Union Pacific’s 4Q Profit Jumps 41%
Union Pacific Corp.’s fourth-quarter profit 41% on higher volume, the railroad said Thursday.
January 20, 2011Daily Briefings from Transport Topics
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2010 Rail Freight Volumes Grow at Fastest Pace in 50 Years
North American rail freight volumes, led by intermodal, climbed out of the recession at a brisk pace in 2010, posting an 11% year-over-year growth rate that was the fastest pace in at least 50 years.
January 17, 2011Intermodal Traffic Rises 8.6% for Week
Intermodal traffic rose 8.6% in the week ended Saturday compared with the first week of 2010, the Association of American Railroads reported.
January 14, 2011Odyssey Logistics & Technology Acquires Optimodal Inc. to Add Intermodal Option
Third-party logistics provider Odyssey Logistics & Technology Corp. said Jan. 11 it has acquired Optimodal Inc. to expand intermodal service options in North America for containerized chemicals shipments.
January 13, 2011LTL Southeastern Freight Lines Opens Logistics Solutions Division
Less-than-truckload carrier Southeastern Freight Lines, Lexington, S.C., opened a new logistics division Jan. 4 to provide shippers with services in dry van, refrigerated and flatbed truckload, expedited delivery, intermodal drayage, brokerage, air freight and distribution.
January 10, 2011Intermodal Traffic Rises for Week, Year
Intermodal traffic rose 11.9% for the last week of 2010 compared with the same week a year earlier, the Association of American Railroads said.
January 7, 2011IANA Elects New Chairman, Board
Steven Rubin, president of TRAC Intermodal, has been elected chairman of the board of directors of the Intermodal Association of North America.
January 6, 2011Trailer Orders Soar in November to Two-Year High, ACT Reports
Fueled by growth in dry vans, net trailer orders in the United States reached a two-year high in November of 21,314 units, ACT Research reported.
January 3, 2011Intermodal Traffic Jumps for Holiday Week
Intermodal traffic jumped 25.1% last week compared with the same week a year ago, the Association of American Railroads said Thursday.
December 30, 2010Intermodal Freight Volume Moved Back to Pre-Recession Levels in 2010
Intermodal freight volume climbed back late in 2010 to pre-recession levels, driven by cost considerations of both shippers who moved more international import goods and truckers who shifted more freight onto the rails.
December 30, 2010