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Issue #592

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2014 Media Kit

Intermodal

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Old Dominion expands in Chattanooga, TN

AJOT | December 11, 2014 | Intermodal | Road

Old Dominion Freight Line, Inc. today completed a significant renovation to its Chattanooga Service Center that will allow the company to enhance its LTL (less-than-truckload) services in East Tennessee. Read More »

CP Rail derailment caused by broken wheel

Reuters | December 11, 2014 | Intermodal | Rail

A Canadian Pacific Railway Ltd train carrying crude and other cargo derailed in April 2013 because of a broken wheel, which Canada's transport safety watchdog said could have been replaced but was not due to differing guidelines on when repairs should be made. Read More »

Study finds two-thirds economic benefits from road/transit investment in non-construction sector

AJOT | December 11, 2014 | Breakbulk & Projects | Projects | Intermodal | Road | Rail

Two-thirds of the economic benefits and jobs created by federal highway and transit investment occur in non-construction sectors, according to a new study. The study also finds that every dollar invested through the federal Highway Trust Fund (HTF) in state highway, bridge and public transit infrastructure programs returns 74 cents in tax revenue. Read More »

US top court rules no worker pay for security screening

Reuters | December 09, 2014 | Intermodal | Road

The U.S. Supreme Court handed a victory to employers over worker compensation, ruling that companies do not have to pay employees for the time they spend undergoing security checks at the end of their shifts in a case involving an Amazon.com Inc warehousing contractor. Read More »

GLP enters US market as it grows its fund management platform

AJOT | December 09, 2014 | Intermodal | Road

Morrison & Foerster is advising Global Logistic Properties Limited (GLP), the leading provider of modern logistics facilities in China, Japan and Brazil, in a co-investment with an affiliate of Singapore sovereign wealth fund GIC Pte. Ltd. to buy one of the largest logistics real estate portfolios in the United States from the Blackstone Group. Read More »

GLP, GIC buy US portfolio for $8.1 billion

Reuters | December 08, 2014 | Intermodal | Road

Global Logistic Properties Ltd said it had teamed up with Singaporean sovereign wealth fund GIC Pte Ltd to invest $8.1 billion in a U.S. logistics real estate portfolio, its first foray into the United States. Read More »

Canada rail safety jobs vacant as budget cuts bite

Reuters | December 08, 2014 | Intermodal | Rail

Budget cuts have left safety-related engineering positions vacant in the Canadian agency responsible for overseeing shipments of dangerous goods, government records show, fueling worries about trains moving oil across the country. Read More »

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