Intermodal
News from the intermodal freight transportation industry.
Fortress-backed Brightline asks investors to bet on Florida rail
| April 19, 2024 | Intermodal | Rail
Brightline, the first new US private passenger railroad in more than a century, is betting it can lure more Floridians out of their cars — but first, it is refinancing roughly $4 billion in debt.
Russia builds new Asia trade routes to weaken sanctions over war
| April 19, 2024 | Intermodal | Rail | Maritime
Russia is pressing ahead with construction of two new transport corridors linking Asia and Europe, seeking to weaken sanctions over its war in Ukraine at the same time as Middle East turmoil is disrupting global trade.
Remi G. Lalonde as Chief Commercial Officer at CN
| April 19, 2024 | Intermodal | Rail
Since he arrived at CN in January, Remi has been embedded within CN’s operations, gaining first-hand experience with scheduled railroading and executing CN’s ‘Make the Plan, Run the Plan, Sell the Plan’ model. Following his introduction to operations, Remi has been meeting customers and working closely with Doug and the team to ensure a seamless transition to the commercial side of the organization...
CSX Corp. Announcement: First Quarter 2024 Results
| April 17, 2024 | Intermodal | Rail
CSX Corp. (NASDAQ: CSX) today announced first quarter 2024 operating income of $1.35 billion compared to $1.46 billion in the prior year period. Net earnings were $893 million, or $0.46 per diluted share, compared to $987 million, or $0.48 per diluted share, in the same period last year...
AAR Reports rail traffic for the week ending April 13, 2024
| April 17, 2024 | Intermodal | Rail
For this week, total U.S. weekly rail traffic was 466,463 carloads and intermodal units, up 1.5 percent compared with the same week last year...
CSX unveils its first hydrogen-powered locomotive in collaboration with CPKC
| April 16, 2024 | Energy | Alternative | Intermodal | Rail
CSX has unveiled its first hydrogen-powered locomotive, marking a significant milestone in sustainable freight transportation. This pioneering achievement is the result of a successful partnership between CSX and Canadian Pacific Kansas City (CPKC) and demonstrates the company’s commitment to innovation and environmental stewardship.
CSX adds fourteen rail served properties across eight states to select site program
| April 15, 2024 | Intermodal | Rail
CSX worked with more than 40 communities over the past several months to gather information and identify top candidates for the Select Site program, which connects expanding companies with highly desirable rail-served properties...
Florida’s high-speed rail kicks off $1.2 billion junk-debt sale
| April 15, 2024 | Intermodal
Florida’s high-speed rail system, Brightline, is tapping the US high-yield market with a $1.25 billion offering on Monday.
Subcommittee hearing on commuter commuter rail industry challenges and solutions
| April 12, 2024 | Intermodal | Rail
S&P Global: Slide deck outlines economic factors facing North American railroads in 2024
| April 12, 2024 | Energy | Intermodal
KKR to tap Italy’s railway chief to run $20 billion telecom grid
| April 12, 2024 | Intermodal | Rail
KKR & Co. is set to tap an Italian industry veteran to run the telecom network business which is buying from Telecom Italia SpA, according to people familiar with the matter said...
Rail safety education first responder course receives national certification
| April 11, 2024 | Intermodal | Rail
OLI’s railroad investigation and safety course for law enforcement now POST-certified in 40 states including D.C.
ITS Logistics April Port Rail Ramp Index
| April 11, 2024 | Intermodal | Rail | Ports & Terminals
Collapse of Baltimore key bridge results in severe rating for Atlantic Ocean region due to lack of freight visibility
3G expands transportation suite with cutting-edge drayage capabilities
| April 11, 2024 | Intermodal | Ports & Terminals | Equipment and Tech | Shipping Technology | Trucking
Norfolk Southern highlights the strength of its highly qualified and engaged board
| April 11, 2024 | Intermodal | Rail
Updated version released of “Prevention of Pest Contamination of Containers: Joint Industry Guidelines for the Cleaning of Containers”
| April 11, 2024 | Intermodal | Maritime | Liner Shipping
Schulte named President of Northern Lines Railway
| April 10, 2024 | Intermodal | Rail | People | Appointments
AAR reports rail traffic for the week ending April 6, 2024
| April 10, 2024 | Intermodal | Rail
February 2024 Freight Transportation Services Index (TSI) up 3.1% from the previous month and down 1.1% from the same month last year
| April 10, 2024 | Intermodal | Trucking
The Freight Transportation Services Index (TSI), which is based on the amount of freight carried by the for-hire transportation industry, rose 3.1% in February from January, rising for the first month after a one month decline, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics’ (BTS).
Pratt introduces its super lightweight 412, the lightest standard intermodal chassis with the highest gross payload capacity
| April 09, 2024 | Intermodal | Ports & Terminals | Equipment and Tech
Pratt’s Super Lightweight 412 boasts a gross payload carrying capacity of 66,000 pounds, but weighs a mere 4,550 pounds unladen.
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