Intermodal

Kazakhstan rail firm sees profit rise in 2011

AJOT | January 11, 2011 | Intermodal

Kazakhstan's state rail company, Kazakhstan Temir Zholy, expects a rise in net profits this year of at least 5.9 percent as it transports more goods across Central Asia's largest economy, the head of the company said. Read More »

Sumitomo, Nippon Sharyo get Taiwan rail car order

AJOT | January 09, 2011 | Intermodal

The Taiwan Railways Administration said it has ordered 136 rail cars worth T$10.6 billion ($363 million) from Sumitomo Corp, Japan's No. 3 trading company, and rail equipment maker Nippon Sharyo.

The two Japanese companies will begin by supplying 16 c Read More »

TRAC Intermodal’s Rubin elected IANA Chairman for 2011

AJOT | January 09, 2011 | Intermodal

The Board of Directors of the Intermodal Association of North America (IANA) announced the results of its election for 2011 officers. Steve Rubin, President & CEO, TRAC Intermodal was elected by the Board as its new Chairman. Rubin, who succeeds Stephen Read More »

US proposes to open roads to Mexican trucks

AJOT | January 09, 2011 | Intermodal

The Obama administration proposed a new inspection and monitoring regime to permit long-haul trucks from Mexico on U.S. highways after years of delays over safety concerns and political wrangling.

The Transportation Department's compromise seeks to re Read More »

Greenbrier narrows Q1 loss, says to break even in Q2

AJOT | January 09, 2011 | Intermodal

Railroad equipment supplier Greenbrier Cos Inc posted a narrower-than-expected quarterly loss, helped by higher railcar deliveries, and expects to break even in the second quarter.

Greenbrier, which builds and maintains railroad freight cars, said it Read More »

Jefferies starts transportation, freight companies with buy

AJOT | January 09, 2011 | Intermodal

Jefferies & Co started coverage of a slew of U.S. transportation and logistics companies, including FedEx Corp , United Parcel Service and Canadian Pacific Railway, with a "buy" rating, citing improved pricing.

The brokerage also said earnings of rail Read More »

Mitsubishi Caterpillar Forklift America announces new Jungheinrich’ warehouse products for US

AJOT | January 09, 2011 | Intermodal

Mitsubishi Caterpillar Forklift America Inc. (MCFA), a leading provider of forklift trucks in the United States, Mexico, Canada and Latin America, announced the addition of three new Jungheinrich'-branded warehouse products to its North American product l Read More »

New rail product from DB Schenker links Oslo and Narvik

AJOT | January 09, 2011 | Intermodal

DB Schenker's new product connects the Norwegian capital Oslo to the Arctic Circle town of Narvik. The national company Schenker AS now offers regular rail transports on the 1,960 kilometer route. The DB Schenker North Rail Express brings consumer goods, Read More »

Old Dominion Freight Line promotes two officers to Senior VP

AJOT | January 09, 2011 | Intermodal

Old Dominion Freight Line, Inc. announced the promotion of Kevin M. 'Marty' Freeman to Senior Vice President of Sales and Cecil 'Chip' E. Overbey, Jr. to Senior Vice President of Marketing, Pricing and Strategic Development. Mr. Freeman had been Vice Pres Read More »

Old Dominion Freight Line announces passing of Yowell, Executive VP & COO

AJOT | January 04, 2011 | Intermodal

Old Dominion Freight Line, Inc. regrets to announce the passing of John B. Yowell, the Company's Executive Vice President and Chief Operating Officer, on December 30, 2010. A 27-year employee of Old Dominion, Mr. Yowell had served in his current position Read More »

UPS to spend $100 mlllion on new healthcare facilities

AJOT | January 04, 2011 | Intermodal

United Parcel Service plans to open four new global healthcare distribution centers, driven by rapid demand from pharmaceutical, biotech and medical device companies.

The world's largest package delivery company said it expects to spend $100 million t Read More »

Southeastern Freight Lines launches Southeastern Logistics Solutions

AJOT | January 04, 2011 | Intermodal

Southeastern Freight Lines is launching a new subsidiary, Southeastern Logistics Solutions, that will provide expedited service and multi-modal transportation services across the nation through strategic capacity partnerships.

Initially, the primary f Read More »

ABF Global expansion reaches into the Dominican Republic with door delivery

AJOT | January 04, 2011 | Intermodal

Continuing its global expansion, ABF' is providing seamless, single-contact door delivery for customers shipping to the Dominican Republic. ABF expanded its Caribbean coverage in response to increased demand for shipping solutions from customers taking ad Read More »

Czech government mulling rail cargo merger

AJOT | January 04, 2011 | Intermodal

The Czech government is considering merging Czech rail cargo unit CD Cargo with its much larger Polish counterpart PKP Cargo in the most ambitious central European railway deal ever, daily Mlada Fronta Dnes reported. Read More »

US proposes new rest rules for truckers

AJOT | January 03, 2011 | Intermodal

The Obama administration favors giving truckers more rest, but for now is leaving open the question of whether drivers should spend fewer hours each day behind the wheel.

The Transportation Department proposed a new regulation that it hopes will end a Read More »

BNSF discount to ship US SRW wheat stirs trade

AJOT | January 03, 2011 | Intermodal

BNSF Railway announced a discounted rate for 110-car trains of soft red winter wheat headed for the Texas Gulf, an unusual destination for that class of wheat, traders said.

Only about 7 percent of U.S. soft red winter wheat exports were shipped thro Read More »

CN completes construction of Griffith, IN, rail connection

AJOT | January 03, 2011 | Intermodal

CN has completed construction of the first major rail connection built as part of the continuing integration of the Elgin, Joliet and Eastern Railway Company (EJ&E) that, when all connections are constructed, will enhance the fluidity of train movements a Read More »

CN elects Carty to its Board of Directors

AJOT | January 03, 2011 | Intermodal

CN announced that Donald J. Carty has been elected to serve on the Board of Directors of CN. Carty will join the Board on Jan. 1, 2011. Read More »

US truckers face cost squeeze in 2011

AJOT | January 03, 2011 | Intermodal

A recovering U.S. economy and a shortage of skilled drivers will force the nation's trucking industry to either pass through unpopular price hikes next year or take a hit to their profit margins.

Rising demand for consumer and industrial goods means t Read More »

TransCore’s North American Freight Index reports fourth consecutive month of near-record spot market

AJOT | December 20, 2010 | Intermodal

Since August, TransCore's spot market freight volume has exceeded same-month levels for every year since 2005, the peak year for truckload freight on the spot market. November was no exception, up 72 percent from a year ago, according to the TransCore Nor Read More »