Rail & Intermodal

Pinning a rough third quarter on the volatile ocean container shipping industry, UP posted year-over-year declines in third-quarter intermodal volume and related revenue, as well as a double-digit decline in overall profit Thursday.

The fall shipping season of 2016 has been good to Canadian Pacific Railway.

India wants port authorities to lower rail handling charges to draw more truckloads onto intermodal trains.

A week after Hurricane Matthew’s clouds lifted, US shippers continue to experience delays or outright embargoes on cargo moving in and around eastern North Carolina where rail lines and roads remain underwater.

Quarterly net profit dropped at the third-largest trucking operator for the first time since early 2014, thanks to lower truckload and intermodal rates. Dedicated is an exception.

CSX Transportation has invested heavily in its intermodal network recently and believes strong pricing is more than justified as a result of the service improvements the investments enabled.
The railway said it remains dedicated to strong pricing.

PSA International's decision to expand into China's hinterland rail network is a testament to the growth potential of containerized rail in the worksh
PSA International is making its first venture into China’s hinterland rail network.

A $13 million infusion of venture capital is slated to help a cloud-based load-tracking provider expand to new modes and new markets.

Ports from Miami to Hampton Roads resumed cargo operations Monday.