Intermodal

Harrison, tipped for CP Rail, shifted culture at CN rail

AJOT | January 16, 2012 | Intermodal

Hunter Harrison engineered a turnaround at Canadian National Railway by making his trains run on time, like dictator Mussolini promised for Italy, calling even low-ranking employees if a screen mounted in his office pointed to a problem. Read More »

Schneider National extends contract with CSX Transportation

AJOT | January 16, 2012 | Intermodal

Schneider National, Inc., a premier provider of transportation, intermodal and logistics services, has announced that it has signed a new, multiyear agreement with CSX Transportation under which the railroad will serve as one of Schneider's primary rail p Read More »

Transcontainer warns of uncertain 2012

AJOT | January 16, 2012 | Intermodal

Russian rail group Transcontainer warned of an uncertain 2012 as it reported a quadrupling of nine month profit to just under 3 billion roubles ($94.70 million). Read More »

Vale to build $1 billion rail lines in Malawi

AJOT | January 16, 2012 | Intermodal

Malawi has signed a $1 billion deal with Brazil's Vale for the construction and rehabilitation of a rail line that will transport 18 million tonnes of coal from Mozambique, government officials said. Read More »

Tennessee Express’ Manning elected IANA Chairman for 2012

AJOT | January 11, 2012 | Intermodal

The Intermodal Association of North America's Board of Directors has announced the results of its 2012 officers election. Dave Manning, long-time IANA member and President of Tennessee Express, Inc., was elected as the Association's new Chairman. Manning, Read More »

Ackman won’t try to oust entire CP board

AJOT | January 11, 2012 | Intermodal

William Ackman's Pershing Square Capital Management plans to propose a minority slate of alternate directors for Canadian Pacific Railway Ltd rather than attempt to replace the entire board, the Globe and Mail newspaper said. Read More »

Con-way Freight named Walmart’s 2011 National LTL Carrier of the Year

AJOT | January 11, 2012 | Intermodal

Con-way Freight, a less-than-truckload (LTL) carrier and subsidiary of Con-way Inc., has announced that it has been named by Walmart as its 2011 National LTL Carrier of the Year. Read More »

CSX offers pre-certified, rail-ready sites for fast-track industrial development

AJOT | January 11, 2012 | Intermodal

CSX has introduced a new program, CSX Select Sites, offering customers an easy way to access certified, rail-ready properties for a variety of industrial uses. Read More »

Funding crunch sinks Turkey mega-highway tender

AJOT | January 11, 2012 | Intermodal

Turkey cancelled a tender for an estimated $5 billion highways project after builders blamed an international funding crunch for scaring off bids for the scheme, which included a third bridge over the Bosphorus strait between Europe and Asia. Read More »

GE lands order for 43 locomotives from Transnet

AJOT | January 11, 2012 | Intermodal

General Electric Co said it booked an order for 43 railroad locomotives from South African government-owned Transnet, continuing its trend of strong demand from outside the United States Read More »

South Africa, Swaziland to build $2 billion rail line, network

AJOT | January 11, 2012 | Intermodal

South African logistics group Transnet and Swaziland Railways have agreed to build a new rail line via Swaziland that would ease congestion on a main coal export line and boost trade in the region, the companies said. Read More »

Investor to launch proxy battle vs Canadian Pacific

AJOT | January 11, 2012 | Intermodal

William Ackman's Pershing Square Capital Management is putting together a slate of proposed directors to replace the board of Canadian Pacific Railway Ltd, the activist investor said. Read More »

Saudi Arabia signs 2.3 blllion riyal rail contracts

AJOT | January 11, 2012 | Intermodal

Saudi Arabia signed three contracts worth 2.3 billion riyals ($613 million) for the construction of maintenance service buildings and five stations to support its longest railway, the North/South railway, state news agency SPA said. Read More »

Turkey will not postpone highway tender if attracts no bids

AJOT | January 11, 2012 | Intermodal

Turkey will go ahead with its plan to build a $5 billion highway, including a bridge across the Bosphorus Strait linking Europe and Asia, even if it fails to attract any bids for the tender, the country's transport minister said. Read More »

Walmart announces

AJOT | January 11, 2012 | Intermodal

Walmart is honoring 11 of its transportation suppliers for exemplary performance in delivering to Walmart distribution centers. Each year, Walmart recognizes transportation suppliers that have demonstrated excellence or exhibited significant improvement i Read More »

Freightliner Heavy Haul sign new deal with EDF Energy

AJOT | January 05, 2012 | Intermodal

The revised, long term deal gives EDF Energy increased capacity to meet its future requirements and builds upon the excellent service performance record and relationship that has developed over the last 10 years. Read More »

Rail group Faiveley targets growth in China, India

AJOT | January 05, 2012 | Intermodal

French rail equipment maker Faiveley Transport is betting on increased infrastructure demand in emerging countries and is targeting contracts in Russia, India and China, its chief executive told Reuters in an interview. Read More »

Canadian Pacific dismisses reports on CEO replacement

AJOT | January 03, 2012 | Intermodal

Canadian Pacific Railway Ltd said it was still willing to continue talks with activist investor William Ackman on the company's strategy and dismissed media reports that the railroad operator was willing to consider Ackman's nomination for CEO. Read More »

DB Schenker North Rail Express on a clear course of success

AJOT | January 03, 2012 | Intermodal

January 3rd marks a milestone in Norwegian railway history. One year ago, Schenker AS in Norway, Green Cargo in Sweden, and the Industry Sector Intermodal of European rail freight operator DB Schenker Rail started up a new train between the Norwegian capi Read More »

India’s IL&FS Transportation expects to hit order target

AJOT | January 03, 2012 | Intermodal

Infrastructure builder IL&FS Transportation Networks Ltd expects to achieve its order book target for the fiscal year ending March, even though project wins have been below expectations, Managing Director K. Ramchand said. Read More »