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Issue #583 | Forest Products

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2014 Media Kit

Intermodal

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Premium Article  Quonset Point secures Federal rail grant

AJOT | April 10, 2011 | Energy | Intermodal

The Port of Davisville/Quonset Point received a major boost last week, as the US Department of Transportation awarded $4.5 million for freight and commuter rail links. But the rail development is but one aspect as a study targets offshore wind power stagi Read More »

Deutsche Bahn takes whisper brake a stage further

AJOT | April 10, 2011 | Intermodal

Deutsche Bahn is speeding up the Europe-wide introduction of whisper brakes: the 'Europe Train', which has been traveling throughout Europe since December, arriving in Berlin after putting a new type of whisper brake ' the LL block ' through its paces bef Read More »

CN makes acquisition of 1,000-plus domestic containers

AJOT | April 10, 2011 | Intermodal

-CN announced the acquisition of more than 1,000 new domestic containers to better serve manufacturers and distributors of grocery and consumer goods in domestic markets across Canada and grow the railway's participation in the segment. Read More »

Globaltrans sees 2011 growth

AJOT | April 03, 2011 | Intermodal

Russia's largest private freight operator Globaltrans expects around 20 percent sales growth in 2011 on the back of a stronger economy and may bid for state-controlled Freight One when it comes up for sale.

The company, seen as a barometer for the Rus Read More »

Mexican tribunal OKs Grupo Mexico railroad merger

AJOT | March 30, 2011 | Intermodal

A Mexican tribunal ruled in favor of Grupo Mexico in its fight to merge its two railroad units, throwing out a complaint by competition authorities, the company and the antitrust regulator said.

Grupo Mexico, which owns copper mines in Mexico, Peru an Read More »

Czech CD cargo to bid for Polish PKP unit

AJOT | March 28, 2011 | Intermodal

Czech state-owned rail cargo firm CD Cargo will look to bid for a majority stake in Polish state railways PKP's cargo unit, Czech newspaper E15 reported.

E15 said the tender for the 50 percent plus one share stake in PKP Cargo could be worth up to 13 Read More »

Jindal Saw to buy logistic firm to ramp up scale

AJOT | March 24, 2011 | Intermodal

Steel pipemaker Jindal Saw Ltd is in talks to acquire a logistic firm that operates container trains and owns terminals for about 1-1.5 billion rupees and expects to close the deal in three months, its managing director said.

"We are planning to acqui Read More »

US railroad Q1 volume up at least 5%

AJOT | March 24, 2011 | Intermodal

Railroad carload volume is up at least 5 percent in the first quarter, despite unusually disruptive winter storms, and should keep growing with the economy this year, several railroad executives said at a conference.

"We feel good about 2011," Wick Mo Read More »

Canada moves to improve railway grain service

AJOT | March 24, 2011 | Intermodal

Ottawa will move to quell complaints by western Canadian farmers about poor rail freight service by giving grain shippers more clout in ensuring consistent operations, but is taking no immediate steps to penalize railways for bad performance. Read More »

Goldman Sachs raises CSX to buy, cuts Canadian Pacific

AJOT | March 24, 2011 | Intermodal

Goldman Sachs upgraded CSX Corp to "buy" rating, saying the railroad company's attempts to cut structural costs will boost margins and that it will benefit from rising demand for coal.

Goldman, however, cut Canadian Pacific , Canada's second biggest r Read More »

CN critical of Rail Freight Service Review final report

AJOT | March 24, 2011 | Intermodal

CN expressed its serious concerns about the final report of the Rail Freight Service Review (RFSR) panel that was issued and its disappointment with the Government's response.

While CN is pleased that, in releasing the report, the Government recognize Read More »

UAE’s first federal rail link to be ready in early 2013

AJOT | March 24, 2011 | Intermodal

The United Arab Emirates' Etihad Rail said its first route will be completed in early 2013 between Habshan and Ruwais in Abu Dhabi as part of its 40 billion dirhams ($10.9 billion) project to build a rail network.

The first route will transport granul Read More »

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