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A measure of truckload rates moved higher in October from the same time last year, while intermodal rates continued moving lower, according to newly released figures.
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Despite month-to-month variations, third quarter intermodal freight traffic growth of 3.4% was in line with year-to-date results, according to new figures from the Intermodal Association of North America (IANA).
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This week, truck drivers went on strike at the Ports of Los Angeles and Long Beach over employee misclassification and wage theft.
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While a lot of rail freight is not growing, rail intermodal is growing according to an analyst at ACT Research.
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Norfolk Southern Corp is restructuring its Triple Crown Services subsidiary to focus on the transportation of automobile parts, the company has announced.
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Schneider is offering a new cross-border intermodal service for shippers in Canada and the Southeastern U.S.
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Two European startup companies have developed the Kinetic Energy Recovery System, a hybrid system for road freight vehicles that attaches to a trailer and provides a boost to the vehicle.
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As intermodal freight enters peak shipping season at the nation's ports, West Coast ports appear to be slowing the diversion of freight to East Coast ports. At the same time, East Coast ports are working to extend their inland reach, according to published reports.
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Mark Yeager resigned his position as president and chief operating officer of Hub Group effective August 8.
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The ports of Seattle and Tacoma voted Aug. 4 to formally launch the Northwest Seaport Alliance, which unifies the cargo operations of the two Northwest ports in a bid to attract more cargo to the region.
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