Intermodal

World Fuel Services shares fall after Quebec train wreck

AJOT | July 08, 2013 | Intermodal

Shares of World Fuel Services Corp have fallen after the company said crude oil sold by one of its units was being carried by railcars involved in the deadly train derailment in Lac-Megantic, Quebec, last weekend. Read More »

Fire was doused on train before it smashed into Quebec town

AJOT | July 07, 2013 | Intermodal

A driverless, runaway fuel train that exploded in a deadly ball of flames in the center of a small Quebec town started rumbling down an empty track just minutes after a fire crew had extinguished a blaze in one of its parked locomotives, an eyewitness sai Read More »

Quebec rail disaster shines critical light on oil-by-rail boom

AJOT | July 07, 2013 | Intermodal

The deadly train derailment in Quebec this weekend is set to bring intense scrutiny to the dramatic growth in North America of shipping crude oil by rail, a century-old practice unexpectedly revived by the surge in shale oil production. Read More »

Five die, 40 missing after Canadian freight train disaster

AJOT | July 07, 2013 | Intermodal

At least five people died and 40 were missing after a runaway train carrying crude oil derailed and exploded in the center of a small Canadian town in a disaster that raised fresh questions about shipping oil by rail. Read More »

Maine has no plans to halt oil rail shipments after Quebec tragedy

AJOT | July 07, 2013 | Intermodal

Maine has no plans to review shipments of crude through the state on rail lines after a deadly oil train derailment just across the border in Quebec's Lac-Megantic over the weekend, the state's Department of Transportation said. Read More »

One accident not enough to condemn oil transport

AJOT | July 07, 2013 | Intermodal

Every fatal accident is a terrible tragedy, prompting searching questions about how it could have happened and whether more could have been done to prevent the loss of life. Read More »

Pinnacle Freight welcomes new team members

AJOT | July 07, 2013 | Intermodal

Pinnacle Freight Systems of Edison, New Jersey has announced the addition to two new employees to its core staff: Janet Paladino as Safety Administrator, and Tony Migliore as Load Planner/Operations. Read More »

Train in Canadian derailment headed by Chicago rail veteran

AJOT | July 07, 2013 | Intermodal

The railroad whose train of tanker cars derailed and burst into an oil-fueled fire in a Canadian town is headed by a Chicago-area railroad veteran whose career included work with railways in Australia, New Zealand, Britain, Estonia and Poland. Read More »

Trains, planes and automobiles: Mexico rail freight comes of age

AJOT | July 07, 2013 | Intermodal

Slowly, like the trains that crawl past towering avenues of containers here at the country's largest rail hub, Mexico's freight business has transformed into a principal artery for the top export industries of Latin America's second-largest economy. Read More »

Brockman signs deal with Aurizon for Australia iron ore rail link

AJOT | July 02, 2013 | Intermodal

Brockman Mining Ltd said it has struck an agreement with Australia's Aurizon Holdings to develop rail and port infrastructure, a move crucial to the Chinese firm's efforts to start producing iron ore. Read More »

CN to serve new 550,000-ton per year frac sand transloading terminal in northwestern Alberta

AJOT | July 02, 2013 | Intermodal

CN announced it will start serving a new state-of-the art frac sand terminal north of Grande Prairie, Alta., starting in November 2013. Read More »

Brazil’s truckers begin strike; limited impact so far

AJOT | June 30, 2013 | Intermodal

Brazil's trucking union started a 72-hour strike that has slowed traffic in the Sao Paulo state region and might delay the movement of record soy, corn and sugar crops to ports, although it is unlikely to stop exports entirely. Read More »

Brazil’s Cosan says ALL not completing sugar shipments

AJOT | June 30, 2013 | Intermodal

Brazil's biggest sugar and ethanol producer, Cosan SA Industria e Comercio, said that logistics firm ALL America Latina Logistica SA was not completing sugar shipping contracts because it has prioritized grains shipments. Read More »

Serbia may halve $1 billion China road contract after price row

AJOT | June 30, 2013 | Intermodal

Serbia may take away part of a billion-dollar road-building contract from China's state-owned CRBC International Co which, it says, wants to put up the price by 150 million euros ($200 million), a Serbian newspaper reported. Read More »

ABF Teamster employees ratify five-year National Labor Agreement

AJOT | June 27, 2013 | Intermodal

Arkansas Best Corporation has reported that its ABF Freight System, Inc., employees represented by the International Brotherhood of Teamsters, have ratified ABF’s national collective bargaining agreement for the next five years, a critical step in helping Read More »

CenterPoint announces portfolio acquisition in Houston, TX

AJOT | June 27, 2013 | Intermodal

CenterPoint Properties announces the closing on a one million square foot, six building acquisition in Houston, Texas, for a purchase price of $42.6 million. Read More »

Canadian pension fund seals European warehouse deal with Segro

AJOT | June 27, 2013 | Intermodal

One of Canada's largest pension funds formed a joint venture with Britain's Segro for a portfolio of European warehouses, the latest global investor attracted by the high returns of industrial real estate. Read More »

Coffee warehouse B. Pacorini to open Swiss office

AJOT | June 27, 2013 | Intermodal

Coffee warehouse operator B.Pacorini has appointed a former trader to open an office in Switzerland, a coffee trading hub with purchasing centers for companies such as Starbucks and Nestle. Read More »

AASHTO statement on Foxx’s confirmation as US Transportation Secretary

AJOT | June 26, 2013 | Intermodal

The American Association of State Highway and Transportation Officials congratulated U.S. Transportation Secretary Anthony Foxx following his senate confirmation Read More »

ATA congratulates Foxx on his confirmation as DOT Secretary

AJOT | June 26, 2013 | Intermodal

Leaders from American Trucking Associations congratulated Anthony Foxx after the U.S. Senate voted unanimously to confirm him as the next U.S. Secretary of Transportation. Read More »