Intermodal

North East US winter storm causes shipping disruption

AJOT | January 28, 2015 | Intermodal | Road

Winter Storm Juno, which has brought snow and gale force winds to the North East Coast of the United States, is causing severe disruption to shipping across the entire coastline. Read More »

Canada transport watchdog concerned with Lac-Megantic response

Reuters | January 28, 2015 | Intermodal | Rail

Canada’s transport watchdog said on Wednesday it is concerned with part of the Canadian government’s response to the 2013 Lac-Megantic oil-by-rail disaster, which killed 47 people in Quebec. Read More »

Poland fines Bombardier, Thales units for alleged bid irregularities

Reuters | January 28, 2015 | Intermodal | Rail

Poland’s competition watchdog said on Wednesday it had fined the Polish units of Canada’s Bombardier and France’s Thales for alleged irregularities in a rail tender from 2011 worth over 500 million zlotys ($134 mln). Read More »

New England digs out from massive blizzard

Reuters | January 28, 2015 | Intermodal | Road

Millions in the U.S. Northeast on Wednesday started digging out from a powerful blizzard that dumped up to 3 feet of snow and led to coastal flooding around parts the region, while largely bypassing New York City. Read More »

Driver Turnover Up Slightly in Third Quarter, ATA Economist Says

PR Newswire | January 28, 2015 | Intermodal | Road

The turnover rate at large truckload carriers rose one percentage point to an annualized rate of 97% in the third quarter of 2014, according to new data released today by American Trucking Associations. Read More »

Premium Article  California Cartage President says Southern Cal harbor trucking rates could rise 100%

Stas Margaronis | January 27, 2015 | Intermodal | Road

Robert Curry, president of Long Beach-based California Cartage Company says drayage rates in Southern California ports could rise 50% - or more. Read More »

Blizzard in northeast U.S. shuts schools, business, transport

Reuters | January 27, 2015 | Intermodal | Road

A blizzard dropped more than a foot (30 cm) of snow across the northeastern United States on Tuesday, falling short of the massive predicted snowfall that prompted officials across the region to order travel bans. Read More »

Canadian railways falling short in moving grain

Reuters | January 26, 2015 | Intermodal | Rail

Canada’s two big railways are failing to meet demand for moving grain from farms to ports and North American buyers, despite government intervention, a report by a coalition of farmer and industry groups said on Monday. Read More »

China train maker CNR says secures 30 deals worth $3.9 billion

Reuters | January 26, 2015 | Intermodal | Rail

China CNR Corp Ltd , one of the country's top train makers, said it had recently signed 24.3 billion yuan ($3.9 billion) of deals with both Chinese and foreign firms. Read More »

East Coast braces, flights canceled as ‘historic’ blizzard looms

Reuters | January 26, 2015 | Air Cargo | Intermodal | Road

Light snow began falling on the U.S. East Coast on Monday morning, the first signs of a potentially historic blizzard that officials predicted would dump up to 3 feet in the coming day, snarling transportation for millions of people. Read More »

Norfolk Southern profit hurt by declining coal volumes

Reuters | January 26, 2015 | Intermodal | Rail

Norfolk Southern Corp, the No. 4 U.S. railroad, on Monday reported slightly lower fourth-quarter profit due partly to a 15 percent drop in coal revenue. Read More »

Premium Article  “Blade Runner” system gives BNSF Logistics an edge to handling wind blades

Matt Miller | January 26, 2015 | Breakbulk & Projects | Projects | Intermodal | Rail

BNSF Logistics LLC is developing a new system for transporting certain types of oversized cargo that the company says will improve handling efficiency by 25% to 35%. The initial focus is on the giant blades used in wind turbines. Read More »

Amazon, e-commerce rivals fuel commercial property boom in India

Reuters | January 25, 2015 | Intermodal | Road

Internet retailer Amazon and its fast-growing local rivals are driving a boom in commercial property leasing in India as their storage needs rise, with shoppers in the country going online to buy everything from televisions to groceries. Read More »

Kansas City Southern profit rises, expects solid 2015 growth

Reuters | January 25, 2015 | Intermodal | Rail

Regional railroad Kansas City Southern reported a higher quarterly net profit that came in well above Wall Street expectations, driven mainly by higher freight volumes, and said it expected to benefit from a growing U.S. economy in 2015. Read More »

Low oil prices to buoy transport, retail, industrial profit reports

Reuters | January 25, 2015 | Intermodal | Road

Equity investors may see a fourth-quarter earnings boost from transportation, retail and industrial companies, all seen as big beneficiaries of last year's oil price collapse. Read More »

Indonesia to form infrastructure bank to attract private investment

Reuters | January 25, 2015 | Intermodal | Rail

Indonesia's finance ministry said it plans to inject $1.63 billion into PT Sarana Multi Infrastruktur (SMI) and transform the state-owned financing firm into an infrastructure bank to help fund roads, railways and seaports with private backing. Read More »

US drivers put oil market on road to recovery

Reuters | January 25, 2015 | Intermodal | Road

U.S. gasoline demand is increasing as motorists opt for bigger vehicles and drive more, encouraged by the sharp drop in fuel prices and an improving employment market. Read More »

Teamsters lose another vote at FedEx Freight facility

Reuters | January 25, 2015 | Intermodal | Road

FedEx Corp said the Teamsters have lost a ballot among drivers at a FedEx Freight facility in West Virginia, the latest blow to the union's campaign to organize workers at the package delivery company. Read More »

Kansas City Southern profit rises, expects solid 2015 growth

Reuters | January 23, 2015 | Intermodal | Rail

Regional railroad Kansas City Southern reported a higher quarterly net profit that came in well above Wall Street expectations, driven mainly by higher freight volumes, and said it expected to benefit from a growing U.S. economy in 2015. Read More »

Kansas City Southern profit rises, beats expectations

Reuters | January 23, 2015 | Intermodal | Rail

Regional railroad Kansas City Southern on Friday reported a higher quarterly net profit that came in above Wall Street expectations, driven by rising freight volumes in particular in the automotive and energy sectors. Read More »