Rail & Intermodal
Rail and truck shippers in North America continue to face constricted capacity and rising costs and the situation will most likely continue through the remainder of the year.
Second-quarter volume increases have hampered Norfolk Southern’s ability to bring up train velocities after a cripplingly harsh winter.
Rail service continues to sputter, showing little improvement from levels seen during the depths of winter. Why?
Ship agents at India’s Port of Jawaharlal Nehru (Nhava Sheva) have expressed concern over a lack of effective measures by state-owned rail operator Container Corp. of India in clearing import backlogs that have reached “unprecedented” levels at the country’s biggest box gateway.
Crowley Maritime Transportation is hailing the Florida East Coast Railway decision to open its newest Intermodal Container Transport Facility at Port Everglades...
Spurred by stronger industrial production, consumer spending and housing activity, truckload rates rose 5.2 percent on average in June from a year ago...
Despite solid revenue growth in the second quarter, Canadian National Railway says it’s facing a capacity problem, particularly at Canadian seaports, that’s forcing Canada’s largest railroad to temporarily turn away business.
Mexico’s manufacturing growth could push Kansas City Southern to new heights in the near future, according to analysts.
While it is obvious that beneficial cargo owners shipped early this year through the West Coast in anticipation of the July 1 deadline for contract negotiations between the International Longshore and Warehouse Union and waterfront employers, reports of cargo surges at Canadian and U.S. East Coast ports in May and June indicate retailers were also diverting shipments away from West Coast ports.
After seeing “substandard” intermodal rail service cut its container utilization in the second quarter, the Hub Group expects gradual service improvement from its main partners...