Rail transport/intermodal
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Kansas City Southern Positive Despite Downturn
Chairman & CEO Michael R. Haverty says that despite the global economic downturn, the Kansas City Southern Railway (KCS) remains positive about the long-term outlook for its cross-border franchise...
North American Rail Volumes Drop
Rail volumes on Class 1 railroads (carloads and intermodal) have declined 5.1%, year-over-year in the fourth quarter to date...
Rail Freight’s Down, Equipment Orders to Fall
The continually deteriorating economy is taking a toll on the rail freight industry that is finding reflection in the forecast of orders for railcars in 2009...
Eurotunnel Freight Moving After Fire
“Eurotunnel's truck shuttle service has resumed a limited service,” says a release from the company...
Short-term Gains for Rail but Long-term Problems
Improved productivity has helped railroads make incremental gains that are positive for the short term but insufficient to meet long-term demand, says a Rand Corp. study...
Rail Safety Could Spell Shipper Costs
The rail safety bill appears likely to pass Congress by year end. It includes hours-of-service changes, inspection requirements and hazardous materials safety issues...
Rail Carloads Up
Rail carloadings were up 3.3% during the second week of July compared with the prior-year period. But intermodal volume dropped by 2.8% in the same period...
Rails Ask Shippers to Share Risk
The Association of American Railroads (AAR) asked the Surface Transportation Board (STB) to require shippers of toxic inhalation hazard (TIH) cargos to indemnify the carrier for any liability of exposure resulting from the release of TIH materials...
Freight and Fuel Savings With Bundled Rail Freight Services
A new door-to-door business unit, Carload Solutions, from MHF Supply Chain Solutions puts rail, transloading and trucking into an integrated service product covered by a single invoice...
Geodis Board Recommends SNCF Offer
The French railway company SNCF's offer of €1.1 billion ($1.71 billion) “should be largely positive” for Geodis, said the Geodis board. ...
Canadian Railroads Experiencing Slowing Freight Revenues
While CN revenues grew by 1.0% to C$1,927 million, net income fell by 4.0% to C$311 million. One factor in declining revenues was the stronger Canadian...
Strong Export Coal Means Stronger Prices
Export coal volumes on eastern railroads could be up 20% to 30% in 2008. The higher margins on this business could benefit further from price increases....
Eurotunnel Shows Continued Growth
Overall under the direction of the new Groupe Eurotunnel, traffic through the Channel tunnel had a pro forma profit of 1 million in 2007, leading Jacques...
New President at NITL
Carlton, currently Assistant Administrator of the Maritime Administration at the US Department of Transportation, will begin his role as president of...
French Rail Moves to Become a Major Global Logistics Force
Privatized in 1996, Geodis was the road freight subsidiary of the French National Railway Co., SNCF (Soci Nationale des Chemins de fer Franais). Active...
