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Issue #583 | Forest Products

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Forest Products

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2014 Media Kit

Intermodal

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Vitran reports improved 2011 first quarter results

AJOT | April 27, 2011 | Intermodal

Vitran Corporation Inc., a North American transportation and supply chain firm, announced financial results for the first quarter of 2011, the three-month period ended March 31, 2011 (all figures reported in $U.S.).

Vitran reported a 18.0% increase in Read More »

National Carriers chooses Blue Tree Systems

AJOT | April 27, 2011 | Intermodal

Blue Tree USA, a provider of fleet management, reefer monitoring and trailer tracking solutions, announced that National Carriers Inc. has signed a contract to install the R:COM Fleet Management System on its entire fleet of tractors and refrigerated trai Read More »

ATA truck tonnage Index rose 1.7% in March

AJOT | April 27, 2011 | Intermodal

The American Trucking Associations' advance seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 1.7 percent in March after falling a revised 2.7 percent in February 2011. The latest gain put the SA index at 115.4 (2000=100) in March, which was Read More »

Arkansas Best posts wider Q1 loss on weak pricing

AJOT | April 27, 2011 | Intermodal

Arkansas Best Corp posted a wider-than-expected quarterly loss, hurt by higher fuel costs amid a weak pricing environment, but the U.S. trucking company said its business was stabilizing with the upturn in the economy.

As the economy improves, shipper Read More »

NASSTRAC announces 2011 Member of the Year Awards

AJOT | April 27, 2011 | Intermodal

NASSTRAC recently announced that Chris Norek, Ph.D. and founding Senior Partner with Chain Connectors, Inc., an Atlanta-based supply chain consulting boutique which focuses on training and education of both large enterprises and SMBs, has been named the 2 Read More »

Russia metals exporters face rail constraints

AJOT | April 27, 2011 | Intermodal

Russian metals firms seeking to increase exports to China and other Asian buyers face an uphill struggle as they grapple with infrastructure constraints on Soviet-era rail lines in Siberia and the Far East.

Russia's two main rail lines in the region, Read More »

CN reports Q1-2011 net income of C$668 million

AJOT | April 27, 2011 | Intermodal

CN reported its financial and operating results for the first quarter ended March 31, 2011.

Claude Mongeau, president and chief executive officer, said: "Despite a very challenging winter, CN produced a solid first-quarter performance thanks to furthe Read More »

Ryder profit jumps in first quarter

AJOT | April 27, 2011 | Intermodal

Trucking and logistics company Ryder System Inc said its quarterly net profit doubled on improved commercial rentals and used vehicle sales.

The company said its first-quarter net profit amounted to $25.1 million, or 48 cents per share, compared with Read More »

Weather woes weigh on Canadian Pacific results

AJOT | April 24, 2011 | Intermodal

Harsh winter weather that helped knock down Canadian Pacific Railway's first-quarter profit by 67 percent will not set back long-term efforts to improve efficiency, the company said.

This winter, avalanches buried its mainline in British Columbia and Read More »

CSX sees volume, pricing beating key economic measures

AJOT | April 24, 2011 | Intermodal

CSX Corp sees increases in shipment volume at its railroad outpacing gross domestic product and industrial product gains this year as consumer demand and its intermodal business grow.

The company, which reported record first-quarter results after the Read More »

Hub Group Q1 profit beats market view

AJOT | April 24, 2011 | Intermodal

Hub Group Inc posted a better-than-expected quarterly profit, driven by strong growth at its intermodal segment, and forecast 2011 revenue above market expectations.

Hub Group said 2011 revenue will exceed $2.5 billion helped by its recent acquisition Read More »

Russian Railways eyes $4.5 blllion from units sale

AJOT | April 24, 2011 | Intermodal

Russia's state railway operator Russian Railways has approved the sale of stakes in its Freight One and Transcontainer units, eyeing proceeds of some $4.5 billion, chairman Alexander Zhukov told reporters.

Zhukov said Russian Railways wants to raise a Read More »

Flood forces CN, CP to close Manitoba rail lines

AJOT | April 24, 2011 | Intermodal

Flooding caused by the Red River's steady rise has forced Canadian Pacific to reroute trains on one Manitoba branch line and to close another, while Canadian National Railway has closed a secondary line.

The Manitoba government was building dikes acro Read More »

Kansas City Southern profits up

AJOT | April 24, 2011 | Intermodal

U.S. railroad Kansas City Southern reported first-quarter profits that were slightly higher than expected, with increased revenues driven by its automotive and intermodal business.

Those two sectors are the company's biggest growth engines, it said on Read More »

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