Intermodal

Carload volume—at 14,608,403 million—was down 0.5 percent compared to 2012, and intermodal volumes reached an all-time high at 12,831,692 trailers and containers, which topped 2012’s 12,282,221 by 4.6 percent annually.

UP said this service will focus on growing transportation needs for the automotive manufacturing and intermodal markets, as the automotive industry continues to rebound and shift production to North America.

Company officials said that this investment will help Schneider to deliver what it called “truck-like” intermodal service and also provide consistent access to lightweight, quality chassis when and where shippers need them, which it said has been an ongoing issued in the intermodal sector.

XPO Logistics said today it has entered into a definitive agreement to acquire Dublin, Ohio-based Pacer International, a freight transportation and logistics services provider and the third largest provider of intermodal services in North America.

Carloads—at 230,293—were up 8.1 percent annually, and intermodal—at 172,396 trailers and containers—was up 10.6 percent.

With the exception of parcel, freight transportation rates will only make incremental gains in 2014. However, our top market analysts tell us that controlling total landed costs by using a variety of modes is now imperative.

Carloads—at 279,213—were off 4.4 percent annually, and intermodal—at 262,765 trailers and containers—was up 9.4 percent.

Carloads—at 1,145,353—were up 1.3 percent, and intermodal—at 1,007,549 trailers and containers—was up 7.8 percent.

A student team fielded by the University of North Texas (UNT) won the Intermodal Association of North America’s (IANA) third annual Intermodal Challenge, earning national recognition for their university through IANA’s growing young professionals development program.

Carload volume—at 297,581—was up 4.9 percent annually, and intermodal—at 265,259 trailers and containers—was up 6.3 percent.

October carloads—at 1,443,609—were up 1.5 percent—or 21,059 carloads— annually, and intermodal volumes were impressive, rising 6.8 percent (or 84,120 units) to 1,317,601 containers and trailers.

Total intermodal container and trailer movements in the third quarter were up a cumulative 4.7 percent at 4,010,582. As has been the case for several quarters running, domestic containers showed the highest growth rate, increasing 9.4 percent annually to 1,557,084. This was ahead of the second quarter’s 9.0 percent annual increase and shy of the first quarter’s 10.2 percent gain.

Carload volume—at 289.256—was up 0.2 percent, and intermodal—at 264,687 trailers and containers— was up 4.3 percent.

Class I railroad carrier CSX yesterday reported third quarter net earnings of $463 million and $0.46 per share, which was up 1.7 percent annually and beat Wall Street estimates of $0.43 per share.

September truckload rates were up 1.7 percent compared to September 2012 and up 2.7 percent compared to August, and intermodal rates were down 0.5 percent annually in September and fell 1.2 percent from August.