#kt-adv-heading_51e0f7-ed, #kt-adv-heading_51e0f7-ed .wp-block-kadence-advancedheading {font-size:18px;font-weight:400;font-family:Amiko;}
To view more FreightWaves infographics, click here.
https://www.freightwaves.com/news/daily-infographic-us-freight-railroad-categories
#kt-adv-heading_b3703f-9d, #kt-adv-heading_b3703f-9d .wp-block-kadence-advancedheading {font-size:20px;font-weight:400;font-family:Amiko;}
To view more FreightWaves infographics, click here.
https://s29755.pcdn.co/news/daily-infographic-types-of-freight-train-cars
U.S. agriculture and forest product exporters are counting the ways and dollars it costs them when ocean carriers without warning change the dates for container arrivals at marine terminals.
The Washington-based Agriculture Transportation Coalition (AgTC) and supply chain technology firm TradeLanes recently reached out to hundreds of American shippers to survey the operational and financial impacts of earliest return date (ERD) fluctuations on their businesses.
The AgTC and TradeLanes have...
https://www.freightwaves.com/news/container-return-date-upheaval-by-the-numbers
The Port of Brownsville recently received a $14.5 million grant to expand and upgrade the port’s 3 million-bushel grain elevator, including rail and road improvements.
The port is “reclaiming its status as a major exporter of agricultural products” with the grant, said Brownsville Navigation District Chairman John Reed.
“This grant demonstrates the federal government’s confidence in the Port of Brownsville and its commitment to support all industries across the Rio Grande Valley,” Reed said in a
https://s29755.pcdn.co/news/port-of-brownsville-wins-grant-to-expand-grain-exports
Chart of the Week: Outbound Average Length of Haul, Outbound Tender Volume Index – USA SONAR: OALOHA.USA, OTVI.USA
The average length of haul for requested load tenders has increased 6% or roughly 20 miles since the same period last year. This may not seem like a big deal at first, but with accepted volumes being over 20% higher than this time last year, those miles have a multiplier on them — putting a deeper strain on capacity than the tender volumes alone suggest.
The average length of haul...
https://s29755.pcdn.co/news/long-haul-freight-boom-leads-to-pre-peak-capacity-crunch
North Dakota specialty soybean exporter Robert Sinner has lost his patience with ocean carriers that without sufficient notice change the earliest delivery return dates for containers arriving at the nation’s seaports and he wants something done about it.
Sinner, whose company SB&B Foods has shipped container loads of soybeans to high-end food processors in Asia for the past two decades, said the problem has gone from bad to worse during the past five years.
“It drives us crazy,” he told American...
https://s29755.pcdn.co/news/american-exporters-want-end-to-erratic-container-return-dates
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Mexican train blockade costing millions; Toyota and VW expand in Mexico; tire manufacturer opens Houston facility; Xxentria opens border operation; and US, Mexico and Canada extend border closures.
Rail blockades in Mexico costing millions in delayed freight
Mexican farmers protesting water rights have blocked railway tracks across the country since Aug. 26, costing...
As the coronavirus pandemic continues to disrupt international trade, Mexico stands to benefit from more companies moving manufacturing to North America, said Patrick Ottensmeyer, president and CEO of Kansas City Southern.
“If you look at the interest to our company and our customers, Mexico, as a percentage of the products that are sold to the rest of North America, related to low-cost Asian countries, Mexico’s market share has increased fairly significantly from 2018 to 2019, prior to the...
https://s29755.pcdn.co/news/new-usmca-trade-deal-could-increase-demand-for-nearshoring-in-mexico
Truck stops along the U.S. Gulf Coast in Texas and Louisiana are preparing for a potentially devastating hurricane by closing locations ahead of the storm.
“Love’s is monitoring the latest developments as Hurricane Laura nears landfall in the Gulf Coast area,” Love’s Travel Stops posted in a bulletin issued at 12:15 pm EDT.
“We are taking precautions and increasing fuel and food deliveries today to stay stocked as people are evacuating. Our store and support teams are prepared to serve Customers...
https://s29755.pcdn.co/news/truck-stops-close-shop-ahead-of-hurricane-laura
The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.
That search for modal share growth is still fundamentally the real strategic challenge for the seven Class 1 North American railroads.
Profitability remains excellent.
Net cash flow? Down a bit during the second quarter of 2020 as the COVID-19 pandemic economic shock hit. We will find out by how much less over the next few weeks as second quarter earnings are...
https://s29755.pcdn.co/news/commentary:-will-railroads-grow-organically-or-just-recover?