Intermodal

CN Rail second-quarter earnings rise 4%

AJOT | July 25, 2011 | Intermodal

Canadian National Railway Co reported a 4 percent increase in quarterly earnings on Monday as freight volumes rose and revenues increased across commodity groups.

The increase in earnings came despite difficulties including floods in Western Canada, f Read More »

Vitran Q2 lags Street on weak US operations

AJOT | July 25, 2011 | Intermodal

Canadian trucking company Vitran Corp posted a wider-than-expected quarterly loss, despite a 23 percent rise in revenue, hurt partly by weakness in its U.S. operations.

"Our U.S. LTL (less than truckload) operation had a significant challenge working Read More »

YRC completes restructuring, appoints new CEO

AJOT | July 25, 2011 | Intermodal

U.S. trucker YRC Worldwide Inc named transportation industry veteran James Welch as its new chief executive, effective immediately, and revamped its board after completing a financial restructuring.

Welch, who has more than 30 years of experience in t Read More »

Kansas City Southern Q2 profit rises

AJOT | July 25, 2011 | Intermodal

U.S. railroad company Kansas City Southern reported higher quarterly results driven by robust auto, intermodal and coal segments, and said revenue growth in the second half would surpass the first half.

Midwest flooding disrupted traffic for some of t Read More »

Landstar results top estimates

AJOT | July 24, 2011 | Intermodal

Freight transportation and logistics company Landstar System Inc posted a higher-than-expected quarterly profit, sending shares up more than 6 percent to their highest level in nearly three years.

The company said strong pricing and an improving freig Read More »

Fixing the transportation infrastructure: A simple public works project

AJOT | July 24, 2011 | Intermodal

There has never been a greater degree of conversation and talk over our nation's transportation problems than exists today. Ideas range from the rational to the irrational as ideas flow from the left and right. But to date, no comprehensive plan has been Read More »

Rail, roads need upgrade as Paranagua port expands

AJOT | July 24, 2011 | Intermodal

Authorities should improve road and rail links to Paranagua in southern Brazil as part of the expansion of the port, said Plinio Nastari, head of the Datagro sugar consultancy.

Paranagua port plans a $1.6 billion expansion that will increase its capac Read More »

Averitt Shipping next business day service provides carrier with service to Calgary and other…

AJOT | July 24, 2011 | Intermodal

Averitt Express has opened lanes between thousands of Southern cities and western Canada with transit times as fast as next-business-day.

The improved service times apply to shipments moving to and from all cities in Texas and Louisiana, as well as po Read More »

Werner Enterprises Q2 results beat Street

AJOT | July 24, 2011 | Intermodal

Trucking and logistics company Werner Enterprises Inc's quarterly results topped estimates helped by higher revenues due to contractual rate increases.

For the second quarter, net income was $27.5 million, or 38 cents a share, compared with $20.9 mill Read More »

Swift Transportation posts Q2 profit

AJOT | July 24, 2011 | Intermodal

U.S. trucker Swift Transportation posted a second-quarter profit, helped by strengthening demand and higher pricing.

Swift, whose tractors covered 1.5 billion miles in 2010, was boosted by a 4.3 percent increase in trucking volumes and a 4.7 percent i Read More »

Union Pacific profit up, sees stronger second half

AJOT | July 24, 2011 | Intermodal

Union Pacific Corp, the largest publicly held US railroad, reported higher quarterly earnings as freight volumes increased and it raised prices, and the company said it expected to perform even more strongly in the second half of the year.

Union Pacif Read More »

YRC receives National Carrier of the Year Award from BlueGrace Logistics

AJOT | July 24, 2011 | Intermodal

YRC, the largest operating company of YRC Worldwide Inc. has been named the National Carrier of the Year for BlueGrace Logistics, a third party logistics provider that uses their transportation management technology to offer logistics services to business Read More »

CSX raises export coal estimate, sees hiring up

AJOT | July 24, 2011 | Intermodal

CSX Corp raised its estimate for export coal shipments to a new all-time high, which it expects will help drive record 2011 results.

The company also plans to increase average headcount by about 4 percent this year to support growing demand as well as Read More »

CN invests in more extended sidings in Northern Ontario to improve system velocity, productivity

AJOT | July 18, 2011 | Intermodal

CN plans to construct two more extended sidings on its Northern Ontario main line this year, bringing its investments in seven long sidings in this corridor to more than C$30 million. Two additional extended sidings, costing a total of C$10 million, are p Read More »

CN invests in more extended sidings in Northern Ontario to improve system velocity, productivity

AJOT | July 18, 2011 | Intermodal

CN plans to construct two more extended sidings on its Northern Ontario main line this year, bringing its investments in seven long sidings in this corridor to more than C$30 million. Two additional extended sidings, costing a total of C$10 million, are p Read More »

Getloaded freight matching service launches enhanced website

AJOT | July 18, 2011 | Intermodal

Getloaded launches an enhanced website to help users move freight and keep up with industry demands. Nationwide freight levels are fluctuating and experts are predicting driver shortages, creating more pressure on transportation professionals to connect q Read More »

Con-way Freight announces 2011 general rate increase

AJOT | July 18, 2011 | Intermodal

Con-way Freight, the nationwide less-than-truckload (LTL) carrier of Con-way Inc., has announced that it will institute a general rate increase averaging 6.9% applicable to non-contractual business effective Aug. 1, 2011. Read More »

Coalition for Transportation Productivity sends letter to Congress
 confronting…

AJOT | July 18, 2011 | Intermodal

The Coalition for Transportation Productivity (CTP), a group of more than 180 shippers and allied associations dedicated to responsibly increasing federal vehicle weight limits on interstate highways, today sent a letter to Congress in order to confront m Read More »

FTR Shippers Condition Index improves for second consecutive month

AJOT | July 18, 2011 | Intermodal

FTR Associates' Shippers' Condition Index (SCI) has moved upward again this month, signifying improving conditions for shippers. The current SCI as reported in the firm's July Shippers Update rose to a reading of -3.6 from the -5.4 reported last month. W Read More »

CP reopens flooded railway line in North Dakota

AJOT | July 14, 2011 | Intermodal

Canadian Pacific Railway Ltd has reopened its flooded mainline track running from southern Saskatchewan through North Dakota, five days earlier than it expected, a CP spokesman said.

The track around the city of Minot in north-central North Dakota, wa Read More »