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In 2008, the company began construction of the CenterPoint Intermodal Center, a 3,600 acre facility that cost $1.26 billion and opened in 2010. [10] The company also began construction of the CenterPoint-KCS Intermodal Center in partnership with Kansas City Southern Railroad at the former Richards-Gebaur Air Force Base. [11]
The Intermodal Center includes a 785-acre Union Pacific Railroad complex just south of Joliet and a 770-acre BNSF Railway complex further to the southwest. [2] The facility's location was formerly part of the Joliet Army Ammunition Plant. Construction of the Intermodal Center began as part of the Joliet Arsenal redevelopment effort after 2000. [3]
Less-than-truckload shipping or less than load (LTL) is the transportation of an amount of freight sized between individual parcels and full truckloads. Parcel carriers handle small packages and freight that can be broken down into units less than approximately 150 pounds (68 kg). Full truckload carriers move entire semi-trailers. Semi-trailers ...
The loading capacity of containers must be such that their total weight (load, plus tare) is: 5 tonnes (4.92 long tons; 5.51 short tons) for containers of the heavy type; 2.5 tonnes (2.46 long tons; 2.76 short tons) for containers of the light type; a tolerance of 5 percent excess on the total weight is allowable under the same conditions as ...
In March 2022, XPO sold its North American intermodal business to Illinois-based STG Logistics for $710 million. [33] [22] In March 2023, XPO appointed J. Wes Frye, a retired industry veteran, to its board of directors. [34] In April 2023, XPO announced the hire of Dave Bates as chief operating officer of North American LTL. [35]
Indeed, more than one in four American homeowners with insurance worry that their homes will become uninsurable in 2024, according to results from a ValuePenguin survey of 2,035 U.S. consumers ...
Large investments were made in intermodal freight projects. An example was the US$740 million Port of Oakland intermodal rail facility begun in the late 1980s. [2] [3] Since 1984, a mechanism for intermodal shipping known as double-stack rail transport has become increasingly common. Rising to the rate of nearly 70% of the United States ...
An intermodal container, often called a shipping container, or cargo container, (or simply "container") is a large metal crate designed and built for intermodal freight transport, meaning these containers can be used across different modes of transport – such as from ships to trains to trucks – without unloading and reloading their cargo. [1]