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Keyword: freight

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  • Rail Traffic Depression: 292 Union Pacific Engines Are Sitting In The Arizona Desert Doing Nothing

    05/08/2016 5:35:57 PM PDT · by SeekAndFind · 66 replies
    TEC ^ | 05/08/2016 | Michael Snyder
    We continue to get more evidence that the U.S. economy has entered a major downturn. Just last week, I wrote about how U.S. GDP growth numbers have been declining for three quarters in a row, and previously I wrote about how corporate defaults have surged to their highest level since the last financial crisis. Well, now we are getting some very depressing numbers from the rail industry. As you will see below, U.S. rail traffic was down more than 11 percent from a year ago in April. That is an absolutely catastrophic number, and the U.S. rail industry is feeling...
  • Class 8 Truck Orders Plunge 39%; Large Truck Sales vs. Recessions

    05/08/2016 6:33:17 PM PDT · by fella · 47 replies
    fxstreet ^ | 6 May 2016 | Mike Misch Shedlock
    First, letís take a look at the reports, then we will take a look at what this may mean for the economy. Class 8 Truck Orders Plunge 39% The Wall Street Journal reports Truck Orders Fall in April. Last month, trucking fleets ordered just 13,500 Class 8 trucks, the big rigs used on long-haul routes, down 16% from March and 39% from a year earlier. It was the fewest net orders in any April since 2009, FTR said. DAT Solutions, an Oregon-based transportation data firm, reported that loads available for dry vans, the most common type of tractor-trailers used for...
  • Freight Rail Traffic Plunges: Haunting Pictures of Transportation Recession

    05/06/2016 12:39:42 PM PDT · by Sgt_Schultze · 40 replies
    Wolf Street ^ | Wolf Richter | 4 May 2016
    292 Union Pacific engines idled in Arizona Desert Total US rail traffic in April plunged 11.8% from a year ago, the Association of American Railroads reported today. Carloads of bulk commodities such as coal, oil, grains, and chemicals plummeted 16.1% to 944,339 units. - snip - Only five of the 20 commodity categories saw gains. Of the decliners, coal was the biggest. But petroleum products also plunged 25%, and grain mill products dropped 7%. Even without coal, carloads were down 3% year-over-year.
  • McCain: Senate transportation bill would provide long-term certainty

    08/05/2015 10:10:02 AM PDT · by Tolerance Sucks Rocks · 12 replies
    The Arizona Capitol Times ^ | August 3, 2015 | John McCain
    Few things are as essential to economic growth and development as our nationís roads. In a state as expansive as Arizona, riders understand the importance of having sound infrastructure, especially when it fails, as it did with the recent bridge collapse on I-10 in California not far from the Arizona border that continues to impact travelers across our state and region. Throughout history, providing for our nationís infrastructure has been a central priority for both political parties. And, since President Dwight Eisenhower created the Interstate Highway System in 1956, our roads and bridges have served as the backbone to our...
  • How Will 3D Printing Affect Trucking?

    03/19/2015 12:35:02 AM PDT · by 2ndDivisionVet · 15 replies
    HDT's TruckingInfo ^ | March 18, 2015 | Deborah Lockridge, Editor in Chief
    Business is booming, fuel prices are down. So itís time to start thinking about the next threat to the industry: 3D printing. Advocates of 3D printing have said it can transform manufacturing. This week, a new startup company announced a new 3D printing technique it says may actually deliver on that promise. In traditional 3D printing, the machine "prints" layers of material to create a 3D object. This takes time and leaves ripples showing where those layers were laid down. But what if you could "grow" an object out of a pool of liquid, much like the T-1000 rising from...
  • Freight rail linking China and Germany officially begins operations

    07/06/2011 12:22:19 AM PDT · by AfricanChristian · 21 replies
    This is really interesting........ he freight rail across Eurasia officially launched on Thursday night, with a cargo train leaving on its journey from Chongqing to Duisburg, Germany, filled with laptops and LCD screens scheduled to arrive in Europe two weeks after leaving China. The 11,179 kilometers long track will be running through the far western Xinjiang Uygur autonomous region, Kazakhstan, Russia, Belarus, and Poland, before finally reaching Germany. China Daily reports that the rail link to Europe will cut transportation time dramatically, compared to the sea trade route: The route offers a major shortcut to the more traditional sea trade...
  • China to get new skyscraper every five days for three years

