Quick Insight: The Bleak Freight Transportation Services Index

CN starts a fleet integration program for agricultural product shippers:

CN is prepared to accept up to 250 private cars to be integrated into CN’s fleet.  Shippers that enter the program will receive weekly allotments to order cars from the railroad’s fleet for 25-car block shipments heading from CN-served loading locations in Western Canada to non-port destinations in the United States, and Eastern or Western Canada. Read more

Crude-by-Rail to grow enormously for Canadian oil sands: 

The new crude discovery and production in areas where pipeline infrastructure is limited is driving a huge demand crude by rail. Recent DOT proposal assumes 23,000 of the older models of trank cars would transition to carrying Canadian oil sands fuel as oil sands producers turned to rail to alleviate pipeline bottlenecks.   Read more

The Freight Transportation Services Index (TSI) is down: 

The Freight TSI measures the month-to-month changes in freight shipments by transportation mode in tons and ton-miles, which are combined into one index, based on output of the for-hire freight transportation industry and consists of data from trucking, rail, inland waterways, pipelines and air freight. The index declined for all modes of freight, but the largest decline happened in pipelines. Read more