intermodal markets

Intermodal markets: Under pressure

U.S. Class I railroads have largely arrested declines in average intermodal train velocity and lengthening terminal dwell times, but they’re doing so by punishing shippers for tendering surge and spot volumes.    Union Pacific has imposed surcharges of $5,000 on spot intermodal containers outbound from California because previous rate hikes

By |September 2nd, 2020|Intermodal, News, Rail|

Intermodal Markets: Operating leverage first

Consider the fact that across Union Pacific, BNSF, CSX and Norfolk Southern, headcount was down 16.6% year-over-year in July (less negative than June’s -17.9%), yet last week intermodal volumes were up 1.9% year-over-year for the second week in a row.   In particular, the best intermodal volume growth has been

By |August 19th, 2020|Intermodal, Rail|