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Issue #589

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New York Ports

NVOCC and Freight Forwarder Review

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2014 Media Kit

Intermodal

Page 135 of 212 pages ‹ First  < 133 134 135 136 137 >  Last ›

GE to build new locomotive factory in Texas

AJOT | May 17, 2011 | Intermodal

General Electric Co plans to build a new factory to assemble railroad locomotives in Fort Worth, Texas, the largest U.S. conglomerate said.

The factory will employ about 500 people, cost about $96 million and begin operation next year, GE said. Read More »

China to invest $115 billion in railways this year

AJOT | May 12, 2011 | Intermodal

China will invest 745.5 billion yuan ($114.8 billion) in its railways in 2011, the official news agency Xinhua reported late on Friday, despite media reports that the budget would be cut following the sacking of the country's rail chief in March.

Xinh Read More »

CN makes network investments in Alberta rail corridors

AJOT | May 12, 2011 | Intermodal

CN has announced major investments to double track key segments of its high-volume main line east of Edmonton, add capacity to its rail line to the oil sands region of northern Alberta, and improve velocity at its Walker Yard freight car classification fa Read More »

CSX to split stock, raise dividend, buy shares

AJOT | May 04, 2011 | Intermodal

CSX Corp announced a 3-for-1 stock split, a 38 percent quarterly dividend increase and a $2 billion share repurchase program.

The quarterly dividend was raised to 36 cents, or 12 cents per share on a post-split basis. It is payable on June 15 for hold Read More »

FTR’s trucking conditions index continues upward trend

AJOT | May 04, 2011 | Intermodal

FTR's Trucking Conditions Index, as reported in the May Trucking Update, rose to 13.30 in March from a February reading of 9.92. A key driver for the improvement in the TCI was the ability of carriers to garner higher rates as industry capacity tightened. Read More »

GE railcar leasing unit for sale

AJOT | May 04, 2011 | Intermodal

General Electric Co has put its railcar leasing business up for sale, its second attempt in three years to offload a business that could be worth more than $3 billion, a source familiar with the situation.

GE, the largest U.S. conglomerate, has hired Read More »

Spatafore named rail industry’s top environmentalist

AJOT | May 04, 2011 | Intermodal

CSX Transportation commended Richard J. Spatafore, division engineer, Jacksonville, for receiving the 2010 Association of American Railroads' John H. Chafee Environmental Excellence Award. CSX nominated Spatafore for the award, named for the late Rhode Is Read More »

Business pushes US Congress to clear bigger trucks

AJOT | May 04, 2011 | Intermodal

Manufacturers, retailers, and other businesses are quietly working with truckers in renewing a push for U.S. government permission to operate bigger and heavier rigs, to the dismay of unions and safety advocates.

Lobbying coalitions for hundreds of co Read More »

Con-way profit beats estimates

AJOT | May 04, 2011 | Intermodal

U.S. trucking and logistics company Con-Way Inc reported quarterly profit well above estimates, and said improved pricing and fuel surcharges boosted revenue.

Con-way reported net first-quarter profit of $6.9 million, or 12 cents per share, compared w Read More »

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