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Issue #590 | Perishables | Mediterranean | Middle East | Africa Trade

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Mediterranean | Middle East | Africa Trade

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2014 Media Kit

Intermodal

Page 131 of 214 pages ‹ First  < 129 130 131 132 133 >  Last ›

Canadian Pacific Q2 profit falls on flooding woes

AJOT | July 27, 2011 | Intermodal

Canadian Pacific Railway reported a 23 percent fall in second-quarter profit as harsh weather and prolonged flooding hampered railroad operations.

Canada's second-biggest railroad said April-June profit fell to C$128 million ($135.7 million), or 75 Ca Read More »

Norfolk Southern Q2 profit beats estimates

AJOT | July 27, 2011 | Intermodal

U.S. railroad Norfolk Southern Corp reported higher quarterly profit that beat Wall Street forecasts, with the coal and intermodal sectors leading a double-digit revenue increase.

Fuel costs and tight truck capacity have driven more shipments to the r Read More »

ATA truck tonnage index jumped 2.8% in June

AJOT | July 25, 2011 | Intermodal

The American Trucking Associations' advance seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 2.8% in June after decreasing a revised 2.0% in May 2011. May's drop was slightly less than the 2.3% ATA reported on June 27, 2011. The latest gain Read More »

Union Pacific sees rail oil shipments quadrupling

AJOT | July 25, 2011 | Intermodal

Union Pacific Corp, the largest publicly held U.S. railroad, said it it expects to quadruple the amount of oil it carries this year from the Bakken shale formation in North Dakota to U.S. Gulf Coast refineries.

"We'll probably quadruple the amount thi Read More »

CN Rail second-quarter earnings rise 4%

AJOT | July 25, 2011 | Intermodal

Canadian National Railway Co reported a 4 percent increase in quarterly earnings on Monday as freight volumes rose and revenues increased across commodity groups.

The increase in earnings came despite difficulties including floods in Western Canada, f Read More »

Vitran Q2 lags Street on weak US operations

AJOT | July 25, 2011 | Intermodal

Canadian trucking company Vitran Corp posted a wider-than-expected quarterly loss, despite a 23 percent rise in revenue, hurt partly by weakness in its U.S. operations.

"Our U.S. LTL (less than truckload) operation had a significant challenge working Read More »

YRC completes restructuring, appoints new CEO

AJOT | July 25, 2011 | Intermodal

U.S. trucker YRC Worldwide Inc named transportation industry veteran James Welch as its new chief executive, effective immediately, and revamped its board after completing a financial restructuring.

Welch, who has more than 30 years of experience in t Read More »

Kansas City Southern Q2 profit rises

AJOT | July 25, 2011 | Intermodal

U.S. railroad company Kansas City Southern reported higher quarterly results driven by robust auto, intermodal and coal segments, and said revenue growth in the second half would surpass the first half.

Midwest flooding disrupted traffic for some of t Read More »

Landstar results top estimates

AJOT | July 24, 2011 | Intermodal

Freight transportation and logistics company Landstar System Inc posted a higher-than-expected quarterly profit, sending shares up more than 6 percent to their highest level in nearly three years.

The company said strong pricing and an improving freig Read More »

Rail, roads need upgrade as Paranagua port expands

AJOT | July 24, 2011 | Intermodal

Authorities should improve road and rail links to Paranagua in southern Brazil as part of the expansion of the port, said Plinio Nastari, head of the Datagro sugar consultancy.

Paranagua port plans a $1.6 billion expansion that will increase its capac Read More »

Werner Enterprises Q2 results beat Street

AJOT | July 24, 2011 | Intermodal

Trucking and logistics company Werner Enterprises Inc's quarterly results topped estimates helped by higher revenues due to contractual rate increases.

For the second quarter, net income was $27.5 million, or 38 cents a share, compared with $20.9 mill Read More »

Swift Transportation posts Q2 profit

AJOT | July 24, 2011 | Intermodal

U.S. trucker Swift Transportation posted a second-quarter profit, helped by strengthening demand and higher pricing.

Swift, whose tractors covered 1.5 billion miles in 2010, was boosted by a 4.3 percent increase in trucking volumes and a 4.7 percent i Read More »

Union Pacific profit up, sees stronger second half

AJOT | July 24, 2011 | Intermodal

Union Pacific Corp, the largest publicly held US railroad, reported higher quarterly earnings as freight volumes increased and it raised prices, and the company said it expected to perform even more strongly in the second half of the year.

Union Pacif Read More »

CSX raises export coal estimate, sees hiring up

AJOT | July 24, 2011 | Intermodal

CSX Corp raised its estimate for export coal shipments to a new all-time high, which it expects will help drive record 2011 results.

The company also plans to increase average headcount by about 4 percent this year to support growing demand as well as Read More »

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