AJOT Digital Edition
Issue #587

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Project Cargo / Heavy Lift Bi-Annial

South Carolina Ports

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2014 Media Kit

Intermodal

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ATA Truck tonnage index increased 0.9% in April

AJOT | June 06, 2010 | Intermodal

The American Trucking Associations' advance seasonally adjusted (SA) For-Hire Truck Tonnage Index increased for the sixth time in the last seven months, gaining another 0.9 percent in April. This followed a 0.4 percent increase in March. The latest impr Read More »

BMO starts CN Rail, CP Rail with market perform rating

AJOT | June 06, 2010 | Intermodal

BMO Capital Markets started coverage of Canadian National Railway Co and Canadian Pacific Railway Ltd with "market perform" rating, and said the companies' margin growth opportunities remain high.

CN Rail, Canada's biggest railway, would bene Read More »

Container futures to be cleared in weeks

AJOT | June 06, 2010 | Intermodal

The first cleared container freight derivatives contract is set to be traded in the coming weeks in a major development for the nascent market, a broker with shipping services group Clarksons said.

Freight derivatives allow a buyer to take a Read More »

Russia steel baron eyes First Freight stake

AJOT | June 06, 2010 | Intermodal

Vladimr Lisin, the owner and chairman of Novolipetsk Steel , wants to buy a strategic stake in First Freight Co, Russia's second-largest rail freight operator, two sources told Reuters.

Lisin, ranked Russia's richest man by Forbes magazine, i Read More »

Trucker YRC sees May gains; stock split upcoming

AJOT | June 06, 2010 | Intermodal

Troubled trucking company YRC Worldwide is on the road to recovery, according to its Chairman Bill Zollars, who said operations improved in May and were expected to gain more ground in the coming months.

After a brush with bankruptcy last yea Read More »

DB Schenker links up road and rail with new service

AJOT | May 27, 2010 | Intermodal

DB Schenker now links up road and rail services even more effectively: the new DB SCHENKERhangartner service offers customers from trade and industry the combination of trucking and rail services from one source. Pick-up and delivery services are handled Read More »

New Afghan railroad to boost trade and supply troops

AJOT | May 24, 2010 | Intermodal

Afghanistan's first railway in almost a century is due to be completed before the year's end, officials said, with the aim of not only boosting the country's economy but also supplying NATO troops there.

The $170 million project, the bulk of Read More »

Wilbur Ross mulls rail investments

AJOT | May 18, 2010 | Intermodal

Billionaire investor Wilbur Ross said his private equity firm was considering investments in rail cars, real estate and casinos.

Ross' private equity firm WL Ross & Co bought into railroad equipment supplier Greenbrier Cos in 2009, and the tw Read More »

NASSTRAC recognizes Duncan with Lifetime Achievement Award

AJOT | May 18, 2010 | Intermodal

NASSTRAC recently recognized Doug Duncan, founding president and CEO of FedEx Freight, with the Lifetime Achievement Award. The award recognizes industry leaders who have achieved significant accomplishments on behalf of the industry through their leaders Read More »

Key figure of U.S. chemical demand rises

AJOT | May 16, 2010 | Intermodal

Chemical shipments on U.S. railroads rose 14.6 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 »

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