Intermodal

Southeastern Freight Lines provides customers new estimated time of delivery service

AJOT | September 02, 2010 | Intermodal

Southeastern Freight Lines, a regional less-than-truckload (LTL) transportation services provider, is introducing a service feature new to the LTL industry: Estimated Time of Delivery (ETD). Southeastern can now estimate the delivery of a shipment within Read More »

Harsco receives new rail equipment orders totaling million

AJOT | September 02, 2010 | Intermodal

Worldwide industrial services and engineered products company Harsco Corporation (NYSE:HSC) announced new orders totaling $13 million for its Harsco Rail unit, including orders from Bangladesh and Liberia, as the Company continues to expand the internatio Read More »

CN gearing up for fall grain harvest

AJOT | September 02, 2010 | Intermodal

The Canadian harvest is getting underway and CN is ready to meet the demand. CN's objective is to move this year's crop more reliably than it ever has before. And CN has launched a Scheduled Grain Plan to do just that. Read More »

DB Schenker Rail to invest in new freight cars and locomotives

AJOT | September 02, 2010 | Intermodal

DB Schenker Rail, the Deutsche Bahn freight operator, will invest approx. EUR 410 million primarily in new freight cars and locomotives throughout Europe this year. "This is a record amount which we plan to invest at exactly those points where there is in Read More »

Kansas City Southern says post-storm volumes surge

AJOT | September 02, 2010 | Intermodal

Kansas City Southern said that it expects its second-half revenue to increase almost 20 percent due to rebounding freight volumes, providing what it characterized as a "very strong finish" to the year. Read More »

Ex-Yugo states to form joint cargo railway firm

AJOT | September 02, 2010 | Intermodal

Three ex-Yugoslav republics will next week form a joint railway company, aiming to win back some of the cargo market in central Europe lost during the ethnic wars of the 1990s. In a rare display of close business cooperation, Slovenia, Croatia and Serbia Read More »

ATA truck tonnage index rose 1.5% in July

AJOT | August 29, 2010 | Intermodal

The American Trucking Associations' advance seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 1.5 percent in July, although June's reduction was revised from 1.4 percent to 1.6 percent. The latest improvement raised the SA index from 108.3 Read More »

Greenbrier gets $130 mlllion railcar deal

AJOT | August 29, 2010 | Intermodal

Greenbrier Cos Inc said it received about $130 million worth of new railcar and refurbishment orders and plans to add jobs at its plant, in a sign that the nascent recovery in the railcar market is on track.

The company's railcar business, wh Read More »

Rail operator wants Uganda’s non-operational lines

AJOT | August 29, 2010 | Intermodal

Rift Valley Railways (RVR) is seeking the return of two derelict sections of track seized by the Ugandan government over what it said was the operator's failure to invest in them. Read More »

US Western Railroads seen as a key

AJOT | August 29, 2010 | Intermodal

Grain merchants say the wild card for success or failure in moving more than 130 million tons of U.S. grain exports in the coming year will be "logistics," meaning barge and truck availabilities but especially railcars and diesel locomotives. Read More »

Key figure of U.S. chemical demand rises

AJOT | August 24, 2010 | Intermodal

Chemical shipments on U.S. railroads rose 6.8 percent last week, the Association of American Railroads said.

Chemicals shipments on trains, called rail car loadings, are a measure of demand for products ranging from plastics to fertilizers. Read More »

Direct ChassisLink to expand operations in Pacific Southwest locations

AJOT | August 24, 2010 | Intermodal

Direct ChassisLink (DCLI) will expand its chassis program to the Pacific Southwest areas effective October 4, 2010. Locations will include Long Beach, Los Angeles, San Diego, Oakland and Phoenix. DCLI will offer chassis for use in these markets to draya Read More »

Norfolk Southern selling 100-year bonds

AJOT | August 24, 2010 | Intermodal

U.S. railroad Norfolk Southern Corp is marketing 100-year bonds in a move to lock in low borrowing costs, a company spokesman said.

The bonds, expected to be priced later on Monday, are a reopening of a $300 million 100-year issue Norfolk Sou Read More »

The United States is “disappointed” Mexico has decided to impose retaliatory duties…

AJOT | August 19, 2010 | Intermodal

The United States is "disappointed" Mexico has decided to impose retaliatory duties on additional U.S. goods in a dispute over cross-border trucking, the top U.S. trade official said.

"Mexico is an important U.S. export market and President ( Read More »

East Africa needs up to $25 bln for rail upgrade

AJOT | August 19, 2010 | Intermodal

East Africa needs to raise up to $25 billion, or nearly two-thirds of Kenya's annual output, over the next decade to upgrade its railways to boost trade, a senior regional official said.

"We are talking about the railway master plan which is Read More »

Mexico puts tariffs on more US goods in truck row

AJOT | August 19, 2010 | Intermodal

Mexico expanded the list of U.S. products subject to retaliatory tariffs as it steps up pressure on Washington to settle a long-running dispute that has kept Mexican long-haul trucks off U.S. roads.

The government of President Felipe Calderon Read More »

Exotic debt return brewing in transport, jet bonds

AJOT | August 17, 2010 | Intermodal

With structured finance markets largely moribund, some investors are taking a test drive in esoteric securitization markets backed by trains, planes and ships.

Securities backed by transportation assets and equipment leases varying from shipp Read More »

Mexico puts tariffs on more US goods in truck row

AJOT | August 17, 2010 | Intermodal

Mexico expanded the list of U.S. products subject to retaliatory tariffs as it steps up pressure on Washington to settle a long-running dispute that has kept Mexican long-haul trucks off U.S. roads.

The government of President Felipe Calderon Read More »

Rebates are still available under the Conserve Nova Scotia Trucking Program

AJOT | August 17, 2010 | Intermodal

The Atlantic Provinces Trucking Association announced that the deadline to apply for the Conserve Nova Scotia Energy Efficiency Incentive Program as been extended to September 30th, 2010. Read More »

Trucking for Sarcoma event raises $30,000 for Gist cancer awareness

AJOT | August 15, 2010 | Intermodal

The Annual 'Trucking for Sarcoma' Event was held in late July. International Sarcoma Week ran from July 18 to July 25 and Marine Transport Company was a major participant. The trucking company's 450 members helped raise awareness of cancer sarcoma with 'S Read More »