Port of Los Angeles

(ARH Photograph)

ARH Explores Rail Shuttle-Inland Port Concept

Chicago-based Anacostia Rail Holdings (ARH) on Jan. 31 released two new reports examining the feasibility and benefits of rail service operating to an inland port for intermodal containers destined within 150 miles

“The good news is that global trade is now edging up and we are looking forward to a return to more normal cargo volume levels in the year ahead,” Port of Los Angeles Executive Director Gene Seroka said during his Jan. 10 “State of the Port” address.

Intermodal Briefs: Port of LA, Trigon

Port of Los Angeles Executive Director Gene Seroka outlines plans for 2024 in his “State of the Port” address. Also, Trigon Pacific Terminals Ltd. (Trigon) initiates the regulatory review process for its planned Canadian LPG export project.

Chris Brown, Chief Harbor Engineer, Port of Los Angeles, Calif.
  • News

People News: STB, Port of LA

Surface Transportation Board (STB) General Counsel Craig M. Keats retires after 51 years of public service. Also, the Port of Los Angeles, Calif., elevates Chris Brown to Chief Harbor Engineer, overseeing the Engineering Division.

“While rail bridge closures at Eagle Pass and El Paso affect approximately 45% of UP’s cross-border business, we expect the impact on overall volumes to be minimal due to quick resolution of activity,” TD Cowen analysts report. (Union Pacific Photograph)

TD Cowen’s 2024 Rail Preview

We modestly lower our fourth-quarter 2023 estimates on mix pressures that are likely to be somewhat mitigated by fuel tailwinds. Intermodal recovery comes at the price of yield given the protracted over-the-road (OTR) rate trough. A revenue per carload rebound is likely a late-2024 story, at best. First-quarter 2024 should see typical seasonal softening, which is well understood as the focus shifts to recovery. We favor Union Pacific (UP) and Norfolk Southern (NS) in 2024 on margin recovery prospects.

Screenshot Courtesy of SC Ports, via YouTube

Intermodal Briefs: SC Ports, Port of Los Angeles

Construction is under way at South Carolina Port Authority’s (SC Ports) Navy Base Intermodal Facility. Also, the Port of Los Angeles’ Alameda Corridor Terminus Gap Closure project is recognized as a top regional transportation improvement project by the American Public Works Association Southern California Chapter.