CSX expects the construction of two new intermodal terminals, one in North Carolina and the other in Ohio, to be completed in the first quarter of 2021.
Weekly U.S. intermodal traffic continues upward, but Hurricane Laura could threaten that trend.
Weekly U.S. intermodal volumes notched higher again for the second week in a row.
Intermodal volumes actually grew year-over-year.
U.S. carloads fall nearly 18%, although intermodal traffic slipped by only 1%.
The railroad aims to take market share away from trucks through expanded offerings in the Southwestern and Southeastern U.S.
Weekly volumes for U.S. intermodal units were only 1.7% lower than the same period in 2019.
The expectation that North American consumers will help drive intermodal traffic comes as the railway’s second-quarter volumes were hit by the coronavirus pandemic.
Company is leveraging rail service for its Transplace customers.
A study commissioned by the Coalition Against Bigger Trucks suggests that modifying federal rules to allow for heavier and longer trucks could result in diverting roughly 25% of U.S. rail traffic to trucks.
Railroad volumes continue to drop. What might they do to increase volumes? Where are the volume increases going to come from?
The Class I railroads’ expectations that the second quarter could be rough volume-wise are ringing true.
Moody’s says rail volumes could slip 15% or more in 2020. Meanwhile, IANA confirms declines in international intermodal volumes in the first quarter.
The COVID-19 pandemic sent U.S. rail volumes tumbling last month. But now, stakeholders are looking at the shape and scope of an eventual recovery.
North American rail volumes last week were approaching levels normally seen during Christmas and New Year’s, according to the Association of American Railroads.
Intermodal volumes slump as the coronavirus cuts North American import and export volume.
Canceled vessel sailings are resulting in too many intermodal containers at the ports and limited container availability inland.
The drop in weekly intermodal volumes in North America could be a reflection of the impact of coronavirus on the supply chain.
Uncertainty is still an underlying theme facing North American freight railroads.
