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Issue #589

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NVOCC and Freight Forwarder Review

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2014 Media Kit

Intermodal

Page 137 of 212 pages ‹ First  < 135 136 137 138 139 >  Last ›

Hub Group Q1 profit beats market view

AJOT | April 24, 2011 | Intermodal

Hub Group Inc posted a better-than-expected quarterly profit, driven by strong growth at its intermodal segment, and forecast 2011 revenue above market expectations.

Hub Group said 2011 revenue will exceed $2.5 billion helped by its recent acquisition Read More »

Russian Railways eyes $4.5 blllion from units sale

AJOT | April 24, 2011 | Intermodal

Russia's state railway operator Russian Railways has approved the sale of stakes in its Freight One and Transcontainer units, eyeing proceeds of some $4.5 billion, chairman Alexander Zhukov told reporters.

Zhukov said Russian Railways wants to raise a Read More »

Flood forces CN, CP to close Manitoba rail lines

AJOT | April 24, 2011 | Intermodal

Flooding caused by the Red River's steady rise has forced Canadian Pacific to reroute trains on one Manitoba branch line and to close another, while Canadian National Railway has closed a secondary line.

The Manitoba government was building dikes acro Read More »

Kansas City Southern profits up

AJOT | April 24, 2011 | Intermodal

U.S. railroad Kansas City Southern reported first-quarter profits that were slightly higher than expected, with increased revenues driven by its automotive and intermodal business.

Those two sectors are the company's biggest growth engines, it said on Read More »

Union Pacific misses EPS estimate

AJOT | April 24, 2011 | Intermodal

Union Pacific Corp reported higher quarterly profits and revenue on increased volumes in all commodities it ships, but missed earnings forecasts.

Volume should keep expanding with the economy, producing record profits this year, and fuel surcharges wi Read More »

Special interests challenge RailAmerica safety plan

AJOT | April 24, 2011 | Intermodal

A special-interest group consisting of the American Chemistry Council; the Chlorine Institute, Inc.; The Fertilizer Institute; and PPG Industries, Inc., filed a complaint before the federal Surface Transportation Board (STB) seeking to halt implementation Read More »

173 ICF container wagons put up for auction

AJOT | April 14, 2011 | Intermodal

The liquidator responsible for winding up the affairs of Intercontainer-Interfrigo SA has released 173 of the container wagons in the ICF wagon fleet for online auction. Bids for these vehicles must be submitted by April 28th. Read More »

JB Hunt Q1 profit beat estimates on intermodal revenue

AJOT | April 14, 2011 | Intermodal

J.B. Hunt Transport Services Inc's first-quarter results beat analyst estimates on robust intermodal segment revenue.

Intermodal revenues rose 23 percent on a shift in shipping demand spurred by higher fuel prices prices and capacity shortages in the Read More »

Old Dominion kicks off Nationwide Truck Tour in Tampa

AJOT | April 14, 2011 | Intermodal

Old Dominion Freight Line Inc. kicked off its third annual truck tour with a stop in Tampa on April 13th.

The Old Dominion Tampa Service Center hosted the first of seven stops on the 2011 Old Dominion Truck Tour. Each stop is a day-long event aimed at Read More »

BNSF Railway closes lines due to Red River flooding

AJOT | April 14, 2011 | Intermodal

The biggest railway in the Red River Valley has closed some lines due to flooding, as river levels rise and swamp fields.

BNSF Railway Co said it halted service on half-dozen rail lines in North Dakota, including around Grand Forks, Minot and Bismarck Read More »

UAE’s rail network on track, sees strong bidding

AJOT | April 12, 2011 | Intermodal

The United Arab Emirates' Etihad Rail will award the first contract to build a national rail network in the next three to four months, its CEO said, adding that regional unrest would not delay its plans.

The UAE has so far escaped pro-democracy protes Read More »

Train running late? Blame high copper prices

AJOT | April 12, 2011 | Intermodal

Thieves lured by surging copper prices are creating a nightmare for European railways, sparking large-scale disruption, eroding profits and damaging their reputations.

Operators are pouring money into high-tech security measures they hope will prevent Read More »

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