Cold Train sold to investment firm
Rail Logistics, which owns and operates the “Cold Train” express refrigerated intermodal service on the BNSF Railway network between the Pacific Northwest and Chicago, has been acquired by Federated […]
Rail Logistics, which owns and operates the “Cold Train” express refrigerated intermodal service on the BNSF Railway network between the Pacific Northwest and Chicago, has been acquired by Federated […]
Water route could support more finished vehicle exports to United States. Global manufacturers are stampeding into Mexico to take advantage of affordable, quality labor and proximity to the U.S. […]
I was recently speaking with someone at one of the larger U.S. freight brokerages when he mentioned in passing the size of the company’s IT department in terms of […]
The Intermodal Association of North America is recommending that the U.S. Department of Transportation include freight intermodal connectors as part of the nation’s Primary Freight Network.
Consumers are an influential bunch, and just as they have pushed express companies to deliver products when and where they want them, so too are they having the same […]
New services pop up around the country to move perishables by train. Class I railroads have done a masterful job since 2000 developing their intermodal franchises to the point […]
The container leasing company Textainer reported strong growth in revenue last year, but a drop in profit. Textainer said it had a profit of $45.5 million in the […]
The Florida East Coast Railway has begun installing rail tracks and crane pads for a ship-to-rail terminal slated to open this summer at Port Everglades in Fort Lauderdale, the […]
The Port of Charleston increased the amount of cargo moving in and out of the port by rail by 18 percent last year to nearly 145,000 containers, the South […]
Total intermodal shipments increased 4.6 percent in 2013 to 15.5 million containers and trailers (of all sizes) and were up 7 percent in the fourth quarter to just shy […]
The cat fight between the Panama Canal Authority (ACP) and a construction consortium over who is responsible for excess costs associated with building a new set of locks to […]
Revenues at Canadian National Railway for 2013 ticked up to C$10.58 billion ($9.54 billion), a year-over-year rise of seven percent, but net income fell, year over year by C$68 […]
The plan includes recommendations for stepped-up efforts to develop direct intermodal rail access and deepen the harbor, as well as relocating some container operations from the Talleyrand Terminal to […]
MOL (America) Inc. said this week that its North American intermodal transit on-time performance results for October-December 2013 was 56 percent for the three origin ports in Asia to […]
DSV has launched an intermodal service between Turkey and the UK. One service offers departures three times a week direct by rail from Halkali train terminal in Istanbul […]
Members of the Transpacific Stabilization said they will seek further rate Eastbound rate increases in March and May, seeking to “build on the momentum” of a $300 per 40-foot […]
Forward Air Corporation has signed an agreement to purchase Central States Trucking Company and Central States Logistics, it announced Thursday. Bruce Campbell, chairman, president and chief executive officer […]
Kansas City Southern brought in a record $616 million in the fourth quarter of 2013, and for the full year, revenue was a record $2.4 billion, the company reported […]
The competency of the crews is a major advantage of using the U.S. flag fleet when shipping goods around the world, but cost is a major drawback, according to […]
RoadOne IntermodaLogistics has started an initiative with GreenFleet Ventures that will allow North American owner-operators to lease newer vehicles and more environmentally friendly tractors, according to a news release. […]
Acquired last August by XPO, 3PD is the largest provider of “high-touch, last-mile” deliveries in North America, said Karl Meyer, the unit’s chief executive officer. Meyer, former national […]
Third-party logistics provider XPO paves a path forward through acquisitions. XPO Logistics, a third-party logistics company that has seemingly made a business of acquisitions over the last two years, […]
Greenfield port plan off Louisiana coast would rely on immigrant investors for funding. An investor group with a unique financing scheme that involves a controversial federal immigration program and […]
The manufacturing sector gained strength in the fourth quarter of 2013, with retail demand remaining sluggish, according to the investment banking firm Stifel Nicolaus. In a report issued […]
The liner carrier Hyundai Merchant Marine this week launched a webpage dedicated to North American intermodal services. The page allows customers to search for service availability and tariffs. […]
NorthPoint Development announced Wednesday it will lease from Smart Warehousing a distribution center spanning more than 575,000 square feet, Inland Port IV, which is to be built at Logistics […]
Ownership of the parent company of SSA Marine, which describes itself as the world’s largest independent, privately-held marine terminal operator, has changed hands. Carrix, Inc. and its parent […]
Union Pacific Railroad announced yesterday a new intermodal service between Laredo, Texas, and Memphis, Tenn., to support growing transportation needs for the automotive manufacturing and intermodal marketplaces.
