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Titusville Logistics Center construction under way
Florida East Coast Industries subsidiary Flagler Global Logistics on July 27, 2015 broke ground on the new Titusville Logistics Center, Port Canaveral, Fla.’s first multimodal inland port facility. When complete,…
GPA, CSX to establish Appalachian Regional Port
Governor Nathan Deal, the Georgia Ports Authority (GPA) and CSX Transportation signed a memorandum of agreement July 28, 2015 establishing the Appalachian Regional Port in Chatsworth, Ga. Its service will…
GPA achieves record intermodal traffic in FY2015
The Georgia Ports Authority (GPA) saw the highest-ever volume of intermodal rail moves in Fiscal Year 2015 with the Port of Savannah having moved 369,347 containers by rail in FY2015,…
Wabtec posts record second quarter
Wabtec Corp. on June 23, 2015 reported record results for second-quarter 2015.
Carload traffic continues to dip
For the week ending July 18, 2015, total U.S. weekly rail traffic was 551,181 carloads and intermodal units, down 2.8% compared with the same week last year, as carload traffic…
Carload traffic remains mostly flat
For the week ending July 11, 2015, total U.S. weekly rail traffic was 534,097 carloads and intermodal units, down 2.4% compared with the same week last year, as carload traffic…
Waiting for the whites of their eyes
Since March we have been very cautious on the near-term prospects for the railroad stocks, warning investors on multiple occasions about the disappointing volume outlook for the group. These warnings…
Carload dip continues as intermodal grows
For the week ending July 4, 2015 total U.S. weekly rail traffic was 506,284 carloads and intermodal units, up 1.7% compared with the same week last year, as carload traffic…
Intermodal sees highest-volume month in history
In reporting weekly U.S. rail traffic, as well as volumes for June 2015 and the first six months of 2015, the Association of American Railroads (AAR) revealed on July 1,…
Rep. Lipinski introduces new freight research legislation
Addressing the need for increased national freight research, U.S. Representative Dan Lipinski (D-Ill.) introduced on June 29, 2015 legislation aimed at improving freight mobility through transportation research and strategic planning.
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