U.S. Rail Report for the week ending April 13, 2024
The Association of American Railroads (AAR) reported U.S. rail traffic for the week ending April 13, 2024. Total U.S. weekly rail traffic was 466,463 carloads and intermodal units, up 1.5 percent compared with the same week last year. Total carloads for the week ending April 13 were 208,381 carloads, down 8.2 percent compared with the same week in 2023, while U.S. weekly intermodal volume was 258,082 containers and trailers, up 11.0...
Felling Trailers’ chosen for Atlas Foundation Company’s specialized trailer needs
Atlas Foundation Company is a deep foundation and earth retention solutions provider. Founded in 1968, the company started strictly as a pile-driving company but quickly expanded into caissons (drilled piers), micropile, earth retention, and helical piers. Atlas’ Micro Pile Division had acquired an overseas manufacturer to design and build a custom water pump to be used for extremely specialized deep foundation drilling applications,...
Cargo growth continues at Port of Long Beach in March
Strong consumer demand drives increase in trade for seventh consecutive month Rising consumer confidence lifted trade moving through the Port of Long Beach in March, marking the seventh consecutive month of year-over-year cargo growth. Dockworkers and terminal operators moved 654,082 twenty-foot equivalent units (TEUs) last month, an 8.3% increase from March 2023. Imports grew 8.4% to 302,521 TEUs and exports were down 21.3% to...
Escalating Middle East Tensions trigger projected surge in war risk premiums and freight rates
In a significant escalation of tensions in the Middle East, Iran’s capture of the MSC Aries, a container ship linked to Israel, has reverberated throughout the maritime industry. This development, occurring before the missile attacks on Saturday, April 13, 2024, underscores the deepening conflict in the region. Believed to be in response to an Israeli raid on the Iranian consulate in Syria, the capture has heightened concerns...
Women In Trucking Association names Sarah Ruffcorn the 2024 Distinguished Woman in Logistics
The Women In Trucking Association (WIT), Truckstop and Transportation Intermediaries Association (TIA) has announced Sarah Ruffcorn president of Trinity Logistics as the winner of the 10th annual Distinguished Woman in Logistics Award (DWLA). Ruffcorn was chosen among three finalists for the award. The other finalists include Sherri Garner Brumbaugh, president and CEO, Garner Trucking, Inc. and Ramona Hood, president and CEO, FedEx...
TGW Logistics and OPEX®Corporation form a strategic partnership
The two internationally active automation specialists recently signed a strategic partnership agreement. As part of the collaboration, TGW Logistics is channeling its experience into the further development of OPEX® Corporation’s Infinity® automated storage and retrieval (AS/RS) technology, which will also be implemented in LivePick, TGW Logistics’ innovative new order fulfillment system. OPEX is a global leader in Next...
U.S. Rail Report for the Week Ending April 6, 2024
The Association of American Railroads (AAR) has reported U.S. rail traffic for the week ending April 6, 2024. For this week, total U.S. weekly rail traffic was 450,142 carloads and intermodal units, up 1.6 percent compared with the same week last year. Total carloads for the week ending April 6 were 209,142 carloads, down 4.5 percent compared with the same week in 2023, while U.S. weekly intermodal volume was 241,000 containers and...
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