Intermodal

Con-way sees higher margins

AJOT | February 05, 2012 | Intermodal

Con-way Inc said it expects margins to rise as increased productivity more than offsets higher costs, but its shares fell following an earnings miss. Read More »

Coalition for Transportation Productivity statement on Congressional decision to study truck weight

AJOT | February 05, 2012 | Intermodal

The Coalition for Transportation Productivity (CTP), a group of 200 shippers and allied associations dedicated to safely and responsibly increasing the federal vehicle weight limit on interstate highways, expressed disappointment in the decision by the U. Read More »

Investors brace for next salvo in CP Rail battle

AJOT | February 05, 2012 | Intermodal

The activist investor rocking the caboose in Canada's usually composed rail sector needs to lay out a clear, compelling and credible turnaround plan for Canadian Pacific Railway if he wants to win over shareholders. Read More »

Ukraine bans grain cars from leaving the country

AJOT | February 05, 2012 | Intermodal

Ukraine's State Railway Administration has banned its grain railway cars from leaving the country, a spokeswoman for the body said, effectively halting railway grain exports. Read More »

US House panel rejects heavier trucks on highways

AJOT | February 05, 2012 | Intermodal

A congressional committee rejected a plan to allow heavier trucks on all U.S. highways, dealing a blow to large businesses that rely on the biggest rigs to ship their goods. Read More »

2011 record-setting year for intermodal container volume

AJOT | February 01, 2012 | Intermodal

Intermodal container volume set a new record in 2011 with 12.4 million moves, beating former record-year 2007 by a noteworthy 3.7%, according to IANA's Intermodal Market Trends & Statistics report released today. The North American intermodal industry sho Read More »

ATA leaders say House Highway Bill will improve safety, infrastructure

AJOT | February 01, 2012 | Intermodal

Leaders of American Trucking Associations praised Chairman John Mica, and other House leaders, for their work to craft a surface transportation bill that will not only make needed improvements to our nation's highway system, but will also make that system Read More »

BNSF railroad boosts capital spending to $3.9 billion

AJOT | February 01, 2012 | Intermodal

Freight railroad BNSF Railway Co, a Berkshire Hathaway company, plans to boost its capital expenditure plan to $3.9 billion this year, $400 million more than it spent in 2011, the company said. Read More »

CTP applauds progress of first federal truck productivity advancement in 30 years

AJOT | February 01, 2012 | Intermodal

The Coalition for Transportation Productivity (CTP), a group of 200 shippers and allied associations dedicated to safely and responsibly increasing the federal vehicle weight limit on interstate highways, today praised the U.S. House Committee on Transpor Read More »

FTR’s Trucking Conditions Index continues positive trend

AJOT | February 01, 2012 | Intermodal

FTR's Trucking Conditions Index, as reported in the February 2012 Trucking Update, increased in December to a reading of 7.0. This is the third consecutive month that the reading has increased reflecting an improving climate for truckers as U.S. economic Read More »

Heavy snows cause

AJOT | February 01, 2012 | Intermodal

Heavy snows in parts of Alaska are taking a deadly toll on moose as deep snowdrifts force the animals into hazardous detours on plowed roads and railroad tracks, prompting one group to seek declaration of a "moose emergency." Read More »

Landstar System Q4 beats Street on high volume

AJOT | February 01, 2012 | Intermodal

Transportation and logistics company Landstar System Inc posted quarterly results that beat market expectations, helped by higher volume and margins, and forecast strong first-quarter profit. Read More »

Old Dominion opens new container drayage facility in Washington

AJOT | February 01, 2012 | Intermodal

Following a 19 percent increase in container drayage shipments nationwide in 2011, Old Dominion Freight Line Inc. opened its first container drayage facility in the Pacific Northwest. Read More »

Canadian Pacific operating efficiency weakens

AJOT | January 31, 2012 | Intermodal

Canadian Pacific Railway said an important measure of operating efficiency weakened in the fourth quarter even as profit jumped, a trend that will likely fuel demands by CP's largest shareholder for a new CEO at the country's No. 2 railroad. Read More »

Canadian railroads sign deals with potash group

AJOT | January 31, 2012 | Intermodal

Canadian Pacific Railway said it has signed a 10-year agreement with Canpotex Ltd to transport the great majority of the marketing consortium's shipments of potash to the Pacific Coast port of Vancouver. Read More »

CN says locomotive engineers in Canada ratify new collective agreement

AJOT | January 31, 2012 | Intermodal

CN has announced that members of the Teamsters Canada Rail Conference (TCRC) have ratified a new collective agreement covering approximately 1,800 CN locomotive engineers in Canada. Read More »

CP activist shareholder will host meeting in Toronto

AJOT | January 31, 2012 | Intermodal

William Ackman's Pershing Square Capital Management will make its case to shareholders for a new CEO at Canadian Pacific Railway at a meeting on Feb. 6 in Toronto, according to a person familiar with the fund's plans. Read More »

CP’s board, management launching road show

AJOT | January 31, 2012 | Intermodal

The two sides in the battle to transform Canadian Pacific Railway will hold rival investor meetings this month as activist William Ackman seeks support for his plan for new management, and the company touts its own investment plan. Read More »

CP Rail repeats offer to Ackman as battle mounts

AJOT | January 31, 2012 | Intermodal

Canadian Pacific Railway Ltd said it stood by its offer of a board seat for activist investor William Ackman as a brewing proxy battle in Canada's usually sedate rail sector escalates. Read More »

DB Schenker offers new intermodal transport capacity between Belgium and Italy

AJOT | January 31, 2012 | Intermodal

As of the beginning February, semi-trailers can travel along the Antwerp-Novara route via intermodal transport. A new group of up to four well cars will now be coupled or decoupled in Domodossola, Italy, on the Swiss border. Read More »