Intermodal

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 »

‘Cold Train Intermodal’ celebrates successful one-year anniversary

AJOT | April 03, 2011 | Intermodal

Cold Train was spun off from Rail Logistics (of Overland Park, KS). According to Chris Mnichowski, the Owner and President of CTI Freight Systems, the parent company of Cold Train Intermodal (dba "Cold Train"), "We needed to direct our time, talents and r Read More »

South African rail derailment lost 500,000 tons of export coal

AJOT | April 03, 2011 | Intermodal

A derailment on South Africa's rail lines to the Richards Bay Coal Terminal has lost around 500,000 tons of export coal, industry sources said.

The accident, which took place on the line near Ermelo in the northeastern province of Mpumalanga, shut two 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 »

Hub Group buys Exel Transportation for $83 mlllion

AJOT | April 03, 2011 | Intermodal

Transportation management company Hub Group Inc said it bought Dallas, Texas-based freight broker Exel Transportation Services for about $83 million. Read More »

ATA President Graves to Congress: give us the affordable fuel we need

AJOT | March 30, 2011 | Intermodal

American Trucking Associations President and CEO Bill Graves told members of the House Natural Resources Committee that policymakers need to step up and ensure that the trucking industry has access to affordable diesel fuel.

'There is no single soluti Read More »

ATA Chairman Windsor tells Congress trucking needs a highway bill

AJOT | March 30, 2011 | Intermodal

Barbara Windsor, president and CEO of Hahn Transportation Inc., and chairman of American Trucking Associations, told members of the House Transportation and Infrastructure Committee's Subcommittee on Highways and Transit that the trucking industry needed Read More »

OneTerminal TMS saving local cartage companies time and money

AJOT | March 30, 2011 | Intermodal

JSY Software, a leading provider of software solutions for local trucking, announced the availability of OneTerminal TMS V2.0, a software application designed specifically for managing the operations of trucking companies that operate from a single locati 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 »

Old Dominion deploys automated platform to boost accounts receivable efficiency

AJOT | March 24, 2011 | Intermodal

Old Dominion Freight Line Inc. is increasing processing productivity in its accounts receivable department upwards of 500 percent with the deployment of new technology.

By using Brainware Distiller for Remittances, an automated platform that captures 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 »