Intermodal

ATA presents trucking industry leaders with Security, Leadership Awards

AJOT | May 13, 2010 | Intermodal

American Trucking Associations' Supply Chain Security & Loss Prevention Council (SCS&LPC) presented its 2010 Excellence in Security Award to Schneider National, Inc. of Green Bay, Wis. and its Leadership Award to Richard Martin, Corporate Director of Secu Read More »

TransCore announces truckload rate exchange for spot market freight

AJOT | May 13, 2010 | Intermodal

TransCore introduces Truckload Rate Exchange program for spot market rates. The Truckload Rate Exchange is a consortium currently comprising truckload intermediaries (freight brokers and 3PLs) that anonymously pool rate data based on actual invoiced spot Read More »

CN modal shift protocol to help British Columbia meet greenhouse gas emissions targets

AJOT | May 13, 2010 | Intermodal

CN has pioneered a modal shift protocol that will create new carbon offset project opportunities for British Columbia's transportation sector, CN President and Chief Executive Officer Claude Mongeau announced today.

Pacific Carbon Trust (PCT) Read More »

Retail container traffic to be up 10% in May

AJOT | May 13, 2010 | Intermodal

Import cargo volume at the nation's major retail container ports is expected to be up 10 percent in May with double-digit increases expected into this fall as the U.S. economy improves, according to the monthly Global Port Tracker report released today by Read More »

Genesee & Wyoming April carloads jump 16%

AJOT | May 13, 2010 | Intermodal

Short-line railroad operator Genesee & Wyoming Inc said carloads for April jumped 16 percent, its highest rise in more than a year. Read More »

Economy and freight tonnage growing after recession

AJOT | May 13, 2010 | Intermodal

As the United States economy recovers from the worst post-war recession, freight transportation is poised for a sustained recovery as well, the American Trucking Associations reports in its newly released ATA U.S. Freight Transportation Forecast to 202 Read More »

Intermodal market share sets record in Q1 2010 according to FTR analysis

AJOT | May 13, 2010 | Intermodal

Intermodal transport's share of U.S. long-haul truck traffic reached record highs in the first quarter of 2010 a recent analysis by FTR Associates shows. Both total intermodal movements and movements of domestic intermodal equipment reached new market sh Read More »

Greenbrier, WL Ross buy $230 mlllion railcar portfolio

AJOT | May 09, 2010 | Intermodal

Railroad equipment supplier Greenbrier Cos and private equity firm WL Ross & Co said they have jointly acquired a lease portfolio of nearly 4,000 railcars valued at about $230 million. Read More »

CN signs voluntary mitigation agreement with Barrington Hills, IL

AJOT | May 09, 2010 | Intermodal

CN announced it has reached a voluntary mitigation agreement (VMA) with the Village of Barrington Hills, Ill., located approximately 40 miles northwest of Chicago, addressing the municipality's environmental and safety concerns with CN's acquisition of th Read More »

NASSTRAC names ABF National LTL Carrier of the Year

AJOT | May 09, 2010 | Intermodal

ABF Freight System, Inc., has been named National LTL Carrier of the Year by the National Shippers Strategic Transportation Council (NASSTRAC). The selection of ABF' was announced April 26, 2010, during the NASSTRAC Conference and Expo in Orlando, Florida Read More »

CN says its precision railroading model and customer-centric

AJOT | May 09, 2010 | Intermodal

CNI said that customer-focused innovation and balanced accountability among transportation partners are the keys to improving the effectiveness of Canada's logistics supply chain. Read More »

New DB Schenker terminal in Sofia starts operation

AJOT | May 09, 2010 | Intermodal

The new DB Schenker logistics terminal near the Bulgarian capital of Sofia is now fully starting operation. As one of the most modern freight hubs in the country, the logistics center interconnects successfully rail and road traffic, with two private sidi Read More »

USDA finds trucks best serve time-sensitive demands of agricultural shippers

AJOT | May 09, 2010 | Intermodal

Trucks provide America's agriculture producers with the best service for transporting time-sensitive products from supplier to farm and farm to market, said a study released April 27 by the U.S. Department of Agriculture (USDA), in coordination with the U Read More »

Union Pacific raises dividend, capex spending

AJOT | May 09, 2010 | Intermodal

No. 1 U.S. railroad Union Pacific Corp will increase its dividend 22 percent, dedicate more money to capital spending, and resume share buybacks under an existing program. Read More »

Pacer surprise quarterly profit

AJOT | May 09, 2010 | Intermodal

Pacer International posted a surprise quarterly profit on an improving freight market.

Pacer's results also indicate its turnaround strategy was on track, even after giving up a significant part of its business. Read More »

Caterpillar buys rail maintenance company

AJOT | May 09, 2010 | Intermodal

Caterpillar Inc said on Friday its Progress Rail Services division is buying FCM Rail Ltd, which leases equipment for maintaining railroads and track. Read More »

Clean trucks program reduces truck pollution under current 
transportation law,...

AJOT | May 09, 2010 | Intermodal

The debate over the Port of Los Angeles' effort to ban drayage truck owner-operators is not about clean air or reducing the environmental footprint at the Ports of Los Angeles and Long Beach, Robert Digges, Jr. Vice President and Chief Counsel of the Amer Read More »

Brazil’s ALL to invest $570 mlllion in 2010

AJOT | May 09, 2010 | Intermodal

Investments by Brazilian railway operator America Latina Logistica are set to grow to 1 billion reais ($570 million) in 2010, with its business little-affected by the global economic crisis, Chief Executive Bernardo Hees.

"Last year, we grew, Read More »

CN presents Safe Handling Awards to shippers

AJOT | May 09, 2010 | Intermodal

CN announced the winners of its Safe Handling Awards for 2009. These awards are among the most coveted and respected in the industry. In all, 110 companies were presented with the Safe Handling Awards at a special ceremony here.

"On behalf of Read More »

CP Rail cautiously optimistic as profit surges

AJOT | April 29, 2010 | Intermodal

Canadian Pacific Railway Ltd reported a 74 percent jump in quarterly profit as cost cuts and higher freight volumes pushed its results above analysts' expectations and sent its shares up 5 percent. Read More »