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IAMAW Local Lodge 104

IAMAW Local Lodge 104

Representing Machinist for the Huntington & Russell Locomotive Shops

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Tag: intermodal

The Rally Is The Real Deal

Posted onAugust 3, 2016August 3, 2016

CSX delivered a terrific second quarter; although revenue decreased 12% due to freight volumes dropping, CSX still managed to crush analyst expectations of $0.44 with a $0.47 EPS. This beat, can be attributed to management,s operational efficiency efforts and reducing costs where the company could. CSX Read More …

CategoriesCSXTagsCSX, intermodal, Railroads, theiamlocal104.com

Big trains, big ships

Posted onJuly 13, 2016July 13, 2016

On July 9, 2016, FECR celebrated with its partners the arrival of MOL Majesty, the first “neo-panamax” vessel to cross the expanded Panama Canal bound for PortMiami. The MOL Majesty is part of the G6 Alliance Transpacific PA2 service, originating in Asia.   FECR re-established Read More …

CategoriesRailroad FreightTagsintermodal, rail traffic, Railroads

Panama Canal is about to transform world trade again

Posted onJune 15, 2016June 15, 2016

A century after transforming global trade and markets, the Panama Canal is about to revamp world trade once again. On June 26 the canal is scheduled to reopen after a massive project costing more than $5 billion that will allow bigger ships to pass through Read More …

CategoriesRailroad FreightTagsCSX, intermodal, rail traffic

Rail Expansion Projects Spark Tensions

Posted onJune 14, 2016June 14, 2016

The fate of BNSF Railway Co.’s new terminal near the Port of Los Angeles is now in jeopardy even though it has been in development for 10 years at a cost of more than $50 million and would provide badly needed rail capacity. In March, Read More …

CategoriesCSXTagsCSX, intermodal, rail traffic, wall street journal

Rail freight traffic: Same stuff, different week

Posted onMay 26, 2016May 26, 2016

  North American rail freight traffic remains in the doldrums, the Association of American Railroads reported for the week ending May 21, 2016. Total U.S. weekly rail traffic was 506,983 carloads and intermodal units, down 8.5% compared with the same week last year. Total carloads Read More …

CategoriesRailroad FreightTagsintermodal, rail traffic

AAR: Freight traffic down nearly 12%

Posted onApril 28, 2016April 28, 2016

    Total carloads for the week ending April 23 were 230,599 carloads, down 17.1% compared with the same week in 2015, while U.S. weekly intermodal volume was 261,347 containers and trailers, down 6.3% compared to 2015. Three of the 10 carload commodity groups posted Read More …

Categoriescoal, CSXTagsCSX, intermodal, rail traffic

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