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Real Estate Roundup: Warehouse And Distribution Demand Soars, So Does Community Opposition
Friday, October 2, 2020 - 2:30pm | 984Real Estate Roundup is a weekly rundown of developments in the world of industrial real estate used for logistics and transportation. This week: Demand for industrial warehousing and distribution facilities is soaring, but communities frequently fight back against what they see as problems with...
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The Daily Dash: Freight Volumes, Capacity And Earnings Remain Strong
Monday, July 20, 2020 - 11:41am | 680The Daily Dash is a quick look at what is happening today in the state of freight. Freight Volumes Remain Strong Through July There was little evidence that freight volumes would weaken beyond the Fourth of July holiday peak — and this bullish outlook proved correct. The outbound tender volume...
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June Rail Traffic Sees Recovery 'Accelerate'
Thursday, July 2, 2020 - 1:25pm | 875U.S. railroads' total rail traffic was 14.3% lower year-over-year at 1,799,189 originations in the month of June according to the Association of American Railroads (AAR). Total carloads declined 22.4% year-over-year with intermodal container and trailer traffic moving only 6.6% lower. "June was a...
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Volumes Jump For First Time in 2020 But Coronavirus Uncertainty Looms
Monday, March 2, 2020 - 11:03am | 663The national outbound tender volume index rose just over 2.5% over the past week. It may not seem like much, but this is the largest weekly gain thus far in 2020. For the past seven weeks, we have seen flattish volumes. OTVI now sits at 9,877.33, well below the March 2018 starting point of 10,000....
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Transport Canada Orders Trains Carrying Hazardous Goods To Slow Down
Friday, February 7, 2020 - 10:24am | 626Transport Canada has issued a temporary order requiring freight trains carrying "dangerous goods" to slow down. The order is in response to the derailment of a Canadian Pacific (NYSE: CP) crude oil train early Thursday morning in Saskatchewan. The derailment, which occurred at 6:15 a.m. CST,...
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The Price Of Diesel Is Way Down Everywhere Except The Pump
Tuesday, January 28, 2020 - 6:07pm | 1179Here's what is almost certainly frustrating many truck drivers and shippers as January draws to a close: On Jan. 2, the first trading day of the year, ultra low sulfur diesel (ULSD) settled on the CME, the main energy trading platform, at $2.0241 per gallon. A day later, it settled at $2.0614. On...
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China's Tariff Moves Divide Opinions Of Policy-Watchers
Thursday, January 3, 2019 - 11:52am | 1681China's Christmas announcement that it would introduce a round of tariff reductions on Chinese imports and exports has caused a stir in the community of China watchers. And that's especially so given the background of tension in China-U.S. trade relations. China's formal legal...