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Issue #589

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2014 Media Kit

Intermodal

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

CN reports Q1-2011 net income of C$668 million

AJOT | April 27, 2011 | Intermodal

CN reported its financial and operating results for the first quarter ended March 31, 2011.

Claude Mongeau, president and chief executive officer, said: "Despite a very challenging winter, CN produced a solid first-quarter performance thanks to furthe Read More »

Ryder profit jumps in first quarter

AJOT | April 27, 2011 | Intermodal

Trucking and logistics company Ryder System Inc said its quarterly net profit doubled on improved commercial rentals and used vehicle sales.

The company said its first-quarter net profit amounted to $25.1 million, or 48 cents per share, compared with Read More »

Weather woes weigh on Canadian Pacific results

AJOT | April 24, 2011 | Intermodal

Harsh winter weather that helped knock down Canadian Pacific Railway's first-quarter profit by 67 percent will not set back long-term efforts to improve efficiency, the company said.

This winter, avalanches buried its mainline in British Columbia and Read More »

CSX sees volume, pricing beating key economic measures

AJOT | April 24, 2011 | Intermodal

CSX Corp sees increases in shipment volume at its railroad outpacing gross domestic product and industrial product gains this year as consumer demand and its intermodal business grow.

The company, which reported record first-quarter results after the Read More »

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 »

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