Intermodal

German train drivers start strike seen costing $100 million a day

AJOT | April 21, 2015 | Intermodal | Rail

German train drivers began a 66-hour strike over pay and negotiating rights on Tuesday, which industry said could cost as much as 100 million euros ($100 million) a day in production stoppages. Read More »

CN Rail 1st-qtr profit rises, to boost capital spending

AJOT | April 21, 2015 | Intermodal | Rail

Canadian National Railway Co posted higher first-quarter earnings on Monday, topping analysts' expectations, and said it would boost capital spending to improve safety as volume rises. Read More »

CAGTC launched “Freight Can’t Wait” campaign at US Capitol

AJOT | April 21, 2015 | Intermodal | Road

With U.S. freight congestion making news for almost  a year, the Coalition for America’s Gateways and Trade Corridors (CAGTC) sent a clear message today: the time to invest in our nation’s freight infrastructure is now. Read More »

California gas pipeline explosion, fire injure up to 15 people

Reuters | April 20, 2015 | Intermodal | Rail

A construction crew on Friday accidentally ruptured a natural gas transmission line in Fresno, California, sparking an explosion and fire that injured up to 15 people, four of them critically, officials said. Read More »

US calls for more oil train inspections, other safety measures

Reuters | April 20, 2015 | Intermodal | Rail

Oil train operators must have detailed information on hand about the possible risks of their cargo in case of an accident and perform more thorough checks before moving on the tracks, U.S. transportation officials said. Read More »

German rail union to hold major train strike

Reuters | April 20, 2015 | Intermodal | Rail

Germany's GDL train drivers' union announced that it will hold multi-day strikes on passenger and freight trains this week which will cause major disruptions on state-owned railway Deutsche Bahn. Read More »

Prologis to buy KTR Capital for $5.9 billion

Reuters | April 20, 2015 | Intermodal | Road

Prologis Inc, which owns warehouses and retail-distribution centers, has agreed to buy industrial-property owner KTR Capital Partners for $5.9 billion, the Wall Street Journal reported on its online edition. Read More »

Lincoln Equities Group receives approval to develop 265-acre industrial park in Piscataway, NJ

AJOT | April 20, 2015 | Intermodal | Road

Lincoln Equities Group LLC (LEG) has received Preliminary Site Plan approval from the Piscataway Planning Board to develop 2.4 million square feet of industrial space on 265 acres.  Read More »

ATA urges the Obama Administration to act to reduce truck speeds

PR Newswire | April 20, 2015 | Intermodal | Road

ARLINGTON, Va., April 20, 2015 /PRNewswire-USNewswire/ -- Today, American Trucking Associations leaders renewed their call for the Department of Transportation to move forward with a rule requiring the electronic speed limiter on all large trucks be set no higher than 65 miles per hour.

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TransForce, Inc. Acquires Davis Transportation Services in New England

PR Newswire | April 19, 2015 | Intermodal | Road

ALEXANDRIA, Va., April 19, 2015 /PRNewswire/ -- TransForce, Inc. the nation's leading staffing firm specializing in quality commercial truck drivers, has acquired the assets of Davis Transportation Services (DTS). DTS is a leading regional provider of high-quality commercial truck drivers serving New England with offices in Boston and Springfield, Massachusetts. DTS recently earned the Best of Staffing® Award for providing remarkable service quality. Fewer than 2% of all staffing agencies in the United States and Canada earned the 2015 Best of Staffing® Award for service excellence.

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Westbound Gardiner Expressway to fully reopen after completion of construction work

PR Newswire | April 19, 2015 | Intermodal | Road

TORONTO, April 19, 2015 /CNW/ - The Gardiner Expressway work between Exhibition Place and Grand Magazine Street in Toronto has been completed sooner than expected, which has resulted in the reinstatement of the three westbound lanes of traffic.

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Cheap oil, strong dollar pose challenges for US railroads

Reuters | April 16, 2015 | Intermodal | Rail

Low oil prices and the strong U.S. dollar made for a somewhat painful first quarter for major U.S. railroads CSX Corp and Norfolk Southern Corp, and may continue to weigh on their profits. Read More »

CN Rail, beset by derailments, to upgrade Western Canada network

Reuters | April 16, 2015 | Intermodal | Rail

Canadian National Railway Co , hit by a recent string of derailments, will spend C$500 million ($412 million) to upgrade its feeder network in Western Canada to improve safety and boost capacity, the railway said. Read More »

German union threatens Amazon with long fight over wages

Reuters | April 16, 2015 | Intermodal | Road

German labor union Verdi is prepared for a long fight with U.S. online retailer Amazon.com Inc for better pay and conditions and expects more strikes this Christmas. Read More »

Trucking Moves America Forward calls on lawmakers to support long-term Highway Funding Bill

PR Newswire | April 16, 2015 | Intermodal

WASHINGTON, April 16, 2015 /PRNewswire-USNewswire/ -- Trucking Moves America Forward (TMAF), the industry-wide image and education movement representing all areas of the professional truck driving industry, is calling on Capitol Hill lawmakers to pass a long-term highway bill to safeguard America's federal highway program and provide certainty for the nation's future transportation needs.

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AED chairman calls on congress to get to work on multiyear highway bill

AJOT | April 16, 2015 | Intermodal | Road

When it comes to infrastructure, Washington, D.C., is failing the American people, said AED Chairman Don Shilling at a Capitol Hill press conference today. Shilling is president of General Equipment & Supplies, a heavy construction equipment dealership based in Fargo, N.D. Read More »

ATA Joins Call to Fund Long-Term Highway Bill

PR Newswire | April 15, 2015 | Intermodal | Road

American Trucking Associations President and CEO Bill Graves urged the Obama administration and Congress to quickly come together on a long-term, well-funded highway bill. Read More »

GCC rail network to connect the 6 Gulf states by 2018

AJOT | April 15, 2015 | Intermodal | Rail

2,177km rail network will link the Gulf countries together, providing alternative to air or sea travel Read More »

CSX sees Q2 EPS flat to slightly up versus 2014

Reuters | April 15, 2015 | Intermodal | Rail

U.S. railroad CSX Corp said on Wednesday that it expects its second-quarter earnings per share will be flat to slightly up compared with the 53 cents the company reported in the same quarter in 2014. Read More »

CSX posts higher profit, announces share repurchase program

Reuters | April 14, 2015 | Intermodal | Rail

U.S. railroad CSX Corp reported a higher quarterly net profit on increased freight volumes and higher rates charged to customers, and announced a $2 billion share repurchase program. Read More »