Rail & Intermodal

Truckload rates and intermodal pricing continued their year-over-year climb in November, spurred by stronger freight demand and port congestion.

Africa’s inland freight network is so troubled that it costs roughly seven times more to ship a container from Mombasa, Kenya, to Burundi, in central Africa, than to ship a container from Shanghai to the major Kenyan gateway, an APM Terminal executive said.

Montreal area shippers will now have improved access to the intermodal network of CSX Transportation after the railroad opened a $100 million terminal near Montreal at Salaberry-de-Valleyfield, Quebec.

U.S. intermodal trains on average are moving faster, but they still have a ways to go before delivering the level of service shippers had come to expect before last winter.

KCS auto train
The Mexican Congress is expected to approval legislation this afternoon that would protect concessions held by the country’s three largest railroads and create a rail regulatory agency.

India’s Ministry of Railways said it will postpone previously announced container rail increases, providing a temporary respite for shippers struggling with port congestion and rising transportation costs.

Cargolux continued its robust performance in November, flying a record volume of freight and bucking the downward trend in the European air cargo market.

EUROGATE Container Terminal Bremerhaven this week handled its 1 millionth standard rail container, as more intermodal trains served the German gateway this year than in 2013.

Twenty-one days after leaving the east China manufacturing city of Yiwu more than 8,000 miles away, a freight train carrying 40 containers arrived in the Spanish capital of Madrid this week, potentially opening yet another land bridge between China and Europe.

A road improvement project will help make the industrial development around BNSF’s relatively new intermodal rail terminal in the Kansas City area more attractive when work is completed in 2016.