Vale likely to sell rail, ships before mining assets

Reuters | March 26, 2015 | Breakbulk & Projects | Breakbulk | Intermodal | Rail

Brazil's Vale SA may find it easier to dispose of giant ships and part of its stake in a rail logistics business before selling mining assets, as the world's top iron ore producer looks to raise cash amid a price rout, according to four sources with knowledge of the situation. Read More »

Grupo Mexico hopes to raise $1.3 billion in rail unit IPO

Reuters | March 26, 2015 | Intermodal | Rail

Mexican mining, transport and infrastructure company Grupo Mexico is hoping to raise $1.3 billion from an initial public offering of its ITM rail unit, one of its senior executives said. Read More »

Canada says won’t tell railways where to ship grain for now

Reuters | March 26, 2015 | Intermodal | Rail

The Canadian government will not, for now, start telling railways where to ship farmers' grain but it will decide within days whether to extend its requirements on how much grain they must haul, Transport Minister Lisa Raitt said. Read More »

Canadian regulator seeks CN Rail safety plan after derailments

Reuters | March 25, 2015 | Intermodal | Rail

Regulator Transport Canada has issued a notice to Canadian National Railway Co requesting a plan to ensure safety along the Ruel subdivision, where three trains derailed in fewer than 30 days in February and March, the railway said. Read More »

Momentum Transportation names Hoppens as VP Sales & Marketing

AJOT | March 25, 2015 | Intermodal | Road | Transport Intermediaries

Momentum Transportation USA Inc., an award-winning provider of transportation and logistics services through the premier Landstar global network, has announced that David Hoppens is joining the Momentum team as Vice President Sales and Marketing. Read More »

Fleet Advantage reports continued growth in lease originations closing out 2014

AJOT | March 25, 2015 | Intermodal | Road

Fleet Advantage, a leading innovator in truck fleet business analytics, equipment financing and lifecycle cost management today announced that they completed the year with $232.6 million in lease originations along with additions of several new high profile clients. Read More »

Project cuts to hurt thousands of workers & US economy

AJOT | March 25, 2015 | Intermodal | Road

The Arkansas State Highway and Transportation Department (AHTD) has withdrawn 56 construction projects scheduled for consideration in its April 21, 2015 bid opening due to continuing uncertainty of Federal-aid reimbursements available from the Federal Highway Trust Fund. Read More »

SHIFT Freight marks major shipment milestone with industry-leading dimensional pricing capabilities

AJOT | March 25, 2015 | Intermodal | Road

The California-based LTL carrier recognized as one of the most progressive companies in the freight industry, SHIFT Freight, celebrates a monumental 25,000 shipments successfully processed using its innovative dimensional scanning technology. Read More »

American Intermodal Container Manufacturing appoints Allen as Board Chairman

AJOT | March 25, 2015 | Intermodal | Road

American Intermodal Container Manufacturing (AICM) has announced that the company’s Managing Board of Directors has appointed Jack Allen as its Chairman. Read More »

Smaller transport companies are growing from collaboration rather than shrinking by competition

AJOT | March 25, 2015 | Intermodal | Transport Intermediaries

All around the world, the very small and the very large transporters and warehouse operators are surviving (maybe thriving), but the mid-level is being squeezed at both ends. Read More »

CN Rail says harsh winter one reason for spike in 2014 accidents

Reuters | March 24, 2015 | Intermodal

An unusually harsh winter is one of the reasons Canadian National Rail Co suffered a sharp increase in the number of train accidents in 2014, a top official said on Tuesday. Read More »

ATA Truck Tonnage Index Fell 3.1% in February

PR Newswire | March 24, 2015 | Intermodal | Road

ARLINGTON, Va., March 24, 2015 /PRNewswire-USNewswire/ -- American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index decreased 3.1% in February, following a revised gain of 1.3% during the previous month. In February, the index equaled 131.6 (2000=100), the lowest level since September 2014.

Read More »

Governor Scott Walker to Keynote NTTC’s Annual Conference

PR Newswire | March 24, 2015 | Energy | Rail and Road | Intermodal | Road

The National Tank Truck Carriers, Inc. (NTTC) today announced that Wisconsin Governor Scott Walker will offer the keynote address at its upcoming 67(th) Annual Conference & Exhibit Show. The conference will be held April 26-28 at the Boston Marriott Copley Place located in the heart of Boston's historic Back Bay. Read More »

As oil trains roll across America, volunteer firefighters face big risk

Reuters | March 23, 2015 | Intermodal | Rail

Volunteers at the Galena, Illinois, fire department were hosing down the smoldering wreck of a derailed BNSF oil train on the east bank of the Mississippi River on March 5 when a fire suddenly flared beyond their control. Minutes later, the blaze reached above the treetops, visible for miles around. Read More »

CN Rail derailment numbers soared before recent crashes

Reuters | March 23, 2015 | Intermodal | Rail

Canadian National Railway's safety record deteriorated sharply in 2014, reversing years of improvements, as accidents in Canada blamed on poor track conditions hit their highest level in more than five years, a Reuters analysis has found. Read More »

TX Logistik expands on rail link to Scandinavia

AJOT | March 23, 2015 | Intermodal | Rail

Since the beginning of March 2015, TX Logistik AG (TXL) has ramped up their rail link between Herne (Germany) and Malmö (Sweden) from six to eight departures per week. Read More »

BNSF Railway faces fines in Washington state over hazardous spills

Reuters | March 23, 2015 | Intermodal | Rail

Washington state regulators have recommended BNSF Railway be fined $700,000 for not properly disclosing that its trains had spilled crude oil and other hazardous materials on 14 occasions over four months, officials said on Friday. Read More »

ATA Urges Congress to Back Bipartisan Hair Testing Legislation

AJOT | March 20, 2015 | Intermodal | Road

American Trucking Associations asked lawmakers to support bipartisan legislation introduced Thursday that would allow trucking companies to use a highly effective tool, hair testing, to meet federal requirements and prevent drug users from getting behind the wheel of trucks. Read More »

Penske Truck Leasing Co., L.P. Welcomes Mitsui & Co., Ltd. as New Investor

AJOT | March 19, 2015 | Intermodal | Road

Penske Truck Leasing Co., L.P. (“PTL”) today announced that Tokyo-based Mitsui & Co., Ltd. (“Mitsui”) has acquired a 20.0% limited partnership interest in PTL from General Electric Capital Corporation (“GECC”). Read More »

Coming off the rails? Safety risks in crude by rail

Reuters | March 19, 2015 | Intermodal | Rail

Trains carrying oil or ethanol have derailed and caught fire at more than a dozen locations across the United States and Canada in the last five years. Read More »