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 »

DB Schenker reorganizes logistics in Russia

AJOT | April 29, 2010 | Intermodal

Customers in Russia will now be offered DB Schenker's range of logistics services from a single source. Schenker Russia ZAO and Schenker Ltd. have merged their organizational structures. This will enable the company to provide even more effective solution Read More »

Genesee & Wyoming Q1 profit beats Street

AJOT | April 29, 2010 | Intermodal

Genesee & Wyoming Inc., which owns and operates short-line and regional railroads, posted a quarterly profit that beat market expectations, helped an increase in non-freight revenue. Read More »

Japan may see toll hikes despite free-highway vow

AJOT | April 29, 2010 | Intermodal

Japan's move to double the national highway toll ceiling from June, despite government vows for free highways, may set the stage for further hikes in line with the nation's ambitious greenhouse gas reduction goals. Read More »

Norfolk Southern Q1 profit tops expectations

AJOT | April 29, 2010 | Intermodal

Norfolk Southern Corp reported a stronger-than-expected quarterly profit as the rebounding U.S. economy sent volumes up across all freight categories. Read More »

RailAmerica sees $550-600 mlllion in revenue by the end of 2011

AJOT | April 29, 2010 | Intermodal

Short-line railroad operator RailAmerica Inc expects revenue to grow to $550 million to $600 million by the end of 2011, its top executive said. Read More »

Safety programs must focus on risky behaviors and crash causes, ATA tells Senate

AJOT | April 29, 2010 | Intermodal

The trucking industry has made great strides to improve safety and is now the safest it has ever been, but 'we can do more,' the American Trucking Associations (ATA) today told a subcommittee of the Senate Committee on Commerce, Science and Transportation Read More »

CN Rail earnings rise on higher volumes

AJOT | April 26, 2010 | Intermodal

Canadian National Railway posted a 21 percent jump in quarterly net income on improving freight volumes and sale of rail line near Toronto.

Canada's biggest railroad also increased its earnings estimate for the year because of the stronger ec Read More »

Kansas City Southern revenue jumps 26%

AJOT | April 26, 2010 | Intermodal

Kansas City Southern Railway Co reported better-than-expected first-quarter, saying higher volumes in most of its business lines drove double-digit gains in revenue and offered encouraging signs for the year ahead.

"A number of key economic i Read More »

Siemens transfers more shipments to rail

AJOT | April 26, 2010 | Intermodal

Under contract to Siemens, DB Schenker Rail has started to transport bogies manufactured in Graz from Passau to Hamburg. From there, they will continue by ship to China, where they are to be installed in high-speed passenger trains. Read More »

Railinc upgrades RailSight’ CLM Engine, delivers more power to customers

AJOT | April 25, 2010 | Intermodal

Enhanced Freight Car Track and Trace Data Improves Rail Fleet Management

Railinc released a major update to the RailSight' CLM (Car Location Message) engine, which delivers real-time track and trace data for freight rail. RailSight now Read More »

Shorter-haul intermodal not increasing in importance, FTR analysis shows

AJOT | April 25, 2010 | Intermodal

The share of domestic intermodal revenue movements accounted for by moves of 1,000 miles or less has declined in the past year, a recent analysis by FTR Associates shows. Domestic intermodal equipment moving less than 1,000 miles accounted for 42% of tota Read More »

Key figure of U.S. chemical demand climbs

AJOT | April 25, 2010 | Intermodal

Chemical shipments on U.S. railroads rose 8.6 percent last week, the Association of American Railroads said.

Chemicals shipments on trains, called rail car loadings, are a measure of demand for products ranging from plastics to fertilizers. Read More »

US freight companies post higher Q1 results

AJOT | April 25, 2010 | Intermodal

Freight transportation companies including Knight Transportation posted higher first-quarter results on improved volumes, and said the market was on track for a solid recovery.

"The operating environment grew increasingly positive during the Read More »

ATA seeks nominations for Fourth Annual ‘Good stuff’ Trucking Image Award

AJOT | April 25, 2010 | Intermodal

The American Trucking Associations announced that it is seeking nominations for the fourth annual Mike Russell 'Good stuff' Trucking Image Award. The award honors those that creatively generate positive awareness of the trucking industry. Read More »

DB Schenker opens most modern terminal

AJOT | April 25, 2010 | Intermodal

The most modern forwarding terminal in DB Schenker's European land transport network has opened in the Austrian town of Bergheim, near Salzburg. Around EUR 26 million was invested in the terminal, which serves as a hub for flows of goods in Europe, effici Read More »

Russian Railways presses ahead with units sale

AJOT | April 25, 2010 | Intermodal

Russian Railways will sell stakes in 18 units this year and the next as the world's top infrastructure firm presses ahead with the final stage of reforms to spur competition and fund modernization.

The company with the world's longest rail ne Read More »

Union Pacific reports 43 pct earnings jump

AJOT | April 25, 2010 | Intermodal

Union Pacific Corp reported a 43 percent jump in first-quarter earnings as business volumes gained for the first time in two years, and the No. 1 railroad offered an optimistic outlook for a continuing economic recovery.

"What a difference a Read More »

Houser Transport announces joint venture with Furniture Tech’s

AJOT | April 25, 2010 | Intermodal

Houser Transport, Inc., of Vale, N.C., is pleased to announce that it has acquired half of Furniture Tech's, a third-party logistics warehouse and home delivery firm headquartered in Ontario, Calif. Furniture Tech's will become a division of Houser Transp Read More »