Intermodal

East Africa needs up to $25 bln for rail upgrade

AJOT | August 19, 2010 | Intermodal

East Africa needs to raise up to $25 billion, or nearly two-thirds of Kenya's annual output, over the next decade to upgrade its railways to boost trade, a senior regional official said.

"We are talking about the railway master plan which is Read More »

Mexico puts tariffs on more US goods in truck row

AJOT | August 19, 2010 | Intermodal

Mexico expanded the list of U.S. products subject to retaliatory tariffs as it steps up pressure on Washington to settle a long-running dispute that has kept Mexican long-haul trucks off U.S. roads.

The government of President Felipe Calderon Read More »

Exotic debt return brewing in transport, jet bonds

AJOT | August 17, 2010 | Intermodal

With structured finance markets largely moribund, some investors are taking a test drive in esoteric securitization markets backed by trains, planes and ships.

Securities backed by transportation assets and equipment leases varying from shipp Read More »

Mexico puts tariffs on more US goods in truck row

AJOT | August 17, 2010 | Intermodal

Mexico expanded the list of U.S. products subject to retaliatory tariffs as it steps up pressure on Washington to settle a long-running dispute that has kept Mexican long-haul trucks off U.S. roads.

The government of President Felipe Calderon Read More »

Rebates are still available under the Conserve Nova Scotia Trucking Program

AJOT | August 17, 2010 | Intermodal

The Atlantic Provinces Trucking Association announced that the deadline to apply for the Conserve Nova Scotia Energy Efficiency Incentive Program as been extended to September 30th, 2010. Read More »

Trucking for Sarcoma event raises $30,000 for Gist cancer awareness

AJOT | August 15, 2010 | Intermodal

The Annual 'Trucking for Sarcoma' Event was held in late July. International Sarcoma Week ran from July 18 to July 25 and Marine Transport Company was a major participant. The trucking company's 450 members helped raise awareness of cancer sarcoma with 'S Read More »

Exel Transportation named Georgia-Pacific’s Intermodal Carrier of the Year

AJOT | August 15, 2010 | Intermodal

Exel Transportation, an operating unit of Exel, the North American leader in supply chain management and a Deutsche Post DHL company, has earned the prestigious Intermodal Carrier of the Year award from Georgia-Pacific. The award recognizes Exel Transport Read More »

Brazil’s Rousseff: private sector to operate rails

AJOT | August 15, 2010 | Intermodal

Brazil's ruling party presidential candidate pledged to expand Brazil's railways and open them to private operators, helping to reduce growing transportation bottlenecks.

Dilma Rousseff, who led President Luiz Inacio Lula da Silva's infrastru Read More »

Audi is DB Schenker Rail’s first CO2-free rail freight customer

AJOT | August 15, 2010 | Intermodal

Europe's first CO2-free product in rail freight transportation successfully launched on the market

Audi now transports finished vehicles between Ingolstadt and Emden CO2-free. As of August, the German automobile manufacturer uses DB Schenker Read More »

Penske Truck Leasing and Garner, NC officials host new facility groundbreaking

AJOT | August 15, 2010 | Intermodal

Penske Truck Leasing, in conjunction with local government officials, held a groundbreaking ceremony in Garner, N.C. last week to commemorate the building of a state-of-the-art Penske facility in the Greenfield South Business Park. Read More »

Key figure of U.S. chemical demand rises

AJOT | August 09, 2010 | Intermodal

Chemical shipments on U.S. railroads rose 4.4 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 »

Klinge Corp unveils new collapsible food storage bins ’ ideal storage solution for ISO containers

AJOT | August 09, 2010 | Intermodal

Transport refrigeration specialist Klinge Corporation has released their new collapsible storage bins for the transport and storage of perishable items. The Food Storage Bins, FSBs, are made of polypropylene and are extremely durable. The FSBs have passed Read More »

Seacastle Chassis becomes “TRAC Intermodal”

AJOT | August 05, 2010 | Intermodal

Seacastle Chassis announced that it has changed its name to "Trac Intermodal". According to Steve Rubin, President and CEO of TRAC Intermodal, the new name and identity reflect the evolution of the Company's market strategy in a very dynamic intermodal in Read More »

PAM Transportation Services announces award of US DOE Grant

AJOT | August 05, 2010 | Intermodal

PAM Transportation Services, Inc. (Nasdaq:PTSI) announced the award of a United States Department of Energy grant to help fund alternative fuel vehicles and alternative fuel infrastructure. The grant is a cost-share project for 27 Compressed Natural Gas ( Read More »

Genesee & Wyoming Q2 profit beats Street, ups 2010 view

AJOT | August 05, 2010 | Intermodal

Genesee & Wyoming Inc., which owns and operates short-line and regional railroads, posted better-than-expected quarterly results, helped by an increase in freight revenue, and raised its 2010 outlook.

For 2010, the company expects earnings fr Read More »

TRAC Intermodal announces TRAC Connect for motor carriers

AJOT | August 05, 2010 | Intermodal

TRAC Intermodal, formerly known as Seacastle Chassis, announces its new product, TRAC Connect designed to provide chassis rental, leasing and related services to the intermodal drayage community. TRAC Connect is a web-based marketplace for marine chassis Read More »

Old Dominion Director of Safety Compliance receives Annual Statewide Safety Award

AJOT | August 05, 2010 | Intermodal

The North Carolina Trucking Association (NCTA) presented Sam Faucette of Old Dominion Freight Line with its Safety Director of the Year Award on July 24 during the NCTA Annual Safety Conference in Myrtle Beach, S.C.

Faucette joined Old Domini Read More »

Cooperative agreement between XLA and NITL

AJOT | August 05, 2010 | Intermodal

The Express Delivery and Logistics Association (XLA) announced a cooperative agreement with the National Industrial Transportation League (NITL).

NITL, created in 1907, is the leading organization for the freight transportation industry repr Read More »

Old Dominion launching security divider service

AJOT | August 05, 2010 | Intermodal

Old Dominion Freight Line Inc. has launched a new security divider service that provides an additional layer of protection for customers shipping extra-sensitive cargo.

The new service provides guaranteed, locked-in security for special or un Read More »

Fleet sentiment buying index jumps 39% in Q3 2010

AJOT | August 05, 2010 | Intermodal

The Q3 2010 Fleet Sentiment Report (FSR) Equipment Buying Index as reported by CK Commercial Vehicle Research jumped from the previous quarter to 90.2, the best reading in two years. The FSR Buying Index is a simple measure of planned buying behavior of Read More »