Intermodal

Port of Los Angeles: Cargo Up 30% in 1Q24

For first-quarter 2024, ending March 31, local dockworkers moved 2,380,503 Twenty-Foot Equivalent Units (TEUs) across Los Angeles marine terminals—nearly 30% more than 2023, the Port of Los Angeles reported April 17. It was among the Port’s best first quarter starts, behind only the pandemic import surge in 2021 and 2022.

The Port of Savannah moved more than 3 million tons of cargo in March, while handling 154 vessels between Garden City and Ocean terminals, according to GPA. (Photograph Courtesy of GPA)

Intermodal Briefs: GPA, ITS Logistics

March was the third consecutive month of growth for the Georgia Ports Authority (GPA), with rail volumes up 22%. Also, ITS Logistics releases its April forecast, reporting that the collapse of Baltimore Key Bridge has resulted in a “‘severe’ rating for Atlantic Ocean Region.”

RA Young Professionals: Fast Tracking Your Career
  • News

‘Young Professionals’ Virtual Conference Set for May 9

Railway Age’s second-annual Young Professionals conference—the rail industry’s only free event tailored to helping “fast trackers” in the freight, passenger and supply sectors advance their careers—will be held virtually on May 9

Commentary

TD Cowen 1Q24 Rail Shipper Survey Says …

Our survey is comprehensive and covers a broad range of industrial and consumer industries, among others. Chemicals, Transportation, and Manufacturing comprised the largest percentages of participants. Shippers completing this survey had approximately

Commentary

TD Cowen 1Q24 Earnings Preview

We adjust our models as we head into Q124 earnings–a slow start to the year due to harsh weather was followed with a rebound and U.S. carloadings turning positive YTD, led by

(CN Photograph)

AAR: North American Rail Volume Up Through Week 14

Through the first 14 weeks of 2024 (ending April 6), total North American carload and intermodal traffic rose 2.2% from the same point last year, the Association of American Railroads (AAR) reported April 10. The U.S. and Mexico experienced gains, while Canada saw a decline.