Intermodal

Canaveral Hosts Community Talk on Rail & Intermodal Transportation

AJOT | May 04, 2015 | Intermodal | Ports & Terminals | Landside Service | Ports

The Canaveral Port Authority (CPA) last night (April 30th) held the first of a series of community meetings to discuss the importance of rail and intermodal transportation to the future of Brevard County and the central Florida region. Read More »

US senators propose fee for use of older tank cars

AJOT | May 04, 2015 | Intermodal | Rail

U.S. senators yesterday introduced legislation that they say would speed up the phasing out of older tank cars used to transport crude oil by rail. Read More »

SMART Transportation Division applauds DOT’s tank car rule

AJOT | May 04, 2015 | Energy | Rail and Road | Intermodal | Rail

Department of Transportation (DOT) announced its final rule for rail shipments of flammable liquids. The rule calls for enhanced safety standards for High-Hazard Flammable Trains (HHFT), including stricter tank car construction standards, the phasing out of older tank car models, the use of electronically controlled pneumatic brakes (ECP), and will make permanent previously announced speed restrictions. Read More »

BNSF Railway CEO says investments from capital plan should ‘last forever’

Reuters | May 02, 2015 | Intermodal | Rail

Berkshire Hathaway’s BNSF railroad is “forever better” after a capital program last year boosted capacity following complaints about congestion, BNSF chief executive told Reuters on Saturday. Read More »

Berkshire profit up 10% as railroad rebounds

Reuters | May 01, 2015 | Intermodal | Rail

Warren Buffett’s Berkshire Hathaway Inc on Friday said first-quarter profit rose 10 percent, and operating results easily beat forecasts, boosted by its railroad and insurance businesses and gains from derivatives. Read More »

North American rail industry angered by new brake rule

Reuters | May 01, 2015 | Intermodal | Rail

U.S. regulators took on the powerful rail industry on Friday, announcing plans to require expensive, high-tech braking technology the railways insist is unproven and unreliable. Read More »

California port truckers end strike after four days

Reuters | May 01, 2015 | Intermodal | Road | Ports & Terminals | Ports

Southern California port truckers seeking recognition as employees rather than contractors ended a strike of freight-hauling companies on Friday after four days of picketing that drew attention to their cause but did little to disrupt cargo shipments. Read More »

AFPM Statement on DOT Enhanced Tank Car Standards

GlobeNewswire | May 01, 2015 | Intermodal | Rail

The American Fuel & Petrochemical Manufacturers reacted to the new Enhanced Tank Car Standards announced today by the Department of Transportation with the following statement from AFPM Executive Vice President Brendan Williams Read More »

U.S. crude rail rules to include disputed brake mandate

Reuters | April 30, 2015 | Intermodal | Rail

An oil train safety plan for the United States and Canada to be announced on Friday will include an unexpected mandate on the rail industry to adopt an advanced braking system, industry sources familiar with the rules said. Read More »

Roadrunner Transportation Systems names Goodgion President of Transportation Management Solutions

AJOT | April 30, 2015 | Intermodal | Road

Roadrunner Transportation Systems, Inc. has announced the hiring of William Goodgion as president of the company’s Transportation Management Solutions (TMS) segment. Goodgion will be responsible for overseeing the entire TMS segment, which is comprised of leading Roadrunner companies including Group Transportation Services, Marisol International, and Unitrans International. Read More »

Old Dominion Freight Line announces first-quarter earnings

AJOT | April 30, 2015 | Intermodal | Road

Old Dominion Freight Line, Inc. announced financial results for the three-month period ended March 31, 2015. Revenue was $696.2 million, a 12.2% increase from $620.3 million for the first quarter of 2014. Net income grew 36.3% to $62.5 million from $45.9 million for the first quarter of 2014. Earnings per diluted share increased 37.7% to $0.73 for the first quarter of 2015 from $0.53 for the comparable prior-year quarter. Old Dominion's operating ratio improved 200 basis points to 85.1% from 87.1% for the first quarter of 2014. Read More »

Con-way reports 2015 first-quarter results

AJOT | April 30, 2015 | Intermodal | Road

Con-way Inc. has announced first-quarter 2015 net income of $21.8 million, or 37 cents per diluted share. In the first quarter of 2014, Con-way reported net income of $12.9 million, or 22 cents per diluted share. Read More »

Weak coal, strong dollar undermine Norfolk Southern profit

Reuters | April 30, 2015 | Intermodal | Rail

U.S. railroad Norfolk Southern Corp reported a lower net profit, sparked by a drop in coal volumes as utilities burned more lower-cost natural gas and U.S. exporters were hurt by the strong dollar. Read More »

Driver’s react to XPO’S $3.5 billion spending spree

AJOT | April 30, 2015 | Intermodal | Road | Ports & Terminals

On Tuesday, XPO Logistics (NYSE: XPO), whose port truck drivers at subsidiaries Pacer Cartage (“Pacer”) and Harbor Rail Transport (“HRT”) are currently on strike at the Ports of Los Angeles and Long Beach and at Pacer facilities adjacent to the U.S.-Mexico Border, announced the acquisition of French 3PL Norbert Dentressangle for $3.5 Billion in cash and debt. Read More »

China trainmakers seek control of Bombardier’s rail unit

Reuters | April 29, 2015 | Intermodal | Rail

China’s top two trainmakers have been in discussions with Bombardier Inc about possibly buying a controlling stake in the Canadian company’s railway unit, two sources with direct knowledge of the matter said. Read More »

Grupo Mexico eyes rail unit IPO as soon as market allows

Reuters | April 29, 2015 | Intermodal | Rail

Mexican mining, transport and infrastructure company Grupo Mexico said on Wednesday it plans to launch the initial public offering (IPO) of its ITM rail unit as soon as market conditions allow. Read More »

First WIM System to Obtain OIML Certification

AJOT | April 29, 2015 | Intermodal | Road

Kistler Lineas® strip sensors are now OIML-certified for low to medium-speed vehicle weighing. Kistler announced that it has obtained the OIML R-134 certificate for its Weigh-In-Motion (WIM) system consisting of Lineas quartz WIM sensors and the Kistler WIM Data Logger. Kistler is the first WIM manufacturer to have received an OIML certificate for vehicle weighing with strip sensors from 3 to 65 km/h. As OIML R-134 is the international metrology standard for legal weighing applications, the certificate paves the way for the use of Kistler WIM systems in applications such as weight-based toll collection and automatic weight enforcement. Read More »

NMA and OOIDA Dispute Split-Speed Limit Safety Claims by American Trucking Associations

AJOT | April 29, 2015 | Intermodal | Road

NMA and OOIDA issued a joint statement questioning claims made by the ATA that all trucks need speed limiters programmed to 65 mph. Read More »

Axle test might have averted North Dakota oil train crash

Reuters | April 28, 2015 | Intermodal | Rail

A more stringent inspection of old tank car axles might have prevented an explosive BNSF train collision in Casselton, North Dakota, in December 2013, according to documents posted by the National Transportation Safety Board. Read More »

Chinese rail firm signs $5.5 billion worth of deals in Africa

Reuters | April 28, 2015 | Intermodal | Rail

China Railway Construction Corp Ltd (CRCC) has signed two deals worth a combined $5.5 billion for construction projects in Africa, Xinhua reported, as the country's railway firms increasingly flex their muscle overseas. Read More »