    06/08/2011 2:54:50 AM PDT · by Cincinatus' Wife · 19 replies
    Telegraph UK ^ | June 8, 2011 | Peter Foster in Beijing
    China will "top out" a new skyscraper every five days for the next three years as it continues to embark on the biggest building boom in history, according to newly published research. The 2011 China Skyscraper City List shows the speed with which China is redrawing the skylines of its major cities as it builds houses and offices for the millions of people migrating from a rural to urban lifestyle over the coming decades. Compiled by "Motian City", a Chinese website for skyscraper enthusiasts, the list finds that China and Taiwan currently boast five of the world top 10 tallest...
  • Builders are working on the railroad

    07/25/2010 11:06:27 AM PDT · by Willie Green · 8 replies
    The Columbian ^ | Saturday, July 24, 2010 | Erik Robinson
    Land is being cleared, leveled for new bypass track in Vancouver Excavators are eating into a slope above BNSF Railwayís main line in the Fruit Valley neighborhood. The work is to prepare the site for a 3.2-mile-long set of bypass tracks designed to help ease a railroad chokepoint in Vancouver. The new line will run along the east side of the BNSF main line from downtown Vancouver all the way to the Fruit Valley Road overpass. Contractors demolished two old houses on the west-facing slope last week. BNSF is contracting to do the earthwork north of the 39th Street overpass,...
  • Freight And Truck Traffic Point To Recovery

    06/10/2010 6:46:02 AM PDT · by blam · 13 replies · 43+ views
    Seeking Alpha ^ | 6-10-2010 | Edward Harrison
    Freight And Truck Traffic Point To Recovery by: Edward Harrison June 10, 2010 One common metric used by analysts to gauge how the economy is doing comes from freight or rail tonnage. If the economy is doing well, then more goods will be shipped via trucks and trains. This is exactly what is happening. Andy Lees showed this via a few Bloomberg charts in a note earlier today. Of note: The seasonally adjusted truck tonnage index is at its highest level since September 2008. US railcar container index which is just 4% off its all time high. The ConTex container...
  • Shippers Are Blowing Off European Problems And Rushing Vessels Back Into Action

    05/25/2010 10:45:46 AM PDT · by blam · 2 replies · 344+ views
    The Business Insider ^ | 5-25-2010 | Vincent Fernando, CFA
    Shippers Are Blowing Off European Problems And Rushing Vessels Back Into Action Vincent Fernando, CFA May 25, 2010, 1:20 PM Despite the concerns about Europe, global trade continues to show signs of a continued rebound. For example, average freight rates and volume reported by the container shipping company NOL (a leading player) have both continued to rise thanks to strength between North America and Asia. Moreover, ship owners are bringing vessels back into action based on demand growth expectations. Fearnly Fonds: The idle container fleet fell to 4.1% or 549,000 TEUs (263 ships) from 5.3% or 306 ships two weeks...
  • Freight rail investment could free passenger congestion

    03/04/2010 5:41:19 AM PST · by Willie Green · 21 replies · 417+ views
    Pittsburgh Post-Gazette ^ | Thursday, March 04, 2010 | Jon Schmitz
    On rail lines, freight trains have priority over passenger service, which frequently causes delays for Amtrak customers. Freight also appears to have the upper hand when it comes to money for improving service and infrastructure. Recent federal grant awards to Western Pennsylvania have included $35 million for improvements for cargo-hauling trains and just $750,000 for those that move people. But people stand to benefit from the freight investment because it will mean fewer trucks on congested highways, less pollution and lower road maintenance costs, railroad officials told a state House committee on Wednesday. ~~~SNIP~~~ The money will be used to...
  • U.S. House of Representatives passes Iran gasoline sanctions bill

    12/15/2009 11:46:57 PM PST · by Nachum · 2 replies · 444+ views
    HaAretz ^ | 12/15/09 | By Reuters, Natasha Mozgovaya, Haaretz Correspondent
    The U.S. House of Representatives approved legislation on Tuesday to impose sanctions on foreign companies that help supply gasoline to Iran, a move lawmakers hope will deter Tehran from pursuing its nuclear program. The bill authorizes President Barack Obama to levy sanctions on energy companies that directly provide gasoline to Iran along with the firms that provide insurance and tankers to facilitate the fuel shipments. The Senate is likely to approve a similar bill, but it is uncertain how soon it will vote.
  • Modern train service slowed by freight

    12/14/2009 3:59:45 AM PST · by Willie Green · 71 replies · 1,834+ views
    Chicago Sun-Times ^ | December 14, 2009 | MARY WISNIEWSKI
    High speed rail is a glamorous idea -- it's fun to imagine a train streaking through the cornfields from Chicago to St. Louis in four hours. Less glamorous are some of the fixes that need to be made to Chicago's notoriously slow freight rail system. Talk about projects like "signalize interlocking" and "grade separation," and eyes glaze over. But the promise of faster passenger rail is inextricably linked to the down-and-dirty business of freight. To make passenger and commuter trains move faster, you have to get the boxcars out of the way. And to do that, there needs to be...
  • U.S. Rail Freight Volume Down During Thanksgiving Holiday Week(further decline from 2008)

