Intermodal

Werner Enterprises Q2 results beat Street

AJOT | July 24, 2011 | Intermodal

Trucking and logistics company Werner Enterprises Inc's quarterly results topped estimates helped by higher revenues due to contractual rate increases.

For the second quarter, net income was $27.5 million, or 38 cents a share, compared with $20.9 mill Read More »

Swift Transportation posts Q2 profit

AJOT | July 24, 2011 | Intermodal

U.S. trucker Swift Transportation posted a second-quarter profit, helped by strengthening demand and higher pricing.

Swift, whose tractors covered 1.5 billion miles in 2010, was boosted by a 4.3 percent increase in trucking volumes and a 4.7 percent i Read More »

Union Pacific profit up, sees stronger second half

AJOT | July 24, 2011 | Intermodal

Union Pacific Corp, the largest publicly held US railroad, reported higher quarterly earnings as freight volumes increased and it raised prices, and the company said it expected to perform even more strongly in the second half of the year.

Union Pacif Read More »

YRC receives National Carrier of the Year Award from BlueGrace Logistics

AJOT | July 24, 2011 | Intermodal

YRC, the largest operating company of YRC Worldwide Inc. has been named the National Carrier of the Year for BlueGrace Logistics, a third party logistics provider that uses their transportation management technology to offer logistics services to business Read More »

CSX raises export coal estimate, sees hiring up

AJOT | July 24, 2011 | Intermodal

CSX Corp raised its estimate for export coal shipments to a new all-time high, which it expects will help drive record 2011 results.

The company also plans to increase average headcount by about 4 percent this year to support growing demand as well as Read More »

CN invests in more extended sidings in Northern Ontario to improve system velocity, productivity

AJOT | July 18, 2011 | Intermodal

CN plans to construct two more extended sidings on its Northern Ontario main line this year, bringing its investments in seven long sidings in this corridor to more than C$30 million. Two additional extended sidings, costing a total of C$10 million, are p Read More »

CN invests in more extended sidings in Northern Ontario to improve system velocity, productivity

AJOT | July 18, 2011 | Intermodal

CN plans to construct two more extended sidings on its Northern Ontario main line this year, bringing its investments in seven long sidings in this corridor to more than C$30 million. Two additional extended sidings, costing a total of C$10 million, are p Read More »

Getloaded freight matching service launches enhanced website

AJOT | July 18, 2011 | Intermodal

Getloaded launches an enhanced website to help users move freight and keep up with industry demands. Nationwide freight levels are fluctuating and experts are predicting driver shortages, creating more pressure on transportation professionals to connect q Read More »

Con-way Freight announces 2011 general rate increase

AJOT | July 18, 2011 | Intermodal

Con-way Freight, the nationwide less-than-truckload (LTL) carrier of Con-way Inc., has announced that it will institute a general rate increase averaging 6.9% applicable to non-contractual business effective Aug. 1, 2011. Read More »

Coalition for Transportation Productivity sends letter to Congress
 confronting…

AJOT | July 18, 2011 | Intermodal

The Coalition for Transportation Productivity (CTP), a group of more than 180 shippers and allied associations dedicated to responsibly increasing federal vehicle weight limits on interstate highways, today sent a letter to Congress in order to confront m Read More »

FTR Shippers Condition Index improves for second consecutive month

AJOT | July 18, 2011 | Intermodal

FTR Associates' Shippers' Condition Index (SCI) has moved upward again this month, signifying improving conditions for shippers. The current SCI as reported in the firm's July Shippers Update rose to a reading of -3.6 from the -5.4 reported last month. W Read More »

CP reopens flooded railway line in North Dakota

AJOT | July 14, 2011 | Intermodal

Canadian Pacific Railway Ltd has reopened its flooded mainline track running from southern Saskatchewan through North Dakota, five days earlier than it expected, a CP spokesman said.

The track around the city of Minot in north-central North Dakota, wa Read More »

DB Schenker Rail UK awarded SQAS safety certificate

AJOT | July 14, 2011 | Intermodal

Safety systems and processes for the transportation by rail freight of chemicals and petrol at DB Schenker Rail (UK) Ltd have been recognized by the award of a SQAS (Safety and Quality Assessment System) certificate to the company.

SQAS is a system us Read More »

JB Hunt Q2 profit, revenue rise

AJOT | July 14, 2011 | Intermodal

J.B. Hunt Transport Services Inc reported record quarterly earnings and met Wall Street forecasts, with double-digit growth in three of its four segments.

The freight transport company's intermodal segment, its largest, had the most robust profit grow Read More »

Drax Power agrees new three year contract with DB Schenker Rail UK

AJOT | July 13, 2011 | Intermodal

Drax Power, operator of the UK's largest power station, has awarded rail freight operator DB Schenker Rail UK a new three year contract to haul coal and limestone to the Drax Power Station in Yorkshire.

Under the new contract, DB Schenker Rail UK will Read More »

Flooded CP Rail line shut longer than expected

AJOT | July 13, 2011 | Intermodal

Canadian Pacific Railway Ltd. cautioned its customers that a flood-damaged line through North Dakota could be out of service for another week.

The line linking Western Canada with the U.S. Midwest has been closed since June 20, when the rain-swollen S Read More »

Transportation committee leaders roll out reauthorization proposal

AJOT | July 13, 2011 | Intermodal

Transportation Committee leaders rolled out a new six-year transportation reauthorization proposal that streamlines and reforms federal programs, expedites the project approval process, maximizes leveraging of limited resources, provides flexibility for s Read More »

French train robbers revive Wild West tactics

AJOT | July 13, 2011 | Intermodal

In a scene taken straight out of an American Wild West movie, masked men robbed a freight train in southern France after blocking the railway tracks with shopping carts and metal beams.

The daring attack on the northern outskirts of the southern Frenc Read More »

German railway goes ‘invisible’ fighting metal theft

AJOT | July 13, 2011 | Intermodal

German national rail operator Deutsche Bahn is outfitting its rails with invisible codes to try to thwart theft from black-market dealers cashing in on high commodities prices, a spokesman said. Read More »

Kansas City Southern settles hurricane insurance claim

AJOT | July 13, 2011 | Intermodal

Kansas City Southern said it has settled insurance claim for damages from Hurricane Alex for $66 million and will record a gain in the third quarter. Read More »