Total intermodal volume gained 7.5% year-over-year in the fourth quarter of 2024, according to the Intermodal Association of North America’s (IANA) latest report. While trailers dropped 6.2%, domestic container and international container originations grew 6.5% and 9.6%, respectively. For the year, total volume rose 8.5%.
Rail service providers Bourque Logistics and AllTranstek announced that they will merge, combining operations to provide “a complete and unified offering to rail shoppers, railcar owners, and their railcar maintenance providers.
“Our team finished our first full year as a combined company strong, with volume growth, improved safety performance, and solid operational execution that allowed CPKC to deliver industry-leading earnings growth in 2024,” President and CEO Keith Creel reported on Jan. 29.
For the first four weeks of the year, ending Jan. 25, 2025, North American carload and intermodal traffic was up 6.8% from the prior-year period, the Association of American Railroads (AAR) reported Jan. 22. Canada and Mexico experienced gains, while the U.S. saw a loss.
OmniTRAX, an affiliate of The Broe Group, announced Jan. 29 that David Garin has been named Board Chairman and CEO Dean Piacente has been elected to the company’s Board of Directors.
The Surface Transportation Board (STB) on Jan. 28 issued a notice to solicit nominations for candidates to fill a vacancy on its Passenger Rail Advisory Committee (PRAC). The vacancy is for a representative from a state that provides funding for intercity passenger rail.
TransLink receives more than C$663 million in transit funding through the Canada Public Transit Fund to improve Metro Vancouver’s public transit infrastructure. Also, Metrolinx’s Hazel McCallion Line extension will bring underground rapid transit to Brampton’s downtown core; the end of 2024 shows growing Caltrain ridership; the New York Metropolitan Transportation Authority (MTA) releases the results of its Fall 2024 Customers Count Survey; and Sound Transit adopts the name Pinehurst Station for the NE 130th Infill Station Project.
Norfolk Southern (NS) on Jan. 27 announced that it has appointed Lori J. Ryerkerk, former Chairman, Chief Executive Officer, and President of Dallas, Texas-based Celanese Corp., a fortune 500 global chemical and specialty materials company, to the Board of Directors.
The Georgia Ports Authority (GPA) welcomes Wallenius Wilhelmsen’s new Brunswick hub facility. Also, Agile Cold Storage receives its first railcar at its new cold storage facility in Macon, Ga.; and the first railcar of 100% renewable propane to be broadly marketed in Canada arrives in Prescott, Ontario.
American Industrial Transport, Inc. (AITX) on Jan. 27 announced the promotion of Patrick Magee to Vice President of Transformation.