Intermodal

CP Railway union backs strike mandate

AJOT | April 29, 2012 | Intermodal

Members of the union representing about 5,000 conductors, trainmen, yardmen, locomotive engineers and traffic controllers at Canadian Pacific Railway Ltd have voted 95 percent in favor of a strike mandate, the latest challenge for Canada's second-biggest Read More »

Kansas City Southern, Norfolk Southern profit rises

AJOT | April 24, 2012 | Intermodal

Railroads Kansas City Southern and Norfolk Southern each reported higher quarterly profit that beat Wall Street estimates, as automotive and intermodal shipments more than offset weakness in coal volume. Read More »

Old Dominion kicks off Nationwide Truck Tour in Tulsa

AJOT | April 24, 2012 | Intermodal

The Old Dominion Tulsa Service Center hosted the first of eight stops on the 2012 Old Dominion Truck Tour, a nationwide excursion aimed at celebrating the company's history and vision for the future with customers, employees and communities. Read More »

Road Systems, Inc. receives 2011 award from Truck Trailer Manufacturers Association

AJOT | April 24, 2012 | Intermodal

Road Systems, Inc. (RSI), a trailer manufacturer and subsidiary of Con-way Inc. (NYSE: CNW), today announced that it has been honored with the 2011 Plant Safety Award from the Truck Trailer Manufacturers Association (TTMA). This is the third time that RSI Read More »

ATA Truck Tonnage Index up 0.2% in March

AJOT | April 23, 2012 | Intermodal

The American Trucking Associations' advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index rose 0.2% in March after increasing 0.5% in February. (February's rise was unchanged from the preliminary gain we reported on March 27th.) The SA index stoo Read More »

CN Rail sees 2012 profit at top end of forecast

AJOT | April 23, 2012 | Intermodal

Canadian National Railway said its full-year earnings would come in at the top end of an earlier forecast after a mild winter and improving economy helped it lift first-quarter earnings by 16 percent, beating market expectations. Read More »

Kansas City Southern profit up; to pay dividend

AJOT | April 23, 2012 | Intermodal

ailroad company Kansas City Southern reported higher earnings on a record first-quarter increase in carload volumes, boosted by intermodal and automotive shipment revenue that more than offset weakness in coal. Read More »

RailAmerica names new Chief Commercial Officer

AJOT | April 23, 2012 | Intermodal

RailAmerica, Inc. announced that Gary Lewis has been named senior vice president and chief commercial officer. The appointment is effective immediately. Read More »

Canadian Pacific Railway’s profit, efficiency jump

AJOT | April 19, 2012 | Intermodal

Canadian Pacific Railway Ltd's profit more than quadrupled in the first quarter and a key measure of efficiency strengthened as the company posted its last earnings report before the finale of a tough proxy fight. Read More »

Union Pacific 1st-quarter results beat forecasts

AJOT | April 18, 2012 | Intermodal

Union Pacific Corp, the No. 1 U.S. publicly held railroad, reported quarterly results that beat forecasts on Thursday, driven by pricing gains, fuel surcharges and double-digit freight revenue increases in four of its six business groups. Read More »

New FedEx Freight Service Center opens in Alberta

AJOT | April 17, 2012 | Intermodal

FedEx Freight Canada, a subsidiary of FedEx Corp., has officially opened its new state-of-the-art Alberta service center. Representing a multi-million dollar investment in Alberta and a job-creating opportunity in Rocky View County, the new service center Read More »

Canada unveils heavy-vehicle emissions rules

AJOT | April 17, 2012 | Intermodal

Canada, heavily criticized for its environmental record, unveiled long-delayed regulations on Friday that aim to make big trucks and buses up to 23 percent less polluting by 2018. Read More »

CSX earnings, revenue beat expectations

AJOT | April 17, 2012 | Intermodal

CSX Corp reported higher first quarter earnings that beat Wall Street forecasts, as increased merchandise and intermodal shipments more than offset weakness in the coal segment and exp enses declined. Read More »

North Carolina Governor honors Old Dominion Freight Line

AJOT | April 17, 2012 | Intermodal

Safety Executive with Prestigious Order of the Long Leaf Pine

Old Dominion Freight Line Inc. has been recognized by North Carolina Gov. Bev Perdue for its accomplishments and contributions to the trucking industry in the state. Read More »

NJ trucking executive warns Senate on the true cost of tolls

AJOT | April 17, 2012 | Intermodal

In testimony before the Senate Commerce, Science and Transportation Committee, NFI Chief Financial Officer Steve Grabell warned that rapidly increasing toll rates, as well as the spread of tolls across the transportation system, are a threat to consumers Read More »

Kenyan TransCentury expects jump in profit

AJOT | April 16, 2012 | Intermodal

Kenya's TransCentury expects net profit for the first half of this year to surpass full year profit for 2011 after it tripled capacity at its electric cable and transformer plants, its chief executive said. Read More »

Rail car shortage cuts Kazakh grain export forecast

AJOT | April 16, 2012 | Intermodal

Kazakhstan's grain exports will fall at least 20 percent short of its forecast this season due to a shortage of rail cars, even as Russian port capacity frees up to allow more Kazakh grain to leave the Black Sea, an Agriculture Ministry official said. Read More »

Russian Railways may sell Freight One stake

AJOT | April 16, 2012 | Intermodal

Russia's railway monopoly Russian Railways may sell its remaining 25-percent stake in rail cargo operator Freight One as soon as this year, Russian daily Kommersant reported, citing sources. Read More »

JB Hunt Q1 profit up

AJOT | April 12, 2012 | Intermodal

U.S. trucker J.B. Hunt Transport Services posted higher quarterly profit, beating expectations, as a rate increase helped drive a 20 percent revenue jump in the intermodal segment, which ships goods in containers that can be moved from one form of transpo Read More »

Globaltrans sees freight market accelerating

AJOT | April 11, 2012 | Intermodal

Russian freight firm Globaltrans, seen as a barometer of the country's economy as it transports the natural resources and metals that are its lifeblood, sees an 8 percent rise in freight market turnover in 2012, ahead of 6 percent last year. Read More »