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 Long Beach (POLB) has awarded “technology ecosystem for smart mobility infrastructure” Iteris, Inc. a $900,000 contract for an 18-month multimodal transportation study.
The Alaska Railroad (ARRC) on April 15 announced that it is seeking to replace the passenger dock and terminal building in Seward, Alaska, with the purchase of a $137 million project proposed by local developer The Seward Company.
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.”
New York’s Port of Albany has received a $9.907 million grant to upgrade its on-dock rail and wharf deck infrastructure to handle heavy cargo. The funding is part of the New York
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
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
North American Rail Solutions acquires Condor Signals and Communications (Condor) of Ontario, Canada. Also, Cummings, Ga.-based Railroad Software, Inc., is backed by Arcadea Group, a global software investor.
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
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.