Through the first six months of 2019, U.S. rail carloads––at 6,552,218––were down 2.9%, or 195,168 carloads, compared to the first six months of 2018, and intermodal units for the same period––at 6,924,261––fell 3.2%, or 229,247 units. Source: logistics Mgmt
Rep. Alan Lowenthal (D-CA) introduced legislation with an eye on creating a dedicated revenue source that will direct more than $100 billion over a ten-year period to rebuild crumbling United States infrastructure and to also bolster the national economy from a competitive perspective. Entitled “The National Multimodal and Sustainable Freight Infrastructure Act,” Lowenthal’s office said that this bill serves as a continuation of the success of the FAST (Fixing America’s Surface Transportation) Act in ensuring what it called continued investment...
Rail carloads, at 262,011, were down 0.9%, and intermodal containers and trailers, at 264,130, fell 3.9% annually. Source: logistics Mgmt
Earlier this week, the United States Senate voted to confirm two new Commissioners to the Surface Transportation Board (STB), an independent adjudicatory and economic-regulatory agency charged by Congress with resolving railroad rate and service disputes and reviewing proposed railroad mergers. Source: logistics Mgmt
Total November volume, at 1,574,805 units, was up 3.6% annually. International, or ISO, containers saw the highest rate of growth, rising 4.8% to 780,420. Source: logistics Mgmt
Rail carloads, at 267,000, headed up 0.3% annually, and intermodal containers and trailers, at 303,225, saw a 5.7% annual gain. Source: logistics Mgmt
Alireza Tangsiri, head of the Iranian Revolutionary Guards...