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PAM Transportation Services announces award of US DOE Grant

AJOT | August 05, 2010 | Intermodal

PAM Transportation Services, Inc. (Nasdaq:PTSI) announced the award of a United States Department of Energy grant to help fund alternative fuel vehicles and alternative fuel infrastructure. The grant is a cost-share project for 27 Compressed Natural Gas ( Read More »

Genesee & Wyoming Q2 profit beats Street, ups 2010 view

AJOT | August 05, 2010 | Intermodal

Genesee & Wyoming Inc., which owns and operates short-line and regional railroads, posted better-than-expected quarterly results, helped by an increase in freight revenue, and raised its 2010 outlook.

For 2010, the company expects earnings fr Read More »

TRAC Intermodal announces TRAC Connect for motor carriers

AJOT | August 05, 2010 | Intermodal

TRAC Intermodal, formerly known as Seacastle Chassis, announces its new product, TRAC Connect designed to provide chassis rental, leasing and related services to the intermodal drayage community. TRAC Connect is a web-based marketplace for marine chassis Read More »

Old Dominion Director of Safety Compliance receives Annual Statewide Safety Award

AJOT | August 05, 2010 | Intermodal

The North Carolina Trucking Association (NCTA) presented Sam Faucette of Old Dominion Freight Line with its Safety Director of the Year Award on July 24 during the NCTA Annual Safety Conference in Myrtle Beach, S.C.

Faucette joined Old Domini Read More »

Cooperative agreement between XLA and NITL

AJOT | August 05, 2010 | Intermodal

The Express Delivery and Logistics Association (XLA) announced a cooperative agreement with the National Industrial Transportation League (NITL).

NITL, created in 1907, is the leading organization for the freight transportation industry repr Read More »

Old Dominion launching security divider service

AJOT | August 05, 2010 | Intermodal

Old Dominion Freight Line Inc. has launched a new security divider service that provides an additional layer of protection for customers shipping extra-sensitive cargo.

The new service provides guaranteed, locked-in security for special or un Read More »

Fleet sentiment buying index jumps 39% in Q3 2010

AJOT | August 05, 2010 | Intermodal

The Q3 2010 Fleet Sentiment Report (FSR) Equipment Buying Index as reported by CK Commercial Vehicle Research jumped from the previous quarter to 90.2, the best reading in two years. The FSR Buying Index is a simple measure of planned buying behavior of Read More »

Environment, highways to benefit from 
‘safe and efficient transportation act (SETA) of 2010’

AJOT | August 05, 2010 | Intermodal

The American Trucking Associations (ATA) strongly supports the 'Safe and Efficient Transportation ACT (SETA) of 2010, S. 3705, introduced Aug. 4 by U.S. Senators Mike Crapo (R-Idaho), Susan Collins (R-Maine) and Herb Kohl (D-Wisc.). The legislation will a Read More »

CTP applauds bipartisan Senate bill giving states option to raise interstate weight limits

AJOT | August 05, 2010 | Intermodal

The Coalition for Transportation Productivity (CTP), a group of more than 160 shippers and allied associations dedicated to responsibly increasing federal weight limits on interstate highways, applauded Sens. Mike Crapo (R-Idaho), Herb Kohl (D-Wis.) and S Read More »

USTR says White House not blocking China trade cases

AJOT | August 05, 2010 | International Trade

President Barack Obama's national security advisors have not stopped U.S. trade officials from filing legal challenges against China, U.S. Trade Representative Ron Kirk said.

"We've not experienced any instances at all where we have made a re Read More »

USTR Kirk “frustrated” with Russia on poultry

AJOT | August 05, 2010 | International Trade

The top U.S. trade official voiced frustration that Russia has not resumed imports of U.S. poultry, despite an agreement to do so, and said the countries were working to iron out the latest rift.

"We're frustrated. We thought we reached an ag Read More »

US lawmakers urge action on China currency policy

AJOT | August 05, 2010 | International Trade

A group of U.S. Senators raised concerns about China's currency, urging the Obama administration to do more to combat "unfair trade" practices abroad. Read More »

Fight between U.S. and Brazil threatens trade

AJOT | August 05, 2010 | International Trade

The road to rock bottom for relations between Brazil and the United States, a dispute that now threatens business ties between the two Western Hemisphere economic giants, began in Brasilia in March.

U.S. Secretary of State Hillary Clinton was Read More »

Taiwan steps out from China shadow in trade deal bid

AJOT | August 05, 2010 | International Trade

Taiwan and Singapore said they are exploring a trade agreement in what would be a major breakthrough for Taiwan after decades of being overshadowed by China, which considers the self-ruled island its own. Read More »

Mitsubishi Heavy to build Montenegro wind farm

AJOT | August 05, 2010 | International Trade

Japan's Mitsubishi Heavy Industries Ltd signed a 70 million euro ($91.86 million) deal with Montenegro's government for the construction of a 50-megawatt wind park in the Adriatic state.

Montenegro's Deputy Prime Minister Branko Lazovic said Read More »

Thailand wants cooperation on rice with Vietnam

AJOT | August 05, 2010 | International Trade

Thailand, the world's top rice exporter, wants to revive cooperation in the rice sector with Vietnam, currently the second-biggest exporter, in a bid to stabilise prices, the Thai commerce minister said. Read More »

German industry orders surge but slowdown seen ahead

AJOT | August 05, 2010 | International Trade

German manufacturing orders rose by 3.2 percent on the month in June due to strong foreign demand, surpassing expectations and sending the euro higher.

The rise, which compared with a consensus forecast for a gain of 1.5 percent, was aided by Read More »

USTR Kirk confident of trade pact progress this year

AJOT | August 05, 2010 | International Trade

The Obama administration's top trade official said "real progress" could be made in the long-stalled Doha round of world trade talks by the end of 2010.

Political changes will help spur momentum for the World Trade Organization talks, now in Read More »

Russia to introduce duty on some stainless steel

AJOT | August 05, 2010 | International Trade

A Russian government commission said on Thursday it will introduce a three-year anti-dumping duty on stainless flat-rolled steel containing nickel from South Africa, Brazil, Korea and China. Read More »

JSC Transafe Logistics chooses Volga-Dnepr Airlines for delviery of oil refinery equipment

AJOT | August 05, 2010 | Air Cargo

Russian logistics provider, JSC Transafe Logistics called in Volga-Dnepr Airlines to meet its short deadline to deliver a complex out-of-gauge shipment of oil refinery equipment. Read More »

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