Intermodal

Seacastle Chassis becomes “TRAC Intermodal”

AJOT | August 05, 2010 | Intermodal

Seacastle Chassis announced that it has changed its name to "Trac Intermodal". According to Steve Rubin, President and CEO of TRAC Intermodal, the new name and identity reflect the evolution of the Company's market strategy in a very dynamic intermodal in Read More »

PAM Transportation Services announces award of US DOE Grant

AJOT | August 05, 2010 | Intermodal

PAM Transportation Services, Inc. (Nasdaq:PTSI) announced the award of a United States Department of Energy grant to help fund alternative fuel vehicles and alternative fuel infrastructure. The grant is a cost-share project for 27 Compressed Natural Gas ( Read More »

Genesee & Wyoming Q2 profit beats Street, ups 2010 view

AJOT | August 05, 2010 | Intermodal

Genesee & Wyoming Inc., which owns and operates short-line and regional railroads, posted better-than-expected quarterly results, helped by an increase in freight revenue, and raised its 2010 outlook.

For 2010, the company expects earnings fr Read More »

TRAC Intermodal announces TRAC Connect for motor carriers

AJOT | August 05, 2010 | Intermodal

TRAC Intermodal, formerly known as Seacastle Chassis, announces its new product, TRAC Connect designed to provide chassis rental, leasing and related services to the intermodal drayage community. TRAC Connect is a web-based marketplace for marine chassis Read More »

Old Dominion Director of Safety Compliance receives Annual Statewide Safety Award

AJOT | August 05, 2010 | Intermodal

The North Carolina Trucking Association (NCTA) presented Sam Faucette of Old Dominion Freight Line with its Safety Director of the Year Award on July 24 during the NCTA Annual Safety Conference in Myrtle Beach, S.C.

Faucette joined Old Domini Read More »

Cooperative agreement between XLA and NITL

AJOT | August 05, 2010 | Intermodal

The Express Delivery and Logistics Association (XLA) announced a cooperative agreement with the National Industrial Transportation League (NITL).

NITL, created in 1907, is the leading organization for the freight transportation industry repr Read More »

Old Dominion launching security divider service

AJOT | August 05, 2010 | Intermodal

Old Dominion Freight Line Inc. has launched a new security divider service that provides an additional layer of protection for customers shipping extra-sensitive cargo.

The new service provides guaranteed, locked-in security for special or un Read More »

Fleet sentiment buying index jumps 39% in Q3 2010

AJOT | August 05, 2010 | Intermodal

The Q3 2010 Fleet Sentiment Report (FSR) Equipment Buying Index as reported by CK Commercial Vehicle Research jumped from the previous quarter to 90.2, the best reading in two years. The FSR Buying Index is a simple measure of planned buying behavior of Read More »

Environment, highways to benefit from 
‘safe and efficient transportation act (SETA) of 2010’

AJOT | August 05, 2010 | Intermodal

The American Trucking Associations (ATA) strongly supports the 'Safe and Efficient Transportation ACT (SETA) of 2010, S. 3705, introduced Aug. 4 by U.S. Senators Mike Crapo (R-Idaho), Susan Collins (R-Maine) and Herb Kohl (D-Wisc.). The legislation will a Read More »

CTP applauds bipartisan Senate bill giving states option to raise interstate weight limits

AJOT | August 05, 2010 | Intermodal

The Coalition for Transportation Productivity (CTP), a group of more than 160 shippers and allied associations dedicated to responsibly increasing federal weight limits on interstate highways, applauded Sens. Mike Crapo (R-Idaho), Herb Kohl (D-Wis.) and S Read More »

CN, TSI Terminal Systems Inc. sign comprehensive Service Level Agreement

AJOT | July 29, 2010 | Intermodal

CN and TSI Terminal Systems Inc. (TSI) announced the signing of a comprehensive Service Level Agreement (SLA). The agreement, which establishes specific performance targets and measurement tools, flows from the CN-TSI Supply Chain Collaboration Agreement Read More »

US railroad earnings top Wall Street forecasts

AJOT | July 29, 2010 | Intermodal

U.S. railroads Norfolk Southern Corp and Kansas City Southern posted results that topped Wall Street's forecasts, as recovering businesses needed to ship more products and commodities. Read More »

CN conductors on Northern Quebec internal short line ratify new collective agreement

AJOT | July 29, 2010 | Intermodal

CN announced train conductors represented by the Teamsters Canada Rail Conference (TCRC) on the Company's Northern Quebec Internal Short Line have ratified a new five-year collective agreement. Read More »

CP Rail earnings rise 30% on volumes, costs

AJOT | July 29, 2010 | Intermodal

Canadian Pacific Railway Ltd posted a 30 percent jump in quarterly profit, beating analyst expectations on the back of higher volumes and cost controls.

CP, Canada's second-biggest railroad, earned C$166.6 million ($162 million), or 98 Canadi Read More »

Old Dominion Safety Compliance Director honored as North Carolina’s ‘Safety Director of the Year’

AJOT | July 29, 2010 | Intermodal

Sam Faucette, director of safety compliance, training and recruiting for Old Dominion Freight Line Inc., was awarded the North Carolina Trucking Association's 'Safety Director of the Year' Award for 2010.
The announcement was made July 24 during th Read More »

RailAmerica posts Q2 loss

AJOT | July 29, 2010 | Intermodal

Short-line railroad operator RailAmerica Inc reported a quarterly loss, hurt by higher expenses.
The company posted a net loss of $4.2 million, or 8 cents a share, compared with net income of $18.2 million, or 42 cents a share, a year ago. Read More »

Direct ChassisLink to expand operations in Southeast and Gulf inland locations

AJOT | July 29, 2010 | Intermodal

Direct ChassisLink (DCLI) will expand its chassis program to the Southeast and Gulf inland regions effective September 7, 2010. Locations will include Dallas, Fort Worth, El Paso, Hidalgo, Laredo, San Antonio, Atlanta, Dalton, Charlotte, Memphis, Nashvil Read More »

ATA truck tonnage index fell 1.4% in June

AJOT | July 27, 2010 | Intermodal

The American Trucking Associations' advance seasonally adjusted (SA) For-Hire Truck Tonnage Index decreased 1.4 percent in June, although May's reduction was revised from 0.6 percent to just 0.1 percent. May and June marked the first back-to-back contrac Read More »

CN and UTU reach tentative hourly-rate labor agreement on DM&IR territory

AJOT | July 27, 2010 | Intermodal

CN announced that it has reached a tentative labor agreement with the United Transportation Union (UTU) for UTU-represented employees working on the Duluth, Missabe and Iron Range Railway Company (DM&IR). CN purchased the DM&IR as part of its May 2004 acq Read More »

Kansas City Southern profit tops Wall Street view

AJOT | July 27, 2010 | Intermodal

Kansas City Southern posted profit that easily topped Wall Street's expectations on Tuesday, as the U.S. railroad benefited from surging demand to haul autos, agricultural commodities and other goods.

The company reported profit available to Read More »