Monthly Archives: October 2013

Is the Transportation Business Driving the Market to Recovery?

The increase of the US economy was tied to freight transportation, ever since the past spike was driven to the trails of the very first American transcontinental railway in 1869. The current development of the intermodal capabilities and also the general renovation of America’s railway systems have had a similar rejuvenating influence of the nation’s economy. Many analysts have pointed to recent development in the transport industry as an index of the rapidly recovering economy, and with the anticipated upsurge in business in the eastern states as a result of conclusion of the Panama Canal in 2015, the destiny of the economy continues to seem very good within the longer term as well. Transport could be the fourth-largest contributor to the economy behind food, healthcare, and home, and it’s also a major contributor to the employment market with its fiscal impact extending indirectly to any or all sections of the economy as a whole. The improved efficacy of freight handling the renovated intermodal systems will deliver will further encourage increase in job and keep transport costs down. This, in turn, is anticipated to fuel growth in consumer products that may further raise the demand for transportation services1. Some estimates are… read more »

The Intermodal Future of American Freight

The necessity to diversify the transport network has been a central issue within the development of policy and planning, because the cargo transportation network first came under the government spotlight in the Intermodal Surface Transportation Performance Act1. This legislation, enacted in 1991, spurred the growth of a modern intermodal transportation network that’s intended to raise the efficiency of cargo handling practices across the nation. Important sections of the development have dealt with improving traffic flow to and in the leading transport hubs with a solid concentrate in the routes that are used to connect different ways of mass transportation, like sea and railroad. A larger part of the problem for intermodal transportation in the past was the dearth of direct train links to many seaports that compelled containers to be sent overland by truck, often over routes that were unsuited to the growing size and volume of the traffic2. The problems with the roadways are mainly being resolved by the individual states with the introduction of fast transport corridors and developments to the expressway system which connects the leading seaports in the United States. The growth of intermodal services in Memphis3 which are directly linked to seaports along the Atlantic… read more »