XPO Logistics has acquired Pacer International for $335 million, taking a large step into the intermodal arena. Pacer is the third largest provider of North American intermodal services […]
The first meeting of the Port of New York/New Jersey’s Port Performance task force is scheduled for today. The port authority earlier this month established the advisory group of […]
By Eric Kulisch and Jon Ross Liquefied natural gas seen as viable propulsion fuel for freight sector. Transportation industry interest in liquefied natural gas to power cargo vessels, barges, trucks and […]
“Establishing a company-owned chassis fleet gives Schneider complete control of assets used in an intermodal move and makes our service even more efficient for shippers,” stated Bill Matheson, president […]
According to the Cass Truckload Linehaul Index, truckload linehaul rates in November were 1.8 percent higher than in November of last year. Linehaul rates for the first 11 […]
Tiger Cool Express announced Wednesday it has acquired an initial order of 200 refrigerated containers for its start-up operations this spring. “The acquisition of our first 200 refrigerated […]
Transition to new chassis management model is “painfully slow process.” The transition to a new chassis management model in which a new set of middlemen have taken over from […]
Truck rates have increased by at least 1.6 percent since the Federal Motor Carrier Safety Administration’s new hours of service rules went into effect July 1, but the rule […]
The Association of American Railroads reported that total U.S. weekly intermodal volume was 262,765 units last week, up 9.4 percent compared with the same week last year. Five […]
Interbake Foods and Norse Dairy Systems, a division of Interbake, have begun to utilize LeanLogistics’ LeanTMS technology. LeanLogistics is a global solutions provider of transportation management system applications and […]
The Chinese city of Xian, which is in the Shaanxi province, plans to build an inland port that will focus on international logistics, according to a report by China’s […]
The industrial rebirth in the Gulf region, new domestic energy production, and the steady rise in U.S. exports has benefited the Port of New Orleans the past 18 months, and […]
American manufacturers and related industries shipped almost 11.7 billion tons of goods valued at more than $13.6 trillion in 2012, according to preliminary numbers from the 2012 Commodity Flow […]
Union Pacific has launched an intermodal service between Monterrey, Mexico, and Chicago. UP trains will interchange at Eagle Pass, Texas, and Ferromex will carry the goods, which UP […]
A dedicated, refrigerated shuttle-train service that was supposed to start transporting perishable products directly between the Port of Tampa and an inland port in Indiana as of October has […]
Annoyed by the traction that the railroad industry has gotten with its ubiquitous “Freight Rail Works” advertising campaign, motor carriers have decided to use the media too to put […]
Diamond Logistics Northwest has leased 18 acres from the Port of Quincy, an inland intermodal port in Washington state, to expand its capability for cross-docking and consolidating perishable loads, […]
Hub Group typifies the shift to more diverse services in this market space. In the railroad world, the moniker “hub” is well suited to Chicago, with its mass […]
Onslaught of safety regulations raises costs, supply uncertainty for truckers and shippers. Truckload capacity in the United States is at equilibrium, but it’s usually not difficult for shippers to […]
C-SPAN’s “Washington Journal” left its Washington studio in August to broadcast an interesting program from the Port of Virginia. Over the course of three hours, the program hosted Reps. […]
A House Transportation and Infrastructure Committee panel specially created early this year to come up with recommendations for improving the nation’s freight transportation system released its final report on […]
The Intermodal Association of North America (IANA) this week announced a pilot program undertaken in collaboration with the Federal Motor Carrier Safety Administration (FMCSA), aimed at improving lag times […]
U.S. Southeast, Northeast offer growth opportunities for industry. In the domestic intermodal market, many analysts and industry players point to the U.S. East Coast as the burgeoning hot spot for […]
At this pace, President Barack Obama and Vice President Joe Biden should be eligible to become honorary port directors. On Friday, the Port of New Orleans served as […]
Biden Vice President Joe Biden and Secretary of Transportation Anthony Foxx toured CSX’s sophisticated Northwest Ohio Intermodal Terminal in Wood County on Wednesday, the latest stop by Biden to promote […]
Matson said Wednesday it has signed a contract to have Aker Philadelphia Shipyard build two new 3,600-TEU containerships for an aggregate price of $418 million. The new ships […]
The company’s first service began two weeks ago, and Schneider will have the new program, which links three cities in Mexico to Chicago via a new interchange point, fully […]
