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Issue #589

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New York Ports

NVOCC and Freight Forwarder Review

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2014 Media Kit

Intermodal

Page 129 of 212 pages ‹ First  < 127 128 129 130 131 >  Last ›

US firms plan rail expansion to profit from oil spread

AJOT | August 11, 2011 | Intermodal

Logistics firms are accelerating plans to build crude-by-rail terminals in the United States as shippers look to transport more oil on railroads to capture massive oil price spreads between the country's northern and southern regions.

Logistics firm M Read More »

British police step up nationwide war on metals theft

AJOT | August 03, 2011 | Intermodal

British police raided scrap yards in a nationwide campaign on Friday after steeply climbing prices of metals like copper led to a 26 percent rise in thefts this year, causing huge economic losses from halted trains and power blackouts.

Authorities are Read More »

Genesee & Wyoming Q2 beats expectations

AJOT | August 03, 2011 | Intermodal

Genesee & Wyoming Inc., which owns and operates short line and regional railroads, reported better-than-expected quarterly earnings, helped by a 70 percent rise in freight revenue.

The Greenwich, Connecticut-based company also said it agreed to buy t Read More »

Central Freight Lines receives top honor for fleet safety

AJOT | August 03, 2011 | Intermodal

Central Freight Lines (CFL), a leading less-than-truckload (LTL) for-hire common carrier, today announced it received the 1st Place Safety Award from the Texas Motor Transportation Association (TMTA). This significant safety award honors the carrier that Read More »

Package & courier buys to deliver growth at TransForce

AJOT | August 03, 2011 | Intermodal

TransForce Inc is eyeing more acquisitions in the high-margin package and courier space to drive growth, as the Canadian trucker continues to move away from its traditional business of small freight shipping.

The company, which posted a second-quarter Read More »

Arkansas Best swings to Q2 profit

AJOT | August 03, 2011 | Intermodal

Arkansas Best Corp swung to a quarterly profit that beat market estimates on healthy tonnage levels and increased account pricing, snapping its losing streak of 10 consecutive quarters.

"However, the progress made so far does not produce sufficient re Read More »

Hub Group Q2 results beats Street

AJOT | July 27, 2011 | Intermodal

Freight management company Hub Group Inc posted better-than-expected quarterly results as its intermodal segment drove sales growth.

For the April-June period, the company earned $14.4 million, or 39 cents a share, compared with $9.6 million, or 26 ce Read More »

Canadian Pacific Q2 profit falls on flooding woes

AJOT | July 27, 2011 | Intermodal

Canadian Pacific Railway reported a 23 percent fall in second-quarter profit as harsh weather and prolonged flooding hampered railroad operations.

Canada's second-biggest railroad said April-June profit fell to C$128 million ($135.7 million), or 75 Ca Read More »

Norfolk Southern Q2 profit beats estimates

AJOT | July 27, 2011 | Intermodal

U.S. railroad Norfolk Southern Corp reported higher quarterly profit that beat Wall Street forecasts, with the coal and intermodal sectors leading a double-digit revenue increase.

Fuel costs and tight truck capacity have driven more shipments to the r Read More »

ATA truck tonnage index jumped 2.8% in June

AJOT | July 25, 2011 | Intermodal

The American Trucking Associations' advance seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 2.8% in June after decreasing a revised 2.0% in May 2011. May's drop was slightly less than the 2.3% ATA reported on June 27, 2011. The latest gain Read More »

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