    12/04/2009 6:00:16 AM PST · by TigerLikesRooster · 8 replies · 389+ views
    U.S. Rail Freight Volume Down During Thanksgiving Holiday Week 3 Dec 2009 FOR IMMEDIATE RELEASE For More Information Contact: AAR Communications Holly Arthur 202-639-2100 U.S. Rail Freight Volume Down During Thanksgiving Holiday Week Increases Seen in Nine Freight Commodity Groups WASHINGTON, D.C. Ė Dec. 3, 2009 Ė The Association of American Railroads today reported that freight rail traffic was down for the Thanksgiving holiday week ended Nov. 28, 2009. U.S. railroads reported originating 246,133 carloads for the week, down 3.9 percent compared with the same week in 2008 and down 29.3 percent from the same week in 2007. The...
  • Rail Traffic Data Tell a Different Economic Story

    08/05/2009 10:20:46 AM PDT · by arthurus · 8 replies · 558+ views
    Seeking Alpha ^ | August 04, 2009 |
    While we have gotten several economic reports in a row that indicate the economy is stabilizing, if not starting to expand, there is one indicator of the real economy that is not budging, namely rail traffic. The table below comes from Railfax, which tracks activity on the nation's rails. It shows very little change in activity. Look at the 4-week rolling average (the weekly numbers can contain a lot of noise, the 4-week average smooths them out) relative to the year-to-date numbers. For total rail traffic, there has been only a 0.2% difference in the year-over-year rate of decline, down...
  • Rail Freight Traffic Slides During 2nd Week of 2009 (significant drop)

    01/22/2009 10:15:27 PM PST · by TigerLikesRooster · 4 replies · 421+ views
    Rail Freight Traffic Slides During 2nd Week of 2009 WASHINGTON, January 22, 2009 ó The economic slowdown continued to affect U.S. railroads as freight volume declined during the second week of 2009 in comparison with same week last year, the Association of American Railroads (AAR) reported today. Carload freight totaled 267,063 cars, down 17.9 percent from 2008, with loadings down 13.2 percent in the West and 24.4 percent in the East. Intermodal volume of 199,117 trailers or containers was off 13.7 percent from last year, with container volume falling 10.2 percent and trailer volume dipping 27.0 percent. Total volume was...
  • California ports' pollution plan proves a big haul

    07/22/2008 10:30:52 PM PDT · by rockinqsranch · 19 replies · 182+ views
    REUTERS ^ | July 22, 2008 | Nichola Groom
    Already, some shippers, truckers and others who don't want to make changes are choosing other ports, according to Knatz, who said port traffic could drop 10 percent to 15 percent.
  • Trans-Texas Corridor

    03/09/2008 1:08:26 PM PDT · by Tolerance Sucks Rocks · 21 replies · 1,328+ views
    Nolan Chart ^ | March 8, 2008 | Adam Rink
    Topic: Globalism The Texas Department of Transportation (TxDOT) is planning on building a new super highway system called the Trans-Texas Corridor (TTC). The Trans-Texas Corridor will not be just another interstate and will it will be used by more than just automobiles. It will include 10 lanes for traffic, two high speed rail tracks, four standard rail tracks, utility lines, oil pipelines, and gas pipelines. The Trans-Texas Corridor will consist of many corridors segments that are 1,200 feet wide, with each mile consuming 146 acres of land. This land is currently ranch and farm land that is being taken by...
  • Driver Shortage Creates Quandary for Trucking

    02/11/2008 5:33:39 PM PST · by 2ndDivisionVet · 139 replies · 1,505+ views
    Layover Magazine ^ | February 6, 2008
    A conspicuous shortage of truck drivers is creating a Catch-22 of sorts for the trucking industry, according to recent comments by carrier executives. On the one hand, a lack of drivers is restricting the ability of trucking companies to expand and meet current freight volumes. Yet that same lack of drivers results in tight capacity, which is allowing fleets in many cases to get higher rates from customers and reject unprofitable business. "Our results for the quarter were assisted by a favorable relationship between freight demand and truckload capacity," said Steve Russell, chairman & CEO of Indianapolis-based truckload carrier Celadon...
  • Mexico To Get "Sovereign Territory" in Kansas City; America's Heartland[Phyllis Schlafly]

