b'AUGUST 21 - SEPTEMBER 24, 2023INTERMODAL 19(BITEcontinued fromingdiscountsinhistorically(GREENERcontinueduseoftheheatandkineticandmanyofthoseinthe page 4) volume deficit markets, saidfrom page 12) energy generated from brak- industry maintain a wait-and-AssociationofNorth Amer- thereport.Makingcom- closedloopoperations,ingonthedownhill.Weseeattitude.Everyoneis ica. This is creating a com- mitmentsnowinmarketsspecificallyminingcompa- reuse that energy, said Men- really excited about this tech-petitiveenvironmentwherelikesouthernCaliforniaandnies that move ore from pointdonca. Depending on the ter- nology,saidanofficialat truckersarechasingtrafficoutbound Mexico will resultA to point B. Mendonca citedrain, you can maximize thethe Association of American thatwouldotherwisemovein lower rates and favorabledealstoprovideFLXdriveuse of these batteries throughRailroads(AAR).Billions on the intermodal network. capacityallocationagree- engines to Australian miningrecharging the kinetic energy.ofdollarsbeinginvestedin ments before the market shiftsgiantsRioTintoandBHPSo basically, its almost as ifexploring it. But its, its not c ompEtitivEf rEigHt back to historic norms. as very good candidates foryoure charging as you go. ready for prime time yet.E NviroNmENt AccordingtotheIANAfull battery-operated trains. This means optimum effi- Peeringintothefuture, ThatswhyJoniCasey,report,theprevailingcondi- Eveninitshybridcon- ciencies come from a downhillwhatdoesMendoncaenvi-IANAs CEO, cited the com- tionsnamely, the lack of anyfiguration,thesebattery- run.Thatmeans,ofcourse,sion? The battery will remain petitivefreightenvironmentmeaningful stress in the truckpoweredenginesrepresentthattheresacorrespondingthe core of the new technolo-as one reason for intermodalsfreightmarketisdeprivingasignificantstepintack- uphill stretch as well, in whichgies,evenifitsaddedto lackluster performance duringthe intermodal sector of com- lingrailsalmostcompletethebatteryelectricenginesome other things that were the first half of 2023its thepetitive advantage. One poten- dependenceondieselwhenisnt producing power.exploring in early days, like bitetakenoutofintermodaltial bright spot for intermodalitcomestomovingfreight.Weightisanissueashydrogen, fuel cells and other volumes by trucks.is that diesel prices, which fellTestsin2021registeredanwell.Becausewetrytosources of fuel.Thereare,however,indi- by over 25% over the last year,11% reduction in greenhousemaximizetheamountofWhilebattery-powered cations, or at least hopes, thatare beginning to recover. Withgasemissions,althoughthebatteriesinthelocomotive,locomotivesholdpromise the current cycle has hit bottomspot rates still weak, said thecompany has said in presen- werelimitednotonlybyfor a greener future, theyre andthattruckingratesandIANA report, a reversal in fueltations that there can be up tospace,butalsotheweightlikely to be a small fraction costsmayallowintermodalcosts declinesor at least a halta 30% reduction. peraxlethattheselocomo- ofmanufacturingoutputfor torecoversomecompetitive- incarriersfuelcostrelief Wabtecproducesbat- tivescanaccommodate,sometimetocome.While ness going forward. On the ratecould push more small carrierstery electric engines that nowMendonca explained. But heWabtec doesnt provide data front,spotrailpricingtendsoutofthemarket.However,range in capacity from yard- added that Wabtecs currenton how big its market share to lag truck pricing by four tothat loss of capacity will mattershunting locomotives, which8mWhbatterylocomotiveis,oneinvestorpresentation six weeks, according to a C.H.onlyiffreightvolumegrowsrun about 2.5 megawatt-hours,weighs the same as a similar- showedthecompanybuilds Robinson report. The pace ofsignificantly. to long-haul, which are 7 tosized diesel engine. about300newdieselloco-decline appears to be slowing,C.H.Robinsonadvises8 mWh.Softwareadvanceshelpmotives annually in the North as the market may have reachedthatshippersshouldstartBy itself, even when fullyas well. Software optimizesAmerican market.a bottom on this cycle. considering intermodal againcharged,thisbattery-powereverything from how energyWabtec is short for West-C.H.Robinsonprojectsasacompetingservicetotranslatestoahighlylim- is used to when the battery isinghouse Air Brake Technol-a slight recovery in truckloadtruckload. Now is the timeitedrange.Bycomparison,charged. ogies Corp. In 2019, Wabtec rates during the peak season,to update expected rail transita diesel locomotive carries aThesearestillveryearlymerged with a spinoff of GE whilecontractedratesaretimes,itsreportsaid.The5,000 gallon tank that equatesdays, considering the first sub- calledGETransportation.It expectedtofinish2023attransit times have normalizedto 200mWh. stantial testscameonlytwowasGEthatactuallyspear-an average of a 2.8% declineaboveaverages.ThismayInstead, the hybrid engineyears ago. Questions remainheadedthedevelopmentof yearoveryear.Meanwhile,make rail better positioned tois designed to be recharged ononeverythingfrombatterythe battery engine more than the railroads are still offer- support supply chain needs. the run, through an ingenioussafety to charging regimentsa decade ago.Reliable Shipping.Sustainable Solutions.CSX delivers freight transportation solutions that make your supply chain more efficient with value-added services including warehousing, intermodal, transloading and end-to-end logistics. We bring safe, reliable and sustainableservice with modern approaches to meeteach customers business needs. When you need a transportation service that you can count on, count on CSX.CSXT-001890_AJOT_Aug-IntermodalJuniorSpread_22x8.5_rsg.indd 1 8/11/23 12:42 PM'