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surface
rail news
intermodal providers
Intermodal providers
News and analysis of intermodal marketing companies (IMCs), rates, services, routes, cost savings
The latest
Intermodal providers
News & Analysis
‘One FedEx’ seeks better balance between air, rail, trucking
William B. Cassidy, Senior Editor |
To reduce costs, FedEx’s system-wide network overhaul will create a stronger North American “ground-air” trucking network, including FedEx Freight, and increase its use of US intermodal rail, the company says.
Surface
Trucking News
LTL
Intermodal providers
Supply chain
NY-NJ gets rail grant as port seeks to grow intermodal franchise
Michael Angell, Associate Editor |
The Port of New York and New Jersey aims to complete a project in the next two years designed to speed the movement of intermodal trains as other ports along the East Coast jockey for discretionary cargo.
North American ports
Container Shipping News
Intermodal providers
North-American rail
Record profit for DB Schenker lifts parent group into black
Greg Knowler, Senior Editor Europe |
Despite being prepared for divestiture, the performance of global forwarder DB Schenker is the only reason Deutsche Bahn group is profitable at present.
Forwarding
Asia-Europe
International rail
Intermodal providers
UP shippers facing delays on key Chicago-LA corridor
Ari Ashe, Senior Editor |
Intermodal providers say they are struggling to bring 53-foot containers into UP’s terminals in Chicago and nearby Joliet, causing delays of several days to move cargo to the West Coast.
Intermodal providers
North-American rail
CP-KCS could benefit from rising tide of cross-border freight from Mexico
William B. Cassidy, Senior Editor |
The combined railroad has an opportunity to divert more than 64,000 truck shipments to intermodal rail, according to S&P Global, but that’s only the crest of a wave of US imports from Mexico.
Surface
Trucking News
Rail News
International rail
Intermodal providers
US chassis market nearing ‘equilibrium’ after disruptive shortages
Ari Ashe, Senior Editor |
Chassis providers believe the equipment shortages that bogged down inland supply chains in 2021 and 2022 will soon no longer be an issue for shippers, allowing the industry to return to a more typical supply/demand balance.
Container Shipping News
Trucking News
Intermodal providers
Intermodal share data point to opportunities: analyst
Larry Gross, president and founder, Gross Transportation Consulting; and JOC analyst |
It stands to reason that the more miles one spends on low-cost rail, the better the comparative economics versus truck should be, but that’s not what happens in the real world, writes analyst Larry Gross.
Surface
Trucking News
Intermodal providers
North-American rail
Southern California volume declines cause truck, rail rates to plunge
Ari Ashe, Senior Editor |
Trucking and intermodal providers are offering discounts to secure freight in Southern California, where volumes are declining as imports from Asia fall.
Surface
Trans-Pacific
North American ports
Trucking News
Intermodal providers
TPM23: Intermodal providers banking on transloading surge
Ari Ashe, Senior Editor |
Transloading is gaining popularity even as US imports have cooled in recent months, but shippers should weigh the pros and cons of transferring ocean containers into domestic boxes, TPM23 attendees were told.
Intermodal providers
Container Shipping News
North-American rail
UP ending chassis policy that rendered containers inaccessible
Ari Ashe, Senior Editor |
The policy — known informally as the “no cherry picking” rule — prohibited trucking companies from coming into terminals with private chassis when there were no pool chassis available.
Rail News
Intermodal providers
North-American rail
Idle domestic containers being stacked as intermodal volumes tumble
Ari Ashe, Senior Editor |
Volume declines are forcing intermodal providers to stack containers, unable to find cargo to fill the boxes because shippers have too much inventory, while trucking prices are so low that the freight is moving on highways.
Intermodal providers
North-American rail
Southeast, Gulf ports expect container uplift from electric vehicle plants
Michael Angell, Associate Editor and Teri Errico Griffis, Associate Editor |
With just under $50 billion in fresh investments unveiled last year for electric vehicle manufacturing plants in North America, ports in the Southeast and along the Gulf Coast are expecting additional volumes to soon be moving across their docks.
North American ports
Container Shipping News
Intermodal providers
North-American rail
Russia picks up rail freight slack as China-Europe volume slumps
Greg Knowler, Senior Editor Europe |
Official data shows overall volumes on the China-Europe rail network rose 6 percent last year over the then-record throughput handled in 2021, but there is no distinction between cargo destined for Europe or Russia.
