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CSX Intermodal Growth

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  • Member since
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  • From: Guelph, Ontario
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Posted by Ulrich on Wednesday, July 15, 2015 10:37 AM

Inbound to Montreal and Eastern Canada would be where the money is.. outbound freight is dirt cheap.  Quebec is very much like Florida with a large consumer market and comparitively little in the way of production.

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Posted by tree68 on Wednesday, July 15, 2015 7:23 AM

It will be interesting to see if the Montreal-Dewitt IM traffic takes off.  Even more interesting would be an alphabet routing that would take IM right down the I-81 corridor to Scranton and beyond.

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Posted by schlimm on Tuesday, July 14, 2015 10:29 PM

Paul_D_North_Jr

Domestic intermodal - i.e., taking away some of the huge volume that trucks now have - is the biggest untapped market around.  'Bout time somebody started to move on it. 

- Paul North.   

 

If you want to have growth in revenue, or even to stay even to compensate for future declines in coal and oil and ethanol, picking up more intermodal traffic makes sense.

C&NW, CA&E, MILW, CGW and IC fan

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Posted by Ulrich on Tuesday, July 14, 2015 10:03 PM

For loads that move over 500 miles, absolutely. For shorter hauls, probably not as the cost of the dray would make rail much more expensive than truck, at least for full loads. Take Buffalo - Toronto for example. 90 miles.. truckload box rate is $700.00 roughly with door to door service of three hours (traffic). Lots of those little lanes that rail can't touch.. fortunate for dinosaurs like me who like trains but make our living with trucks.

 

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Posted by Paul_D_North_Jr on Tuesday, July 14, 2015 8:53 PM

Domestic intermodal - i.e., taking away some of the huge volume that trucks now have - is the biggest untapped market around.  'Bout time somebody started to move on it. 

- Paul North.   

"This Fascinating Railroad Business" (title of 1943 book by Robert Selph Henry of the AAR)
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CSX Intermodal Growth
Posted by CMStPnP on Tuesday, July 14, 2015 8:42 PM

CSX states to Wall Street on Tuesdays earnings call their growth in intermodal is largely from pulling trucks off highways as their intermodal is increasing while consumer spending is decreasing.     So thats nice for a change they are making agreements with truckers instead of ripping off the traffic from a neighboring railroad.

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