
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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The increased volume reflects peak season volumes and larger vessels calling at the facility, according to port officials.
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Exports moving across Port of Virginia facilities in September helped drive a high amount of cargo through port terminals but officials concede truck wait times could be shorter.
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Trucking company Marten Transport Ltd. has reported net income of $7.7 million, or 23 cents per diluted share, for the third of the year, down slightly from $8 million, or 24 cents per diluted share, from the same time a year ago.
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J.B. Hunt Transport Services announced third quarter 2014 net earnings of $102.4 million, or diluted earnings per share of 87 cents compared to third quarter 2013 net earnings of $89.5 million, or 75 cents per diluted share.
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After a turbulent start to 2014, the nation’s retailers expect sales in November and December to increase a healthy 4.1% to $616.9 billion, higher than 2013’s actual 3.1% increase during that same time frame.
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A new chassis tracking system was introduced by Orbcomm, Rochelle Park, N.J., this week during the American Trucking Associations' annual conference in San Diego.
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The Seattle and Tacoma port commissions plan to unify the management of the two ports’ marine cargo terminals and related functions in order to strengthen the Puget Sound gateway and attract more marine cargo for the region.
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