AJOT Digital Edition
Issue #589

Cover of issue-589.png

New York Ports

NVOCC and Freight Forwarder Review

View Issue #589 Now!

2014 Media Kit

Intermodal

Page 139 of 212 pages ‹ First  < 137 138 139 140 141 >  Last ›

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 »

Southeastern Freight Lines meets the needs of 3PL providers

AJOT | March 16, 2011 | Intermodal

Southeastern Freight Lines, the leading provider of regional less-than-truckload (LTL) transportation services, has long recognized that third-party logistics companies (3PLs) are performing valuable services for customers and has developed technology sol Read More »

Forklift group Manitou sees Japan risks

AJOT | March 16, 2011 | Intermodal

French forklift and crane trucks group Manitou faces risks from the disaster in Japan, where it buys parts such as engines, though it is too early to assess any impact on sales, its chief executive said.

Business during the first quarter ending March Read More »

Greenbrier may post Q2 loss

AJOT | March 16, 2011 | Intermodal

Railroad equipment supplier Greenbrier Cos Inc May continue to post a quarterly loss, even as it forecast better-than expected revenue on increased orders.

The company said it expects results to be close to analysts' expectation of a loss of 1 cent a Read More »

Growing China, India to drive container leasing companies

AJOT | March 13, 2011 | Intermodal

Dahlman Rose upgraded the container leasing industry to a "buy" rating from "hold," as rising demand across the world, shortage in supply and higher pricing trends bode well for companies in the sector.

"The growth of the consumer classes in China, Br Read More »

China to start delayed Myanmar rail link this year

AJOT | March 13, 2011 | Intermodal

Construction of a rail link from China to Myanmar will likely start this year after being delayed by internal problems and mismatched gauges, the Chinese commerce minister said.

The railway is part of a wide-ranging network that will connect southwest Read More »

American freight rails plan to spend $12 blllion in 2011

AJOT | March 13, 2011 | Intermodal

Freight railroads plan to spend a record $12 billion on hiring new employees, laying down new track, and other capital projects in 2011, an industry group said.

The Association of American Railroads, whose members include Canadian Pacific Railway , Un Read More »

Page 139 of 212 pages ‹ First  < 137 138 139 140 141 >  Last ›