By many accounts, the U.S. is in a freight recession. So why are regional less-than-truckload carriers building terminals, expanding into new territories and adding customers?
19 Apr 2016
Erratic weather, the retooling and shutdown of Mexican auto plants and the weak peso continued to hurt Kansas City Southern Railway’s intermodal volume for another quarter, but the railroad still delivered a profit.
18 Feb 2016
SHIFT Freight, an asset-light, high-tech less-than-truckload carrier, is expanding its full-state coverage and westbound lanes.
08 Feb 2016
XPO Logistics will not sell its truckload division, but use the former Con-way Truckload to increase its U.S.-Mexico cross-border business.
22 Jan 2016
Kansas City Southern Railway pulled back its optimism that a new Mexico container terminal would reap new container hauling business, the latest blow to the railroad’s intermodal volume that fell 6 percent year-over-year in the last three months of 2015.
06 Aug 2015
Intermodal shippers using Kansas City Southern Railway can expect improve after train speeds slowed during recent track work, and a surge of coal and crude oil volumes hit the network.
17 Jul 2015
Kansas City Southern Railway’s admittedly below-par intermodal rail service lost the company business, particularly highly-prized auto business, to other railroads and the trucking sector, executives said Friday on a second-quarter earnings call.
17 Jul 2015
Kansas City Southern Railway profit dropped 13.9 percent in the second quarter of 2015, amid slowing intermodal volume growth which fell to 2 percent year-over-year in the last quarter.
08 May 2015
Plans to construct an international air cargo gateway in St. Louis took another step forward this week after the city’s airport commission approved the project in a unanimous vote.