Rising natural gas prices push coal volume to high mark
Carload freight, containers and trailers carried by U.S. railroads continued a strong year-end surge, according to the Association of American Railroads.
Carload freight, containers and trailers carried by U.S. railroads continued a strong year-end surge, according to the Association of American Railroads.
Total U.S. rail traffic was 567,252 carloads and intermodal units for the week ending December 22, up 4.2% from the year-ago week.
Traffic on U.S. railroads was 568,941 carloads and intermodal units for the week ending December 15, up 3.9% compared with the same week in 2017.
BNSF Logistics has selected Blume Global as its digital supply chain platform, providing solutions to assist BNSF in optimizing the intermodal transport services it offers to customers worldwide.
For the week of December 8, U.S. weekly rail traffic was 570,225 carloads and intermodal units, up 3.1% from the same week in 2017.
Progressive Rail is poised to take control of 83 miles of railroad owned by BNSF Railway in northwest Washington state.
Railway Age December 2018, Cover Story: BNSF Railway Co. Executive Chairman Matthew K. Rose will retire from the railroad in April of 2019, after 26 years of service. At the end of his tenure, Rose will have been Executive Chairman for six years, and CEO for the prior 13 years. He also served in senior marketing and operations positions at BNSF and predecessor Burlington Northern before assuming the CEO role in December 2000.
After a mostly steady climb through this year, rail freight volumes on Class I railroads are on a downgrade, and uncertainty in 2019 is looming like a blind curve in the dark.
GM’s planned plant closings shadowed already-declining shipments of vehicles moving by rail in the U.S. despite a bounceback by commodities in the latest week’s data.
Amid roiling markets, weaker commodities and intermodal shipments may be signaling a correction for U.S. rail freight.