Intermodal

Union Pacific raises dividend by 15%

AJOT | November 21, 2010 | Intermodal

Union Pacific Corp the No. 1 U.S. railroad, increased its quarterly dividend for the second time this year, citing its growing free cash flow. Read More »

Russia Putin, Siemens CEO to talk rail transport

AJOT | November 21, 2010 | Intermodal

Russian Prime Minister Vladimir Putin will discuss joint projects in rail transport with the chief executive of Germany's Siemens, signalling new lucrative deals for the German firm in Russia.

The government said that Putin will inspect a new Read More »

TransCore’s N. American Freight Index reports 3rd consecutive month of record spot freight…

AJOT | November 21, 2010 | Intermodal

TransCore's North American Freight Index reported a 69 percent increase in spot market freight availability in October, compared to the previous year. This marks the third consecutive month when spot freight achieved the highest year-over-year levels sinc Read More »

CN train conductors in Canada ratify three-year labor contract agreements

AJOT | November 21, 2010 | Intermodal

CN announced that members of the Teamsters Canada Rail Conference - Conductors, Trainmen and Yardmen (TCRC-CTY) have ratified four new collective agreements with the Company.

The three-year labor contracts for approximately 2,700 CN conductor Read More »

Levelland Industrial Rail Park gets engines on track

AJOT | November 21, 2010 | Intermodal

Levelland City and Economic Development officials today got engines on track for an $8.6 million industrial rail park in the 12,866-population town just 30 miles west of Lubbock, Texas.

"We broke ground less than one year ago on this importan Read More »

Schneider National uses Vigillo to address shipper’s needs

AJOT | November 21, 2010 | Intermodal

Vigillo LLC, creators of data mining software products designed to aggregate, organize and deliver complex fleet safety information in an easy-to-read scorecard format, today announced at The National Industrial Transportation League's Annual Meeting & Tr Read More »

Russian Railways sees 2010 rail freight up 11%

AJOT | November 15, 2010 | Intermodal

Russian rail freight -- a key indicator of the country's broader economic health -- may grow by 11 percent this year, more than expected, Interfax agency cited the head of state monopoly Russian Railways as saying. Read More »

TRAC Intermodal announces the West Coast Metro Pool in Oakland & Los Angeles, CA

AJOT | November 15, 2010 | Intermodal

TRAC Intermodal announces the opening of its West Coast Metro Pool in Oakland and Los Angeles, CA, beginning operation on December 1, 2010.

The West Coast Metro Pool will provide chassis to the intermodal drayage community and steamship lines Read More »

Greenbrier Q4 loss wider than expected; sees loss in Q1

AJOT | November 11, 2010 | Intermodal

Railroad equipment supplier Greenbrier Cos Inc posted a wider-than-expected quarterly loss, hurt by lower new railcar deliveries and a slowdown in marine production rates, and said it expects to report a net loss for the current quarter.

Reve Read More »

NASSTRAC calls for release of proposed hours of service rules

AJOT | November 11, 2010 | Intermodal

A recurring theme in recent weeks has been the importance of reducing uncertainty to promote economic growth. Congress recessed for the November 2 elections without producing a new federal budget, or addressing the future of the Bush tax cuts or the estat Read More »

GI Jobs names Union Pacific Railroad one of America’s top military-friendly employers

AJOT | November 11, 2010 | Intermodal

GI Jobs has named Union Pacific Railroad as one of America's top military-friendly employers for 2010. Ranked No. 12, it is the seventh time in eight years the nation's premier career guide for military job seekers has named Union Pacific to its list. Read More »

Mexico says

AJOT | November 11, 2010 | Intermodal

Mexico will slap retaliatory tariffs on a new set of U.S. goods unless Washington moves to resolve a decade-old trucking dispute and the "clock is ticking" for action, Mexico's economy minister told Reuters.

President Felipe Calderon's govern Read More »

Trucking industry expert returns to ATA 
as Senior VP of Legislative Affairs

AJOT | November 11, 2010 | Intermodal

The American Trucking Associations (ATA) is pleased to announce the appointment of Mary Phillips as Senior Vice President of Legislative Affairs. Phillips returns to ATA after serving as Vice President of Legislative Affairs in 2005 and 2006. At that time Read More »

CN maintains leadership role in 2010 Carbon Disclosure Project

AJOT | November 11, 2010 | Intermodal

CN said it has been recognized for excellence in climate-change reporting among Canadian and global corporations surveyed by the Carbon Disclosure Project (CDP).

CN was named to the CDP's 2010 Canada 200 Carbon Disclosure Leadership Index for Read More »

Old Dominion announces rate increase

AJOT | November 09, 2010 | Intermodal

Todd Polen, Vice President of Pricing for Old Dominion Freight Line, Inc., announced from the less-than-truckload carrier's Thomasville, N.C. headquarters that the organization would be increasing its base rates effective November 15, 2010 Read More »

Russia rail freight up 6.7% in October

AJOT | November 09, 2010 | Intermodal

Russian rail freight -- a key indicator of broader economic health -- rose 6.7 percent in October from a year ago, extending its recovery trend to a full 12 months. Read More »

Southeastern Freight Lines named LTL Carrier of the Year by Home Depot

AJOT | November 09, 2010 | Intermodal

Southeastern Freight Lines, a leader in regional less-than-truckload (LTL) transportation services, has been named LTL Carrier of the Year for 2010 by The Home Depot', the nation's largest home improvement retailer. Read More »

Transnet mulls more iron ore line expansion

AJOT | November 09, 2010 | Intermodal

South African logistics group Transnet said it was studying an expansion of its ore export line to transport up to 80 million tonnes of iron ore and 12 million tons of manganese per year.

Transnet Freight Rail (TFR), the group's freight unit, Read More »

Fesco buys into TransContainer for $139 mllion

AJOT | November 09, 2010 | Intermodal

Russian shipping company FESCO said it paid $138.5 million for 12.5 percent of Russian Railways unit TransContainer during the rail group's initial public offering. Read More »

Swift Holdings raises max value of IPO by 43.8%

AJOT | November 09, 2010 | Intermodal

Swift Holdings Corp, the largest truckload carrier in North America, raised the maximum size of its initial public offering by 43.8 percent.

The company now plans to raise a maximum of just over $1 billion, it said in a regulatory filing. It Read More »