Intermodal freight in the fourth quarter declined for the first time since 2009 on a year-over-year basis, industry experts said, hurt by factors such as low fuel prices that helped competing truckers, a weaker economy and elevated inventories.
January 11, 2016BusinessLogistics
Iowa Lands $25 Million Grant for Freight Hub
A grant worth more than $25 million has been awarded to construct a Cedar Rapids intermodal transportation facility officials say is to become a one-of-a-kind freight hub for the state.
July 8, 2016BusinessLogistics
Construction Starts on $13.5 Million Indiana Intermodal Facility
State and local officials joined executives from Transpoint Intermodal to break ground June 28 on a new $13.5 million, 64-job cargo transfer facility in Fort Wayne, Indiana.
June 29, 2016BusinessLogistics
TRAC Intermodal Reports 2015 Profit, Reverses Year-Earlier Loss
Chassis provider TRAC Intermodal reported 2015 net income of $26.7 million, reversing a year-earlier loss of $3 million as revenue improved 10%.
March 4, 2016BusinessLogistics
Boeing Patents Design for Intermodal Container Plane
Boeing has patented a design for an airplane that can pick up and carry containers in its belly, Popular Mechanics reported.
January 21, 2016BusinessLogistics
Florida East Coast Railway Intermodal Facility Boosts Cargo Volume at Port Everglades
Florida East Coast Railway's 43-acre intermodal facility in Broward County is bringing more cargo through South Florida.
January 7, 2016BusinessLogistics
Intermodal Rail Traffic Rises for First Time in Seven Weeks
Weekly U.S. intermodal rail traffic rose 0.8% from the same period last year, the first increase in seven weeks, the Association of American Railroads reported.
December 9, 2015BusinessLogistics
Intermodal Rail Traffic Declines in November
U.S. rail intermodal traffic declined 1% in November compared with the same month the prior year, the Association of American Railroads reported.
December 2, 2015BusinessLogistics
Weekly Intermodal Rail Traffic Drops 1.7%
Weekly U.S. intermodal rail traffic dropped 1.7% from the same period last year, the Association of American Railroads reported.
November 30, 2015BusinessLogistics
Intermodal Rail Volume Continues Slide with Fourth Consecutive Decline
Weekly U.S. intermodal rail traffic declined for the fourth consecutive week from the same period last year, according to the Association of American Railroads.
November 19, 2015