A decrease in coal volumes did not slow a revenue rise at BNSF Railway Company, which posted a 16% increase in operating revenues in the third quarter compared to Q3 2017.
A wide variety of solutions will be on display at DemoDay.
FreightWaves adds improves mapping and watchlist features while adding rail data.
CaseStack operates mixing centers for consumer product companies selling to retailers and helps manufacturers reduce transportation costs.
Many of the industry’s inefficiencies are the result of a lack of transparency between stakeholders, which creates an inability to plan operations in advance. The pilot program is breaking barriers.
Intermodal services firm to boost presence in consumer goods sector with acquisition of LTL consolidator and brokerage.
Drewry’s Philippe Salles says the sheer volume of data required to provide granular track-and-trace details is a challenge to manage and decipher.
In this final part of the three-part series, the author looks at what steps need to be taken to successfully implement precision railroading.
Data from Bluewater Reporting shows 3.2 million TEUs currently are allocated each week from China to regions across the globe.
Schneider National (NYSE: SNDR) reported strong third quarter earnings, announcing $1.3 billion in operating revenue, a 15 percent increase compared to the third quarter of 2017.
Wiehoff says demand should stay firm while supply comes on-stream. Firm posts strong Q3 results.
Head of FMCSA and largest U.S. truck trade group say California attempting to preempt federal regulations.
Canada’s largest railroad boosts intermodal and refrigerated service offering with acquisition of major trucking company.
The FreightWaves Research Institute is excited to announce the release of its second white paper, Global Freight Tickers, a worldwide study of publicly traded transportation and logistics companies
As we approach the holiday retail season, carriers and brokers have shifted their attention to the country’s major ports to capture upward volatility in trucking volumes.
Under the terms of the Saudi joint venture, Greenbrier, the second largest freight railcar manufacturer in the U.S., will provide up to $100 million in new railcars, lift equipment and other terminal investments, and will operate intermodal and other freight terminals.
Truckers at the ports of Los Angeles and Long Beach often are required to bring empty containers to a terminal different from the one where they were picked up.
Precision railroading has worked, but consistent success has been elusive.
CH Robinson’s CEO sees a more balanced supply-demand scale next year.
Assets to be acquired are still unclear, but deal could expand Ceva’s North American and Asian presence.
Supply chain efficiency is even more important when carriers have the upper hand.
It was a better quarter for three companies representing different sectors: 3PL, intermodal and truckload.
A strong quarter all around, but as predicted, the quarter-to-quarter comparisons are showing signs of being weaker just because the trucking bull market is getting to be a year old.
Precision scheduled railroading principles will be implemented “where they lead to a better result for customers and shareholders.”
Delaware senator’s legislation would remove the cap on INFRA grants for multimodal freight projects.
The $45 million expenditure will “keep the positive momentum going at Conley Terminal.”
Knight-Swift Transportation reported strong earnings on Wednesday, and it was immediately met with praise from Morgan Stanley analyst Ravi Shanker, who wrote in a note that the company’s stock is a “relative buy, at worst, in our view.”
Although a full reveal of its strategy was not part of the conference call, the discussion of the “clean sheets” program shows that Norfolk Southern has undertaken a review of its operations on its way to how much of the precision railroading model it will adopt.
Crude-by-rail is big growth driver for quarter as rail remains key outlet for Canadian crude.
Capacity constraints, strong demand, and chaotic tariff-related traffic pushed transpacific containers rates to new heights, but the current inbound container surge, unrelated to consumer demand, will create a steeper drop off in Q1 2019.
Overall truckload volumes and spot rates are soft, but a huge wave of containers hit the West Coast in September, retail demand is strong, and additions to the national fleet of drivers have been marginal.
The Blockchain in Transport Alliance (BiTA), an organization dedicated to determining best practices and standards for blockchain in the transportation/logistics/supply chain marketplace, is pleased to announce that GTG Technology Group has joined the Alliance.
The industry clearly is moving in the direction of precision railroading being the “way to go.” Now it’s time to figure out the possibilities and the hurdles.
Railroad sees more appliance and brown paper freight moving off road transportation to rail.
Railroad sees better volumes in energy and other bulk freight, with road-to-rail opportunities coming next year.
Agency has 45 days to study changes planned by Los Angeles and Long Beach terminals.
Although some of its individual ORs were less than a year ago, the company said its 14-month record on OR is its best ever.
CSX beats estimates as coal volumes post strong gains, but increasing share in intermodal is the railroad’s next plan.
American Shipper webinar featuring experts from Schneider, Carrier Corp. and CLC Solutions begins at 2 p.m.
Arkansas-based motor carrier sees driver wages up 18%, but it aims to recoup those costs through new shipper contracts.
In his preview of the railroads’ Q3 earnings reports, Susquehanna’s Bascome Majors set optimistic price targets but warned that P/E valuations are at historically high levels.
Michigan-based asset-light logistics provider aims to boost western U.S. presence with latest acquisition.
Rail seems to be benefiting from higher diesel prices and capacity constraints with SONAR data suggesting more loads are shifting to intermodal in shorter lengths of haul.
Norfolk Southern accused of using shortline railroad as a “chess piece” to maintain monopolistic control over intermodal access in and out of Norfolk International Terminal.
Hunt anticipates a $28.9 million hit to earnings when the award is combined with a driver settlement and charge related to a customer bankruptcy.
Hurricane Michael has already knocked out power to hundreds of thousands of people in the South with to come.
Most of the hit is coming from an arbitration award with BNSF. Its conference call with investors is a change in its normal practice.
Hurricane Michael is forecast to make landfall as a strengthening Category 4; Sears may go bankrupt; retailers struggle to fill the hole left by Toys R Us; Cowen is bullish on Canadian Pacific; Seoul continues ploughing money into HMM to cover operations.
