Rail freight transport

CSX Announces 2024 Customer Environmental Excellence Award Winners

Retrieved on: 
月曜日, 4月 22, 2024

JACKSONVILLE, Fla., April 22, 2024 (GLOBE NEWSWIRE) -- CSX (NASDAQ: CSX) CSX Corporation (NASDAQ: CSX) has announced the winners of its 2024 CSX Customer Environmental Excellence Awards.

Key Points: 
  • JACKSONVILLE, Fla., April 22, 2024 (GLOBE NEWSWIRE) -- CSX (NASDAQ: CSX) CSX Corporation (NASDAQ: CSX) has announced the winners of its 2024 CSX Customer Environmental Excellence Awards.
  • In the third year of the annual awards program, CSX chose winners who have realized significant carbon reduction by embracing the environmental advantages of rail over trucks with a “highway-to-rail” conversion.
  • “The winners of this year’s awards achieved the highest annual emissions savings totals among all CSX customers, reflecting their commitment to environmental citizenship.”
    To assist customers in making informed decisions about switching to rail transportation, CSX provides an advanced carbon calculator.
  • The 2024 CSX Customer Environmental Excellence Award winners include six companies whose highway-to-rail conversions resulted in substantial emissions savings during the previous year.

U.S. Bank Freight Payment Index: Truck freight contraction continues

Retrieved on: 
水曜日, 5月 1, 2024

The latest U.S. Bank Freight Payment Index revealed that the U.S. truck freight market contracted significantly during the first three months of 2024.

Key Points: 
  • The latest U.S. Bank Freight Payment Index revealed that the U.S. truck freight market contracted significantly during the first three months of 2024.
  • “While there was hope for a freight market turnaround to start the year, our data shows that the challenges continued,” said Bobby Holland, director of freight business analytics, U.S. Bank.
  • “Nationally, this was the eighth straight quarter of year-over-year volume decreases and the fifth straight with a drop in spending.”
    The U.S. Bank Freight Payment Index regional data shows how widespread the current challenges are for the truck freight market.
  • The most severe contraction was in the Northeast, where spending dropped 34.8% year-over-year and shipments fell 33.9%.

Nexterus Helps Shippers Navigate the Channels Around the Francis Scott Key Bridge in Baltimore

Retrieved on: 
木曜日, 4月 11, 2024

NEW FREEDOM, Pa., April 11, 2024 (GLOBE NEWSWIRE) -- Nexterus , a world-class supply chain management and third-party logistics (3PL) services provider, is available to help shippers navigate around the issues caused by the collapse of the Francis Scott Key Bridge and the closing of the Port of Baltimore.

Key Points: 
  • NEW FREEDOM, Pa., April 11, 2024 (GLOBE NEWSWIRE) -- Nexterus , a world-class supply chain management and third-party logistics (3PL) services provider, is available to help shippers navigate around the issues caused by the collapse of the Francis Scott Key Bridge and the closing of the Port of Baltimore.
  • On the morning of March 26, 2024, the cargo ship Dali hit the Francis Scott Key Bridge, causing it to collapse into the Patapsco River.
  • “There is always a ripple effect throughout supply chains when catastrophic disasters occur like the bridge collapse,” says Ryan Polakoff, President of Nexterus.
  • Nexterus has expertise and experience in creating supply chain strategies to move loads in a timely, cost-effective manner.

ITS Logistics April Port Rail Ramp Index: Collapse of Baltimore Key Bridge Results in Severe Rating for Atlantic Ocean Region Due to Lack of Freight Visibility

Retrieved on: 
水曜日, 4月 10, 2024

RENO, Nev., April 10, 2024 (GLOBE NEWSWIRE) -- ITS Logistics today released the April forecast for the ITS Logistics US Port/Rail Ramp Freight Index .

Key Points: 
  • RENO, Nev., April 10, 2024 (GLOBE NEWSWIRE) -- ITS Logistics today released the April forecast for the ITS Logistics US Port/Rail Ramp Freight Index .
  • The ITS Logistics US Port/Rail Ramp Freight Index forecasts port container and dray operations for the Pacific, Atlantic, and Gulf regions.
  • Ocean and domestic container rail ramp operations are also highlighted in the index for both the West Inland and East Inland regions.
  • Visit here for a full comprehensive copy of the index with expected forecasts for the US port and rail ramps.

Invensify Introduces the Industry’s Most Energy Efficient Cold Chain Shipping Transporter

Retrieved on: 
金曜日, 4月 26, 2024

Invensify, Inc., Santa Clara, California, has introduced a power efficient, temperature-controlled shipping container designed to maintain stable storage temperatures for high-value pharmaceuticals before and during transport to last-mile cold chain destinations.

Key Points: 
  • Invensify, Inc., Santa Clara, California, has introduced a power efficient, temperature-controlled shipping container designed to maintain stable storage temperatures for high-value pharmaceuticals before and during transport to last-mile cold chain destinations.
  • It complies with FDA Title 21 CFR guidelines for pharmaceuticals and helps ensure temperature uniformity and data integrity with no prior experience required for use.
  • Multiple units can be staged at distribution points and deployed using internal battery power without interruption of the cooling function.
  • Transmitted data is captured in cloud database with secure subscription access so that customers can track it through the cold chain.

