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surface
rail news
intermodal providers
Intermodal providers
News and analysis of intermodal marketing companies (IMCs), rates, services, routes, cost savings
The latest
Intermodal providers
News & Analysis
Four Industry Giants Tout Success of Match-Back Model
Bill Mongelluzzo, Senior Editor |
It sounds elementary: An exporter in an interior location needs empty containers.
Intermodal providers
International rail
Forwarding
Hub Group’s Profit Inched Up in Third Quarter
JOC Staff |
Hub Group reported profit in the third quarter of 2013 totaling $18.6 million, inching up year-over-year from $18.5 million.
Intermodal providers
Intermodal Service to Link Hazira Terminal With North India
JOC Staff |
Adani Hazira Container Terminal and state-owned rail operator Container Corp. of India have reached an agreement to ensure an intermodal route connecting Tughlakabad and Dadri...
Intermodal providers
Hub Group Cuts Guidance for Third Quarter
JOC Staff |
Hub Group has lowered its expectations for the third quarter of 2013 to a range of 48 to 51 cents diluted earnings per share.
Intermodal providers
Grupo TMM Sells Truck, Auto Hauling Operations
JOC Staff |
Grupo TMM has completed the sale of its truck and auto hauling assets and operations.
Intermodal providers
Intermodal Pricing Expected to Rise in US as Truck Rates Increase
Mark Szakonyi, Executive Editor |
U.S. intermodal pricing is expected to rise next year, largely because the competing trucking industry will have to increase its own rates as capacity tightens and overall freight demand slowly but steadily builds.
Intermodal providers
Intermodal Railyards Transitioning to Costlier Grounded Operations
Bill Mongelluzzo, Senior Editor |
The intermodal industry in the coming years will have to learn to live with at least several different chassis models, but one thing for certain is that the cost of handling containers at railyards will increase.
Intermodal providers
Forwarding
Drayage
Canada’s Rail Freight Traffic Slid 1.8 Percent in July
JOC Staff |
The Canadian railway industry carried 27.0 million metric tons of freight in July, a 1.8 percent year-over-year decline, according to Statistics Canada.
Intermodal providers
South Carolina’s Inland Port to Test Potential for Short-Haul Intermodal
Bill Mongelluzzo, Senior Editor |
When the South Carolina Ports Authority broke ground for an inland port at Greer, S.C., it implemented a strategy that was based upon securing an anchor tenant and linking that exporter to the Port of Charleston with multi-modal transportation options that include short-haul rail.
North American ports
Intermodal providers
Trucking News
Ocean Carriers’ Exit Puts Stress on Inland Chassis Supply
Bill Mongelluzzo, Senior Editor |
A prominent trucking industry executive warned that operational changes at rail ramps and other inland locations because of the accelerating exit of ocean carriers from the chassis business are placing added stress on the fragile intermodal drayage industry.
Intermodal providers
Drayage
Container lines
RoadOne Expands Intermodal Drayage Network
JOC Staff |
RoadOne IntermodaLogistics expanded its drayage and intermodal brokerage network by acquiring drayage operator Intermodal Inc.
Intermodal providers
Drayage
Shippers Flock to Smaller Ports Miles From Coast
Mark Szakonyi, Executive Editor |
With consumer demand moderate at best three years after the deepest recession in decades, major U.S. shippers aren’t rushing to add distribution and warehousing space at the clusters of distribution centers around coastal seaports. Momentum appears to be accelerating at inland ports.
Intermodal providers
Inland Ports Expanding in Canada, Mexico
Mark Szakonyi, Executive Editor |
Inland ports aren’t just a U.S. phenomenon. Industrial real estate developments anchored by intermodal connections and access to highways are expanding in Mexico and Canada, too.
Intermodal providers
High Rail Costs Restrict Grain Exports From West Coast
Bill Mongelluzzo, Senior Editor |
The high cost of shipping Midwest grain by rail to the West Coast is restricting containerized grain exports to Asia, according to a Cargill executive.
Intermodal providers
Forwarding
New Reefer Rail Service Highlights Growing Niche
Mark Szakonyi, Executive Editor |
That BNSF Railway refrigerated boxcar trains will begin hauling eggs next year is just another sign of just how far reefer train service has come and the awaiting potential.
Intermodal providers
Cool Cargo News
Peak Season Changing for Rail, Truck Carriers
Mark Szakonyi, Executive Editor |
Haven’t seen much of a peak season on the highways and rails? You’re not alone. Growing evidence suggests the freight surge ahead of the holidays is coming more in the spring for trucking and translating to spikes, not a peak, for intermodal rail carriers.
Intermodal providers
Trucking News
Inland Ports Offer Cost-Effective Intermodal Options
Mark Szakonyi, Executive Editor |
Southeastern shippers are gaining better intermodal services to container terminals at Savannah and Charleston through the development of inland ports.
Intermodal providers
Ag Shippers Fear They Won't Have Access to BNSF's New Kansas City Terminal
Mark Szakonyi, Executive Editor |
Agriculture shippers are concerned that they won’t be able to bring their goods to BNSF Railway’s soon-to-open intermodal terminal in the Kansas City area because overweight containers aren't permitted on the road connecting the facility and the nearby interstate.
Intermodal providers
Canada’s May Rail Freight Traffic Up Nearly 13 Percent
JOC Staff |
Freight carried by Canadian railways rose 12.9 percent year-over-year to 29.3 million metric tons in May, as the industry saw a “strong” increase in domestic freight traffic compared with May 2012 levels.
Intermodal providers
US House Committee to Consider WRRDA in September
JOC Staff |
The U.S. House Committee on Transportation and Infrastructure has plans to consider the Water Resources Reform and Development Act of 2013 when Congress returns from its August recess in September...
