Rail & Intermodal

Container ship owner-charterer Seaspan Corp. is considering an acquisition of Greater China Intermodal Investments, the Carlyle Group investment vehicle with which Seaspan partnered in 2011 to purchase new ships.

Rail service problems are starting to hurt truckers with intermodal operations, especially those such that move refrigerated goods, a transportation analyst says.

Norfolk Southern Railway told shippers not to expect service improvements until late November, as peak volumes and annual maintenance work blunt efforts to restore network velocity.

The acquisition of Pacer International earlier this year tapped several trends driving growth at XPO
Fast-growing third-party logistics companies are tuning into and tapping broad trends driving logistics growth in the U.S. and globally, including increased cross-border trade and the expansion of intermodal rail. Here are seven trends picked by XPO Logistics CEO Bradley S. Jacobs.

Wrap-up
A new carrier alliance entered the fray this week after weeks of feverish speculation.

The volume of intermodal units moving on North American railroads last week rose year-over-year, according to the Association of American Railroads, a sign that the peak season is now kicking in for intermodal shippers as the ocean peak recedes.

A U.S. refrigerated rail transport provider’s decision to suspend service, citing poor rail performance by BNSF Railway, has given a prominent senator ammunition to criticize poor rail service.

BNSF in California
BNSF Railway will end its weekly intermodal services between Fresno, California, and Chicago, in early December...

Hub Group said it expects its costs to rise at least temporarily with the company’s conversion of its 350 California drayage drivers to company employees in order to settle litigation alleging they were misclassified as independent contractors.

The Kremlin has approved Russian Railways’ financial contribution to an intermodal joint venture with the state railroads of neighboring Belarus and Kazakhstan...