Rail News
Forwarding
Asia-Europe
International rail
Intermodal providers
UP shifting to stacked container operation at Joliet for California imports
Ari Ashe, Senior Editor |
Union Pacific is changing operations at its terminal outside Chicago in a bid to prevent future disruption by creating stacks for containers arriving from California, a move that will affect tens of thousands of ocean boxes per month.
Rail News
North American ports
Intermodal providers
North-American rail
WiseTech continues acquisition campaign with $414 million Blume purchase
Eric Johnson, Senior Technology Editor |
WiseTech Global is doubling down on its reach into US intermodal networks with its $414 million purchase of Blume Global three weeks after acquiring drayage tech provider Envase.
Logistics Technology News
Maritime
Forwarding
International rail
Intermodal providers
Cap European rail electricity price hikes or lose out to road: intermodal group
Greg Knowler, Senior Editor Europe |
Long-haul rail freight in Europe, the main alternative to road transport, is being undermined as the cost of electricity far outstrips diesel, say combined transport stakeholders.
Rail News
Trucking News
LTL
International rail
Intermodal providers
Intermodal contract savings fell in Q4 ahead of 2023 bids
Ari Ashe, Senior Editor |
Shippers saved less than in prior quarters on their intermodal contracts to close 2022, setting up a race to the bottom this year to keep freight on the rails.
Rail News
Intermodal providers
North-American rail
Norfolk Southern adds to Southeast intermodal capacity with new cranes
Michael Angell, Associate Editor |
Norfolk Southern’s plan to bring more capacity to its international intermodal business this year has kicked off with new cranes enabling the stacking of marine containers at its Austell ramp in Georgia.
North-American rail
Container Shipping News
North American ports
Intermodal providers
Bridge repair along UP’s LA/LB-Midwest network nearing completion
Ari Ashe, Senior Editor |
The approximately 72-hour repair on a bridge in New Mexico would appear to mitigate what could potentially have been a major disruption for UP’s international and domestic intermodal shippers.
North-American rail
Intermodal providers
Virginia lawmakers propose funds for state’s second inland port
Michael Angell, Associate Editor |
Some Virginia state legislators are looking to fund a second inland port, but the project’s prospects hinge on railroad and shipper demand, according to a study.
North American ports
Rail News
Intermodal providers
UP says all container traffic halted on its network between LA and Midwest
Ari Ashe, Senior Editor |
An outage involving a bridge in New Mexico in the heart of Union Pacific’s network is causing major delays for intermodal and automotive shippers between Southern California and two major inland hubs.
Intermodal providers
North-American rail
Customer service, not falling rates, the focus for 2023: UP
Ari Ashe, Senior Editor |
The Class I railroad vowed it would focus on providing better service to shippers in 2023 and move to heal wounds from tense labor negotiations by addressing quality-of-life issues affecting its workforce.
North-American rail
Intermodal providers
Waning demand, service issues to weigh on international intermodal volumes
Ari Ashe, Senior Editor |
If inland rail ramps remain congested due to chassis shortages and discretionary imports continue to flow away from the West Coast to the East Coast, international intermodal volumes could decline for a second straight year.
Intermodal providers
Surface
North-American rail
J.B. Hunt focusing on faster container turns to move more loads
Ari Ashe, Senior Editor |
J.B. Hunt Transport Services will focus on working with shippers to empty containers in a more expedited manner as freight is moving slower than ever with box turn ratios falling for four consecutive years.
Intermodal providers
North-American rail
Intermodal markets shift into recession after no peak season: J.B. Hunt
Ari Ashe, Senior Editor |
Intermodal shippers are sitting on the sidelines until warehouses unclog and rail service improves, which will result in lower contract rates for shippers in 2023.
Intermodal providers
North-American rail
Domestic intermodal rail volumes likely to slip after 2022 uptick
Ari Ashe, Senior Editor |
As consumer buying patterns return to a more normal mix of goods and services in 2023, domestic intermodal providers will have to find a way to fill a huge influx of boxes ordered during the pandemic.
