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Issue #592

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Breakbulk Quarterly

3PL Quarterly

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2014 Media Kit

Intermodal

Page 144 of 221 pages ‹ First  < 142 143 144 145 146 >  Last ›

CN makes network investments in Alberta rail corridors

AJOT | May 12, 2011 | Intermodal

CN has announced major investments to double track key segments of its high-volume main line east of Edmonton, add capacity to its rail line to the oil sands region of northern Alberta, and improve velocity at its Walker Yard freight car classification fa Read More »

CSX to split stock, raise dividend, buy shares

AJOT | May 04, 2011 | Intermodal

CSX Corp announced a 3-for-1 stock split, a 38 percent quarterly dividend increase and a $2 billion share repurchase program.

The quarterly dividend was raised to 36 cents, or 12 cents per share on a post-split basis. It is payable on June 15 for hold Read More »

FTR’s trucking conditions index continues upward trend

AJOT | May 04, 2011 | Intermodal

FTR's Trucking Conditions Index, as reported in the May Trucking Update, rose to 13.30 in March from a February reading of 9.92. A key driver for the improvement in the TCI was the ability of carriers to garner higher rates as industry capacity tightened. Read More »

GE railcar leasing unit for sale

AJOT | May 04, 2011 | Intermodal

General Electric Co has put its railcar leasing business up for sale, its second attempt in three years to offload a business that could be worth more than $3 billion, a source familiar with the situation.

GE, the largest U.S. conglomerate, has hired Read More »

Spatafore named rail industry’s top environmentalist

AJOT | May 04, 2011 | Intermodal

CSX Transportation commended Richard J. Spatafore, division engineer, Jacksonville, for receiving the 2010 Association of American Railroads' John H. Chafee Environmental Excellence Award. CSX nominated Spatafore for the award, named for the late Rhode Is Read More »

Business pushes US Congress to clear bigger trucks

AJOT | May 04, 2011 | Intermodal

Manufacturers, retailers, and other businesses are quietly working with truckers in renewing a push for U.S. government permission to operate bigger and heavier rigs, to the dismay of unions and safety advocates.

Lobbying coalitions for hundreds of co Read More »

Con-way profit beats estimates

AJOT | May 04, 2011 | Intermodal

U.S. trucking and logistics company Con-Way Inc reported quarterly profit well above estimates, and said improved pricing and fuel surcharges boosted revenue.

Con-way reported net first-quarter profit of $6.9 million, or 12 cents per share, compared w Read More »

YRC restructuring plan approved

AJOT | May 02, 2011 | Intermodal

YRC Worldwide Inc said lenders had agreed to its restructuring plan.

The Overland Park, Kansas-based company said in a news release that more than 95 percent of its senior secured lenders have approved the plan, which would leave existing shareholders Read More »

Canada’s Red River flooding to crest this week

AJOT | May 02, 2011 | Intermodal

A weekend storm that brought snow, rain and strong winds to the already flooded Red River Valley created large waves but did not inflict major damage on flood defenses in the Canadian province of Manitoba.

The Red River is expected to peak in the prov Read More »

Myanmar, China agree cross-border rail project

AJOT | April 28, 2011 | Intermodal

Myanmar and China have agreed to build a rail link connecting Southwest China with the Indian Ocean, officials and local media said.

The railroad will be built in five stages over the next three years and will stretch for total of 1,215 kilometres (75 Read More »

Norfolk Southern profit jumps

AJOT | April 28, 2011 | Intermodal

Norfolk Southern Corp reported a quarterly profit that beat Wall Street estimates as shipments of goods from coal to autos picked up, even as higher fuel prices raised costs.

Fuel costs and truck capacity shortages have driven more traffic to railroad Read More »

TransForce to buy DHL Express Canada’s domestic business

AJOT | April 28, 2011 | Intermodal

TransForce Inc , a mid-tier Canadian trucker, said it will buy the assets of DHL Express Canada's domestic business, to boost its presence in package and courier services.

The deal is expected to add more than C$275 million to TransForce's annual reve Read More »

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