    04/09/2007 3:30:46 AM PDT · by Dacb · 46 replies · 7,400+ views
    Christian World view Network ^ | 04 April 2007 | Phyllis Schlafly
    Grassroots Americans of all parties and economic classes rose up out of their political apathy a few months ago and forced President Bush to reverse his administration's decision to allow a Middle East government to own America's major ports. But the push for foreign ownership continues: the next port scheduled to be taken over is Kansas City, Missouri. Even though public schools stopped teaching geography a couple of decades ago, most Americans (especially residents of the Show Me state) are surprised to learn that Kansas City (where the only waves are "amber waves of grain") is a port. We are...
  • Mexican truck deal draws angry reaction (will be allowed to haul freight deeper into US)

    02/23/2007 12:59:56 PM PST · by NormsRevenge · 45 replies · 1,306+ views
    AP on Yahoo ^ | 2/23/07 | Leslie Miller - ap
    WASHINGTON - The news that Mexican trucks will be allowed to haul freight deeper into the United States drew an angry reaction Friday from labor leaders, safety advocates and members of Congress. They said Mexico has substandard trucks and low-paid drivers that will threaten national security, cost thousands of jobs and endanger motorists on the northern side of the border. The Bush administration's plan to let 100 Mexican trucking companies carry cargo beyond the immediate border area was announced Thursday in Mexico. "This program will make trade with Mexico easier and keep our roads safe at the same time," Transportation...
  • The Real Cost of Expensive Fuel

    08/23/2006 8:17:07 PM PDT · by neverhome · 5 replies · 730+ views
    Burkhart's Blog ^ | 08/23/06 | Alan Burkhart
    For the last couple of years, not a day has passed without the high cost of gasoline being in the news. Itís a hot topic at home, at the coffee shop and at work. Everyone is concerned about what it costs to fill up these days. I can relate. Even my tiny car with its twelve-gallon tank gets expensive to fuel when Iím paying $3.039 for gas. And yeah, I know that if you allow for inflation itís actually cheaper now than it was twenty years ago. The pain comes not so much from the actual price but from the...
  • The Trans Texas Corridor will be built ... somewhere

    10/13/2005 2:44:37 PM PDT · by Tolerance Sucks Rocks · 37 replies · 1,052+ views
    The Cameron Herald ^ | October 12, 2005 | Richard Stone
    Get ready. TTC-35 is coming. Though Michael Behrens wouldn't use those words, not exactly, and he'd probably cringe to realize it, that's the impression he left at the end of an hour and a half of questioning Thursday. "Something is going to have to be built somewhere," the executive director of the Texas Department of Transportation said after meeting in Cameron with a group of reporters from several rural newspapers. There was touch of resignation in his voice when he said it. The Trans Texas Corridor is a proposed multi-lane transportation network designed to carry passenger, freight, rail and utilities....
  • Let us have MagLev

    05/19/2005 1:27:56 PM PDT · by Willie Green · 51 replies · 1,112+ views
    A little psychology gets us on board for this port pollution solution. State Sen. Alan Lowenthal, who in the real world once was a professor of psychology, knows how to psych out members of an editorial board. In legislative matters we are a hard sell, but when it comes to trains, we are suckers. Especially trains that would run on magnetic levitation and whisk away port cargo without clatter or exhaust fumes, and without crowding us off the freeways. That's Lowenthal's latest pitch, and we are just about ready to sign up. First, of course, we should try to figure...
  • Retailers want 16-hour trucker workday (Walmart)

    03/09/2005 7:44:05 AM PST · by TXBSAFH · 201 replies · 3,587+ views
    Critics: 'Sweatshop-on-wheels amendment' Tuesday, March 8, 2005 Posted: 7:35 PM EST (0035 GMT) What's this? MyCashNow - $100 - $1,000 Overnight Payday Loan Cash goes in your account overnight. Very low fees. Fast decisions.... Mortgage Rates Hit Record Lows Get $150,000 loan for $625 per month. Refinance while rates are low. Compare Mortgage Offers Up to four free mortgage, refinance or home equity offers - one easy form. - Official Site Lendingtree - Find a mortgage, refinance, home equity or auto loan now. Receive... YOUR E-MAIL ALERTS Wal-Mart Stores Incorporated Retail Transportation or Create your...
  • Railroad to tackle jams

