus two appointments: Michael McCarthy to become SMBC Rail Services president and CEO, and Karen Carriere joins Transportation Technology Center Inc. as executive director of technical services.
