Intermodal doubles down on April carload gains
Freight traffic among U.S. railroads in April was 3.3% higher than the same month a year ago, according to the Association of American Railroads.
Freight traffic among U.S. railroads in April was 3.3% higher than the same month a year ago, according to the Association of American Railroads.
Add two more rail companies to the industry group promoting blockchain transaction technology.
Kansas City Southern, confirming an earlier report in Railway Age, will re-start a Texas-New Orleans intermodal shuttle.
Kansas City Southern reported record first quarter 2018 revenues of $639 million, an increase of 5%, but net income fell slightly from the year-ago period.
The Port of New Orleans is starting to ramp up intermodal rail service, beginning with a new Texas connection.
Intermodal shipments and motor vehicle volumes regained some of their luster among U.S. Class 1 railroads in the latest weekly carload data.
The industry group representing Class I railroads wants policy makers to take a broader look at the potential deleterious effects tariffs could have on U.S. grain exports.
Higher export shipments helped drive Class I coal carloads higher in the latest week, according to the Association of American Railroads.
While U.S. businesses tried to make sense of President Trump’s plans for punitive tariffs, they got decidedly good news from the Association of American Railroads.
Watco Companies, LLC, the owner and operator of Greens Port Industrial Park (Greens Port), located on the Houston Ship Channel, has acquired the assets of Industrial Terminals, L.P.