Thank you for sharing!

Your article was successfully shared with the contacts you provided.

CMA CGM Benjamin FranklinIntermodal freight transport options are rising in popularity. According to a presentation by Beth F. Whited, EVP and chief marketing officer at Union Pacific Railroad, at the Pulse of the Ports conference last week, intermodal is growing faster than rail, and the company is investing financing to grow intermodal facilities. The growth is driven by both domestic and international demand for intermodal.

“Rail volume is up this year about 1%, so it is relatively flat,” Whited said at the conference. “If you look at intermodal, seven-day car loadings are up 6% year-over-year. We are seeing strength in international intermodal, but domestic intermodal [is also] growing. We are seeing the impact of ELDs in the US.”

Kelsi Maree Borland


Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now

Copyright © 2018 ALM Media Properties, LLC. All Rights Reserved.