Intermodal

Ryder profit jumps in first quarter

AJOT | April 27, 2011 | Intermodal

Trucking and logistics company Ryder System Inc said its quarterly net profit doubled on improved commercial rentals and used vehicle sales.

The company said its first-quarter net profit amounted to $25.1 million, or 48 cents per share, compared with Read More »

Weather woes weigh on Canadian Pacific results

AJOT | April 24, 2011 | Intermodal

Harsh winter weather that helped knock down Canadian Pacific Railway's first-quarter profit by 67 percent will not set back long-term efforts to improve efficiency, the company said.

This winter, avalanches buried its mainline in British Columbia and Read More »

CSX sees volume, pricing beating key economic measures

AJOT | April 24, 2011 | Intermodal

CSX Corp sees increases in shipment volume at its railroad outpacing gross domestic product and industrial product gains this year as consumer demand and its intermodal business grow.

The company, which reported record first-quarter results after the Read More »

Perma-Fix announces vompletion of rail line connecting DOE Hanford site and Perma-Fix Northwest Rich

AJOT | April 24, 2011 | Intermodal

Perma-Fix Environmental Services, Inc. announced it has completed the new rail line connecting the Department of Energy's (DOE) Hanford Site and the Perma-Fix Northwest Richland (PFNW) facility in Richland, Washington. Read More »

Hub Group Q1 profit beats market view

AJOT | April 24, 2011 | Intermodal

Hub Group Inc posted a better-than-expected quarterly profit, driven by strong growth at its intermodal segment, and forecast 2011 revenue above market expectations.

Hub Group said 2011 revenue will exceed $2.5 billion helped by its recent acquisition Read More »

Russian Railways eyes $4.5 blllion from units sale

AJOT | April 24, 2011 | Intermodal

Russia's state railway operator Russian Railways has approved the sale of stakes in its Freight One and Transcontainer units, eyeing proceeds of some $4.5 billion, chairman Alexander Zhukov told reporters.

Zhukov said Russian Railways wants to raise a Read More »

Flood forces CN, CP to close Manitoba rail lines

AJOT | April 24, 2011 | Intermodal

Flooding caused by the Red River's steady rise has forced Canadian Pacific to reroute trains on one Manitoba branch line and to close another, while Canadian National Railway has closed a secondary line.

The Manitoba government was building dikes acro Read More »

Road Systems honored with 2010 Plant Safety Award from Truck Trailer Manufacturers Association

AJOT | April 24, 2011 | Intermodal

Road Systems, Inc. (RSI), a trailer manufacturer and subsidiary of Con-way Inc. announced that it has been honored by the Truck Trailer Manufacturers Association (TTMA) with its 2010 Plant Safety Award. This is the second time that RSI has received this h Read More »

ABF earns second consecutive National LTL Carrier of the Year Award

AJOT | April 24, 2011 | Intermodal

For the second consecutive year, ABF' has been named National LTL Carrier of the Year by the National Shippers Strategic Transportation Council (NASSTRAC). The company was recognized during the NASSTRAC Conference and Expo in Orlando, Florida, April 17-20 Read More »

New research links truck crash involvement to driver history

AJOT | April 24, 2011 | Intermodal

In a study, the American Transportation Research Institute (ATRI) reveals that truck drivers with certain driving records (i.e. prior crashes, violations and convictions) are more susceptible to being involved in a future truck crash than their peers with Read More »

Kansas City Southern profits up

AJOT | April 24, 2011 | Intermodal

U.S. railroad Kansas City Southern reported first-quarter profits that were slightly higher than expected, with increased revenues driven by its automotive and intermodal business.

Those two sectors are the company's biggest growth engines, it said on Read More »

Union Pacific misses EPS estimate

AJOT | April 24, 2011 | Intermodal

Union Pacific Corp reported higher quarterly profits and revenue on increased volumes in all commodities it ships, but missed earnings forecasts.

Volume should keep expanding with the economy, producing record profits this year, and fuel surcharges wi Read More »

Special interests challenge RailAmerica safety plan

AJOT | April 24, 2011 | Intermodal

A special-interest group consisting of the American Chemistry Council; the Chlorine Institute, Inc.; The Fertilizer Institute; and PPG Industries, Inc., filed a complaint before the federal Surface Transportation Board (STB) seeking to halt implementation Read More »

DOJ, DOT & USDA to review lack of rail competition, impact on US exporters

AJOT | April 19, 2011 | Intermodal

The U.S. Departments of Transportation, Justice and Agriculture filed comments about the need for the Surface Transportation Board to take a serious look at how the lack of competition in the railroad industry is hindering U.S. exporters, particularly agr Read More »

173 ICF container wagons put up for auction

AJOT | April 14, 2011 | Intermodal

The liquidator responsible for winding up the affairs of Intercontainer-Interfrigo SA has released 173 of the container wagons in the ICF wagon fleet for online auction. Bids for these vehicles must be submitted by April 28th. Read More »

Con-way Freight donates historic first tractor to Iowa 80 Trucking Museum

AJOT | April 14, 2011 | Intermodal

Con-way Freight, a less-than-truckload (LTL) carrier and subsidiary of Con-way Inc. (NYSE: CNW), today announced it donated 'Ole Number One,' a 1983 Ford CL 9000 cab-over tractor, to the Iowa 80 Trucking Museum at a commemorative ceremony. Ole Number One Read More »

JB Hunt Q1 profit beat estimates on intermodal revenue

AJOT | April 14, 2011 | Intermodal

J.B. Hunt Transport Services Inc's first-quarter results beat analyst estimates on robust intermodal segment revenue.

Intermodal revenues rose 23 percent on a shift in shipping demand spurred by higher fuel prices prices and capacity shortages in the Read More »

NGA, NCSL, NACO, NLC release guiding principles on surface transportation

AJOT | April 14, 2011 | Intermodal

State and local officials believe that any new national vision for surface transportation requires a strong partnership among all levels of government and should follow guiding principles released jointly by the National Governors Association (NGA), the N Read More »

Old Dominion kicks off Nationwide Truck Tour in Tampa

AJOT | April 14, 2011 | Intermodal

Old Dominion Freight Line Inc. kicked off its third annual truck tour with a stop in Tampa on April 13th.

The Old Dominion Tampa Service Center hosted the first of seven stops on the 2011 Old Dominion Truck Tour. Each stop is a day-long event aimed at Read More »

BNSF Railway closes lines due to Red River flooding

AJOT | April 14, 2011 | Intermodal

The biggest railway in the Red River Valley has closed some lines due to flooding, as river levels rise and swamp fields.

BNSF Railway Co said it halted service on half-dozen rail lines in North Dakota, including around Grand Forks, Minot and Bismarck Read More »