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

Page 132 of 206 pages ‹ First  < 130 131 132 133 134 >  Last ›

CN makes acquisition of 1,000-plus domestic containers

AJOT | April 10, 2011 | Intermodal

-CN announced the acquisition of more than 1,000 new domestic containers to better serve manufacturers and distributors of grocery and consumer goods in domestic markets across Canada and grow the railway's participation in the segment. Read More »

Globaltrans sees 2011 growth

AJOT | April 03, 2011 | Intermodal

Russia's largest private freight operator Globaltrans expects around 20 percent sales growth in 2011 on the back of a stronger economy and may bid for state-controlled Freight One when it comes up for sale.

The company, seen as a barometer for the Rus Read More »

Mexican tribunal OKs Grupo Mexico railroad merger

AJOT | March 30, 2011 | Intermodal

A Mexican tribunal ruled in favor of Grupo Mexico in its fight to merge its two railroad units, throwing out a complaint by competition authorities, the company and the antitrust regulator said.

Grupo Mexico, which owns copper mines in Mexico, Peru an Read More »

Czech CD cargo to bid for Polish PKP unit

AJOT | March 28, 2011 | Intermodal

Czech state-owned rail cargo firm CD Cargo will look to bid for a majority stake in Polish state railways PKP's cargo unit, Czech newspaper E15 reported.

E15 said the tender for the 50 percent plus one share stake in PKP Cargo could be worth up to 13 Read More »

Jindal Saw to buy logistic firm to ramp up scale

AJOT | March 24, 2011 | Intermodal

Steel pipemaker Jindal Saw Ltd is in talks to acquire a logistic firm that operates container trains and owns terminals for about 1-1.5 billion rupees and expects to close the deal in three months, its managing director said.

"We are planning to acqui Read More »

US railroad Q1 volume up at least 5%

AJOT | March 24, 2011 | Intermodal

Railroad carload volume is up at least 5 percent in the first quarter, despite unusually disruptive winter storms, and should keep growing with the economy this year, several railroad executives said at a conference.

"We feel good about 2011," Wick Mo Read More »

Canada moves to improve railway grain service

AJOT | March 24, 2011 | Intermodal

Ottawa will move to quell complaints by western Canadian farmers about poor rail freight service by giving grain shippers more clout in ensuring consistent operations, but is taking no immediate steps to penalize railways for bad performance. Read More »

Goldman Sachs raises CSX to buy, cuts Canadian Pacific

AJOT | March 24, 2011 | Intermodal

Goldman Sachs upgraded CSX Corp to "buy" rating, saying the railroad company's attempts to cut structural costs will boost margins and that it will benefit from rising demand for coal.

Goldman, however, cut Canadian Pacific , Canada's second biggest r Read More »

CN critical of Rail Freight Service Review final report

AJOT | March 24, 2011 | Intermodal

CN expressed its serious concerns about the final report of the Rail Freight Service Review (RFSR) panel that was issued and its disappointment with the Government's response.

While CN is pleased that, in releasing the report, the Government recognize Read More »

UAE’s first federal rail link to be ready in early 2013

AJOT | March 24, 2011 | Intermodal

The United Arab Emirates' Etihad Rail said its first route will be completed in early 2013 between Habshan and Ruwais in Abu Dhabi as part of its 40 billion dirhams ($10.9 billion) project to build a rail network.

The first route will transport granul Read More »

Mozambique rail woes to delay coal exports

AJOT | March 24, 2011 | Intermodal

First exports of coal from Mozambique's Moatize fields will be delayed as a result of problems in the construction of the Sena railway linking mines with the port, Portuguese news agency Lusa reported.

Brazil's mining giant Vale and Australia's Riverd Read More »

Canadian Pacific says weather to hit earnings

AJOT | March 24, 2011 | Intermodal

Canadian Pacific Railway warned that its earnings will be down in the first quarter as harsh winter weather hampered train operations and fuel recovery surcharges lagged.

But the company said operations were returning to normal as weather conditions m Read More »

Polish railways invite bids for 50% of cargo arm

AJOT | March 24, 2011 | Intermodal

Poland's state railways PKP said it launched a tender for a 50 percent plus one share stake in its cargo unit, Europe's No. 2 rail freight carrier estimated to be worth some $1 billion.

PKP Cargo accounts for 55.4 percent of rail payload in Poland, wh Read More »

Page 132 of 206 pages ‹ First  < 130 131 132 133 134 >  Last ›