AJOT Digital Edition | Issue #577

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Northeast Ports

Export-Import Bank

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2014 Media Kit


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TransForce receives Competition Act approval for arrangement with Vitran

AJOT | March 25, 2014 | Intermodal

Vitran Corporation Inc., a premier Canadian less-than-truckload transportation firm, has announced that Competition Act approval of TransForce Inc.'s acquisition of Vitran under the previously announced plan of arrangement (the "Arrangement") was obtained. Under the Arrangement, 2400520 Ontario Inc. (the "Purchaser"), an indirect wholly-owned subsidiary of TransForce Inc., will acquire all of the issued anoutstanding common shares of the Company, other than common shares of the Company held by the Purchaser and any affiliate of the Purchaser, for consideration of US$6.50 in cash per share. Read More »

Quebec police finish Lac-Megantic rail disaster probe

Reuters | March 24, 2014 | Intermodal

Quebec police have concluded their investigation into last July’s oil-by-rail disaster in the Quebec town of Lac-Megantic in which 47 people were killed, and have turned the file over to the public prosecutor’s office, a police spokesman said Monday. Read More »

US Energy Dept approves LNG exports from Oregon plant

Reuters | March 24, 2014 | Intermodal

Under pressure to use the United States’ energy bounty to respond to the political crisis over Ukraine, the Obama administration on Monday approved exports of liquefied natural gas from Veresen Inc’s Jordan Cove plant in Oregon. Read More »

CN proposes binding arbitration to reach contract settlement with train conductors

AJOT | March 23, 2014 | Intermodal

CN said it has proposed binding arbitration to reach a contract settlement with the Teamsters Canada Rail Conference - Conductors, Trainpersons and Yardpersons (TCRC-CTY) after the union advised that the tentative labour agreement negotiated with CN on Feb. 5, 2014, failed to ratify. This is the second tentative contract that the TCRC-CTY has not ratified this year. Read More »

New model changes from Quickloadz

AJOT | March 23, 2014 | Intermodal

The newest development in ISO container transport continues to evolve. QuickLoadz LLC of Nelsonville, Ohio has added new options for 2014 to its "one of a kind" delivery system, after completing extensive market research. Owner Sean Jones is committed to creating a platform that can be built to order by the customer, regardless of fleet size. Read More »

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