Intermodal

India railways estimate 993 mlllion tons freight in 2011/12

AJOT | February 27, 2011 | Intermodal

Indian Railways Minister Mamata Banerjee estimated a freight traffic of 993 million tons in the coming financial year, in her third annual budget for state-run Indian Railways to parliament. (Reuters) Read More »

China railways minister dismissed

AJOT | February 27, 2011 | Intermodal

China's railways minister, a key figure behind the investment boom in the sector, has been dismissed after he was under investigation for "serious disciplinary violations", the official Xinhua news agency reported.

"The Standing Committee of the Natio Read More »

ATA supports proposed ban on hand-held phone use by drivers

AJOT | February 23, 2011 | Intermodal

The American Trucking Associations announced its support of the Federal Motor Carrier Safety Administration's proposed prohibition on the use of hand-held mobile phones, though it urged the agency to allow the use of hands free devices, citing agency rese Read More »

Colombia truckers’ strike could affect food prices

AJOT | February 23, 2011 | Intermodal

Following are selected highlights from a report issued by a U.S. Department of Agriculture attache in Colombia:

"The Colombian Truckers' Association is striking in protest of the government's efforts to eliminate their freight rate table, which will m Read More »

Mullen Q4 profit up on higher demand

AJOT | February 23, 2011 | Intermodal

Mullen Group , a trucking and logistics company that mostly serves the Canadian oilfield sector, posted a nearly threefold rise in its quarterly profit, helped by increased drilling for oil and gas and stronger demand for its transportation services. Read More »

Colombia Cerrejon says coal exports normal after bomb

AJOT | February 23, 2011 | Intermodal

Coal exports from major Colombian producer Cerrejon remained normal after a bombing halted a rail line in the second attack on its operations in around a month, police and the company.

Colombia, the world's No. 5 coal exporter, has seen a drop in viol Read More »

YRC Worldwide receives ‘STRONG’ Carrier of the Year Award from FreightCenter.com

AJOT | February 23, 2011 | Intermodal

FreightCenter.com, a nationwide provider of online freight and logistics software and services, has announced YRC Worldwide Inc., a leading transportation service provider, as the first recipient of its STRONG Certified Carrier of the Year Award. YRCW ear Read More »

Ohio trucking exec says traffic congestion is choking nation’s economy

AJOT | February 23, 2011 | Intermodal

Keith Tuttle, president of Motor Carrier Services Inc., Northwood, Ohio, told the House Transportation and Infrastructure Committee that congestion is choking the nation's supply chain and economy.

'As the owner of a small trucking company of 90 truck Read More »

ATA truck tonnage index surged 3.8% in January

AJOT | February 23, 2011 | Intermodal

The American Trucking Associations' advance seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 3.8 percent in January after rising a revised 2.5 percent in December 2010. The latest jump put the SA index at 117.1 (2000=100) in January, which Read More »

Trucking exec says investment needed to improve access to ports

AJOT | February 23, 2011 | Intermodal

Dick Coyle, president of Devine Intermodal, West Sacramento, Calif., told members of the House Transportation and Infrastructure Committee that Congress needed to invest in one of the biggest chokepoints in the nation's transportation system: ports. Read More »

DWS sees Chinese rail steering infrastructure boom

AJOT | February 21, 2011 | Intermodal

Europe's fifth-biggest fund manager, DWS, sees China's rail sector as offering major growth opportunities for investors within the infrastructure sector, a manager of its infrastructure-themed fund said.

The Chinese government plans to spend $120 bill Read More »

Vitran completes Milan Express LTL acquisition

AJOT | February 21, 2011 | Intermodal

Vitran Corporation Inc., a North American LTL transportation and supply chain firm, today announced that it has closed its purchase of the assets of Milan Express' LTL division ("Milan"), a regional less-than-truckload (LTL) freight carrier with operation Read More »

Russian Rail seeks direct buyer for freight unit

AJOT | February 21, 2011 | Intermodal

Russia's state railways would prefer a strategic buyer for its First Freight unit than an IPO as it seeks to raise cash quickly before its own privatisation, Chief Executive Vladimir Yakunin told Reuters Insider.

Yakunin said he hoped to raise $5-$6.5 Read More »

Mongolia to build railway link to Russian port

AJOT | February 21, 2011 | Intermodal

Land-locked Mongolia will build a 1,000 km (620 mile) railway to enable it to export its vast but largely untapped mineral wealth via a Russian port, China's Xinhua news agency reported late on Monday, citing local media.

Construction of the rail link Read More »

PECO Pallet announces acquisition by The Pritzker Group

AJOT | February 21, 2011 | Intermodal

PECO Pallet Inc. has announced that the company has been acquired by The Pritzker Group, a private investment firm owned and controlled by J.B. Pritzker and Tony Pritzker. The acquisition provides PECO Pallet with substantial equity capital to fund the co Read More »

Celadon Group tells Congress to increase investments in highway infrastructure

AJOT | February 21, 2011 | Intermodal

The United States needs to increase its investments in highway infrastructure, funding that can be obtained by raising the fuel tax, Celadon Group Inc. Chairman and CEO Steve Russell told members of Congress during a Feb. 19 listening session. Read More »

SETA reintroduced to let states
 raise interstate weight limits for trucks with additional…

AJOT | February 21, 2011 | Intermodal

The Coalition for Transportation Productivity (CTP), a group of more than 180 shippers and associations dedicated to responsibly increasing federal weight limits on interstate highways, today announced that federal truck weight reform known as the Safe an Read More »

CN Railway service level agreements bring shippers and terminal operators into shared network

AJOT | February 17, 2011 | Intermodal

Service Level Agreements that bring Canadian National Railway, container terminals, shippers and ports into a shared communications network are dramatically increasing the efficiency and transparency of the logistics chain up north. And, according to Paul Read More »

China rail boom under cloud after fall of minister

AJOT | February 17, 2011 | Intermodal

China's plans for a vast railway expansion could slow after the minister in charge came under disciplinary investigation and the official sent to sort out his ministry warned against corruption in project bids. Read More »

FTR Shippers Condition Index reflects tightening capacity

AJOT | February 17, 2011 | Intermodal

FTR Associates has lowered its Shippers Condition Index (SCI) to reflect tightening carrier capacity, particularly in the truckload sector. The February Issue of FTR's Shippers Update reported that the SCI in January stood at -8.8. The SCI sums up all mar Read More »