Intermodal

News from the intermodal freight transportation industry.

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Canadian heavy crude weakens as rail strike halts shipments

Bloomberg | November 19, 2019 | Energy | Intermodal | Rail

The price of Canadian heavy crude weakened Tuesday as a worker strike at the nation’s largest railway curbed oil shipments, exacerbating a supply glut that’s crippled Canada’s oil industry.

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Freight volumes build ahead of Thanksgiving

AJOT | November 19, 2019 | Intermodal | Trucking | By The Numbers

Van and reefer load-to-truck ratios got a big boost last week, rising more than 20%. Vans are moving retail products in preparation for Black Friday and reefers are hauling fresh food ahead of Thanksgiving. Rates, however, have remained fairly stable. Van and reefer rates saw a slight increase, while flatbed rates declined. For more info, read the Rate Trend of the Week. The charts below show the national average rates for the month to date, including fuel surcharges.

TIP Trailer Services receives No-Action Letter from Competition Bureau Canada

AJOT | November 19, 2019 | Intermodal | Trucking

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CN announces departure of Michael Foster as Executive VP and CIO

AJOT | November 19, 2019 | Intermodal | Rail

Rob Reilly, CN’s executive vice-president and chief operating officer to assume interim responsibility for Information and Technology function

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Comcar Industries appoints new President & CEO

Comcar Industries, the parent company for four divisions offering national truck transportation services, has announced that it has appointed Randall T. Clark as its new president and chief executive officer, effective December 1, 2019.

CN Rail strike begins, threatening canada oil, grain shipments

Intermodal

Bloomberg | Top Story | November 19, 2019

CN Rail strike begins, threatening canada oil, grain shipments

About 3,200 workers at Canadian National Railway Co. went on strike at midnight Tuesday, threatening to crimp shipments of oil, potash and grain across the country.

Canadian National Railway Faces Strike as Deadline Passes

Bloomberg | November 19, 2019 | Intermodal | Rail

Canadian National Railway Co. faces disruption as more than 3,000 workers at the country’s largest railroad are set to strike after a midnight deadline passed without a settlement being reached.

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CN Rail threatened by disruption with Teamsters poised to strike

Bloomberg | November 18, 2019 | Intermodal | Rail

Canadian National Railway Co. faces disruption as more than 3,000 workers at the country’s largest railroad threaten to strike just after midnight over safety issues and health benefits.

Uganda resubmits China loan request for $2.3 billion railway

Bloomberg | November 15, 2019 | Intermodal | Rail

Market Share vs. Operating Ratio Is Focus at Midwest Association of Rail Shippers Winter Meeting

AJOT | November 14, 2019 | Intermodal | Rail

Cass truckload linehaul rates down -2.5% YoY

AJOT | November 14, 2019 | Intermodal | Trucking

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September 2019 Freight Transportation Services Index (TSI)

AJOT | November 14, 2019 | Intermodal | Trucking

The Freight Transportation Services Index (TSI), which is based on the amount of freight carried by the for-hire transportation industry, fell 2.5% in September after reaching after reaching a new all-time high in August, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics’ (BTS). From September 2018 to September 2019, the index fell 0.1% compared to a rise of 7.2% from September 2017 to September 2018 (Tables 1, 2, and 2A).