Intermodal

California imports of crude by rail fall sharply in February from January

Reuters | April 07, 2015 | Energy | Rail and Road | Intermodal | Rail

California imported 176,203 barrels of crude by rail in February, the lowest single-month level since January 2013, the California Energy Commission said on Tuesday. Read More »

CenterPoint Properties announces the acquisition of 1800 Lower Road, Linden, NJ

AJOT | April 06, 2015 | Intermodal | Road | Ports & Terminals

CenterPoint Properties has announced the acquisition of a 386,296 square foot port-proximate industrial facility at 1800 Lower Road, Linden, New Jersey. Jeffery Miller of Lee & Associates represented CenterPoint in the transaction. CenterPoint has acquired 23 properties in New Jersey since entering the market in 2010, proving a strong commitment to the region. Read More »

NTSB issues ‘urgent’ recommendations to boost oil train safety

Reuters | April 06, 2015 | Intermodal | Rail

The National Transportation Safety Board on Monday called for the faster replacement of rail cars that carry flammable liquids like crude oil or ethanol, one of four urgent recommendations stemming from an investigation of recent derailments. Read More »

Million barrels of oil per day riding US rails

Reuters | April 04, 2015 | Intermodal | Rail

More than 1 million barrels of crude oil move by train across the United States every day, according to data published for the first time by the government. Read More »

Truckload turnover remained high in fourth quarter

Reuters | April 04, 2015 | Intermodal | Road

According to ATA Chief Economist Bob Costello, turnover at truckload fleets – a barometer of the driver shortage – remained very high in the fourth quarter of 2014. Read More »

Con-way Multimodal expands in Bentonville

AJOT | April 04, 2015 | Intermodal | Road

Con-way Multimodal, the freight brokerage division of San Francisco-based Menlo Logistics, today announced the expansion and relocation of its Bentonville, Arkansas, office to 1710 Commerce Drive, Suite 16. In addition to its improved locale, the company also plans to add 25 new jobs in the area. Read More »

Target to close Canadian stores by April 12

Reuters | April 04, 2015 | Intermodal | Road

Target Corp's Canadian unit said it would close the last of its 133 retail stores on April 12. Read More »

CenterPoint Properties announces a 27-building portfolio acquisition in Houston, TX

AJOT | April 04, 2015 | Intermodal | Rail

CenterPoint Properties has announced the acquisition of a 27-building transportation advantaged portfolio in Houston, Texas. The properties are located within nine business parks, and total 3.6 million square feet. Jud Clements, Rusty Tamlyn, Trent Agnew and Robby Rieke of HFF facilitated the transaction between CenterPoint and the seller. Read More »

Lynden Air Cargo flies wood bison to new home in Alaska

PR Newswire | April 04, 2015 | Air Cargo | Intermodal | Road

ANCHORAGE, Alaska, April 2, 2015 /PRNewswire/ -- Lynden Air Cargo, Alaska West Express and Alaska Marine Lines were part of a major wildlife conservation project to relocate 100 wood bison from Girdwood, AK to remote Shageluk, AK in late March. Alaska Marine Lines donated containers that were retrofitted into 'bison boxes' to hold seven animals each. The animals were trucked from Portage to Anchorage for loading into Lynden Air Cargo's Hercules aircraft and the one-hour flight to their new home near Shageluk. The animals were nearly extinct at one point and have not lived in the Shageluk area in almost a century.

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Truckload Turnover Remained High in Fourth Quarter

AJOT | April 04, 2015 | Intermodal | Road

According to ATA Chief Economist Bob Costello, turnover at truckload fleets – a barometer of the driver shortage – remained very high in the fourth quarter of 2014. Read More »

Over 61,000 U.S. bridges need structural repair

AJOT | April 04, 2015 | Intermodal | Road

An analysis of the recently-released 2014 U.S. Department of Transportation (U.S. DOT) National Bridge Inventory database finds good news and bad news when it comes to the most heavily traveled U.S. bridges. Read More »

Kion, Mitsubishi in talks to buy UniCarriers

AJOT | March 31, 2015 | Intermodal | Road | Transport Intermediaries

Germany's Kion and Mitsubishi Heavy Industries are in talks to buy Japanese forklift truck maker UniCarriers for up to 100 billion yen ($833 million), a source familiar with the matter said, confirming a Nikkei report. Read More »

Canadian trailer maker Manac to explore potential sale

Reuters | March 31, 2015 | Intermodal | Road

Manac Inc, the largest manufacturer of truck trailers in Canada, said its board has begun a strategic review to explore a potential sale or merger. Read More »

Roadrunner Transportation Systems companies earn 2014 General Motors “Supplier of the Year” awards

AJOT | March 31, 2015 | Intermodal | Road | Transport Intermediaries

Roadrunner Transportation Systems, Inc., a leading asset-light transportation and logistics service provider, has announced that two of its subsidiary companies, Active Aero Group and Rich Logistics, were named “Supplier of the Year” by General Motors. Read More »

China’s railway firms ink record 2014 profits as they look abroad

Reuters | March 31, 2015 | Intermodal | Rail

China's railway equipment makers reported record full-year profits on Monday, helped by government support that has lifted their sales abroad to countries such as the United States, Argentina and Thailand. Read More »

North Dakota’s new oil train safety checks seen missing risks

Reuters | March 31, 2015 | Intermodal | Rail

New regulations to cap vapor pressure of North Dakota crude fail to account for how it behaves in transit, according to industry experts, raising doubts about whether the state's much-anticipated rules will make oil train shipments safer. Read More »

Mitsui enters railcar leasing business in North America

AJOT | March 31, 2015 | Intermodal | Rail

Mitsui & Co., Ltd. has entered into an agreement with JA Mitsui Leasing, Ltd. and The Norinchukin Bank on their participation in Mitsui Rail Capital, LLC, which operates a railcar leasing business in North America. Read More »

Direct ChassisLink, Inc. Names Jeremy Haycock New Chief Marketing Officer

GlobeNewswire | March 30, 2015 | Intermodal | Road

Direct ChassisLink, Inc. (DCLI) announces the appointment of Mr. Jeremy Haycock to the position of Senior Vice President and Chief Marketing Officer, effective April 15, 2015. Read More »

Tanzania to spend $14 bln on railways, eyes regional hub status

Reuters | March 30, 2015 | Intermodal | Rail

Tanzania plans to spend $14.2 billion to construct a new rail network in the next five years financed with commercial loans, the transport minister said, as the country aims to become a regional transport hub. Read More »

U.S. oil train traffic mostly from Midwest to East Coast, data shows

Reuters | March 30, 2015 | Energy | Rail and Road | Intermodal | Rail

U.S. oil trains delivered more than 13.5 million barrels of crude oil from the Midwest to the East Coast in January, according to government data that gives a first of its kind snapshot of such shipments. Read More »