Intermodal

China’s CITIC to invest $113 billion for ‘Silk Road’ investments

AJOT | June 24, 2015 | Intermodal | Road | Rail | Ports & Terminals

China's CITIC Ltd., the state-owned conglomerate, said that its banking, securities, trust and construction divisions will jointly invest more than 700 billion yuan ($112.79 billion) to support China's "One Belt, One Road" initiative. Read More »

Daimler Trucks reports stronger US, west European demand

AJOT | June 24, 2015 | Intermodal | Road | International Trade

Daimler Trucks' full order books in the United States and western Europe are helping to more than offset weak markets in Asia and Latin America, the company said. Read More »

Southeastern Freight Lines promotes Lovelace to Senior VP of Corporate Planning and Development

AJOT | June 24, 2015 | Intermodal | Road

Southeastern Freight Lines, the leading provider of regional less-than-truckload (LTL) transportation services, announced that Woody Lovelace has been promoted to senior vice president of corporate planning and development. Read More »

Wal-Mart to impose charges on suppliers as its costs mount

AJOT | June 24, 2015 | Intermodal | Road

Wal-Mart Stores will begin charging fees to almost all vendors for stocking their items in new stores and for warehousing inventory, raising pressure on suppliers as the world’s largest retailer battles higher costs from wage hikes. Read More »

Fines or shutdown loom for U.S. railroads over tech deadline

Reuters | June 24, 2015 | Intermodal | Rail

U.S. commuter and freight railroads may be forced to suspend service or face daily fines beginning Jan. 1, unless Congress extends its year-end deadline for implementing new safety technology, lawmakers were told on Wednesday. Read More »

CII seeks 2015 Newark Connie Award nomination

AJOT | June 24, 2015 | Intermodal

The Containerization & Intermodal Institute (CII) is seeking nominations for the 2015 annual Connie Award to be held at a luncheon on December 7 at The Newark Club. Read More »

Veterans transition into civilian Jobs as commercial truck and bus drivers in record numbers

PR Newswire | June 24, 2015 | Intermodal | Road

More than 10,000 veterans and active duty personnel have now taken advantage of the U.S. Department of Transportation's Federal Motor Carrier Safety Administration (FMCSA) Military Skills Test Waiver Program. Read More »

U.S. to fine railroads that fail to implement PTC safety system

Reuters | June 24, 2015 | Intermodal | Rail

U.S. railroads that fail to implement a safety technology system known as positive train control, or PTC, will face federal fines beginning Jan. 1, the top federal railroad regulator said on Wednesday. Read More »

Truck It Smart Loadboard Users to Benefit from Integration with ScoopMonkey.com

PR Newswire | June 24, 2015 | Intermodal | Road

Truck It Smart, LLC, a user-friendly load board and freight-matching site, has partnered with ScoopMonkey.com, an industry reviews site to provide truckers and brokers the ability to manage company ratings and reviews. Read More »

Hank Bartos to assume interim leadership role at Con-way Truckload

AJOT | June 24, 2015 | Intermodal | Road

Con-way Inc. announced today that Hank M. Bartos has been named interim president of Con-way Truckload, the company’s nationwide full-truckload carrier based in Joplin, Mo. Read More »

Exxon suspends drilling from 3 platforms off Santa Barbara, California

Reuters | June 23, 2015 | Energy | Intermodal | Road

Exxon Mobil Corp has suspended offshore production from three drilling platforms along the Santa Barbara, California, coastline following last month’s rupture of a pipeline that carries crude oil away to refineries, the company said on Tuesday. Read More »

CAGTC applauds DRIVE Act’s creation of freight program, call for freight investment

AJOT | June 23, 2015 | Intermodal | Road

The Senate Environment and Public Works Committee (EPW Committee) has introduced a six-year surface transportation reauthorization proposal that would create a funded freight investment program.  Read More »

ATA Truck Tonnage Index rose 1.1% in May

AJOT | June 23, 2015 | Intermodal | Road

American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index increased 1.1% in May, following a revised loss of 1.4% during April. In May, the index equaled 132.1 (2000=100). The all-time high is 135.8, reached in January 2015. Read More »

US court dismisses challenge to California oil train law

AJOT | June 23, 2015 | Intermodal | Rail

A federal court has thrown out a lawsuit challenging a California state law requiring spill response plans and other safety measures for trains transporting crude oil, ruling that the matter was not yet “ripe” for review. Read More »

South Africa’s Transnet agrees $230 million loan to build trains

AJOT | June 23, 2015 | Intermodal | Rail

South African state-owned transport group Transnet will borrow 2.8 billion rand ($230 million) from Germany's KfW Development Bank to help fund the country's biggest ever locomotive acquisition, the state news agency. Read More »

Canada files charges in 2013 Lac-Megantic oil train crash

AJOT | June 23, 2015 | Intermodal | Rail

The Canadian government on Monday charged the Montreal Maine & Atlantic Canada Railway Ltd, its affiliate and eight people with violating federal railway safety and environmental laws in connection with a 2013 oil train crash that killed 47 people and flattened the heart of the Quebec village of Lac-Megantic. Read More »

Broken wheel caused fiery 2014 derailment of Canada oil train

AJOT | June 23, 2015 | Intermodal | Rail

The fiery January 2014 derailment of a Canadian National Railway Co crude oil train in New Brunswick was caused by an undetected flaw that broke a wheel, the Transportation Safety Board of Canada said. Read More »

Two injured after New York train, truck collide

AJOT | June 23, 2015 | Intermodal | Road

Two people were injured and several firefighters were being monitored for smoke inhalation after a freight train and a tractor-trailer collided and caught fire near a cereal plant in upstate New York, a fire official said. Read More »

Georgia workers win $2.2 million in ‘devious defecator’ case

AJOT | June 23, 2015 | Intermodal | Road

A federal jury in Georgia has awarded $2.2 million to two workers whose DNA was illegally tested after they were suspected of defecating in their company's warehouse. Read More »

Canadian Pacific Rail says cooperating with safety probe

Reuters | June 22, 2015 | Intermodal | Rail

Canadian Pacific Railway Ltd said on Monday it is cooperating with a new federal safety investigation, after a media report raised allegations that it failed to apply adequate brakes when parking a train carrying flammable oil on a mountain slope in British Columbia. Read More »