Intermodal

CN completes intra-corporate merger of Elgin, Joliet & Eastern into Wisconsin Central subsidiary

AJOT | January 01, 2013 | Intermodal

CN announced it will complete the merger of the Elgin, Joliet and Eastern Railway Company (EJ&E) into its Wisconsin Central Ltd. (WC) subsidiary, effective Jan. 1, 2013. The merger of the two rail affiliates that connect in the Chicago area will simplify Read More »

China unveils fresh steps to cut logistics costs

AJOT | January 01, 2013 | Intermodal

China has unveiled a raft of new measures to cut logistics costs, including reducing government fees levied on farm products and highway tolls, in a bid to help boost consumption. Read More »

Russia’s Sistema buys 50% stake in railcar operator

AJOT | January 01, 2013 | Intermodal

Russian oil-to-telecoms conglomerate Sistema said it bought a 50 percent stake in railcar operator Financial Alliance for 3.4 billion roubles ($112 million) as it aims to consolidate its rail assets. Read More »

CN reaches tentative labor agrmt w/ union representing signals & communications employees in Canada

AJOT | January 01, 2013 | Intermodal

CN announced it has reached a tentative agreement with the International Brotherhood of Electrical Workers (IBEW) System Council 11 to renew the labour contract for approximately 700 CN signals and communications employees in Canada. Read More »

Union Pacific to adjust signal at Texas crash site

AJOT | December 20, 2012 | Intermodal

Union Pacific Corp said that it will adjust the signal system at the Midland, Texas, train crossing where four veterans were killed when a freight train the company operated slammed into a parade float last month. Read More »

Canada orders railways to repay excess grain revenue

AJOT | December 19, 2012 | Intermodal

Canada ruled the country's two big railways, Canadian National Railway Co and Canadian Pacific Railway Ltd, earned too much money from hauling grain in the 2011/12 crop year, and ordered them to pay close to C$700,000 ($707,000). Read More »

Colombian coal railway keeps running despite night ban

AJOT | December 19, 2012 | Intermodal

Colombia's top coal railway, Fenoco, is still operating normally despite a ban on night trains by a regional environmental authority, and the company will meet with government officials to look for a solution, sources said Read More »

CP Railway says arbitrator issues Teamsters contract decision

AJOT | December 19, 2012 | Intermodal

Canadian Pacific Railway, the country's No. 2 carrier, said that a government arbitrator has issued his decision on a new labor deal with the Teamsters Canada Rail Conference, which represents some 5,000 engineers, conductors and traffic controllers. Read More »

Canada orders railways to repay excess grain revenue

AJOT | December 19, 2012 | Intermodal

Canada ruled the country's two big railways, Canadian National Railway Co and Canadian Pacific Railway Ltd, earned too much money from hauling grain in the 2011/12 crop year, and ordered them to pay close to C$700,000 ($707,000). Read More »

Night noise curbs imposed on Colombia’s main coal train

AJOT | December 18, 2012 | Intermodal

Colombia's main coal railway, Fenoco, has been told to stop running its trains at night through populated areas in the northern Cesar province so residents' sleep is not disturbed, according to a regional environmental authority. Read More »

ATA truck tonnage index rebounds 3.7% in November

AJOT | December 17, 2012 | Intermodal

The American Trucking Associations' advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index jumped 3.7% in November erasing October's 3.7% drop. (The 3.7% decrease in October was revised from a 3.8% contraction ATA reported on November 20, 2012.) Read More »

Liner ‘Cargo Incident Notification System’ is an emerging power

AJOT | December 17, 2012 | Intermodal

As a response to concerns arising from the volume of incidents and problems that regularly disrupt operations and endanger lives, property or the environment, five of the top 20 liner operators created CINS (Cargo Incident Notification System) in late 201 Read More »

California Chassis enhances Quality Assurance Programs

AJOT | December 17, 2012 | Intermodal

California Chassis, a global manufacturer of racks, enclosures, and cabinets for the telecommunications, transportation, and aerospace industries, has announced that it has significantly increased its coordinated metrology capabilities for ensuring the ti Read More »

Canada to unveil bill to improve rail service

AJOT | December 17, 2012 | Intermodal

The Canadian government will unveil long-awaited legislation on rail freight service in Winnipeg, Manitoba, the heart of the country's grain sector. Read More »

Icahn’s American Railcar offers to buy Greenbrier for $543 million

AJOT | December 17, 2012 | Intermodal

American Railcar Industries Inc, controlled by activist investor Carl Icahn, offered to buy rival railcar maker Greenbrier Cos Inc for about $543 million, reviving a nearly five-year old plan to combine the companies. Read More »

Online shopping to breathe new life into run-down sheds

AJOT | December 17, 2012 | Intermodal

Owners of run-down warehouses on the edge of European cities could be sitting on goldmines because online shopping will force firms to seek distribution sites closer to customers who think speedy delivery is the norm. Read More »

Transcontainer sees Russia market growth slowing

AJOT | December 17, 2012 | Intermodal

Russian rail group Transcontainer is expecting demand to grow more slowly next year as the country's economic growth wanes. Read More »

Fortescue talks to sell port, rail stake could unlock more iron ore

AJOT | December 16, 2012 | Intermodal

Fortescue Metals Group is in talks to sell a minority stake in its Australian port and rail assets, in a move that would let it pay down billions of dollars in debt and that could open up access to rival miners whose iron ore is stuck in the ground. Read More »

Globaltrans to buy MMK-Trans for around $300 million

AJOT | December 16, 2012 | Intermodal

Russian freight operator Globaltrans Investment has won the right to buy MMK-Trans, a subsidiary of Magnitogorsk Iron & Steel Works (MMK), the Kommersant daily said, citing several sources. Read More »

CN signs voluntary mitigation agreement with Village of Bartlett, IL

AJOT | December 13, 2012 | Intermodal

CN announced it has reached a voluntary mitigation agreement (VMA) with the Village of Bartlett, Ill., located approximately 35 miles northwest of downtown Chicago, in connection with CN's Jan. 31, 2009, acquisition of the major portion of the Elgin, Jol Read More »