Rising trucking rates in 2023

Intermodal Rail Setting New Records

As shippers look for alternate ways to meet the ever tightening capacity market of available trucks intermodal rail has grown in ways not ever seen in history. Union Pacific and FEC rail lines are almost always running at capacity. Railroad companies such as CSX and BNSF are at the forefront of this market. BNSF has alotted itself the biggest budget in its history this year. This is a sign that everyone is betting on a good economy going forward in 2013. Also another plus for the rail is the uncertain future of diesel fuel rates. A rail car can move 2000 pounds for an average of 430 miles on one gallon of fuel! The efficiancy is quite remarkable.