Outrider granted 11th U.S. patent for its AI-powered autonomous system

Retrieved on: 
木曜日, 4月 25, 2024

BRIGHTON, Colo., April 25, 2024 /PRNewswire-PRWeb/ -- Outrider, the leader in autonomous yard operations for logistics hubs, announced today the issuance of its latest patent, U.S. Patent No. 11,927,676, for the "Systems and Methods for Determining an Articulated Trailer Angle," covering the critical task of determining where a trailer is with respect to a self-driving tractor, facilitating safe and accurate autonomous trailer movement in all weather conditions.

Key Points: 
  • BRIGHTON, Colo., April 25, 2024 /PRNewswire-PRWeb/ -- Outrider , the leader in autonomous yard operations for logistics hubs, announced today the issuance of its latest patent, U.S. Patent No.
  • "Outrider's patent portfolio covers the numerous inventions, innovations, and technologies our team developed to re-define the logistics yard," said Andrew Smith, Founder and CEO of Outrider.
  • Shortly after its first patent was issued in August 2021, Outrider used its proprietary technology to perform fully autonomous trailer moves in a production environment – the industry's first – at Georgia-Pacific in November 2021 .
  • In the second half of 2024, Outrider will begin shipping its commercial system to top Fortune 500 customers.

ATA Truck Tonnage Index Decreased 2% in March

Retrieved on: 
火曜日, 4月 23, 2024

WASHINGTON, April 23, 2024 /PRNewswire/ -- American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index declined 2% in March after increasing 4% in February. In March, the index equaled 113.4 (2015=100) compared with 115.7 in February.

Key Points: 
  • WASHINGTON, April 23, 2024 /PRNewswire/ -- American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index declined 2% in March after increasing 4% in February.
  • "Tonnage in March suggests that truck freight volumes remain lackluster, and it is clear the truck freight recession continued through the first quarter," said ATA Chief Economist Bob Costello.
  • ATA's For-Hire Truck Tonnage Index is dominated by contract freight as opposed to spot market freight.
  • ATA calculates the tonnage index based on surveys from its membership and has been doing so since the 1970s.

First Phosphate and Groupe Goyette Sign MOU for Logistics Footprint at the Hebertville-Station Intermodal Facility in the Saguenay-Lac-St-Jean Region of Quebec, Canada

Retrieved on: 
水曜日, 3月 13, 2024

"Our clients in the battery technology industry for electric vehicles ("EVs") and energy storage will be demanding and will require reliable, just-in-time transportation assurances."

Key Points: 
  • "Our clients in the battery technology industry for electric vehicles ("EVs") and energy storage will be demanding and will require reliable, just-in-time transportation assurances."
  • GG is to join the First Phosphate project team and begin to determine the best overall project-based logistics necessary to integrate the Company's product and supply flows with the Hébertville-Station, Quebec intermodal facility.
  • He has practiced law for 15 years and was chief legal advisor on land rights for the Ilnu Nation.
  • He was special advisor/negotiator on the drafting and adoption of the UN General Assembly Declaration on the Rights of Indigenous Peoples.

FourKites and BuyCo Partner to Offer End-to-End Ocean Freight Management

Retrieved on: 
水曜日, 4月 3, 2024

This visibility spans both inland and ocean shipments, from initial planning and booking to real-time transportation visibility, carbon emissions control and inventory management.

Key Points: 
  • This visibility spans both inland and ocean shipments, from initial planning and booking to real-time transportation visibility, carbon emissions control and inventory management.
  • Through this strategic partnership, FourKites and BuyCo are committed to helping high-volume shippers streamline their operations; build a more sustainable supply chain; and enhance the overall supply chain execution and customer experience through end-to-end digitization.
  • The partnership between BuyCo and FourKites empowers shippers to leverage cutting-edge container visibility and management capabilities, positioning them as leaders in efficiency and service, while enhancing supply chain resilience amidst increasingly volatile and unpredictable market conditions.
  • “Ocean shipping is extremely complex, with numerous stakeholders and cumbersome documentation workflows that can account for upwards of 70% of detention and demurrage,” said Mathew Elenjickal, founder and CEO of FourKites.

MHX Expands Operations to Phoenix, AZ, Strengthening West Coast Presence to Support Customer Growth in New Markets

Retrieved on: 
火曜日, 4月 2, 2024

The new Phoenix transload site spans 108 acres and features outdoor and covered storage facilities.

Key Points: 
  • The new Phoenix transload site spans 108 acres and features outdoor and covered storage facilities.
  • Leveraging cutting-edge real-time data technology, MHX aims to deliver unparalleled rail transload services and enhance customer experiences across diverse industries.
  • "MHX is excited to expand into Phoenix, one of the fastest growing markets in the U.S., by building on the site's exceptional legacy.
  • By leveraging its operational expertise, state-of-the-art data systems, and best-in-class inventory practices, MHX aims to elevate customer service standards and drive carload growth across its expanding network.