C.H. Robinson saw its total revenues increase by 15.1 percent in the third quarter, jumping from $2.88 billion in the 2012 period to $3.32 billion. For the first nine […]
International traffic has been in decline due to the contents of many 40-foot international containers being immediately transferred to domestic 53-foot units at seaports, but during the third quarter, international […]
After six months of work, an ad hoc panel of the House Transportation and Infrastructure Committee on Tuesday announced a series of recommendations for improving the nation’s freight transportation system, but despite […]
Mobile, Ala.-based ASF Intermodal has opened an intermodal drayage facility in Chicago, the firm’s first location in the Midwest. The new Chicago terminal is the first of several […]
In the third quarter, Pacer International experienced a jump in income from operations of more than $2 million compared to the same period last year, but saw a $98.9-million […]
Railway operating revenues at Norfolk Southern ended the third quarter at $2.8 billion, a 5-percent increase over the same period in 2012, on the strength of a 4-percent rise […]
Cordero Federal Maritime Commission Chairman Mario Cordero is asking fellow regulators in the European Union and China to join with him in a global regulatory summit on the proposed […]
Proximity to transportation hubs prime criteria for CenterPoint. Paul Fisher, chief executive officer of real estate development company CenterPoint Properties, recalls traditionally his peers would look at a new 33-foot […]
Intemodal firm sees growing demand for drayage services from shippers. RoadOne IntermodaLogistics, formed earlier this year through the purchase of the former RoadLink transportation division, sees increased demand for drayage […]
Freight railroad CSX said Thursday it will invest $50 million to build a new intermodal facility near Pittsburgh to serve shippers in the area and enhance the efficiency of its truck-like service. […]
BNSF Railway has unveiled a 433-acre intermodal facility at the Logistics Park Kansas City. The facility has six tracks spanning 8,000 feet each; 4,300 container-stacking spots; and five […]
CSX gained net earnings of $463 million in the third quarter, generating $8 million more than the same period in 2012. Revenues of $3 billion, when combined with […]
Earnings during the third quarter for J.B. Hunt rose to $89.5 million from $78.2 million during the same period in 2012, as operating revenue topped $1.44 billion, an increase […]
In September, domestic intermodal costs fell 0.5 percent, year over year, and declined 1.2 percent month-to-month, according to Cass Information Systems. Rates have stayed extremely competitive despite a rise […]
The story “Cold train transload” in the October issue (pages 14-18) of American Shipper profiles a new company named Green Express that intends to sell wholesale transport of refrigerated boxcars. […]
Palmetto Railways last week announced the $10 million purchase of the remaining 50 acres of what is known as the Noisette property on the former Navy Base in North Charleston, […]
While intermodal growth has remained steady at a rate of between 3 percent and 5 percent year over year, Nate Brochmann of William Blair & Co. said bringing midsized shippers […]
Freight railroad CSX could begin double-stack intermodal service between the Port of Virginia and the Midwest by the end of 2015 under some scenarios for the second phase of […]
Unifeeder, a major European feeder and short-sea operator, will consolidate its short-sea transport operations through the Eurogate terminal in the Waltershof section of Hamburg, Germany. “Many of Unifeeder’s customers, […]
Florida last week took the first step towards making a $50 million allocation to seaports for fiscal year 2014/15. Under Florida law, each year the state must fund […]
Globe Tracker International and SensorClip ApS have joined forces to deliver wireless tracking, remote management of refrigerated units and generators, and power condition monitoring for intermodal transport. SensorClip will […]
MANP inland terminal, which is located near Moscow, has started intermodal service to the Urals, Siberia and the Russian Far East. Investment in the terminal since MANP’s acquisition by […]
The cloud-based software provider Logistical Labs on Wednesday released a new freight pricing and modal selection tool that leverages big data and social collaboration for quicker and more accurate […]
ContainerPort Group has moved to a larger and more centrally located facility in Indianapolis. The new facility is located near Interstates 65, 70 and 465 and a short […]
Seaspan Corp. said it has exercised options to build five 10,000-TEU containerships at Jiangsu New Yangzi Shipbuilding Co., Ltd. and Jiangsu Yangzi Xinfu Shipbuilding Co., Ltd. The ships […]
The Florida East Coast Railway will begin hauling cargo from the Port of Miami next month after completing the first phase of an on-dock facility for ship-to-rail transfer of intermodal boxes, setting […]
Rail Logistics says it recently added 400 53-foot refrigerated containers to its express intermodal service from Washington state to the East Coast to support demand from food producers.
