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The Association of American Railroads said Thursday for the week ending Nov. 29, U.S. railroad intermodal volume totaled 220,873 units, up 6.2% compared with the same week last year and the highest level on record.
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ASF Intermodal opened an intermodal drayage facility in Fort Worth, Texas. It's the firm's third such facility in the state, joining locations in Houston and Dallas.
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The third-party logistics provider C.H. Robinson Worldwide Inc. has reached an agreement to acquire Freightquote.com Inc. for $365 million in cash.
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The Journal of Commerce reports an agreement has been reached on a plan creating a “gray” chassis pool that would allow truckers to freely interchange chassis throughout the Port of New York and New Jersey as soon as early next year.
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Infinity Transportation this week said it is launching a new expedited refrigerated domestic intermodal container service operating from the Pacific Northwest to the Midwest and East Coast due to capacity constraints with refrigerated trucking service.
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Total intermodal freight volume rose 5.1% in the third quarter of the year compared to the same time in 2013, while domestic U.S. and international volumes individually reported gains in of 5.5% and 4.7%, respectively.
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According to the Association of American Railroads, it totaled 1,381,749 containers and trailers, up 4.9%, or 64,071 units, over October 2013.
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The week ending Oct. 25, rail intermodal traffic was up 6.7% compared with the same week last year -- higher growth than that of rail traffic overall.
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Called the Sunshine Gateway service, this ship to rail transfer allows the port to handle additional volumes and ensures that shipments move more quickly with the potential to reach 70% of the United States population in four days or less
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Canadian Pacific Railway Ltd. announced Monday that exploratory conversations held with CSX Corp. about a possible merger between the two railroads have ended. No further talks are planned.
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