North American ports
Port infrastructure
Intermodal providers
Grupo TMM Posts Net Loss for Second Quarter
JOC Staff |
Grupo TMM reported a net loss of 235.1 million Mexican pesos (about US$18.3 million) in the second quarter of 2013, compared with a net loss of 218.4 million pesos in the second quarter of 2012.
Intermodal providers
CAI International Reports Record Quarterly Revenue
JOC Staff |
CAI International reported its profit in the second quarter of 2013 was $16.9 million, increasing 12 percent from $15.1 million in the second quarter of 2012.
Intermodal providers
Forwarding
Gujarat Pipavav Port’s Container Traffic Jumps 17 Percent
JOC Staff |
Gujarat Pipavav Port in India handled 0.143 million 20-foot-equivalent units of container cargo in the second quarter of 2013, increasing 17 percent year-over-year.
International ports
Intermodal providers
Transloading Seeds Domestic Intermodal Growth
Mark Szakonyi, Executive Editor |
Domestic and international intermodal, the two dominant forms of the U.S. and Canadian containerized rail business, are heading down separate tracks, and the space between them is widening as weak import growth combines with shippers’ growing penchant to transload goods into 53-foot domestic containers.
Intermodal providers
Gujarat Pipavav Port Launches Double-Stack, High-Cube Container Trains
JOC Staff |
Gujarat Pipavav Port, owned by APM Terminals in India, has upgraded its rail infrastructure and is now able to carry double-stack, high-cube containers on trains.
International ports
Intermodal providers
Hub Group Profit Jumps 10 Percent
JOC Staff |
Hub Group reported net income in the second quarter of 2013 totaling $18.6 million, up 10 percent from $17 million in the second quarter of 2012.
Intermodal providers
Georgia Ports, Cordele Intermodal Sign Inland Port Accord
JOC Staff |
Georgia’s Gov. Nathan Deal, the Georgia Ports Authority and Cordele Intermodal Services today signed an inland port agreement to ensure a direct 200-mile rail route to and from...
North American ports
Intermodal providers
Peak Is More Like a Hill for Trucking, Intermodal
Mark Szakonyi, Executive Editor |
Retail industry expectations for peak truck and intermodal rail seasons are elevated slightly compared to last year but hardly soaring, thanks to a slowly recovering U.S. economy and better managed supply chains.
Intermodal providers
Trucking News
J.M. Baxi Opens Intermodal Terminal in Northern India
JOC Staff |
Mumbai-based international freight forwarder and terminal operator J.M. Baxi Group has opened a new intermodal container terminal in Sonepat, near Delhi, to serve the growing trade to and from northern India.
Intermodal providers
International rail
Industrial Real Estate News
Canada’s Rail Freight Traffic Rose 11 Percent in April
JOC Staff |
The Canadian railway industry’s freight commodity loadings in April rose 11 percent compared with the same month in 2012 to 30.2 million metric tons, according to Statistics Canada.
Intermodal providers
Port Canaveral to Develop Inland Port in Eastern Florida
JOC Staff |
Port Canaveral is pursuing the development of an inland port near the north end of Brevard County, Fla., in conjunction with the start this fall of the widening and deepening of the Florida port’s 3.5 mile channel.
North American ports
Intermodal providers
South Carolina Ports Authority Approves FY2014 Budget
JOC Staff |
The South Carolina Ports Authority board of directors approved its fiscal year 2014 plan, which includes volume increases across business segments and $123 million in capital spending on a number of projects.
North American ports
Intermodal providers
Bethlehem, Pa., Railyard Could Become Inland Port
JOC Staff |
The Port of New York and New Jersey and Norfolk Southern are discussing the possibility of making an intermodal railyard in Bethlehem, Pa., an inland port, The Morning Call reports.
Intermodal providers
Low Truck Rates, Weak Demand Dampen Intermodal Pricing
Mark Szakonyi, Executive Editor |
Shippers reluctant to jump into intermodal rail transport have a major incentive to test the waters: relatively low intermodal rates with few signs on the horizon for aggressive hikes.
Intermodal providers
Challenges Mount for Southern California International Gateway
Bill Mongelluzzo, Senior Editor |
When the Los Angeles City Council on May 8 approved the final environmental impact report for construction of BNSF Railway’s $500 million near-dock intermodal yard in Southern California, the approval proved to be the beginning of a journey rather than the end of a saga.
Intermodal providers
DNJ Intermodal Services to Open Office in Nebraska
JOC Staff |
DNJ Intermodal Services will open a new office in Omaha, Neb., on June 1.
Intermodal providers
Grupo TMM Posts Bigger Year-Over-Year Loss
JOC Staff |
Grupo TMM reported a net loss of 165.6 million Mexican pesos (about US$13.4 million) in the first quarter of 2013, compared with a net loss of $11.3 million in the first quarter of 2012.
Intermodal providers
WRDA 101: Everything You Need to Know
Mark Szakonyi, Executive Editor |
The Senate's passage of the Water Resources Development Act on Wednesday paves the way for increased investment in ports, and speedier completion of maritime and inland waterway projects. Because the bill is 294 pages and far from a page-turner, The Journal of Commerce decided to break down what the Senate version calls for and what challenges the legislation faces ahead.
North American ports
Port infrastructure
Intermodal providers
Agreement Clears Way for South Carolina Inland Port
JOC Staff |
Nordic Cold Storage has reached an agreement with South Carolina State Ports Authority to terminate the lease on its warehouse facility in Greer, S.C., clearing the way for a $43 million inland port to be built in its place.
North American ports
Intermodal providers
Austria-Germany Intermodal Service Begins
JOC Staff |
Intermodal service between Vienna and Rostock, Germany, has created a direct link between Central Europe and Scandinavia, Finland and the Baltic states.
Intermodal providers
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