Intermodal

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CN slates new Milton intermodal and logistics hub CN announced March 17, 2015 a plan to build a C$250 million intermodal and logistics hub adjacent to its main line in Milton, Ont., located approximately 30 miles west of Toronto.

freight-traffic-stays-relatively-flat
According to figures reported by the Association of American Railroads for the week ending April 11, 2015, freight rail traffic remained relatively flat. Total U.S. weekly rail traffic was 557,812 carloads and intermodal units, down 0.3% compared with the same week...
first-quarter-shipper-survey-notes-“mild-negative”-for-rail
The results of a rail shipper survey conducted by Cowen & Company in 2015’s first quarter indicate a “mild negative for the rail sector,” according to Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl. “Pricing, employment outlook, confidence, recent...
cold-train-files--million-lawsuit-against-bnsf-railway
Steven Lawson, former President and CEO of Cold Train and Mike Lerner, former Managing Member have filed a $41 million lawsuit against Burlington Northern Santa Fe (BNSF) Railway in the US District Court in Spokane, Washington, as a result of...
The U.S. Department of Transportation (USDOT) is making $500 million available for the seventh round of the Transportation Investment Generating Economic Recovery (TIGER) competitive grant program. "The TIGER program has funded innovative projects, sparked new partnerships, created intermodal connections and enabled...
secretary-foxx-sends-long-term-transportation-bill-to-congress
U.S. Transportation Secretary Anthony Foxx on Monday, March, 2015 sent a six-year transportation bill to Congress, the "Generating Renewal, Opportunity, and Work with Accelerated Mobility, Efficiency, and Rebuilding of Infrastructure and Communities throughout America," or GROW AMERICA, Act. "The GROW AMERICA...

The U.S. Department of Transportation (USDOT) is making $500 million available for the seventh round of the Transportation Investment Generating Economic Recovery (TIGER) competitive grant program. "The TIGER program has funded innovative projects, sparked new partnerships, created intermodal connections and enabled...
rail-freight-traffic-relatively-flat
Gains in intermodal helped offset a downturn in carload traffic during the month of March 2015, the week ended March 28 and the year’s first quarter, the Association of American Railroads reported. Carload traffic in March totaled 1,117,029 carloads, down 3.4%...
secretary-foxx-sends-long-term-transportation-bill-to-congress
U.S. Transportation Secretary Anthony Foxx on Monday, March, 2015 sent a six-year transportation bill to Congress, the "Generating Renewal, Opportunity, and Work with Accelerated Mobility, Efficiency, and Rebuilding of Infrastructure and Communities throughout America," or GROW AMERICA, Act. "The GROW AMERICA...
intermodal-gains-pace-railroad-traffic
A strong showing for intermodal offset a drop in carload volume on North American railroads for the week ending March 21, 2015, the Association of American Railroads reported. North American rail volume for the week on 13 reporting U.S., Canadian, and...
rail-stocks-slide-following-kcs-outlook-downgrade
Railroad stocks slid precipitously on Monday, March 23, 2015, pulling down the broader transport sector, after Kansas City Southern, citing the negative effects of lower oil prices and continued weakness in the Mexican peso, downgraded its full-year outlook. KCS stock fell...