With intermodal loadings in record territory and the railroads pushed to the limit to move the volume, it might seem a bit strange to be sounding an alarm about a slowdown. But the intermodal industry is entering a period of vulnerability after a prolonged period of growth. While trouble isn’t inevitable, intermodal’s near-term destiny has passed to forces outside of intermodal’s control.
News & Analysis
23 Jan 2015
Kansas City Southern Railway’s intermodal traffic increased 8 percent year-over-year in the fourth quarter of 2014, despite congestion from other U.S. railroads and cross-border diversions that cost it some volume.
23 Jan 2015
Canadian Pacific Railway said it expects mid- to high-single-digit intermodal revenue growth this year, as domestic intermodal traffic builds steadily and container lines boost volume on improving services.
16 Jan 2015
Barring a relapse of intermodal service woes, few shippers are expected to shift their freight back to trucking
15 Jan 2015
U.S. freight shipments and shipper transport spending both dropped from the previous month in December, but remained close to a post-recession high, according to the Cass Freight Index.
11 Jan 2015
U.S. intermodal shippers surveyed by an investment research firm pulled more freight off intermodal trains and put it back on trucks during the third quarter than vice-versa, the first time the survey tracked intermodal conversion losing ground since 2010.
09 Jan 2015
Barely a few months go by without an automaker announcing plans to move or increase production in Mexico. General Motors, for example, said in December it would invest $5 billion in Mexico by 2018, adding to the $1.4 billion it’s already spent on factories there.
09 Jan 2015
TRAC Intermodal, the largest lessor of intermodal chassis, is being offered for sale by Fortress Investment Group, the private equity company that acquired the company seven years ago.
07 Jan 2015
A fast-growing intermodal operator, ASF opened its 11th terminal, a drayage facility, as it looks to capture more Southeastern U.S. freight.
05 Jan 2015
The severity of this winter and how the major railroads respond will largely determine whether intermodal shippers see significant service improvements this spring or have to wait longer.
18 Dec 2014
Truckload rates and intermodal pricing continued their year-over-year climb in November, spurred by stronger freight demand and port congestion.