Intermodal

News from the intermodal freight transportation industry.

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CSX Corp. Announcement: First Quarter 2024 Results

AJOT | 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...

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AAR Reports rail traffic for the week ending April 13, 2024

AJOT | 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

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.

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CSX adds fourteen rail served properties across eight states to select site program

AJOT | 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...

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Florida’s high-speed rail kicks off $1.2 billion junk-debt sale

Bloomberg | 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

AJOT | April 12, 2024 | Intermodal | Rail

S&P Global: Slide deck outlines economic factors facing North American railroads in 2024

AJOT | April 12, 2024 | Energy | Intermodal

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KKR to tap Italy’s railway chief to run $20 billion telecom grid

Bloomberg | 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...

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Rail safety education first responder course receives national certification

AJOT | April 11, 2024 | Intermodal | Rail

OLI’s railroad investigation and safety course for law enforcement now POST-certified in 40 states including D.C.

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ITS Logistics April Port Rail Ramp Index

AJOT | 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

Norfolk Southern highlights the strength of its highly qualified and engaged board

AJOT | April 11, 2024 | Intermodal | Rail

Updated version released of “Prevention of Pest Contamination of Containers: Joint Industry Guidelines for the Cleaning of Containers”

AJOT | April 11, 2024 | Intermodal | Maritime | Liner Shipping

Schulte named President of Northern Lines Railway

AAR reports rail traffic for the week ending April 6, 2024

AJOT | April 10, 2024 | Intermodal | Rail

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February 2024 Freight Transportation Services Index (TSI) up 3.1% from the previous month and down 1.1% from the same month last year

AJOT | 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).

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Pratt introduces its super lightweight 412, the lightest standard intermodal chassis with the highest gross payload capacity

AJOT | 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.

Rail Vision wins US order advancing railway safety with AI technology

AJOT | April 09, 2024 | Intermodal | Rail | Shipping Technology

Port of New Orleans announces its new consolidated 10-year lease with The Kearney Companies, a subsidiary of Precision Terminal Logistics

AJOT | April 09, 2024 | Intermodal | Rail | Ports & Terminals

Norfolk Southern to pay $600 million to settle spill case

Bloomberg | April 09, 2024 | Intermodal | Rail