Port of Los Angeles: Cargo Volume Increases Again in September
The Port of Los Angeles reported handling 748,440 Twenty-Foot Equivalent Units (TEUs) in September, a 5.4% improvement compared to the same period last year.
Author: Carolina Worrell
GATX 3Q23: ‘Consistent With Initial Outlook’
“Consistent with our initial outlook, the railcar leasing environment in North America remains robust,” GATX President and CEO Robert C. Lyons said during a report on third-quarter 2023 financials, which included Rail North America fleet utilization of 99.3% and a renewal success rate of 83.6%.
Report: BLET, SMART-TD Authorize Strike Votes on SEPTA
The national presidents of the Brotherhood of Locomotive Engineers and Trainmen (BLET) and the International Association of Sheet Metal, Air, Rail and Transportation Workers, Transportation Division (SMART-TD), which represents the conductors, have
CN, AltaGas Renew Long-Term Transportation Agreement
CN on Oct. 23 announced that it has renewed and expanded a five-year transportation agreement with utilities company AltaGas, leveraging the Class I railroad’s exclusive access to the Port of Prince Rupert.
Transit Briefs: SMART, NCTD, CTDOT
Sonoma-Marin Area Rail Transit (SMART) awards a $32.5 million contract for a second Petaluma train station. Also, North County Transit District (NCTD) authorizes an exclusive negotiating agreement for the Escondido Transit-Oriented Development (TOD) project; and the Connecticut Department of Transportation (CTDOT) finalizes Service and Fare Equity (SAFE) analysis.
R.J. Corman Leases Former Heartland Intermodal Gateway Property (UPDATED)
The Wayne County Commission has signed a contract to lease the former Heartland Intermodal Gateway property in Prichard, W.Va., to private railroad company R.J. Corman Railroad Group. R.J. Corman took over the
IANA: Intermodal Challenged in 2Q23
Total intermodal volumes fell 10.4% year-over-year in second-quarter 2023, according to a recent report by the Intermodal Association of North America (IANA). All segments showed declines, including domestic containers, down 6.3%; international containers, down 13.2%; and trailers, down 20.1%.
LIT Announces 2023 Leadership Academy Graduating Class, Scholarship Recipients
In celebration of the 2023 Leadership Academy’s graduating class and scholarship winners, Latinos In Transit (LIT) hosted an awards reception Oct. 9 at the Rosen Centre in Orlando, Fla.
Intermodal Briefs: PRPA, ITS Logistics, POLB
The Prince Rupert Port Authority (PRPA) begins construction on C$750 million Ridley Island Export Logistics Project (RIELP). Also, ITS Logistics releases its October forecast; and the Port of Long Beach (POLB) achieves its strongest September on record.
South Dakota Railroad Board: $58.8MM Allocated Through STC Grant Program
South Dakota Railroad Board members on Oct. 18 approved grant request applications for several projects for use of the FY2022 and FY2023 allocation of Special Transportation Circumstances (STC) grant funds. The STC