Shippers can save more money than ever before on intermodal, if they could find equipment and draymen to move their cargo to and from rail terminals amid scarce supply of both.
Tuesday April 13, 2021
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BNSF Railway
BNSF Railway
BNSF Railway is one of the U.S. Class I railroads serving especially the western half of the country, with a rail network of 32,500 route miles in 28 states and two Canadian provinces and more than 43,000 employees. The Fort Worth, Texas-based railroad was created in 1995 from the merger of Burlington Northern Inc. (parent of Burlington Northern Railroad) and Santa Fe Pacific Corp. (parent of the Atchison, Topeka & Santa Fe Railway). BNSF became a subsidiary of Berkshire Hathaway, Inc., in 2010.
Webcasts
Apr 8, 2021 2:00PM EDT
Apr 22, 2021 2:00PM EDT
Press Releases
09 Mar 2021
UP will assess a first-ever March surcharge of $250 on “low-volume shippers” in California effective March 21, just days after an announcement that will kick more US shippers into that category.
08 Mar 2021
A chassis shortage has slowed the supply chain since storms hit Texas nearly three weeks ago, and it could be another couple weeks before cargo slows return to normal.
03 Feb 2021
Shippers may see intermodal savings evaporate in the first quarter if rail contracts rise more than 10 percent and spot truck rates continue to cool off and pressure truck contracts.
15 Jan 2021
A chassis shortage has caused some containers to idle at BNSF’s ramp in St. Paul, Minnesota, an offshoot of the congestion in Chicago, but not as disruptive given the relative small rail volume in the Twin Cities.
12 Jan 2021
Intermodal marketing company (IMC) executives say US intermodal rates charged to shippers will rise between 3 and 10 percent in major lanes and between 3 and 5 percent in secondary lanes this year.
30 Dec 2020
Truckers are taking longer to get through terminals in Chicago because of the surge in cargo and changes in stacking containers with some railroads.
16 Dec 2020
BNSF Railway is limiting the amount of containers its partners can bring into a terminal in Southern California and on certain Chicago lanes due to volumes that usually tail off after Thanksgiving but have stayed elevated this year.
07 Dec 2020
Intermodal executives want to address the chronic congestion issues in 2020 with railroads and BCOs, but universally accepted solutions are hard to come by.
15 Oct 2020
Agricultural shippers in North Dakota will have a new service to the ports of Seattle and Tacoma to export products overseas, which the state’s governor calls a game-changer.
23 Sep 2020
Domestic intermodal volumes already elevated compared with a year ago and there are signs that international intermodal is on the upswing too.
14 Sep 2020
BNSF has named Kathryn Farmer, who has been with the western railroad for 28 years, as its new CEO effective Jan. 1, 2021. She will become the first female CEO of a North American Class I railroad.
20 Aug 2020
For the third time this month, Union Pacific has increased spot rates and its peak season surcharge in Los Angeles, raising prices on small shippers to record levels and likely pushing excess cargo back to trucking.
12 Aug 2020
Despite optimism that BNSF Railway’s congestion may ease, intermodal marketing companies expect demand to be high and equipment dislocations to persist through October in California.
04 Aug 2020
In expanding the surcharge to all shippers, UP cited “a significant increase in demand for container capacity across the system” that is expected to “increase further in the coming weeks.”
29 Jul 2020
Small shippers will have to pay a $500 surcharge on excess cargo on Union Pacific, as both western US Class I railroads struggle to handle the surge in volume out of Los Angeles.
23 Jun 2020
BNSF Railway has unveiled a five-day per week train service between Seattle and CSX’s Ohio hub about an hour south of Toledo.
19 Jun 2020
HMM will be switching from BNSF Railway to Union Pacific Railroad in August, a move that allows it to prioritize efficient inland movement of containers within THE Alliance.
09 Jun 2020
Intermodal is not seeing the same rebound in demand as trucking since the economic shutdown owing to the COVID-19 pandemic, and research firm FTR Associates does not believe containerized rail volume will fully recover to 2019 levels until sometime in 2021.
11 May 2020
A refrigerated rail service sold by Union Pacific Railroad to shippers has shut down amid the COVID-19 downturn in volumes and competition from rival BNSF Railway and other large IMCs.
08 May 2020
JOC’s Spot Intermodal Savings Index hit an 14-month low in a preliminary April reading, the first snapshot of how the COVID-19 pandemic has altered the math on how much money intermodal can save a shipper.
09 Apr 2020
Intermodal volume last week was the weakest in a nearly a decade as the coronavirus disease (COVID-19) has wreaked havoc on the railroads, which an industry analyst believes could cost Class I railroads $9 billion dollars.
26 Feb 2020
Domestic intermodal volumes rose in January year on year, but there is little else for intermodal marketing companies (IMCs) to feel good about right now.
11 Feb 2020
Railroads are more conciliatory in negotiating contract rates than a year ago, hungry to recapture freight lost to trucking. One logistics executive called the railroads’ stance “a complete 180 from last year.”
06 Feb 2020
There are no positives to be found in the Intermodal Association of North America’s latest market report, which shows year-over-year volume fell 7.4 percent in the fourth quarter of 2019 and 4.1 percent for the full year, with declines in all types of containers.
05 Feb 2020
Amid weak intermodal volumes in 2019, the JOC Domestic Intermodal Savings Index shows spot and contract savings are lower than historical averages, although the year closed stronger for shipper savings on the spot market.
27 Jan 2020
Despite stiff truck competition, East Coast ports have taken aggressive steps to capture more intermodal cargo and spend significant capital to build out rail infrastructure.
31 Dec 2019
US intermodal, particularly domestic volume, has a tough road ahead given low spot truckload rates that will continue to push freight to the highway, but the sector could see some improvement in the second half.
17 Dec 2019
Traffic problems that slowed trucks in BNSF’s Lot 16 outside of Chicago have been resolved through a partnership between the railroad and an Intermodal Cartage-owned yard operator.
26 Nov 2019
Barring a major turnaround in December, BNSF Railway and CSX Transportation will record their lowest annual intermodal volumes this year since 2016, and two other Class I railroads could possibly join that list.
07 Nov 2019
Unless the Los Angeles-Long Beach ports attract more cargo, they could wind up stuck with a hefty bill for the intermodal corridor’s bond debt, a report says.
05 Nov 2019
As spot intermodal rates begin to save shippers more money than earlier in 2019, shippers are seeing reduced savings on contract business.
16 Oct 2019
J.B. Hunt Transport Services said its intermodal volume was flat in the third quarter, a positive given the 4.5 percent decline in total intermodal volume across the industry.
10 Oct 2019
Two refrigerated intermodal carriers, Marten Transport and KLLM Transport, have acquired 53-foot containers as US Class I railroads have been disincentivizing intermodal trailer use.
03 Oct 2019
Intermodal volumes did not recover in the third quarter, prompting questions of what railroads can do to win back shippers, other than waiting for a recovery in trucking.
30 Sep 2019
YRC Freight is building its own fleet of domestic containers — to reach 600 by year’s end — for use on BNSF Railway lines connecting West Coast ports with the US heartland.
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