It's been an eventful summer for intermodal to say the least. To go over all the happenings (from the rail merger to the state of savings and service), we welcome a returning guest who's as plugged in to the industry as anyone, Ari Ashe with the Journal of Commerce.
We lead with the biggest story - the aforementioned rail merger between Union Pacific and Norfolk Southern. Ari takes us through the timeline of the transaction moving forward, explaining why there's a ticking clock on approval, the bumps in the road other stakeholders will likely bring up, and how this all came together to begin with.
Plus, we talk about the implications for carload and intermodal service, and what the other class 1 railroads are likely to do in response. Speaking of intermodal service, Ari also gives us an update on his latest Intermodal Service Scorecard, which gives pretty high scores to the railroads as well as intermodal providers.
He then goes over his Intermodal Savings Index, which showed a bit of narrowing on savings vs truck on some lanes due to overcapacity. And he tells us volume - which had been trending somewhat positive - looks to be hitting a wall.
Finally, Ari promotes JOC's upcoming Inland Distribution Conference in Chicago next month, which just booked UP's Jim Vena as a featured guest among a packed program. Find Ari's latest reporting at www.joc.com, and learn more about Inland at inland.joc.com.
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