Kuehne + Nagel has teamed up with European rail logistic firm VTG Aktiengesellschaft to merge the two companies’ rail operations under the name VTG Rail Logistics. The companies […]
U .S. Customs and Border Protection has tentatively selected ATS Logistics Inc. of North Charleston, S.C., as the new operator of its Central Examination Station for the Port of […]
With progressive industrial policies, the country offers numerous opportunities for American shippers, their suppliers, 3PLs and carriers. By Jon Isbell I have made two trips to Mexico this year, visiting […]
New programs, services, and infrastructure embody South Atlantic port’s growth strategy. A new system for managing drayage moves to crosstown rail facilities has contributed to a 27 percent increase […]
Last spring, Canadian National considered shipping a large amount crude between Alberta and Prince Rupert, B.C., according to an internal memo obtained by Greenpeace and reported by the Canadian […]
Swift Transportation, the largest U.S. truckload carrier, estimated that changes to the hours-of-service rules on July 1 has reduced equipment utilization by about 2 percent year-on-year, according to a note […]
Gov. Pat Quinn of Illinois on Thursday praised construction of a new intermodal container terminal at Archer Daniels Midland Co.’s major agricultural processing and headquarters complex in Decatur as a […]
Calgary-based Canadian Pacific has lost a contract with liner carrier OOCL, one of its two major intermodal agreements, to Canadian National, according to an update by analyst Cowen and […]
The International Maritime Organization’s Subcommittee on Dangerous Goods, Solid Cargoes and Containers will meet in London this week to consider competing proposals to require verification of container weight prior […]
RoadOne IntermodaLogistics said its QLS Logistic Services affiliate had acquired US Intermodal, which will serve as foundation for a new coast-to-coast agent drayage and brokerage business called US IntermodaLogistics. […]
The Port of Savannah continues to be a magnet for retail, manufacturing and multi-tenant distribution centers, with more than 1.1 million square feet of space leased or developed in fiscal year […]
Linehaul rates rose by 1.5 percent in August compared to the same period last year, and total intermodal costs increased by 0.8 percent, according to Cass Information Systems. […]
Fueled by upticks in intermodal and inland water shipments, the amount of freight carried domestically inched up 0.3 percent in July when compared to June’s result, according to the […]
Lowe’s Cos., the home improvement store chain, is assembling its own fleet of chassis to move containers to and from marine terminals. Dean Tracy, director of import logistics at Lowe’s, said […]
The Jacksonville, Fla.-based railroad said double-stacked intermodal service is now possible between its existing terminal in Chambersburg, Pa., and the new high-tech, intermodal hub in North Baltimore, Ohio.
The renewal of lumber business to China is expected to boost cargo volumes at the Port of Virginia, which is already experiencing a boom in container growth this year. […]
In the last two weeks, BNSF has said it will have spent $625 million in capital improvements in three states during 2013. The railroad added this figure to the […]
Port-related projects received more than one-fifth of the $474 million in TIGER grants awarded Thursday by the U.S. Department of Transportation. Almost half of the 52 projects selected, […]