Intermodal

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 »

DB Schenker to offer new rail service for industry and trade on the Portugal-Germany route

AJOT | January 31, 2012 | Intermodal

Starting on February 3, DB Schenker Rail Automotive GmbH and DB Schenker's Portuguese national company, Schenker Transit'rios, S.A., will offer their customers a new regular train service between Portugal and Germany. Read More »

Norfolk Southern 4th quarter profit up

AJOT | January 31, 2012 | Intermodal

Railroad company Norfolk Southern Corp reported a bigger quarterly profit, on higher volume and double-digit revenue increases in general merchandise, coal and intermodal shipments. Read More »

President’s infrastructure proposal needs concrete funding

AJOT | January 31, 2012 | Intermodal

Following President Obama's State of the Union address, ATA President and CEO Bill Graves said the administration and Congress need to focus on finding real money. Read More »

Railcar cleaning system improves environmental performance

AJOT | January 31, 2012 | Intermodal

The Rescar Companies, which provide complete repair, maintenance, cleaning, and interior/exterior coating services to owners, lessors and users of rail tank/freight cars throughout North America, announces the opening of a new state-of-the-art railcar cle Read More »

Swift Transportation profit beats

AJOT | January 31, 2012 | Intermodal

Trucking company Swift Transportation Co posted a higher-than-expected quarterly profit, helped by improved pricing and strong freight volumes during the holiday shopping season, sending its shares up as much as 10 percent. Read More »

TransCore’s North American Freight Index records highest December freight volumes since 2005

AJOT | January 31, 2012 | Intermodal

TransCore announced that its North American Freight Index in December climbed 11 percent compared to December 2010 on the spot market, marking the second highest freight volume for December since 2005. December's Index was the fourth consecutive month whe Read More »

AMI Express launches click2ship road variant

AJOT | January 24, 2012 | Intermodal

AMI Express ' the UK express arm of Air Menzies International, the world's largest trade-only airfreight and express wholesaler ' has extended its click2ship online express product to include the UK's only wholesale express door-to-door road service, serv Read More »

Canadian Pacific signs 10-year deal with Canpotex

AJOT | January 24, 2012 | Intermodal

Canadian Pacific Railway said it signed a 10-year agreement with Canpotex Ltd to transport a large majority of shipments to the potash marketing consortium's main terminal in Vancouver, British Columbia. Read More »

CN Rail taking ex-CEO Harrison to court

AJOT | January 24, 2012 | Intermodal

In another twist to a battle brewing in Canada's usually staid rail sector, Canadian National Railway said it has halted pension and other payments worth nearly $40 million to its former chief executive, Hunter Harrison. Read More »

CN signs 10-year agreement to haul Canpotex potash volumes

AJOT | January 24, 2012 | Intermodal

CN announced it has signed a 10-year agreement, effective July 1, 2012, to transport potash volumes that Canpotex ships to export markets. Read More »

CSX results slightly miss

AJOT | January 24, 2012 | Intermodal

CSX Corp reported quarterly results that slightly missed Wall Street forecasts and the transportation company also named a new chief financial officer and chief operating officer. Read More »

Kansas City Southern Q4 earnings rise

AJOT | January 24, 2012 | Intermodal

Kansas City Southern reported higher fourth quarter earnings that slightly missed forecasts, and its stock fell 3 percent in after-hours trading. Read More »

Lack of rail cars hampers Kazakh grain exports

AJOT | January 24, 2012 | Intermodal

Kazakhstan exported around 4.1 million tons of grain and flour in the four months to Dec. 31, the Agriculture Ministry said, saying a lack of rail cars was a bottleneck as the pace appeared to lag behind its forecasts for the full year. Read More »

Canadian Pacific opens Toronto repair shop

AJOT | January 19, 2012 | Intermodal

Canadian Pacific Railway Ltd , under pressure from an activist shareholder, said that it has opened its fourth locomotive repair "super shop" in Toronto. Read More »

Con-way Freight launches iPad’ application for online shipping services

AJOT | January 19, 2012 | Intermodal

Con-way Freight, a less-than-truckload (LTL) carrier and subsidiary of Con-way Inc. announced the launch of its Con-way Freight Tools iPad' application for registered web users. The iPad app provides customers the option to create a personalized rate quot Read More »

Rain, snow slow grain movement in Pacific Northwest

AJOT | January 19, 2012 | Intermodal

Grain transportation slowed in the Pacific Northwest as heavy rain, snow and ice walloped the region, a key exporter to Asia. Read More »

Union Pacific tops forecasts

AJOT | January 19, 2012 | Intermodal

Union Pacific Corp, the No. 1 U.S. publicly held railroad, reported higher quarterly profit and revenue that beat estimates, driven by higher volume, core price gains and fuel surcharges. Read More »

Canadian Pacific earmarks C$1.2 bln in capital plan

AJOT | January 16, 2012 | Intermodal

Canadian Pacific Railway Ltd , which is under pressure from an activist shareholder, said it will invest between C$1.1 billion ($1.08 billion) and C$1.2 billion in its business operations this year. Read More »