Norfolk Southern has control over a small connector railroad in the Hampton Roads port area, and CSX says it is using that control to block CSX from launching significant intermodal service there.
The deal marks Transplace’s eighth acquisition in seven years, according to Transplace CEO Frank McGuigan.
TMS provider says the purchase means its customers will be better able to take advantage of intermodal.
Hyperloop is a technology that has been touted an exciting prospect in the transportation vertical. What is it about and how could it help improve the industry?
Shippers, NVOCCs and ocean carriers all are at risk with legislation taking effect in California at the start of the year.
Differences remain in what is best path for drivers to follow, but all agree that port congestion is a problem that needs fixing.
Intermodal has attracted more freight thanks to tight truck markets, but growth rates will moderate.
It’s been quite a few weeks in the discussions regarding precision railroading vs. not-precision, for lack of a better term. Also: OPEC pumping strong, Bangkok a growing intermodal hub
Additional container volumes coming into Vancouver will help spur growth as CP looks to existing assets for capacity.
RKG Mode, headquartered in Nevada, will assume management of truckload operations.
As part of a wide-ranging DOT initiative to prepare for driverless vehicles, FMCSA will address regulations that could be slowing the development of these technologies in the commercial vehicle space.
Newly launched venture called Transmission aims to bring low-cost ELD product to drayage and intermodal motor carrier.
Stifel’s John Larkin captivated the audience with a wide-ranging presentation on transportation and logistics across modes during Tuesday’s lunch at the McLeod User Conference 2018.
Long-serving railroad man led BNSF through acquisition by Berkshire Hathaway.
Logistics company argues that it has improved conditions at warehouse one year after its purchase.
CSX also will offer improved access to the Ohio rail hub from the Port of New York and New Jersey.
BNSF will use the CSX system to haul intermodal freight from the LA/Long Beach port, and service on the CSX system will be added from the New York/New Jersey port.
With the explosion in tech over the past few years in transportation, it’s increasingly urgent to provide real solutions with systems integration capabilities that let drivers, carriers, accountants, managers, and brokers tap into innovation and information.
Start-up looks to spread adoption of more nimble APIs to replace legacy EDIs used widely in transportation industry.
An annual review of the logistics business gets published; dueling intermodal views; and a startup gets a big chunk of funding.
A response to an earlier piece discussing railroad attendance at IANA’s recent expo and the benefits of precision railroading.
Largest U.S. intermodal rail carrier sees uptick in domestic containers and trailers as trucking capacity remains tight.
The state’s 25,000 port truck drivers “routinely face wage theft and illegal pay deductions while hauling goods for the world’s biggest brands,” the bill’s sponsor said.
The numbers look good but deteriorating service is tarnishing the traditional role of intermodal.
Walmart brought blockchain technology to the forefront now three times.
R2 Logistics, Inc., a customer-focused third-party logistics (3PL) service provider, is the latest member of the Blockchain in Transport Alliance (BiTA).
Port aims for new on-dock rail facility to handle increased container throughput and meet clean-air goals.
The two Koreas consider historic trade agreements in the middle of ‘Autumn Eve’, their peak shipping season.
We see falling demand for oil, lumber, and wheat out of Canada in the future due to a combination of market forces. Canadian Pacific Railroad appears to be especially exposed to this freight recession.
The smartest minds on Wall Street use charting analytics to quickly identify and then track trends in multiple data sets. Why? Because it works. And now freight professionals are learning how to do the same.
Some railroads are spending more than 20 percent of revenues on capital improvements to meet the growing demand for intermodal services.
Executive director says Savannah is being redefined as “the port of choice for major inland markets east of the Mississippi River.”
Innovative waterway vessel touted to deliver savings for shippers while revolutionizing freight movement.
The Port of Savannah plans to boost its container handling ability through a $2.5 billion project aimed at making the Port the main East Coast gateway to U.S. inland markets. […]
Commissioners prefer a commercial solution rather than a rulemaking to bring clarity for how and when these fees are assessed by ocean carriers and marine terminals.
Companies are deploying contingency plans and building inventories to avoid the full impact of higher duties coming in January.
Customers in some cases can move back and forth between the rails and the roads, and how brokers deal with that was the subject of an IANA panel discussion.
Freight Alley, the Mid-South region that includes Tennessee, the Carolinas, Alabama, and Georgia plays an enormous role in the national logistics network
Nestlé commits to pumping the brakes on deforestation caused by palm oil production, Maersk surcharges are on the horizon, and Audi announces their plan to break into the electric vehicle market.
Jim Filter of Schneider says he’s seeing benefits from CSX paring back its footprint and focusing on a smaller range of lanes.
Speakers at IANA Expo warn next year may not be as strong.
The project, which includes 124,000 feet of new track, will double Port of Savannah’s rail capacity.
A panel of experts from all sides of the market confronts the driver squeeze, and says productivity improvements could be like adding new drivers.
The Georgia Ports Authority approved a measure that will double its intermodal rail capacity as the port continues to see strong growth in container volumes. The GPA approved $92 million […]
SSA Containers president says these days container terminals are judged by how they handle trucks as well as ships.
The worst flooding in North Carolina could be yet to come in the wake of Florence.
Individuals knowing of a reason why an applicant should not receive a license change should contact the Office of Transportation Intermediaries.
Port of Wilmington is one of the smaller ports in Florence’s path.
The ports at Norfolk and Charleston have reopened after determining that the damage caused to the ports by Hurricane Florence is minimal
Railroad makes leadership moves; 3PL opens and staffs Tennessee office.
A lack of crews and a slowdown in system operations is squeezing intermodal capacity and shutting off an alternative for those looking to move away from trucks.
It’s a good time for 3PLs when capacity is tight and supply chains are speeding up.
