Intermodal

Derailment highlights risks from oil-by-rail boom

AJOT | March 28, 2013 | Intermodal

The derailment of a Canadian Pacific Railroad train transporting crude oil in Minnesota this week underscores the policy risks inherent in delaying the Keystone XL pipeline amid unfettered growth in rail shipments of oil. Read More »

Canadian Pacific oil spill cleanup to last two days

AJOT | March 28, 2013 | Intermodal

Recovery efforts were underway to clean up an oil spill in western Minnesota, a day after a mile-long Canadian Pacific Railway train derailed, rupturing three tankers and leaking around 15,000 gallons of fuel. Read More »

TNT Express sells Chinese domestic road business to CITIC PE

AJOT | March 28, 2013 | Intermodal

TNT Express, which had announced it would sell operations in China and Brazil as part of its restructuring, did not give a price for the deal but said it expected settlement of part of the purchase price to be cleared next year. Read More »

Glencore’s Pacorini makes maiden African acquisition

AJOT | March 26, 2013 | Intermodal

Glencore's warehousing and logistics unit Pacorini has made its first move into Africa, breaking into a major growth region for its parent with the acquisition of South African logistics group Access Freight. Read More »

China to loan South Africa’s Transnet $5 billion for railway upgrades

AJOT | March 25, 2013 | Intermodal

The China Development Bank will loan South African logistics group Transnet about $5 billion to revamp its aging railways, which transport commodities including coal and iron ore, a source close to the deal said. Read More »

Globaltrans 2012 net profit down 2%

AJOT | March 24, 2013 | Intermodal

Russian freight firm Globaltrans Investment posted $311.6 million in 2012 net profit, down 2 percent from a year ago due to an increase in finance costs, the company said in a statement. Read More »

Better route planning cuts fuel use in freight sector

AJOT | March 24, 2013 | Intermodal

U.S. distributors and freight hauliers have held down diesel consumption even as their business recovers from recession by making thousands of small changes to their operations.

Improved driver training, restrictions on idling and careful route planni Read More »

Florida East Coast Railway announces the first of three new painted locomotives for 2013

AJOT | March 24, 2013 | Intermodal

Some have said it was the 'most beautiful locomotive paint scheme ever devised'. Inaugurated in 1939, The Champion is frequently recognized as the beginning of dieselization on the Florida East Coast. FEC's founder, Henry Flagler would have been proud Read More »

Louisville trucking firm first to use natural gas

AJOT | March 24, 2013 | Intermodal

M & M Cartage, a Louisville based regional truck-load carrier announced the delivery of their first dedicated CNG (Compressed Natural Gas) powered truck on March 22nd. It is the first CNG powered semi truck whose home base of operation is in Kentucky.R Read More »

US senators introduce railroad antitrust bill

AJOT | March 21, 2013 | Intermodal

Two leading US senators introduced legislation to strip railroads of their exemption from antitrust laws, arguing that the policy has led to higher costs for agricultural producers and other businesses. Read More »

Thrifty US truckers wary of pricey natural gas vehicles

AJOT | March 21, 2013 | Intermodal

US truckers considering natural gas as an alternative to high-priced diesel say the cost of vehicles that run on the cheap and cleaner-burning fuel is still too high for them to see a timely payback on their investment. Read More »

Major Florida international intermodal logistics center being prepared to welcome manufacturers, dis

AJOT | March 21, 2013 | Intermodal

With the decision by international developer Panattoni Development Company to market and develop Americas Gateway Logistics Center in Moore Haven, Fla., the master planned, 6,700-acre, international intermodal logistics center is being prepared for tenant Read More »

Indian Railway unit invites bids to raise at least 5 billion rupees via bonds

AJOT | March 21, 2013 | Intermodal

Indian Railway Finance Corp., the financing arm of Indian Railways , has invited quotes to raise at least 5 billion rupees ($92.04 million) through 10-year bonds, a term sheet showed. Read More »

ATA truck tonnage index edged higher in February

AJOT | March 19, 2013 | Intermodal

The American Trucking Associations' advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index rose 0.6% in February after increasing 1% in January. (The 1% gain in January was revised down from a 2.4% increase ATA reported on February 19, 2013.) Tonn Read More »

CN relocates forest products reload center to Port of Chicago to improve supply chain efficiencies

AJOT | March 19, 2013 | Intermodal

CN has announced the relocation of its forest products transload operation to North America Stevedoring Company, LLC's operation at the Port of Chicago to improve supply chain efficiencies for lumber customers.

The new transload facility is located ro Read More »

For Bradesco, Brazil infrastructure plan to take off next year

AJOT | March 19, 2013 | Intermodal

A much awaited jump in infrastructure spending in Brazil may only materialize next year, as investors assess the success of upcoming auctions for some projects and the impact of policies to boost growth, bankers at Bradesco BBI said in an interview. Read More »

India hopes to complete three key coal rail links in 2017

AJOT | March 19, 2013 | Intermodal

India hopes to commission three major railway lines in 2017 to move coal from existing and planned mines of Coal India Limited , the junior coal minister said, which the state-run miner considers crucial in helping it meet production targets. Read More »

Ruscon adds to container truck fleet to deliver CKD parts 
to Hyundai in St Petersburg

AJOT | March 19, 2013 | Intermodal

Ruscon, one of Russia's leading container transport operators, is taking delivery of 20 new trucks at the end of March to service its contract with Hyundai Motors. Read More »

Gas revolution to close price gap with oil

AJOT | March 14, 2013 | Intermodal

Diesel is now six times more expensive than natural gas on an energy-equivalent basis in the United States, a gap that is unsustainable. Read More »

Con-way Freight promotes McGowan to VP of Lean

AJOT | March 13, 2013 | Intermodal

Con-way Freight, a less-than-truckload (LTL) carrier and subsidiary of Con-way Inc., announced that Brian McGowan was promoted to vice president of Lean. In his new role, McGowan will oversee the rollout of Lean practices throughout the company's service Read More »