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.
CSX Transportation
CSX Transportation
CSX Transportation is a U.S. Class I railroad serving major markets in the eastern United States with a rail network of 21,000 route miles in 23 states, the District of Columbia, and the Canadian provinces of Ontario and Quebec.The company has more than 31,000 employees and provides rail-based transportation services including traditional rail service and the transport of intermodal containers and trailers.
The Jacksonville, Florida-based railroad was formed in 1986 through the merger of the Chessie System (parent of the Chesapeake & Ohio Railway, the Baltimore & Ohio Railroad, and the Western Maryland Railway) and the Seaboard System Railroad Inc. (parent of Louisville & Nashville, Seaboard Coast Line, and Clinchfield).
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Nov 10, 2022 2:00PM EST
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Press Releases
28 Oct 2022
The Port of New York and New Jersey and two of its marine terminals are funding further planning on a track project that would mean fewer delays out of the port.
30 Sep 2022
CSX and Union Pacific say they are committed in the long term to all intermodal shippers, whether they use private containers with Schneider National or rely on the rail-owned container pool.
15 Sep 2022
CSX said its future CEO brings a deep understanding of the manufacturing and energy sectors, both critical customer bases for the eastern railroad.
09 Sep 2022
The stakes are high for a rail labor deal to be reached because the Association of American Railroads estimates that a strike would cost the US economy $2 billion per day, while a disruption would be a political liability for the Biden administration.
31 Aug 2022
UP has made changes to its reconstruction project in Northern California that should reduce the overall financial and volume impact on some domestic intermodal shippers.
26 Aug 2022
The US Surface Transportation Board has given CSX, Norfolk Southern, and the Port of Mobile more time to reach an agreement with Amtrak over the restart of a Gulf Coast passenger service.
05 Aug 2022
The Port of New York and New Jersey saw a decline in rail volumes in the first half of 2022 as intermittent container embargoes at railroads and low trucking rates pushed shippers off the rails.
12 Jul 2022
US warehouse woes are now showing in lower train speeds and on-time performance among Class I railroads, as stakeholders turn up the heat on retailers for not retrieving their cargo fast enough from depots and terminals.
11 Jul 2022
Like a candle in an otherwise dark room, new reporting requirements from the US Surface Transportation Board are illuminating at least one the factors that has inhibited the growth of US intermodal rail volumes, writes intermodal analyst Lawrence Gross.
01 Jun 2022
The Port of Baltimore will receive almost $16 million in additional federal funds that will complete on-dock rail improvements needed as part of the project to raise the Howard Street Tunnel for double-stack service.
16 May 2022
Chassis shortages are disrupting rail ramps in Chicago for the second consecutive year, but cargo flow through other inland markets outside the Upper Midwest is more fluid than a year ago.
05 May 2022
Intermodal shippers saw record-high savings under contracts signed in Q1, but a recent slide in the spot truckload market could diminish the savings that rails can provide on one-off business over the next three months.
28 Apr 2022
Federal Maritime Commissioner Carl Bentzel wants the agency to regulate rail storage fees in certain cases when ocean containers cannot be picked up from an intermodal terminal through no fault of the cargo owner.
26 Apr 2022
Federal Maritime Commissioner member Carl Bentzel said US Class I railroads need to hire and invest more to boost their intermodal service if the nation’s ports are to avoid future meltdowns and congestion.
26 Apr 2022
As domestic intermodal volumes rise, non-asset intermodal marketing companies are worried that US railroads are not buying enough 53-foot containers to support their shipper customers.
21 Apr 2022
Intermodal volumes and service metrics declined in the first quarter for CSX and UP, though both US railroads believe they can hire more labor and haul more ocean containers in the coming months.
15 Apr 2022
The US Surface Transportation Board has given its blessing to CSX Transportation’s acquisition of short-line operator Pan Am Railways, saying the benefits outweigh any anti-competitive risks.
13 Apr 2022
The sharp growth in container volumes at the ports of Houston and Mobile is spurring increasing demand to move freight via rail as truckers hit the limit on how much they can handle.
28 Mar 2022
The Port of Mobile, CSX, and Norfolk Southern have asked that Amtrak be brought to mediation in its year-long petition to resume a passenger rail service along the US Gulf Coast.
25 Mar 2022
Marine chassis pools are getting tighter after a jump in international intermodal volume from West Coast ports in February, but stakeholders are hopeful of avoiding a repeat of 2021 when BNSF and Union Pacific terminals were overwhelmed with cargo.
04 Feb 2022
Intermodal contracts saved shippers more money than ever in Q4, but they saved much less money on the spot market due to surcharges in California.
04 Feb 2022
Almost $300 million in intermodal projects that will be developed at the Port of Mobile over the coming years will boost the port’s state and national reach, according to its chief executive.
20 Jan 2022
CSX Transportation CEO James Foote told federal regulators he will look to increase headcount at the Class I railroad as it seeks to take more business from trucking
18 Jan 2022
CSX laid out its case to federal regulators that it should be allowed to acquire New England’s Pan Am Railways in order to give shippers better intermodal service into Northeast ports.
12 Jan 2022
Several Southeast ports will expand container capacity in 2022, but the question for most is when will Savannah clear all the anchored vessels outside its harbor?
06 Jan 2022
While most shippers are concerned about whether there will be enough chassis and fluidity in railroad terminals in 2022, they are also bracing for a steep increase in contract rates.
28 Dec 2021
The port of New York–New Jersey is looking at how it can deal with five years of expected cargo growth that has hit the port through 2021, while other Northeast ports are expanding capacity to deal with larger ships.
16 Dec 2021
CSX has been forced to restrict the movement of containers between Memphis and Charleston due to a lack of dray capacity, the latest in a series of congestion-related issues affecting the port in recent weeks.
29 Nov 2021
Construction has begun that would allow double-stack trains between Baltimore and Midwest cities such as Chicago, a major step in the Port of Baltimore’s effort to build its intermodal profile with shippers.
03 Nov 2021
Although there are still more than 20 vessels anchored outside of Savannah, the Georgia Ports Authority said terminal fluidity has greatly improved compared with two months ago.
02 Nov 2021
While contract intermodal customers are realizing huge savings using rail this year, spot intermodal rates are not the bargain they were earlier in 2021.
22 Oct 2021
International air freight and last-mile delivery saw the fastest revenue growth in the transportation sector last year, while industrial transportation suffered.
08 Sep 2021
The chairman of the US Surface Transportation Board urged railroads to focus less on serving Wall Street investors and more on serving shippers, employees, and the public interest — or else the agency may have to intervene.
27 Aug 2021
CSX has been restricting how many domestic containers can be brought into Bedford Park, Illinois, causing shippers to pay accessorial fees, or consider alternatives such as Norfolk Southern Railway or spot market trucking to get their goods out of Chicago.
26 Aug 2021
US railroads have begun to control the number of containers leaving ports on trains per day to tailor volume to equipment and labor capacity, but some are skeptical this new strategy will resolve the crippling congestion in inland US markets.
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