Strong 4Q Helps Norfolk Southern Finish Year With a Flourish
Norfolk Southern Corp. released on Jan. 24 results for the fourth quarter and full-year 2017, beating analyst expectations and growing its intermodal revenues by 14% in the quarter.
January 24, 2018CSX Pulls Support for Baltimore Tunnel Renovation
Federal and state lawmakers from Maryland expressed frustration at a decision from CSX Corp. to withdraw its support to fund the renovation of the Howard Street Tunnel near the Port of Baltimore, dealing another blow to the long-awaited project that would allow double-stack trains.
November 2, 2017Intermodal Resurgence Chugging Along in Third Quarter
The bounce back in the intermodal sector continues as volume jumped 6.3% in the third quarter — the highest growth rate in more than three years, according to the Intermodal Association of North America.
November 2, 2017AAPA’s New Chairman From Port Everglades Begins One-Year Term
Steve Cernak has officially begun his duties as the new chairman of the American Association of Port Authorities, replacing Mark McAndrews.
October 6, 2017West Memphis, Tenn., Beefing up Deepwater Port’s Rail Service
A $10.9 million upgrade of West Memphis port facilities is under way, increasing connectivity among river, road and rail traffic and offering potential for up to 3,000 new jobs.
October 6, 2017IANA Honors Former Norfolk Southern Executive with Silver Kingpin Award
LONG BEACH, Calif. — The Intermodal Association of North America bestowed Robert Huffman with the Silver Kingpin Award, honoring the retired Norfolk Southern intermodal executive whose career spanned 41 years.
September 27, 2017Gem Containers Receives Funding From Crestline
Crestline Investors Inc. will provide an unspecified amount of financing to Gem Containers Ltd. to expand its tank container leasing and management business.
September 25, 2017Intermodal Outlook Positive for 2018
LONG BEACH, Calif. — Intermodal transportation has rebounded this year after receding in 2016, and analysts forecast that next year also will be strong for the industry.
September 21, 2017Intermodal Could Gain From Trickle Down of ELD Mandate, Execs Say
LONG BEACH, Calif. — Truckload executives predict business conditions in 2018 will be robust due to the electronic logging device mandate and that intermodal could benefit from a trickle-down effect, they said during the annual Intermodal Association of North America’s Intermodal Expo here.
September 21, 2017Plans for Inland Port on Arkansas River Taking Shape
Elected officials received a status update on an inland port and intermodal project on the Arkansas River at the Port of Van Buren.
August 24, 2017