CN: STB can and should issue decision quickly

AJOT | November 12, 2008 | Intermodal

CN said the Surface Transportation Board (STB) should proceed quickly with a final decision on the CN's proposed acquisition of the principal lines of the Elgin, Joliet & Eastern Railway Company (EJ&E) to allow the transaction to close by the parties' Dec Read More »

FTR Associates slashes railcar forecast

AJOT | November 12, 2008 | Intermodal

FTR Associates has sharply reduced its expectations for railcar orders in 2009, in response to the fast-deteriorating condition of the general economy. The transportation and equipment forecasting firm released an interim revised rail equipment forecast f Read More »

Domestic intermodal posts best results in four years

AJOT | November 12, 2008 | Intermodal

Domestic intermodal had its best performance this quarter since the second quarter of 2004 according to a report released today by the Intermodal Association of North America. A strong 10.5% gain in domestic containers ' their strongest quarter of growth Read More »

Schneider makes list of Top Military-Friendly Employers 3rd year straight

AJOT | November 12, 2008 | Intermodal

Schneider National, Inc., a provider of transportation, intermodal and logistics services, announced it has been named to G.I. Jobs' list of Top 50 Military-Friendly Employers for the third consecutive year. At number 13, Schneider is the highest ranked t Read More »

CN acquires state-of-the art track geometry inspection vehicle

AJOT | October 29, 2008 | Intermodal

CN accepted delivery of a new track geometry vehicle for the electronic inspection of track curvature, alignment and cross-level of rail lines across its network. Read More »

The Allen Group secures $20mln loan for Dallas Logistics Hub

AJOT | October 26, 2008 | Intermodal

The Allen Group, developers of the Dallas Logistics Hub (DLH), a 6,000-acre multi-modal logistics park in Dallas, Texas, announced they have secured a $20 million bridge loan for the recapitalization of 1,031 acres within the DLH. Read More »

New L.A.-to-Indian intermodal connection hot topic at Logistics Summit

AJOT | October 26, 2008 | Intermodal

There has never been regular intermodal rail service from the thriving West Coast ports to Indiana' until now. A new partnership between the CSX and Union Pacific railroads has opened a route from Los Angeles to the CSX intermodal facility in Avon, Ind. C Read More »

Southeastern Freight Lines expands operations to Mexico

AJOT | October 26, 2008 | Intermodal

Southeastern Freight Lines, a provider of regional less-than-truckload transportation services, has expanded international operations to Mexico. Read More »

Norfolk Southern reports record Q3 2008

AJOT | October 23, 2008 | Intermodal

Norfolk Southern Corporation reported third-quarter 2008 net income of $520 million, or $1.37 per diluted share, compared with $386 million, or $0.97 per diluted share, for the same period of 2007. Third-quarter income from railway operations increased 31 Read More »

Construction begins on phase 1 of KCI Intermodal BusinessCentre

AJOT | October 23, 2008 | Intermodal

The Kansas City Aviation Department and Dallas-based Trammell Crow Company, one of the nation's largest developers and investors, have broken ground on Phase I of the KCI Intermodal BusinessCentre, an 800-acre multi-use development located on the southeas Read More »

Schneider National Bulk sharpens emergency skills

AJOT | October 22, 2008 | Intermodal

Schneider National, Inc., a provider of transportation, intermodal and logistics services with over 40 years of experience in bulk specialty chemical transportation, closed out September (Disaster Preparedness Month) by hosting an emergency preparedness e Read More »

CSX reports record Q3 earnings

AJOT | October 22, 2008 | Intermodal

CSX Corporation reported third quarter 2008 earnings from continuing operations of $382 million, or 94 cents per share. This represents a 40% increase from the same period last year. In 2007, CSX reported third quarter earnings of $297 million from contin Read More »

Penske Truck Leasing joins EPA’s SmartWaySM

AJOT | October 22, 2008 | Intermodal

Penske Truck Leasing announced its collective support and participation in the SmartWaySM Transport Partnership, an innovative collaboration between the US Environmental Protection Agency (EPA) and the freight industry designed to increase energy efficien Read More »

DB Schenker launches services to China via Trans Eurasia Express

AJOT | October 12, 2008 | Intermodal

DB Schenker, the transportation and logistics service provider of Deutsche Bahn, is to offer scheduled rail freight services to China after the festivities for the Chinese New Year in February. Under the product name of the Trans Eurasia Express, two cont Read More »

IAM ratifies accord with freight railroads

AJOT | October 12, 2008 | Intermodal

Members of the International Association of Machinists and Aerospace Workers (IAM) have approved a new agreement with the nation's major freight railroads, joining 12 other unions that had previously ratified new contracts. Read More »

CSX achieves best score in CDP report

AJOT | October 12, 2008 | Intermodal

CSX Corporation announced that it achieved the best score among Class One freight railroads in the Carbon Disclosure Project's (CDP) 2008 Report and third best in the overall Transports and Logistics category. Read More »

CN orders 232 new iron ore cars, 500-car refurbishment program

AJOT | October 09, 2008 | Intermodal

CN announced the acquisition of 232 rapid-discharge ore cars and refurbishment of 500 existing ore cars as part of a long-term plan to upgrade the company's car fleet for transporting pelletized iron ore produced in the Upper Midwest. Read More »

REZ-1, CN partner on automated chassis tracking, billing & collection

AJOT | October 09, 2008 | Intermodal

REZ-1 and CN announced the launch of an automated chassis tracking, billing and collections program at the railway's Brampton, Ont., and Vancouver, BC, intermodal terminals. CN and its chassis pool participants anticipate increased customer service, opera Read More »

CSX framework established for train control implementation

AJOT | October 09, 2008 | Intermodal

The four major Class I freight railroads confirmed their agreement to establish interoperability standards for Positive Train Control (PTC). Read More »

U.S. Xpress acquires minority interest in Smith Transport, Inc.

AJOT | October 08, 2008 | Intermodal

U.S. Xpress Enterprises, Inc. and Smith Transport, Inc. jointly announced today that the companies have completed a transaction in which U.S. Xpress Enterprises will acquire a 47% interest in Smith Transport, Inc. and its affiliated companies. Read More »