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The six railroads that practice their marketing-term model that is called precision scheduled railroading (PSR) will be reporting their third-quarter financial results through the remaining days of October.
There is, however, an opportunity for a more holistic quarterly briefing.
This week’s market view rail column provides an argument for a new checklist of...
Port of New York and New Jersey, following a successful 2018, where it crossed 7 million TEU (20-foot equivalent units) mark for the first time, in 2019 broke that record to end the year with a total of 7,471,131 TEU (4,238,107 lifts), a 4.1 percent increase. This record-breaking number of loaded imports boosted the port’s standing to become the second busiest port in the nation in 2019.
A glance at 2019:
https://container-news.com/port-ny-nj-ends-2019-with-record-numbers/
Transporting goods by train is not only offers economic advantages but also reduces emissions by up to 98% compared to road transport. APM Terminals Gothenburg plans to double the volume of containers transported by rail to and from Gothenburg by 2022.
APM Terminals Gothenburg is connected to more than 300 inland destinations in Sweden via rail. With more than 60 rail shuttles per week, Gothenburg has an unprecedented rail coverage in Sweden. Insjön in Dalarna, some 460 kilometers from...
Add April to the list of months in 2019 that posted record-breaking cargo growth at the Port of New York and New Jersey. In April, total volume at the Port rose by nearly 10 percent, accounting for 605,263 TEUs (344,862 lifts) in April 2019 compared to 551,117 TEUs (316,675 lifts) in April of 2018. The gains bring the total volume for January through April to 2,398,108 TEUs, a 7.5 percent increase over the same period of 2018.
Import loads (TEUs) were also up at the Port of New York and New...
https://container-news.com/april-cargo-volume-surges-port-ny-nj/
Total volume of Port of New York and New Jersey for November 2018 was 583,880 TEUs (331,242 lifts) versus 566,519 TEUs (323,290 lifts) in November 2017, a 3.1% increase. Bringing Port’s YTD total to 6,570,398 TEUs. Import loads (TEUs) were up by 5.9% in November 2018 vs. November 2017, though export loads (TEUs) decreased 10.4% in November 2018 vs. November 2017. Export empties increased 9.3% totaling 164,584 TEUs in November 2018 versus 150,536 TEUs in November 2017.
Import loads for the month...