Intermodal shippers saved record amounts of money in the second quarter, but rate hikes in California, Texas, and Washington will make trucks the cheaper option on transactional loads in the western US going forward.
Norfolk Southern Railway
Norfolk Southern Railway
Norfolk Southern Railway is a U.S. Class I railroad owned by Norfolk Southern Corporation operating 20,000 route miles of track in 22 states and the District of Columbia. The railroad provides service to every major Eastern seaport, 10 river ports and nine lake ports, and it has an extensive intermodal network.
The Norfolk, Virginia-based railroad was formed in 1982 with the creation of the Norfolk Southern Corporation, which brought together Norfolk & Western Railway and Southern Railway, but has predecessors dating as far back as 1827.
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Jul 15, 2021 2:00PM EDT
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Press Releases
28 Jul 2021
Norfolk Southern Railway anticipates domestic intermodal service to return to normal by Labor Day with repairs on 75 percent of recalled chassis completed in August and an influx of leased chassis into the network in September.
22 Jul 2021
Norfolk Southern said that changes to the layout of the Landers intermodal yard in Chicago and additional lift equipment will help speed the flow of ocean containers.
08 Jul 2021
Norfolk Southern has shut down domestic intermodal traffic on four busy domestic intermodal lanes into central Pennsylvania for non-asset partners, a signal the eastern US railroad is struggling to handle volume surges and a 53-foot chassis safety recall.
01 Jul 2021
With the award of a $46.8 million federal grant, the Georgia Ports Authority can begin construction on a new inland port in Gainesville, Georgia, that will provide a direct intermodal connection to the port of Savannah when it opens in 2024.
01 Jul 2021
Amid multimodal capacity shortages, Norfolk Southern is increasing daily accessorial charges on shippers who hold onto its 53-foot domestic EMP and TMX containers, hoping to speed turns for containers and chassis and maintain capacity that is under pressure.
28 Jun 2021
Norfolk Southern is significantly cutting domestic intermodal service on two dozen lanes as an emergency measure because of the safety recall of 5,100 chassis.
21 Jun 2021
Norfolk Southern Railway told customers that a chassis safety recall involves more than 5,000 domestic 53-foot chassis that have problems with their wheels.
15 Jun 2021
Norfolk Southern Railway and Union Pacific Railroad are having trouble getting containers to shippers, in part because their supply of 53-foot chassis is very low.
01 Jun 2021
BNSF will adjust its free time calculations on June 7, tightening the window for shippers to pick up containers that are made available after 5:00 p.m., just two weeks after Norfolk Southern slashed its free time clock.
19 May 2021
An exodus of drayage drivers to the flatbed and dry van truckload sectors is further limiting already constrained capacity and equipment availability in key inland markets.
13 May 2021
Land use has been a problem as imports have surged across top US ports, causing issues on how to balance space to devote to inbound and outbound containers in key interior cities.
06 May 2021
The JOC Intermodal Savings Index hit a new record in Q1, but rising spot intermodal rates and surcharges could reduce savings in Q2.
20 Apr 2021
A group of Memphis shippers and truckers want the US Surface Transportation Board to instruct railroads to stop charging storage fees until a chassis shortage is resolved.
19 Apr 2021
Intermodal service in Kansas City is a “complete mess,” according to three cargo owners, with an import surge causing chassis shortages and restrictions on what containers can be picked up or dropped off at rail terminals.
08 Apr 2021
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.
08 Apr 2021
The Port of Mobile says a proposed move to open a Gulf Coast rail track to passenger service would hurt its intermodal business.
22 Mar 2021
Exporters and trucking companies are battling delays on Norfolk Southern and CSX Transportation in Memphis, causing loaded containers going to Charleston and Savannah to idle for days.
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.
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.
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.
14 Dec 2020
Norfolk Southern has shut the gates on containers and trailers entering its 63rd Street terminal in Chicago to five Northeast locations due to a crush of volume, likely sending the loads to full truckload.
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.
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.
28 May 2020
Norfolk Southern Railway has begun on-dock rail service from the Port of Baltimore, replacing an offsite yard, as part of a larger effort to make intermodal more attractive to BCOs using the port.
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.
29 Apr 2020
Norfolk Southern Railway insists that no matter how far truck rates fall, it will not chase the market down by providing unsustainable rates to shippers, but rather focus on innovative ideas such as mixed trains.
23 Apr 2020
North American intermodal volume may plunge as much as 25 percent in the second quarter, so railroads believe the right strategy is to focus on cost-cutting while providing reliable service.
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.
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.
29 Jan 2020
Railroads and intermodal providers say there will be more volume in 2020 than last year, although shipper demand will not fully recover until the second half of this year.
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.
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.
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