Intermodal

GE railcar leasing unit for sale

AJOT | May 04, 2011 | Intermodal

General Electric Co has put its railcar leasing business up for sale, its second attempt in three years to offload a business that could be worth more than $3 billion, a source familiar with the situation.

GE, the largest U.S. conglomerate, has hired Read More »

Spatafore named rail industry’s top environmentalist

AJOT | May 04, 2011 | Intermodal

CSX Transportation commended Richard J. Spatafore, division engineer, Jacksonville, for receiving the 2010 Association of American Railroads' John H. Chafee Environmental Excellence Award. CSX nominated Spatafore for the award, named for the late Rhode Is Read More »

Business pushes US Congress to clear bigger trucks

AJOT | May 04, 2011 | Intermodal

Manufacturers, retailers, and other businesses are quietly working with truckers in renewing a push for U.S. government permission to operate bigger and heavier rigs, to the dismay of unions and safety advocates.

Lobbying coalitions for hundreds of co Read More »

Logistic Services Danubius is now DB Schenker Rail Romania

AJOT | May 04, 2011 | Intermodal

Logistic Services Danubius SRL was renamed DB Schenker Rail Romania SRL in Bucharest.

"It is now clear to the outside world that the company is part of our European DB Schenker Rail network," announced Hans-Georg Werner, Member of the Management Board Read More »

Xata partners with ZoomSafer to help fleets ability to manage driver safety and compliance

AJOT | May 04, 2011 | Intermodal

Xata Corporation, the leader in trucking compliance and fleet optimization software, today announced it is integrating and reselling ZoomSafer's award-winning software, FleetSafer Mobile and FleetSafer Vision, both of which can be customized to a fleet's Read More »

Con-way profit beats estimates

AJOT | May 04, 2011 | Intermodal

U.S. trucking and logistics company Con-Way Inc reported quarterly profit well above estimates, and said improved pricing and fuel surcharges boosted revenue.

Con-way reported net first-quarter profit of $6.9 million, or 12 cents per share, compared w Read More »

Big E Transportation implements Descartes Mobile Resource Management Solution

AJOT | May 02, 2011 | Intermodal

Descartes Systems Group announced that Big E Transportation, a wholly-owned subsidiary of Estes Express Lines, implemented Descartes' Route Planner On-demand and MobileLink solution to plan, optimize and dispatch routes across its entire home delivery ope Read More »

YRC restructuring plan approved

AJOT | May 02, 2011 | Intermodal

YRC Worldwide Inc said lenders had agreed to its restructuring plan.

The Overland Park, Kansas-based company said in a news release that more than 95 percent of its senior secured lenders have approved the plan, which would leave existing shareholders Read More »

CN’s Scheduled Potash Service drives new supply chain efficiencies for key customers

AJOT | May 02, 2011 | Intermodal

CN said its Scheduled Potash Service has increased supply chain efficiencies for producers in Western Canada and provided them quicker access to markets.

CN's Scheduled Potash Service is focused on an end-to-end management of the supply chain in colla Read More »

Canada’s Red River flooding to crest this week

AJOT | May 02, 2011 | Intermodal

A weekend storm that brought snow, rain and strong winds to the already flooded Red River Valley created large waves but did not inflict major damage on flood defenses in the Canadian province of Manitoba.

The Red River is expected to peak in the prov Read More »

Myanmar, China agree cross-border rail project

AJOT | April 28, 2011 | Intermodal

Myanmar and China have agreed to build a rail link connecting Southwest China with the Indian Ocean, officials and local media said.

The railroad will be built in five stages over the next three years and will stretch for total of 1,215 kilometres (75 Read More »

Norfolk Southern profit jumps

AJOT | April 28, 2011 | Intermodal

Norfolk Southern Corp reported a quarterly profit that beat Wall Street estimates as shipments of goods from coal to autos picked up, even as higher fuel prices raised costs.

Fuel costs and truck capacity shortages have driven more traffic to railroad Read More »

TransForce to buy DHL Express Canada’s domestic business

AJOT | April 28, 2011 | Intermodal

TransForce Inc , a mid-tier Canadian trucker, said it will buy the assets of DHL Express Canada's domestic business, to boost its presence in package and courier services.

The deal is expected to add more than C$275 million to TransForce's annual reve Read More »

Vitran reports improved 2011 first quarter results

AJOT | April 27, 2011 | Intermodal

Vitran Corporation Inc., a North American transportation and supply chain firm, announced financial results for the first quarter of 2011, the three-month period ended March 31, 2011 (all figures reported in $U.S.).

Vitran reported a 18.0% increase in Read More »

Con-way Inc. names Krull Executive VP, General Councel & Secretary

AJOT | April 27, 2011 | Intermodal

Con-way Inc. announced that Stephen K. Krull has been named executive vice president, general counsel and secretary.

Krull, 46, joins Con-way from Toledo, Ohio-based Owens Corning, where he most recently served as senior vice president, general counse Read More »

National Carriers chooses Blue Tree Systems

AJOT | April 27, 2011 | Intermodal

Blue Tree USA, a provider of fleet management, reefer monitoring and trailer tracking solutions, announced that National Carriers Inc. has signed a contract to install the R:COM Fleet Management System on its entire fleet of tractors and refrigerated trai Read More »

ATA truck tonnage Index rose 1.7% in March

AJOT | April 27, 2011 | Intermodal

The American Trucking Associations' advance seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 1.7 percent in March after falling a revised 2.7 percent in February 2011. The latest gain put the SA index at 115.4 (2000=100) in March, which was Read More »

Arkansas Best posts wider Q1 loss on weak pricing

AJOT | April 27, 2011 | Intermodal

Arkansas Best Corp posted a wider-than-expected quarterly loss, hurt by higher fuel costs amid a weak pricing environment, but the U.S. trucking company said its business was stabilizing with the upturn in the economy.

As the economy improves, shipper Read More »

NASSTRAC announces 2011 Member of the Year Awards

AJOT | April 27, 2011 | Intermodal

NASSTRAC recently announced that Chris Norek, Ph.D. and founding Senior Partner with Chain Connectors, Inc., an Atlanta-based supply chain consulting boutique which focuses on training and education of both large enterprises and SMBs, has been named the 2 Read More »

ABF earns second consecutive National LTL Carrier of the Year Award

AJOT | April 27, 2011 | Intermodal

For the second consecutive year, ABF' has been named National LTL Carrier of the Year by the National Shippers Strategic Transportation Council (NASSTRAC). The company was recognized during the NASSTRAC Conference and Expo in Orlando, Florida, April 17-20 Read More »