Intermodal

RWI Transportation promotes Adams to Senior Director of Operations

AJOT | August 03, 2011 | Intermodal

RWI Transportation, an asset-based logistics company that provides regional and national truckload, LTL, expedited, and refrigerated warehousing services, announced that John Adams has been named senior director of operations. Read More »

Central Freight Lines receives top honor for fleet safety

AJOT | August 03, 2011 | Intermodal

Central Freight Lines (CFL), a leading less-than-truckload (LTL) for-hire common carrier, today announced it received the 1st Place Safety Award from the Texas Motor Transportation Association (TMTA). This significant safety award honors the carrier that Read More »

CN investing US$165 million to expand Kirk Yard and relocate locomotive repair shop to Gary, Ind.

AJOT | August 03, 2011 | Intermodal

CN announced plans for a US$165-million expansion of its Kirk Yard in Gary, Ind., and relocation of its Chicago area locomotive repair shop to the upgraded freight car classification facility in Northwest Indiana.

The project will increase Kirk Yard's Read More »

Package & courier buys to deliver growth at TransForce

AJOT | August 03, 2011 | Intermodal

TransForce Inc is eyeing more acquisitions in the high-margin package and courier space to drive growth, as the Canadian trucker continues to move away from its traditional business of small freight shipping.

The company, which posted a second-quarter Read More »

Partnership with Cline a key part of CN’s export coal growth strategy

AJOT | August 03, 2011 | Intermodal

As announced previously, CN reached a definitive agreement to sell substantially all of the assets of IC RailMarine Terminal Company, located on the east bank of the Mississippi River at Convent, La., to Raven Energy, LLC, an affiliate of Foresight Energy Read More »

Arkansas Best swings to Q2 profit

AJOT | August 03, 2011 | Intermodal

Arkansas Best Corp swung to a quarterly profit that beat market estimates on healthy tonnage levels and increased account pricing, snapping its losing streak of 10 consecutive quarters.

"However, the progress made so far does not produce sufficient re Read More »

Hub Group Q2 results beats Street

AJOT | July 27, 2011 | Intermodal

Freight management company Hub Group Inc posted better-than-expected quarterly results as its intermodal segment drove sales growth.

For the April-June period, the company earned $14.4 million, or 39 cents a share, compared with $9.6 million, or 26 ce Read More »

Transportation Costing Group announces next generation product

AJOT | July 27, 2011 | Intermodal

Transportation Costing Group (TCG), the premier provider of Activity-Based Costing and Profitability Management solutions for truckload and less-than-truckload (LTL) motor carriers, today announced the availability of the next generation of its highly acc Read More »

Canadian Pacific Q2 profit falls on flooding woes

AJOT | July 27, 2011 | Intermodal

Canadian Pacific Railway reported a 23 percent fall in second-quarter profit as harsh weather and prolonged flooding hampered railroad operations.

Canada's second-biggest railroad said April-June profit fell to C$128 million ($135.7 million), or 75 Ca Read More »

Norfolk Southern Q2 profit beats estimates

AJOT | July 27, 2011 | Intermodal

U.S. railroad Norfolk Southern Corp reported higher quarterly profit that beat Wall Street forecasts, with the coal and intermodal sectors leading a double-digit revenue increase.

Fuel costs and tight truck capacity have driven more shipments to the r Read More »

ATA truck tonnage index jumped 2.8% in June

AJOT | July 25, 2011 | Intermodal

The American Trucking Associations' advance seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 2.8% in June after decreasing a revised 2.0% in May 2011. May's drop was slightly less than the 2.3% ATA reported on June 27, 2011. The latest gain Read More »

Southeastern Freight Lines receives LTL Carrier of the Year Award from Rheem Water Heating

AJOT | July 25, 2011 | Intermodal

Southeastern Freight Lines, a regional less-than-truckload (LTL) transportation services provider, has earned the 2010 LTL Carrier of the Year award by Rheem Water Heating Division for the second year in a row.

Additionally, Southeastern received the Read More »

Union Pacific sees rail oil shipments quadrupling

AJOT | July 25, 2011 | Intermodal

Union Pacific Corp, the largest publicly held U.S. railroad, said it it expects to quadruple the amount of oil it carries this year from the Bakken shale formation in North Dakota to U.S. Gulf Coast refineries.

"We'll probably quadruple the amount thi Read More »

CN Rail second-quarter earnings rise 4%

AJOT | July 25, 2011 | Intermodal

Canadian National Railway Co reported a 4 percent increase in quarterly earnings on Monday as freight volumes rose and revenues increased across commodity groups.

The increase in earnings came despite difficulties including floods in Western Canada, f Read More »

Vitran Q2 lags Street on weak US operations

AJOT | July 25, 2011 | Intermodal

Canadian trucking company Vitran Corp posted a wider-than-expected quarterly loss, despite a 23 percent rise in revenue, hurt partly by weakness in its U.S. operations.

"Our U.S. LTL (less than truckload) operation had a significant challenge working Read More »

YRC completes restructuring, appoints new CEO

AJOT | July 25, 2011 | Intermodal

U.S. trucker YRC Worldwide Inc named transportation industry veteran James Welch as its new chief executive, effective immediately, and revamped its board after completing a financial restructuring.

Welch, who has more than 30 years of experience in t Read More »

Kansas City Southern Q2 profit rises

AJOT | July 25, 2011 | Intermodal

U.S. railroad company Kansas City Southern reported higher quarterly results driven by robust auto, intermodal and coal segments, and said revenue growth in the second half would surpass the first half.

Midwest flooding disrupted traffic for some of t Read More »

Landstar results top estimates

AJOT | July 24, 2011 | Intermodal

Freight transportation and logistics company Landstar System Inc posted a higher-than-expected quarterly profit, sending shares up more than 6 percent to their highest level in nearly three years.

The company said strong pricing and an improving freig Read More »

Fixing the transportation infrastructure: A simple public works project

AJOT | July 24, 2011 | Intermodal

There has never been a greater degree of conversation and talk over our nation's transportation problems than exists today. Ideas range from the rational to the irrational as ideas flow from the left and right. But to date, no comprehensive plan has been Read More »

Rail, roads need upgrade as Paranagua port expands

AJOT | July 24, 2011 | Intermodal

Authorities should improve road and rail links to Paranagua in southern Brazil as part of the expansion of the port, said Plinio Nastari, head of the Datagro sugar consultancy.

Paranagua port plans a $1.6 billion expansion that will increase its capac Read More »