Intermodal volumes trend down again in the third quarter, reports IANA

In its quarterly “Market Trends” report, IANA reported that total third quarter volume––at 4,662,488––was off 3.7% annually, marking the fourth consecutive quarter of annual declines after a lengthy stretch of gains going back to the third quarter of 2016. The first quarter of 2019 was down 1.5% annually, following 4.7% and 4.2% annual gains from the third and fourth quarters of 2018, respectively. And second quarter volumes were off 3.8% annually. Source: logistics Mgmt

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Intermodal volumes see September declines, according to IANA and AAR data

IANA reported that total September volumes, at 1,489,303, fell 3.7% annually. The AAR reported that September U.S. intermodal container and trailer volumes, at 1.06 million, were off 5.9%, or 65,989 containers and trailers, annually. And it also pointed out that weekly average intermodal originations in September, at 265,371, represent the lowest September tally going back to 2016. Source: logistics Mgmt

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CN announces plan to acquire New York-based Massena Rail Line from CSX

CN said that the Massena rail line is comprised of more than 220 miles of track between Valleyfield (Quebec) and Woodard (New York), adding that the line serves other cities in Quebec, including Beauharnois and Huntingdon, in addition to New York-based Massena, Norwood, Potsdam, and Gouverneur. Source: logistics Mgmt

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