Intermodal

image
FEC: Big trains, big ships The panamax era has begun in Miami, and Florida East Coast Railway (FECR) stands ready to handle intermodal containers from the Pacific Rim arriving on the gargantuan ships via the enlarged Panama Canal.

wabtec-reports-2q16-results-updates-full-year-guidance
Wabtec Corp. on July 25, 2016 reported second-quarter results affected by lower freight sector-related revenues. Sales for the quarter were $724 million, with higher sales in the Transit Group more than offset by lower sales in the Freight Group, which were...
usdot-constructs-build-america-bureau
The U.S. Department of Transportation (USDOT) announced the establishment of the Build America Bureau, "which will drive transportation infrastructure development projects in the United States by streamlining credit and grant opportunities while providing technical assistance and encouraging innovative best practices...
aar-total-weekly-rail-traffic-down-56
The Association of American Railroads (AAR) reported U.S. rail traffic for the week ending Jul. 16, 2016: Total U.S. weekly rail traffic was 520,222 carloads and intermodal units, down 5.6% compared with the same week last year. Total carloads for the...
minnesota-establishes-council-on-freight-rail
Minnesota Gov. Mark Dayton issued an executive order, establishing the Governor’s Council on Freight Rail, which will bring together state officials and railroads in a public-private working group to improve communication and enhance safety and economic development in communities. "Minnesota's railways...
cowen-shipper-survey-price-increases-expected
Shippers expect a 2.9% price increase from the railroads over the next 6-12 months, according Cowen and Company’s Second-Quarter 2016 Rail Shipper Survey (downloadable from the link below). . “That expectation has not changed from 1Q16,” said Cowen and Company Managing...

us-dot-reports-second-consecutive-month-uptick-in-freight
The U.S. Department of Transportation’s Bureau of Transportation Statistics’ (BTS) released numbers on July 13 showing the Freight Transportation Services Index (TSI), which is based on the amount of freight carried by the for-hire transportation industry, rose 0.2%in May from...
aar-weekly-rail-traffics-summer-slump
The Association of American Railroads (AAR) reported on July 13th U.S. rail traffic for the week ending July 9, 2016. For this week, total U.S. weekly rail traffic was 442,113 carloads and intermodal units, down 17.2% compared with the same...
florida-east-coast-railways-takes-to-the-seas-at-portmiami
The panamax era has begun in Miami, and Florida East Coast Railway (FECR) stands ready to handle intermodal containers from the Pacific Rim arriving on the gargantuan ships via the enlarged Panama Canal. On July 9, 2016, FECR celebrated with its...
greenbrier-posts-solid-fiscal-third-quarter
The Greenbrier Companies, Inc., reported financial results for its third fiscal quarter ended May 31, 2016 that indicate continued strong performance, despite a railcar market that has softened in recent months. Net earnings attributable to Greenbrier for the quarter were $35.4...
savannah-rail-projects-faster-to-intermodal
The Georgia Ports Authority announced on July 6 it has received a $44 million Fixing America's Surface Transportation (FAST) grant from the U.S. Department of Transportation to increase rail capacity at the Port of Savannah. The $44 million award, made possible...