Intermodal

LeanLogistics launches LeanFleet’ for fleet routing and optimization

AJOT | August 11, 2011 | Intermodal

LeanLogistics, a global solutions provider of transportation management system (TMS) applications and supply chain services, announced today the launch of LeanFleet', fleet routing and optimization technology.

LeanFleet is a web-based application util Read More »

Freight solution to searing gas prices: intermodal transportation

AJOT | August 11, 2011 | Intermodal

With escalating gas prices, stricter government highway safety regulations and increased demands to protect the environment, manufacturers are aggressively seeking the most efficient means for transporting products to market. Intermodal freight transporta Read More »

Stella Jones Q2 profit rises on demand for railway ties

AJOT | August 11, 2011 | Intermodal

Stella Jones, a maker of railway ties and treated wood utility poles for electricity and telecom companies, reported a higher second-quarter profit on strong demand for maintenance and special projects.

The company also raised its semi-annual dividend Read More »

Central Freight Lines founder inducted into Texas Transportation Hall of Honor

AJOT | August 11, 2011 | Intermodal

Central Freight Lines (CFL), a leading less-than-truckload (LTL) for-hire common carrier, has announced its founder, William Woody Callan, was inducted into the Texas Transportation Institute (TTI) Hall of Honor. Mr. Callan becomes the 33rd member of the Read More »

US firms plan rail expansion to profit from oil spread

AJOT | August 11, 2011 | Intermodal

Logistics firms are accelerating plans to build crude-by-rail terminals in the United States as shippers look to transport more oil on railroads to capture massive oil price spreads between the country's northern and southern regions.

Logistics firm M Read More »

CSX investing $15 million for new intermodal terminal in Louisville

AJOT | August 03, 2011 | Intermodal

CSX has announced that a privately-funded $15 million, 34-acre intermodal terminal will be constructed in Louisville, Kentucky. The terminal, which is slated to begin operations in early 2012, will provide efficient, economical and environmentally-friendl Read More »

FTR’s trucking conditions index remains in modestly positive territory

AJOT | August 03, 2011 | Intermodal

FTR's June Trucking Conditions Index, as reported in the August Trucking Update, rose slightly to a reading of 7.7 from 7.3 in May. The reading is expected to remain in modestly positive territory until Q4 when it likely will resume climbing fueled by a c Read More »

Averitt rolls out enhanced online rate quoting where shippers can see guaranteed delivery…

AJOT | August 03, 2011 | Intermodal

Shippers seeking rate quotes from http://www.averittexpress.com now have instant access to guaranteed delivery rates in addition to standard delivery quotes. Averitt introduced the new service in order to address shippers' needs for expedited delivery. Read More »

British police step up nationwide war on metals theft

AJOT | August 03, 2011 | Intermodal

British police raided scrap yards in a nationwide campaign on Friday after steeply climbing prices of metals like copper led to a 26 percent rise in thefts this year, causing huge economic losses from halted trains and power blackouts.

Authorities are Read More »

Genesee & Wyoming Q2 beats expectations

AJOT | August 03, 2011 | Intermodal

Genesee & Wyoming Inc., which owns and operates short line and regional railroads, reported better-than-expected quarterly earnings, helped by a 70 percent rise in freight revenue.

The Greenwich, Connecticut-based company also said it agreed to buy t Read More »

Heartland Express earns FedEx Express Carrier of the Year for 2011

AJOT | August 03, 2011 | Intermodal

Heartland Express, Inc. of Iowa announced it has received two service awards from FedEx Express for fiscal year 2011 (period June 1, 2010 through May 31, 2011). Heartland is the recipient of both the FedEx "Core Carrier of the Year" award and the "Gold Aw Read More »

RWI Transportation promotes Adams to Senior Director of Operations

AJOT | August 03, 2011 | Intermodal

RWI Transportation, an asset-based logistics company that provides regional and national truckload, LTL, expedited, and refrigerated warehousing services, announced that John Adams has been named senior director of operations. Read More »

Central Freight Lines receives top honor for fleet safety

AJOT | August 03, 2011 | Intermodal

Central Freight Lines (CFL), a leading less-than-truckload (LTL) for-hire common carrier, today announced it received the 1st Place Safety Award from the Texas Motor Transportation Association (TMTA). This significant safety award honors the carrier that Read More »

CN investing US$165 million to expand Kirk Yard and relocate locomotive repair shop to Gary, Ind.

AJOT | August 03, 2011 | Intermodal

CN announced plans for a US$165-million expansion of its Kirk Yard in Gary, Ind., and relocation of its Chicago area locomotive repair shop to the upgraded freight car classification facility in Northwest Indiana.

The project will increase Kirk Yard's Read More »

Package & courier buys to deliver growth at TransForce

AJOT | August 03, 2011 | Intermodal

TransForce Inc is eyeing more acquisitions in the high-margin package and courier space to drive growth, as the Canadian trucker continues to move away from its traditional business of small freight shipping.

The company, which posted a second-quarter Read More »

Partnership with Cline a key part of CN’s export coal growth strategy

AJOT | August 03, 2011 | Intermodal

As announced previously, CN reached a definitive agreement to sell substantially all of the assets of IC RailMarine Terminal Company, located on the east bank of the Mississippi River at Convent, La., to Raven Energy, LLC, an affiliate of Foresight Energy Read More »

Arkansas Best swings to Q2 profit

AJOT | August 03, 2011 | Intermodal

Arkansas Best Corp swung to a quarterly profit that beat market estimates on healthy tonnage levels and increased account pricing, snapping its losing streak of 10 consecutive quarters.

"However, the progress made so far does not produce sufficient re Read More »

Hub Group Q2 results beats Street

AJOT | July 27, 2011 | Intermodal

Freight management company Hub Group Inc posted better-than-expected quarterly results as its intermodal segment drove sales growth.

For the April-June period, the company earned $14.4 million, or 39 cents a share, compared with $9.6 million, or 26 ce Read More »

Transportation Costing Group announces next generation product

AJOT | July 27, 2011 | Intermodal

Transportation Costing Group (TCG), the premier provider of Activity-Based Costing and Profitability Management solutions for truckload and less-than-truckload (LTL) motor carriers, today announced the availability of the next generation of its highly acc Read More »

Canadian Pacific Q2 profit falls on flooding woes

AJOT | July 27, 2011 | Intermodal

Canadian Pacific Railway reported a 23 percent fall in second-quarter profit as harsh weather and prolonged flooding hampered railroad operations.

Canada's second-biggest railroad said April-June profit fell to C$128 million ($135.7 million), or 75 Ca Read More »