Intermodal

Southeastern Freight Lines opens new service center in Charlotte, NC

AJOT | February 13, 2011 | Intermodal

Southeastern Freight Lines, a leader in regional less-than-truckload (LTL) transportation services, announces the opening of a second service center in Charlotte, N.C. in response to growing business in the region.

The new facility, located on a 30-ac Read More »

Vitran posts wider Q4 loss

AJOT | February 13, 2011 | Intermodal

North American transportation company Vitran Corp posted a wider fourth-quarter loss, hurt by higher-than-expected insurance-related expenses and increased operating costs.

Vitran, which has operations across Canada and the United States, posted a los Read More »

YRC provides new service options with mobile tools

AJOT | February 13, 2011 | Intermodal

YRC, the largest subsidiary of YRC Worldwide Inc., announced new mobile tools that allow YRC customers to track shipments, read the latest YRC news and access customer service. YRC is providing free iPhone and Android apps, along with a mobile website for Read More »

YRC reports improved 4th quarter

AJOT | February 13, 2011 | Intermodal

YRC Worldwide, the top U.S. trucker, said it saw improved operating results in the fourth quarter and reported more revenue than expected, as officials said the company was seeing volume growth and increased stability.

A year after it narrowly averted Read More »

CN, Montreal Port Authority, Montreal Gateway Terminals, Termont Montreal reach agreements…

AJOT | February 03, 2011 | Intermodal

CN, the Montreal Port Authority (MPA) and the two companies that operate the port's three key container terminals announced today two level of service agreements (LSAs) that will drive a strong focus on supply chain efficiencies.

The two agreements - Read More »

Con-way sees prices for trucking improving

AJOT | February 03, 2011 | Intermodal

Con-way Inc said prices for trucking are rising as capacity tightens.

"Pricing is not on a declining trajectory; it's on an improving trajectory," Herb Schmidt, president of Con-way Truckload, said on an analyst call on Thursday. Read More »

Ryder operating profit rises, outlook strong

AJOT | February 03, 2011 | Intermodal

Trucking and logistics company Ryder System Inc reported higher-than-expected quarterly profit and forecast double-digit revenue growth this year, lifting its shares by 4 percent.

Fourth-quarter results benefited from stronger commercial rentals and u Read More »

Railinc successfully launches new DDCT System

AJOT | February 01, 2011 | Intermodal

Railinc Corp. announced that the new Damaged and Defective Car Tracking (DDCT) system was successfully launched and is now operational for rail carriers, freight car owners and freight car repair shops. Authorized users across the rail industry are now us Read More »

TRAC Intermodal’ launches TRAC Connect’ in the Midwest and Ohio Valley

AJOT | February 01, 2011 | Intermodal

TRAC Intermodal announced that it has launched TRAC Connect throughout the Midwest and Ohio Valley to supply motor carriers directly with chassis for the pickup and delivery of CMA CGM loads. TRAC Intermodal has been selected as the preferred chassis solu Read More »

FedEx Expands LTL Offerings

AJOT | February 01, 2011 | Intermodal

FedEx Freight Corp., a subsidiary of FedEx Corp. and a less-than-truckload (LTL) market leader, significantly enhances its service offerings, launching its new unified LTL network and offering customers the choice of two levels of service from a single co Read More »

IMS Rail Switzerland AG takes over rail-based container transport services between…

AJOT | February 01, 2011 | Intermodal

Basel-based IMS Rail Switzerland and its 20-strong workforce are to take over the former traffics of ICF West with Rotterdam from February 1, 2011 in a seamless unbroken transfer of responsibility. The logistics and the shipping industry will thus be ab Read More »

Norfolk Southern profits rise, sees stronger 2011

AJOT | February 01, 2011 | Intermodal

U.S. railroad Norfolk Southern Corp said fourth-quarter net income rose 31 percent from a year ago and forecast stronger growth in 2011.

Winter storms hurt the company's network and boosted costs more than expected in December, but that volume has shi Read More »

JB Hunt posts higher quarterly profit

AJOT | February 01, 2011 | Intermodal

U.S. trucker J.B. Hunt Transport Services Inc posted a 39 percent jump in quarterly profit on strength in intermodal volumes.

JB Hunt's fourth-quarter net income was $57.9 million, or 46 cents a share, compared with $41.7 million, or 32 cents a share, Read More »

CSX sees gradual U.S. economic recovery continuing

AJOT | February 01, 2011 | Intermodal

The U.S. economy is on track for continued gradual recovery while international demand escalates, pointing to another year of robust shipments and core pricing gains for CSX Corp , the U.S. railroad company's chief executive said.

The company reported Read More »

New rail terminal to serve U.S. oilfields in Bakken

AJOT | February 01, 2011 | Intermodal

Savage Companies will build a rail terminal in North Dakota to help move crude oil from the prolific Bakken Shale to other regions, as railroads gain popularity as a mode of transport for U.S. oil supplies, the company.

The terminal, to be completed l Read More »

CP Railway tops profit forecast

AJOT | February 01, 2011 | Intermodal

Canadian Pacific Railway Ltd posted a better than expected 27 percent rise in quarterly profit on Wednesday and said it continued to see strong demand for all its rail services.

Net income at CP, Canada's second biggest railroad, rose to C$185.8 milli Read More »

Kansas City Southern sees 2011 gains, Mexico growth

AJOT | February 01, 2011 | Intermodal

U.S. railroad Kansas City Southern reported quarterly results that beat forecasts as commodity shipments rose, and said revenue should grow in the low double digits this year.

The company expects intermodal and vehicle shipments to boost its revenue, an Read More »

Gateway sees rail drive sales; to expand cold chain

AJOT | February 01, 2011 | Intermodal

Indian container logistics firm Gateway Distriparks expects its rail business to drive sales, though the high-margin container freight business will continue to be the biggest profit earner, senior officials said.

Gateway Distriparks operates across t Read More »

ATA truck tonnage index jumped 2.2% in December

AJOT | February 01, 2011 | Intermodal

The American Trucking Associations' advance seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 2.2 percent in December after falling a revised 0.6 percent in November. The latest improvement put the SA index at 111.6 (2000=100) in December, w Read More »

CN, CP Railway workers give union strike mandate

AJOT | January 23, 2011 | Intermodal

Unionized workers at both Canadian National Railway and Canadian Pacific Railway have voted in favor of giving their union a strike mandate if labor talks fail, the Canadian Auto Workers union.

The strike deadline at CN, the country's biggest railway, Read More »