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Issue #583 | Forest Products

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2014 Media Kit

Intermodal

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Construction to begin on I-81 rail corridor improvements

AJOT | February 03, 2008 | Intermodal

The Virginia Department of Rail and Public Transportation (DRPT) announced the execution of an agreement for I-81 rail corridor improvements to benefit rail operations in Virginia. The $57 million contract signed with Norfolk Southern in January is a maj Read More »

Norfolk Southern reports strong Q4, 2007 results

AJOT | February 03, 2008 | Intermodal

Norfolk Southern Corporation reported record fourth-quarter 2007 net income of $399 million, an increase of four percent, compared with $385 million for fourth-quarter 2006. Diluted earnings per share were $1.02, up seven percent, compared with the $0.95 Read More »

$11mln to assist Baltimore in upgrading Broening Highway

AJOT | January 31, 2008 | Intermodal

Maryland's Governor Martin O'Malley announced $11 million to assist Baltimore City in upgrading Broening Highway, the road that serves as the gateway to the Port of Baltimore. This economic development project will improve access to the Port of Baltimore Read More »

ABF Freight System, Inc., Teamsters tentative contract

AJOT | January 31, 2008 | Intermodal

ABF Freight System, Inc.', the largest subsidiary of Arkansas Best Corporation, announced that it has reached a tentative collective bargaining agreement with the International Brotherhood of Teamsters (IBT) for a new five-year labor agreement. Under the Read More »

BNSF $2.45 billion capital commitment program

AJOT | January 31, 2008 | Intermodal

BNSF Railway Company (BNSF) announced its planned $2.45 billion capital commitment program for 2008. BNSF anticipates leasing 200 locomotives with a cost of about $400 million and investing over $200 million in track and facilities to expand capacity to c Read More »

Canadian Pacific grows in 2007

AJOT | January 31, 2008 | Intermodal

Canadian Pacific Railway Limited announced its fourth-quarter and full year results for 2007. In the fourth quarter, net income increased to $342 million in 2007 compared with $146 million in 2006 primarily due to lower future Canadian income tax rates. F Read More »

FMCSA asked to approve pilot ‘roadability’ data project

AJOT | January 27, 2008 | Intermodal

Six organizations with extensive transportation industry expertise are asking the Federal Motor Carrier Safety Administration (FMCSA) to approve a pilot program that would facilitate and expedite the implementation of the final 'roadability' rules upon th Read More »

Valley Transportation leases space at ITTC

AJOT | January 27, 2008 | Intermodal

The Allen Group, one of the nation's expert developers of rail and intermodal served logistics parks, announced that Valley Transportation has leased space at the International Trade and Transportation Center (ITTC) in Shafter, CA. Read More »

CSX reports strong earnings growth in Q4

AJOT | January 23, 2008 | Intermodal

CSX Corporation reported fourth quarter 2007 net earnings of $365 million, or 86 cents per share, including a penny per share from insurance gains. In the fourth quarter of last year, the company reported earnings of $347 million, or 75 cents per share, i Read More »

CN and UTU announce tentative labor pact

AJOT | January 21, 2008 | Intermodal

CN and the United Transportation Union (UTU) announced a tentative labor agreement applying to approximately 600 UTU members working on CN's former Illinois Central (IC) and Chicago, Central & Pacific (CCP) properties in the Midwest and southern US. Read More »

FedEx improves LTL services

AJOT | January 17, 2008 | Intermodal

FedEx Freight has improved its service in key US markets, and FedEx National LTL now provides long-haul shippers with improved on-time service reliability after re-engineering its network, FedEx Freight, an operating company of FedEx Corp. announced. Read More »

European Commission releases

AJOT | January 16, 2008 | Intermodal

The European Commission has released a comprehensive compilation of existing studies on external costs in the transport sector. This handbook, jointly prepared by several transport research institutes, summarizes the state of the art as regards the valuat Read More »

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