Intermodal

Investigators probe Tennessee train fire that forced evacuation

Reuters | July 07, 2015 | Intermodal | Rail

Investigators on Friday were looking into what caused a freight train carrying flammable and toxic gas to derail and catch fire in Tennessee, forcing the day-long evacuation of 5,000 people, officials said. Read More »

Thousands head home after Tennessee train fire forced evacuation

Reuters | July 07, 2015 | Intermodal

About 5,000 residents evacuated after the derailment of a freight train carrying flammable and toxic gas in eastern Tennessee were allowed home on Friday as investigators looked into the cause of the fiery accident. Read More »

GE Capital, Canada and Gaz Métro Join Forces to Accelerate Trucking Industry’s Move to Natural Gas

PR Newswire | July 06, 2015 | Intermodal

GE Capital, Canada and Gaz Métro Transport Solutions (GMTS), a subsidiary of Gaz Métro, announced today the signing of a strategic agreement that will facilitate the trucking industry's adoption of natural gas as a fuel in Eastern Canada. Read More »

Investigators probe Tennessee train fire that forced evacuation

Reuters | July 03, 2015 | Intermodal | Rail

Investigators on Friday were looking into what caused a freight train carrying flammable and toxic gas to derail and catch fire in Tennessee, forcing the day-long evacuation of 5,000 people, officials said. Read More »

ATA Names Stephenson Vice President of Supply Chain Security & Operations

AJOT | July 02, 2015 | Intermodal | Rail

Longtime staffer will oversee group’s security and cross-border trade issues Read More »

Southeastern Freight Lines Promotes Donna Andrews to Vice President of Information Technology

AJOT | July 02, 2015 | Intermodal | Road

Southeastern Freight Lines, the leading provider of regional less-than-truckload (LTL) transportation services, today announced that Donna Andrews has been promoted to vice president of information technology. Read More »

Train hauling LPG catches fire; prompts evacuations in Maryville

Reuters | July 02, 2015 | Intermodal | Rail

A CSX Corp train carrying liquid petroleum gas caught fire in Blount County, Maryville, prompting evacuations, local news website wate.com reported on Thursday. Read More »

Union Pacific imposing hefty surcharge on older crude railcars

Reuters | July 01, 2015 | Energy | Rail and Road | Intermodal | Rail

Union Pacific Corp will impose a $1,200 per-car surcharge on oil shippers that move crude in older railcars, the company told customers this week, becoming at least the second U.S. railroad to charge extra amid widespread safety concerns. Read More »

Ultra-light condensate could be niche for West Texas rail

Reuters | July 01, 2015 | Energy | Rail and Road | Intermodal | Rail

A surge in West Texas oil pipeline startups and expansions has squeezed viability of some crude-by-rail terminals in the region, but increased output of ultra-light condensate could give them a niche pipelines cannot fill, a top rail operator in the region said on Wednesday. Read More »

Canada’s Brookfield makes $6.8 billion play for Australian freight major Asciano

Reuters | July 01, 2015 | Intermodal | Rail

Canada’s Brookfield Asset Management has approached Australia’s Asciano Ltd with a $6.8 billion takeover bid, but uncertainty about whether the deal would go through capped gains in the stock price of the rail freight firm. Read More »

Bangladesh to get $505 million in loan from ADB for railway improvements

AJOT | June 29, 2015 | Intermodal | Rail

The Asian Development Bank (ADB) and the government of Bangladesh on Sunday signed agreements for $505 million in loans to further improve the country's railways that will help the national economy and boost subregional trade. Read More »

China’s CRRC says no plans to buy Bombardier’s rail assets

AJOT | June 29, 2015 | Intermodal | Rail

Chinese train maker CRRC Corp Ltd said it had no intention to buy the rail business of Canada's Bombardier Inc, responding to recent local media reports that said it planned to do so. Read More »

Carlyle bets on China ecommerce boom with $120 million Shanghai ANE stake

AJOT | June 29, 2015 | Intermodal | Road

Private equity firm Carlyle Group LP said it has agreed to pay $120 million for an undisclosed stake in Chinese logistics firm Shanghai ANE Logistics Limited (ANE) as it seeks to benefit from China's booming e-commerce business. Read More »

China’s Silk Road fund eyes listings among exit strategies

AJOT | June 29, 2015 | Intermodal | Road

China's $40 billion 'Silk Road' infrastructure fund will explore market listings and government transfers as potential strategies for divesting from successful projects, the fund's chief executive said. Read More »

Goods Movement Coalition applauds representative Lipinski’s freight research legislation

AJOT | June 29, 2015 | Intermodal | Road

Addressing the need for increased national freight research, Rep. Dan Lipinski (D-IL) last week introduced legislation aimed at improving freight mobility through transportation research and strategic planning. Read More »

Texas triangle shipping to benefit from GAIN® Clean Fuel and Fast Flow CNG partnership

AJOT | June 29, 2015 | Intermodal | Road

GAIN® Clean Fuel, a brand of U.S. Gain, is partnering with FastFlow CNG, a division of Independence Fuel Systems (IFS) to locate three GAIN Clean Fuel compressed natural gas stations (CNG) in Texas. Read More »

Konecranes TRUCONNECT Remote Services helps manage lift truck fleets from anywhere

AJOT | June 29, 2015 | Intermodal | Road

Konecranes is helping operators get more out of their equipment now that TRUCONNECT® Remote Monitoring is available for Konecranes lift trucks. Read More »

Google to alert drivers to railroad crossings using U.S. data

Reuters | June 29, 2015 | Intermodal | Rail

Google will add audio and visual alerts to warn drivers about upcoming railroad crossings on Google’s navigation system, the U.S. Federal Railroad Administration announced on Monday. Read More »

CAGTC applauds Senate “National Multimodal Freight Policy and Investment Act”

AJOT | June 26, 2015 | Intermodal | Road

Senators Cantwell (D-WA), Booker (D-NJ), Murray (D-WA) and Markey (D-MA) introduced a proposal creating a national multimodal freight policy and investment program. Read More »

CN to report second-quarter 2015 financial and operating results on July 20, 2015

AJOT | June 26, 2015 | Intermodal | Rail

CN will issue its second-quarter 2015 financial and operating results on July 20, 2015, at 4.01 p.m. Eastern Daylight Time (EDT). Read More »