    01/25/2005 12:13:51 PM PST · by Willie Green · 3 replies · 316+ views
    Chicago Tribune ^ | January 25, 2005 | John Schmeltzer
    Union Pacific plans signal, yard changes; more diversions possible The nation's largest railroad moved to help relieve a nagging rail bottleneck in Chicago, promising to centralize signals in Iowa and improve rail yards in Chicago. But the extensive--and expensive--plan by Omaha-based Union Pacific Railroad to upgrade its system might derail further rail traffic diversions around Chicago only temporarily. Union Pacific executives said Monday that without congressional approval of a federal transportation program to fund a $1.5 billion upgrade of the Chicago freight system endorsed by Mayor Daley and state officials, more railroads are likely to bypass Chicago altogether. "We have...
  • Lock closure will make waves here

    07/29/2004 9:36:08 AM PDT · by Willie Green · 3 replies · 484+ views
    The Pittsburgh Tribune-Review ^ | Thursday, July 29, 2004 | C.M. Mortimer
    More than two million tons of waterborne cargo, including some that floats through the Port of Pittsburgh district, will be disrupted by the planned two-week shutdown next month of the McAlpine Lock on the Ohio River near Louisville, Ky. Chemical, mining and basic manufacturing companies are among those that could be adversely affected by the emergency closure, said James R. McCarville, executive director of the Port of Pittsburgh Commission, a state agency that promotes commercial river use. "This is something we think will have a significant impact. Everything below Louisville that comes here will be subject to closing. All of...
  • Corrupt Bargain in Houston Light Rail Contracts (FR Original Find)

    04/23/2004 10:47:01 AM PDT · by GOPcapitalist · 254 replies · 645+ views
    4/23/04 | me
    FROM TODAY'S HOUSTON CHRONICLE April 22, 2004, 11:55PM Metro agrees to contract for next 4 light rail lines By LUCAS WALL Metro has taken a significant step toward the construction of Houston's next four light rail lines. Directors on Thursday authorized signing a five-year contract estimated at $60 million with STV Inc. of New York, the same consortium that shepherded development of the Main Street line, which opened Jan. 1. ... Six firms competed for the project, which includes options for two two-year extensions. Dennis Hough, the Metropolitan Transit Authority's director of contracts, said STV and its 16 subcontractors stood...
  • EU Wants More International Rail Service

    03/03/2004 3:53:06 PM PST · by Willie Green · 4 replies · 149+ views
    Wichita Eagle ^ | Wednesday, March 03, 2004 | Associated Press
    For education and discussion only. Not for commercial use. BRUSSELS, Belgium - The European Commission proposed Wednesday to liberalize cross-border passenger rail services by 2010 and to force rail companies to compensate passengers for late or canceled services. It also put forward measures to boost the use of freight trains in Europe. European Union Transport Commissioner Loyola de Palacio said more competition for such international connections as the Thalys and Eurostar high-speed trains was needed, and cargo by rail must acquire a much greater market share. "The lack of quality assurance for freight services ... has a negative impact on...
  • FBI Probes Man Who Shipped Self to Dallas

    09/09/2003 10:17:28 AM PDT · by presidio9 · 43 replies · 302+ views
    AP ^ | Tue, Sep 09, 2003
    Federal agents say they are investigating how a man succeeded in stowing away in a cargo plane on a flight from New York to Dallas by shipping himself in a wooden crate. After hours of traveling, Charles McKinley, 25, of New York City, pried open the crate with a crowbar Saturday morning, authorities said. He popped up outside his parents' doorstep in suburban DeSoto, shook the hand of a shocked deliveryman and walked away, The Dallas Morning News reported Tuesday. The deliveryman called DeSoto police, who arrested him on outstanding Texas warrants. McKinley has not been charged with a crime,...
  • China Grants Historic Air Rights (Singapore Airlines to stop in China en route to Chicago)

    03/26/2003 8:55:23 AM PST · by LurkedLongEnough · 4 replies · 229+ views
    Airwise Top Stories ^ | Mar 25, 2003 | Staff
    Singapore Airlines cargo arm has made a small piece of aviation history by winning permission to pick up freight and passengers on mainland China during flights to the US. According to a report in the China Daily newspaper, fifth freedom rights have been granted to SIA Cargo by the country's civil aviation authority. It is the first foreign carrier to be handed the concession. The airline will be able to exercise its new rights from May 22 on its route between Singapore and Chicago which involves two stops in China, at Xiamen and Nanjing. The newspaper says that China's decision...
  • Surge Upward in Rail Carloadings in 2003

    01/15/2003 8:09:40 PM PST · by Uncle George · 11 replies · 273+ views
    AAR ^ | 1/15/2003 | American Association of Railroads
    Ton milage is up 9.2 percent this year over last years total. This is the BELLWEATHER yardstick as how the economy is progressing. Looks like Bushenomics are starting to respond. Full article is at