Rail & Intermodal
For a region dismissed not so long ago as a bit of a backwater, where inefficiency, corruption and chronic congestion were the norm, east Africa is beginning to show its mettle.
The Hub Group expects intermodal rail service to keep improving throughout the year but doesn’t expect a return to mid-2013 service levels until at least 2016.
The number of westbound 40-foot equivalent ocean containers available in Chicago and Kansas City surged in early April, another sign the West Coast container logjam has broken and the Chinese New Year reprieve is over.
Union Pacific Railroad on Thursday appeared to downplay the idea that U.S. West Coast port congestion has changed its expectations that a low- single-digit share of cargo might shift to East Coast when the Panama Canal opens next year.
U.S. intermodal volume last week hit the second-highest point ever, potentially signalling an acceleration of cargo backlogged at U.S. West Coast ports moving inland.
Amid investors’ furor over the decline in crude shipments hauled by Canadian Pacific Railway in the first quarter were signs that the railroad’s domestic intermodal push is gaining traction and CP is emboldened to make a stronger play for ocean container business.
Kansas City Southern Railway is scaling back its outlook for intermodal growth this year after service and equipment issues slowed first-quarter growth in domestic and cross-border traffic.
Rail freight transport has ground to a halt across Germany as a strike by locomotive engineers against Deutsche Bahn, the state-owned railway, enters its second day.
The number of job openings for transportation, warehouse and utility workers rose sharply from a year ago in February, as a milder winter created more opportunities in logistics businesses.
Strong volume at Canada’s three largest container ports helped drive Canadian National Railway’s intermodal volume up 14.2 percent in the first quarter compared to the same period a year ago, another sign of how the railroad’s strategy of supply chain collaboration continues to deliver.