Surface
Intermodal providers
North-American rail
Hapag-Lloyd hit with FMC rail demurrage complaint
Eric Johnson, Senior Technology Editor |
The filing is just the latest in a barrage of complaints made against various container lines with the FMC in recent months, a flurry accelerated by major reform of US shipping law that went into effect in June.
Transport, Trade, and Regulation News
Container Shipping News
Container lines
Drayage
Rail News
Intermodal providers
North-American rail
Forwarding tech providers push into US trucking market
Eric Johnson, Senior Technology Editor |
The need for forwarders to tether quoting and tracking in international freight modes to US surface modes has been highlighted by new offerings from ECU Worldwide and Freightos.
Trucking News
Forwarding
Truckload
LTL
Intermodal providers
Air Cargo Forwarder News
Logistics Technology News
Intermodal volumes falling fast, rates to follow in 2023
Ari Ashe, Senior Editor |
Domestic intermodal volume suffered its worst November in seven years, which will put additional pressure on intermodal providers to provide concessions to shippers on contracts for 2023.
North-American rail
Intermodal providers
US intermodal shippers weigh spot vs. contract option heading into 2023
Ari Ashe, Senior Editor |
Domestic intermodal shippers are paying less on the spot market than under contracts in several key outbound West Coast lanes, but riding the spot market deep into 2023 is a gamble that may or may not pay off.
Intermodal providers
US IPI needs fresh approach to recovering market share: analyst
Larry Gross, president and founder, Gross Transportation Consulting; and JOC analyst |
A more complex — and agile — approach will be required to help inland point intermodal grab a larger share of the freight that is arriving at US ports, writes JOC analyst Larry Gross.
Intermodal providers
Intermodal providers clawing to keep rail business in 2023
Ari Ashe, Senior Editor |
The aggressive moves by intermodal providers to keep business with lower pricing come after North American domestic intermodal demand fell 10 percent between March and September.
Intermodal providers
Inland woes boosting rail dwells in Vancouver
Bill Mongelluzzo, Senior Editor; and Michael Angell, Associate Editor |
A refusal by some truck drivers to call at congested rail ramps in Toronto and Montreal has caused the clogs to extend back to Vancouver, where rail container dwells are on the rise again after improving in September.
Intermodal providers
JOC Intermodal Savings Index: Strong Q3 contract discounts
Ari Ashe, Senior Editor |
The JOC Intermodal Savings Index shows intermodal contracts saved shippers a lot of money in the third quarter, but spot rail rates saved very little, especially on short hauls in the eastern US.
Intermodal providers
‘Too early’ to discuss 2023 rail contracts: Hub, Schneider
Ari Ashe, Senior Editor |
Hub Group and Schneider National sidestepped questions about intermodal contracts for 2023, a far different approach than the two companies took a year ago when the pricing power was on their side.
Intermodal providers
Falling volumes drive leaner forecast for US intermodal
Ari Ashe, Senior Editor |
While US intermodal shippers are pleased service has improved, some don’t need the service reliability they sought earlier in the year because of elevated inventories and fears of an economic recession.
Intermodal providers
BNSF’s proposed inland rail hub aims to speed LA-LB cargo flow
Bill Mongelluzzo, Senior Editor |
BNSF’s proposed inland hub 130 miles from Los Angeles–Long Beach will reduce port congestion and eliminate thousands of truck moves by shuttling marine containers by rail to transloading warehouses.
Intermodal providers
Proposed Southern California rail-served inland port gaining traction
Bill Mongelluzzo, Senior Editor |
The proposed rail-served Mojave Inland Port 90 miles north of Los Angeles is being pitched as a one-stop shop for retailers, logistics providers and the railroads as an alternative to the congested truck corridors in the more densely populated Inland Empire.
Intermodal providers
Rhine low water levels restrict loads, spark surcharges
Greg Knowler, Senior Europe Editor |
Falling water levels on the Rhine are a seasonal problem, but this summer a European heatwave and low rainfall has left parts of the river virtually impassable.
Intermodal providers
JOC Intermodal Savings Index: Truck rates poached rail freight in Q2
Ari Ashe, Senior Editor |
Intermodal discounts declined in the second quarter both sequentially and year over year as shippers were able to negotiate lower spot and contract truckload rates with motor carriers.
Intermodal providers
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