Intermodal

Colombia truckers strike has mixed effects on prices

AJOT | February 13, 2011 | Intermodal

Colombia's truckers strike is producing mixed effects on food prices, a key ingredient of inflation, as some independent truckers fear reprisals if they don't participate in the walkout.

Around 100,000 of the 120,000 members of a truckers association Read More »

Genesee & Wyoming Q4 rises on strong freight revenue

AJOT | February 13, 2011 | Intermodal

Genesee & Wyoming Inc , which owns and operates short-line and regional railroads, reported higher quarterly profit, helped by a rise in freight revenue.

Genesee & Wyoming said it expects its Australian business to benefit in 2011 on additional shipme Read More »

Overall intermodal volume ends 2010 up 14.7% year-over-year

AJOT | February 13, 2011 | Intermodal

International volume surged 16.9% in Q4 2010, helping to push overall intermodal volume up 14.7% for the year, according to a report released today by the Intermodal Association of North America (IANA). IANA's Intermodal Market Trends & Statistics Report Read More »

India’s railways puff slowly to private sector reform

AJOT | February 13, 2011 | Intermodal

Tentative reforms and some eye-catching projects could herald a private sector-driven shake-up of India's creaking railways, but deeper change is needed to tackle the supply bottlenecks that still crimp growth.

Once seen as a shining legacy of the Bri Read More »

Norfolk Southern to provide rail-switching services for Port of Indiana

AJOT | February 13, 2011 | Intermodal

For the first time since the Port of Indiana-Burns Harbor opened in 1970, the Lake Michigan port will have an onsite, dedicated rail-switching service. Norfolk Southern has been selected to begin providing switching services for customers of Indiana's old Read More »

Several US oil terminals plan to move crude by rail

AJOT | February 13, 2011 | Intermodal

Up to a dozen railroad terminals to load, unload and store oil are sprouting up around the United States as oil shippers turn to railroads to deliver barrels into markets where crude is priced higher.

Growing Canadian and North Dakota oil supplies are Read More »

Southeastern Freight Lines opens new service center in Charlotte, NC

AJOT | February 13, 2011 | Intermodal

Southeastern Freight Lines, a leader in regional less-than-truckload (LTL) transportation services, announces the opening of a second service center in Charlotte, N.C. in response to growing business in the region.

The new facility, located on a 30-ac Read More »

Vitran posts wider Q4 loss

AJOT | February 13, 2011 | Intermodal

North American transportation company Vitran Corp posted a wider fourth-quarter loss, hurt by higher-than-expected insurance-related expenses and increased operating costs.

Vitran, which has operations across Canada and the United States, posted a los Read More »

YRC provides new service options with mobile tools

AJOT | February 13, 2011 | Intermodal

YRC, the largest subsidiary of YRC Worldwide Inc., announced new mobile tools that allow YRC customers to track shipments, read the latest YRC news and access customer service. YRC is providing free iPhone and Android apps, along with a mobile website for Read More »

YRC reports improved 4th quarter

AJOT | February 13, 2011 | Intermodal

YRC Worldwide, the top U.S. trucker, said it saw improved operating results in the fourth quarter and reported more revenue than expected, as officials said the company was seeing volume growth and increased stability.

A year after it narrowly averted Read More »

CN, Montreal Port Authority, Montreal Gateway Terminals, Termont Montreal reach agreements…

AJOT | February 03, 2011 | Intermodal

CN, the Montreal Port Authority (MPA) and the two companies that operate the port's three key container terminals announced today two level of service agreements (LSAs) that will drive a strong focus on supply chain efficiencies.

The two agreements - Read More »

Con-way sees prices for trucking improving

AJOT | February 03, 2011 | Intermodal

Con-way Inc said prices for trucking are rising as capacity tightens.

"Pricing is not on a declining trajectory; it's on an improving trajectory," Herb Schmidt, president of Con-way Truckload, said on an analyst call on Thursday. Read More »

Ryder operating profit rises, outlook strong

AJOT | February 03, 2011 | Intermodal

Trucking and logistics company Ryder System Inc reported higher-than-expected quarterly profit and forecast double-digit revenue growth this year, lifting its shares by 4 percent.

Fourth-quarter results benefited from stronger commercial rentals and u Read More »

Railinc successfully launches new DDCT System

AJOT | February 01, 2011 | Intermodal

Railinc Corp. announced that the new Damaged and Defective Car Tracking (DDCT) system was successfully launched and is now operational for rail carriers, freight car owners and freight car repair shops. Authorized users across the rail industry are now us Read More »

TRAC Intermodal’ launches TRAC Connect’ in the Midwest and Ohio Valley

AJOT | February 01, 2011 | Intermodal

TRAC Intermodal announced that it has launched TRAC Connect throughout the Midwest and Ohio Valley to supply motor carriers directly with chassis for the pickup and delivery of CMA CGM loads. TRAC Intermodal has been selected as the preferred chassis solu Read More »

FedEx Expands LTL Offerings

AJOT | February 01, 2011 | Intermodal

FedEx Freight Corp., a subsidiary of FedEx Corp. and a less-than-truckload (LTL) market leader, significantly enhances its service offerings, launching its new unified LTL network and offering customers the choice of two levels of service from a single co Read More »

IMS Rail Switzerland AG takes over rail-based container transport services between…

AJOT | February 01, 2011 | Intermodal

Basel-based IMS Rail Switzerland and its 20-strong workforce are to take over the former traffics of ICF West with Rotterdam from February 1, 2011 in a seamless unbroken transfer of responsibility. The logistics and the shipping industry will thus be ab Read More »

Norfolk Southern profits rise, sees stronger 2011

AJOT | February 01, 2011 | Intermodal

U.S. railroad Norfolk Southern Corp said fourth-quarter net income rose 31 percent from a year ago and forecast stronger growth in 2011.

Winter storms hurt the company's network and boosted costs more than expected in December, but that volume has shi Read More »

JB Hunt posts higher quarterly profit

AJOT | February 01, 2011 | Intermodal

U.S. trucker J.B. Hunt Transport Services Inc posted a 39 percent jump in quarterly profit on strength in intermodal volumes.

JB Hunt's fourth-quarter net income was $57.9 million, or 46 cents a share, compared with $41.7 million, or 32 cents a share, Read More »

CSX sees gradual U.S. economic recovery continuing

AJOT | February 01, 2011 | Intermodal

The U.S. economy is on track for continued gradual recovery while international demand escalates, pointing to another year of robust shipments and core pricing gains for CSX Corp , the U.S. railroad company's chief executive said.

The company reported Read More »