SDV Boston branch office relocation

AJOT | September 09, 2012 | Intermodal

SDV USA has announced the relocation and expansion of its Boston branch due to the company's recent sales growth. The 'official' move was on June 29th. Read More »

Goodman Group teams with Abu Dhabi for Japan warehouse joint venture

AJOT | September 09, 2012 | Intermodal

Australian warehouse operator Goodman Group has formed a joint venture with the Abu Dhabi Investment Council to invest $1 billion in industrial property in Japan. Read More »

ATA truck tonnage was unchanged in July

AJOT | August 21, 2012 | Intermodal

The American Trucking Associations' advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index was unchanged in July after increasing 1.1% in June. (June's gain was slightly smaller than the 1.2% increase ATA reported on July 25.) In July, the SA in Read More »

Train derailment kills two women in Maryland

AJOT | August 21, 2012 | Intermodal

A freight train derailed while crossing an overpass west of Baltimore, spilling tons of coal on top of two 19-year-old women who were sitting on the bridge and killing them, police said. Read More »

China Coal says formed JV to build coal transportation railway in China

AJOT | August 19, 2012 | Intermodal

China Coal Energy Co Ltd has formed a joint venture, with registered capital expected to gradually increase to 54 billion yuan ($8.5 billion) from 1 billion yuan, to build and operate a coal transportation railway linking northwestern China with the rest Read More »

Next hurdles for Brazil: sticky fingers, red tape

AJOT | August 19, 2012 | Intermodal

The ministry overseeing Brazil's new $66 billion infrastructure plan was also ground zero for a spectacular corruption scandal last year in which officials allegedly demanded 5 percent kickbacks on highway construction projects and then pushed carts down Read More »

Cetip sees need for foreign money in Brazil roads, rails plan

AJOT | August 15, 2012 | Intermodal

Brazil's plan to boost infrastructure and logistics investments by 133 billion reais ($65 billion) will likely require foreign money, since local savings may not be enough to fund projects, Luiz Fernando Vendramini Fleury, chief executive of securities cl Read More »

Vale may bid for new Brazil railway rights, CEO says

AJOT | August 15, 2012 | Intermodal

Brazil's Vale SA, the world's No. 2 mining company, wants to participate in auctions for new Brazilian railway concessions, the company's chief executive, Murilo Ferreira, told reporters in Brasilia.

Vale, already Brazil's largest railway operator, ho Read More »

Brazil unveils steps to boost road, railway construction

AJOT | August 14, 2012 | Intermodal

Brazil's government unveiled measures to lure up to 133 billion reais ($66 billion) in private investment for new roads and railways needed to unclog the country's transportation bottlenecks. Read More »

CN to invest $35 million in Wisconsin to serve Superior Silica Sands frac sand plant and other produ

AJOT | August 13, 2012 | Intermodal

CN Superior Silica Sands have announced a multi-year agreement to move frac sand from a new processing plant now under construction in northern Wisconsin. Read More »

CN Rail gets miner support for study of Quebec rail plan

AJOT | August 13, 2012 | Intermodal

Canadian National Railway Ltd has won backing from a group of mining companies to study the feasibility of a proposed C$5 billion ($4.9 billion) rail link in northern Quebec to ship iron ore from the isolated region. Read More »

Companies pile on perks to keep drivers truckin’

AJOT | August 13, 2012 | Intermodal

Truck stops are getting a makeover as companies add amenities to combat a growing shortage of a precious commodity: drivers. Read More »

Australian developer Goodman eyes Brazilian logistics market

AJOT | August 13, 2012 | Intermodal

Australian industrial property developer Goodman Group wants to enter the Brazilian market to tap strong demand for high-quality warehouses, and will likely make an announcement on such a move later this year, a company executive said. Read More »

Stella-Jones profit rises on robust railroad tie sales

AJOT | August 13, 2012 | Intermodal

Stella-Jones Inc, which makes wood products for railroads and utilities, reported a 21 percent rise in second-quarter profit on strong demand for railway ties. Read More »

Transoil buys 10,000 rail cars from Freight One

AJOT | August 13, 2012 | Intermodal

Transoil has increased its fleet of rail cars by around 70 percent after acquiring 10,000 from Russian rival Freight One for an undisclosed sum, to extend its lead as the country's biggest transporter of oil and refined products by rail. Read More »

International intermodal posts best quarter in a year

AJOT | August 06, 2012 | Intermodal

International growth accelerated during Q2 2012, posting its best quarterly result in a year and improving from Q1's 2.9% uptick, according to the Intermodal Association of North America's Intermodal Market Trends & Statistics report, released today. The Read More »

Canada unions present merger plan but leave divisive issues open

AJOT | August 01, 2012 | Intermodal

Two major Canadian unions unveiled a formal plan to create the country's biggest private-sector union, but left open which political party they would support, who would lead the new organization and what it would be called. Read More »

Freight revenue growth drives Genesee & Wyoming profit

AJOT | August 01, 2012 | Intermodal

Railroad operator Genesee & Wyoming Inc's profit topped estimates for a third straight quarter as a 5 percent growth in freight revenue offset declines in carload traffic. Read More »

Massachusetts lawmakers finalize major transport bill

AJOT | August 01, 2012 | Intermodal

Massachusetts lawmakers finalized a $1.39 billion bill for transportation infrastructure projects, including highway and bridge repair and railway expansion. Read More »

Russian coal miner modernizes, boosts exports

AJOT | August 01, 2012 | Intermodal

Russia's second-largest coal producer, Kuzbassrazrezugol, aims to increase exports this year and recover from a slump in output by 2016 after cutting costs and investing to modernise and improve rail shipments, its chief executive said. Read More »