Intermodal

Old Dominion Freight Line promotes two officers to Senior VP

AJOT | January 09, 2011 | Intermodal

Old Dominion Freight Line, Inc. announced the promotion of Kevin M. 'Marty' Freeman to Senior Vice President of Sales and Cecil 'Chip' E. Overbey, Jr. to Senior Vice President of Marketing, Pricing and Strategic Development. Mr. Freeman had been Vice Pres Read More »

Old Dominion Freight Line announces passing of Yowell, Executive VP & COO

AJOT | January 04, 2011 | Intermodal

Old Dominion Freight Line, Inc. regrets to announce the passing of John B. Yowell, the Company's Executive Vice President and Chief Operating Officer, on December 30, 2010. A 27-year employee of Old Dominion, Mr. Yowell had served in his current position Read More »

UPS to spend $100 mlllion on new healthcare facilities

AJOT | January 04, 2011 | Intermodal

United Parcel Service plans to open four new global healthcare distribution centers, driven by rapid demand from pharmaceutical, biotech and medical device companies.

The world's largest package delivery company said it expects to spend $100 million t Read More »

Southeastern Freight Lines launches Southeastern Logistics Solutions

AJOT | January 04, 2011 | Intermodal

Southeastern Freight Lines is launching a new subsidiary, Southeastern Logistics Solutions, that will provide expedited service and multi-modal transportation services across the nation through strategic capacity partnerships.

Initially, the primary f Read More »

ABF Global expansion reaches into the Dominican Republic with door delivery

AJOT | January 04, 2011 | Intermodal

Continuing its global expansion, ABF' is providing seamless, single-contact door delivery for customers shipping to the Dominican Republic. ABF expanded its Caribbean coverage in response to increased demand for shipping solutions from customers taking ad Read More »

Czech government mulling rail cargo merger

AJOT | January 04, 2011 | Intermodal

The Czech government is considering merging Czech rail cargo unit CD Cargo with its much larger Polish counterpart PKP Cargo in the most ambitious central European railway deal ever, daily Mlada Fronta Dnes reported. Read More »

US proposes new rest rules for truckers

AJOT | January 03, 2011 | Intermodal

The Obama administration favors giving truckers more rest, but for now is leaving open the question of whether drivers should spend fewer hours each day behind the wheel.

The Transportation Department proposed a new regulation that it hopes will end a Read More »

BNSF discount to ship US SRW wheat stirs trade

AJOT | January 03, 2011 | Intermodal

BNSF Railway announced a discounted rate for 110-car trains of soft red winter wheat headed for the Texas Gulf, an unusual destination for that class of wheat, traders said.

Only about 7 percent of U.S. soft red winter wheat exports were shipped thro Read More »

CN completes construction of Griffith, IN, rail connection

AJOT | January 03, 2011 | Intermodal

CN has completed construction of the first major rail connection built as part of the continuing integration of the Elgin, Joliet and Eastern Railway Company (EJ&E) that, when all connections are constructed, will enhance the fluidity of train movements a Read More »

CN elects Carty to its Board of Directors

AJOT | January 03, 2011 | Intermodal

CN announced that Donald J. Carty has been elected to serve on the Board of Directors of CN. Carty will join the Board on Jan. 1, 2011. Read More »

US truckers face cost squeeze in 2011

AJOT | January 03, 2011 | Intermodal

A recovering U.S. economy and a shortage of skilled drivers will force the nation's trucking industry to either pass through unpopular price hikes next year or take a hit to their profit margins.

Rising demand for consumer and industrial goods means t Read More »

TransCore’s North American Freight Index reports fourth consecutive month of near-record spot market

AJOT | December 20, 2010 | Intermodal

Since August, TransCore's spot market freight volume has exceeded same-month levels for every year since 2005, the peak year for truckload freight on the spot market. November was no exception, up 72 percent from a year ago, according to the TransCore Nor Read More »

YRC says ABF freight suit dismissed

AJOT | December 20, 2010 | Intermodal

YRC Worldwide Inc said that a U.S. District Court judge dismissed an ABF Freight System lawsuit, ruling ABF Freight does not have standing to sue YRC Worldwide or its workers' union.

ABF Freight, one of YRC's top competitors and the largest subsidiary Read More »

ATA truck tonnage index fell 0.1% in November

AJOT | December 20, 2010 | Intermodal

The American Trucking Associations' advance seasonally adjusted (SA) For-Hire Truck Tonnage Index edged 0.1 percent lower in November after increasing a revised 0.9 percent in October. In September and October, tonnage increased a total of 2.8 percent. Th Read More »

Transforce to buy Dynamex, trumps Greenbriar bid

AJOT | December 16, 2010 | Intermodal

Transforce Inc , a mid-tier Canadian trucker seeking to gain traction in niche services, said on Tuesday it agreed to buy Dynamex Inc for $248 million, trumping a rival bid from a private equity group.

Montreal-based Transforce said it offered to pay Read More »

China Shenhua to build railway for $2 blllion

AJOT | December 16, 2010 | Intermodal

China Shenhua Energy Co , the world's most valuable coal producer, said it will invest 13.5 billion yuan ($2.03 billion) into the building of a railway. Read More »

Medstr’ms Invest AB acquires all outstanding shares in Intercontainer Scandinavia AB

AJOT | December 16, 2010 | Intermodal

The Stockholm based investment company Medstr'ms Invest AB has acquired all outstanding shares in the Gothenburg based company Intercontainer Scandinavia AB. All staff will be retained on their current terms; the shuttle network within Sweden remains unch Read More »

CN’s Mongeau says company’s remarkable transformation driven by vision, innovation and execution

AJOT | December 16, 2010 | Intermodal

Claude Mongeau, president and chief executive officer of CN, said CN's rise to rail industry leader from industry laggard in "one of the most profound transformations in Canadian business history" is the product of a compelling corporate vision, continual Read More »

US office vacancy to fall slowly next year

AJOT | December 16, 2010 | Intermodal

The U.S. office vacancy rate is expected to peak next year at about the same rate as it did in the last downturn, but high unemployment and vacant space that companies are retaining are likely to drag out a recovery, according to CBRE Econometric Advisors Read More »

Senator Collins scores truck weight reform victory

AJOT | December 16, 2010 | Intermodal

The Coalition for Transportation Productivity (CTP), a group of 180 shippers and allied associations dedicated to responsibly increasing federal weight limits on interstate highways, applauded Sen. Susan Collins (R-ME) for successfully securing a provisi Read More »