Rail: Page 10
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Maersk and Canadian Pacific to build transload, distribution center to take reliance off trucks
The partnership reduces intermodal handoffs, furthering Maersk's long-term strategy to become an integrated logistics company with end-to-end services.
By S.L. Fuller • Sept. 16, 2020 -
Hurricane Sally douses east-west throughways as it makes landfall in Alabama
Because Sally is slow-moving, the taper after landfall could last several days, and the bounce back may be delayed by recent storms Laura and Marco.
By Emma Cosgrove • Updated Sept. 16, 2020 -
Trendline
Top 5 stories from Supply Chain Dive
Here’s how companies are navigating rising costs, network changes and logistics disruptions across global supply chain networks.
By Supply Chain Dive staff -
Intermodal leads rail volume recovery as retailers restock
Despite what may turn out to be a dramatic recovery for certain segments of the railroads' businesses, pricing is unlikely to shift until 2021, one CSX executive said.
By Emma Cosgrove • Sept. 9, 2020 -
Spot rates jump, ports remain closed as Laura heads north
Experts anticipate disruptions could last for days, due to high-speed winds and flooding in agricultural and energy supply chain hubs.
By Emma Cosgrove • Updated Aug. 27, 2020 -
Regulators warn Class I railroads on service issues, 'excessively late' trains
The railroads have renewed their commitment to precision scheduled railroading principles as volumes remain low compared to 2019.
By Morgan Forde • Aug. 26, 2020 -
Hurricane Laura expected to disrupt Gulf Coast supply chains beginning Wednesday
The Port of Houston, which handles 70% of the container cargo making land in the Gulf of Mexico, will close Wednesday and possibly Thursday.
By Emma Cosgrove • Aug. 25, 2020 -
Deep Dive
Peak season in a pandemic: What happens to freight rates and capacity?
Metrics and economic factors can help shippers gauge capacity and rates for air, ocean, trucking and rail heading into freight's busy season.
By Matt Leonard • Aug. 20, 2020 -
Railroads voice wary optimism for peak as freight volumes make slow progress in July
Intermodal traffic is close to pre-pandemic levels, down 1% compared to July 2019. CSX attributed growing intermodal volumes to retailers replenishing inventories.
By Matt Leonard • Aug. 11, 2020 -
Norfolk Southern nabs former CSX, Union Pacific exec as railroad pushes forward on PSR
The railroad has consistently reported gains in train speed and reductions in dwell time, but operating ratio jumped above 70% in Q2.
By Emma Cosgrove • July 29, 2020 -
Residual effects of Hurricane Hanna to slow cross-border freight for days
Any closure of the major roads between Saltillo and Monterrey in Mexico can result in concentrated traffic and delays at the World Trade Bridge in Laredo, Texas.
By Emma Cosgrove • July 28, 2020 -
Union Pacific improves service metrics despite 20% volume drop
The railroad is now building up capacity for the volume growth it expects through the balance of the year, but executives emphasized it will not return to pre-pandemic workforce or equipment levels.
By Emma Cosgrove • July 24, 2020 -
CSX loses ground on service metrics due to volume volatility
A principal concern for the railroad was recalling workers who may have already found interim work elsewhere, delaying their return.
By Emma Cosgrove • July 23, 2020 -
Kansas City Southern's dwell time up 3% as volume returns amid cost cutting
The volume surge midway through the quarter caused the railroad to lose some progress on dwell, velocity and operations ratio compared with the same period last year.
By Emma Cosgrove • July 20, 2020 -
Rail volumes make 'slow recovery' but KCS keeps capacity tight
KCS's intermodal volume began improving as automotive plants reopened and parts were exported to Mexico. But lackluster consumer demand is still a drag on overall levels.
By Matt Leonard • July 7, 2020 -
CSX lays off 86 including management
The railroad did not specifically reference the coronavirus in its explanation for the staff cuts, but CEO Jim Foote has forecasted that the cost cuts driven by the pandemic may be maintained even when volumes recover.
By Emma Cosgrove • June 23, 2020 -
Automotive rail volume remains below pre-pandemic levels as factories reopen
Motor vehicles and parts volume was down 75% year over year in May, according to the latest numbers from the Association of American Railroads.
By Matt Leonard • June 17, 2020 -
Kansas City Southern attempts to get pandemic cuts to 'stick'
From executives to engineers, the coronavirus has taught Kansas City Southern that it can move freight with fewer people.
By Emma Cosgrove • June 3, 2020 -
Rail companies cut capacity as volume slides 20%
Rail volume is expected to increase in the coming weeks as auto plants reopen across the country.
By Matt Leonard • May 27, 2020 -
Union Pacific cites pandemic, trucking market for end of cold chain service
Executives called refrigerated transportation "a long term growth opportunity" earlier this year, but say the COVID-19 pandemic meant the business could no longer sustain itself.
By Matt Leonard • May 12, 2020 -
Rail carriers cut capacity as intermodal volume drops 17% in April, the largest fall since 2009
CSX, Kansas City Southern, Norfolk Southern and Union Pacific all mentioned reducing train starts as a result of falling demand during April earnings calls.
By Matt Leonard • May 7, 2020 -
As volumes drop, Norfolk Southern expects Q2 to be the roughest yet
The cost cuts needed to weather the financial hit from coronavirus will come from accelerating PSR efforts and selling, storing or scrapping equipment.
By Emma Cosgrove • April 30, 2020 -
Union Pacific expects 25% volume dip in Q2
CEO Lance Fritz said he expects the economic impact of the coronavirus to be "sharp and deep," without a steep recovery.
By Emma Cosgrove • April 23, 2020 -
CSX: Near-term cost cutting may last beyond COVID-19
Foote said CSX is working to maintain what it sees as a high level of service despite down volumes. Still, some rail shippers are going to notice the latest cuts.
By Emma Cosgrove • April 23, 2020 -
Deep Dive
6 charts show how PSR changed rail
Early adopters of precision-scheduled railroading saw increased speed and lower dwell times in 2019. Do the changes benefit shippers?
By Matt Leonard • April 22, 2020 -
Kansas City Southern doubles down on PSR to deal with coronavirus 'curveball'
An even more aggressive focus on efficiency will get Kansas City Southern through the COVID-19 crisis, which hit the automotive industry — a particularly important customer segment — hard and early, executives said.
By Emma Cosgrove • April 20, 2020