Intermodal

Kenya announces plan to buy land for standard gauge railway

Reuters | June 10, 2015 | Intermodal | Rail

Kenya said it will pay 4.4 billion shillings ($45 million) to acquire land for its standard gauge railway network, an ambitious infrastructure project aimed at boosting trade and cutting transport costs across eastern Africa. Read More »

China approves $19.3 billion of airport, rail projects

Reuters | June 10, 2015 | Air Cargo | Intermodal | Rail

China's top economic planner said it had given the green light to over 120 billion yuan ($19.34 billion) worth of airport and railway projects, the latest slew of infrastructure approvals as Beijing looks to avert a sharp slowdown in the economy. Read More »

New U.S. truck emissions rules could touch off industry struggle

Reuters | June 10, 2015 | Intermodal | Road

U.S. environmental regulators are expected within days to propose rules to make trucks more fuel efficient, and trucking industry executives and lobbyists familiar with the process said the rules will probably call for boosting fuel efficiency by 2027 nearly 40 percent from 2010 levels. Read More »

New Report Says U.S. Freight Rail Regulations Outdated, Recommends Modernization Efforts

AJOT | June 10, 2015 | Intermodal | Rail

While a 1980 reform law enabled the modernization and stabilization of the U.S. freight railroad industry, federal regulation has not kept pace with the industry’s transformation and should be replaced with a system better-suited for today’s freight rail system, says a new congressionally mandated report from the National Research Council’s Transportation Research Board. Read More »

Oakley Transportation Group expands with new terminal locations

AJOT | June 10, 2015 | Intermodal | Road

New terminals in Savannah, Charlotte and Chicago area added to better serve customers and bulk tank professionals throughout Eastern United States Read More »

Carolina Casualty Now Offering the Lytx DriveCam Program to its Truck Fleet Clients

PR Newswire | June 10, 2015 | Intermodal | Road

SAN DIEGO, June 10, 2015 /PRNewswire/ -- Lytx((TM)), Inc., the global leader in video-based driver safety technology, today announced that Carolina Casualty, a W. R. Berkley Company(®) and a leader in the commercial transportation insurance industry, is offering the Lytx DriveCam((TM)) program to its insured clients. Lytx DC Enterprise((TM)) and Lytx DC Protect((TM)) programs are available to Carolina Casualty clients at significantly subsidized rates, allowing clients to achieve savings of up to 70 percent of the program cost.

Read More »

Brazil’s Rousseff aims to lure $64 billion in infrastructure capital

Reuters | June 09, 2015 | Air Cargo | Intermodal | Rail | Ports & Terminals

President Dilma Rousseff unveiled an effort to draw 198.4 billion reais ($64 billion) in private investment to build, upgrade and operate Brazilian roads, railways, airports and harbor terminals. Read More »

Hungary first European country to sign up for China Silk Road plan

Reuters | June 09, 2015 | Intermodal | Rail

Hungary has become the first European country to sign a cooperation agreement for China's new "Silk Road" initiative to develop trade and transport infrastructure across Asia and beyond, China's foreign ministry said. Read More »

American Airlines And Qantas Airways To Add New Flights Between The United States And Australia

PR Newswire | June 09, 2015 | Intermodal

FORT WORTH, Texas, June 9, 2015 /PRNewswire/ -- American Airlines and Qantas Airways plan to significantly expand their joint business by adding new service between the U.S. and Australia. New routes between Los Angeles International Airport (LAX) and Sydney Airport (SYD), operated by American Airlines, and between San Francisco International Airport (SFO) and SYD, operated by Qantas, will provide customers with expanded options when traveling between the two regions.

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How to play a US trucker pair trade rising off five-year low

AJOT | June 09, 2015 | Intermodal | Road

Heartland Express Inc. shares are outpacing those of Knight Transportation Inc. as investors bet Heartland’s earnings growth will accelerate, while its trucking competitor’s slows. Read More »

CN Future Links kicks off community tour in Kamloops region with 15 Golf in Schools adoptions

AJOT | June 09, 2015 | Intermodal | Rail

CN and Golf Canada announced the continuation of CN’s school adoption program this year in Kamloops as an extension of their dedication to junior golf through the CN Future Links Community Tour. Read More »

Poland’s PKP Cargo eyes Czech Unipetrol’s freight unit

Reuters | June 08, 2015 | Intermodal | Rail

Poland's PKP Cargo, the European Union's second-biggest rail cargo operator, is looking to buy Unipetrol Dobrava, the freight unit of Czech oil refiner Unipetrol, daily Parkiet reported. Read More »

Shop.ca weighs IPO within next year after raising cash

Reuters | June 08, 2015 | Intermodal | Road

Canadian e-commerce start-up Shop.ca is looking at going public within the next year to take advantage of robust investor appetite for the country's technology sector, its top executive said. Read More »

RoadOne IntermodaLogistics announces growth investment by Tritium Partners

AJOT | June 08, 2015 | Intermodal | Road

RoadOne IntermodaLogistics (RoadOne), a leading provider of intermodal transportation solutions for domestic and international shippers announced a majority investment by Tritium Partners to accelerate its growth. Read More »

Canadian Q1 crude-by-rail exports dive 28% year-on-year

Reuters | June 04, 2015 | Intermodal | Rail

Canadian crude oil exports by rail in the first quarter plunged 28 percent year-on-year, the National Energy Board said, as shippers moved more crude by pipeline, which was cheaper. Read More »

South Africa’s Transnet gets 30 billion rand loan from Chinese bank

Reuters | June 04, 2015 | Intermodal | Rail | Ports & Terminals

State-owned logistics and freight firm Transnet will pocket a 30 billion rand ($2 billion) loan from the China Development Bank to improve its aging train fleet, its acting chief executive said. Read More »

ATA Welcomes Electronic Stability Control Mandate Announcement

PR Newswire | June 03, 2015 | Intermodal | Road

American Trucking Associations said it welcomed today's announcement by the National Highway Traffic Safety Administration that it would soon require new commercial trucks to be equipped with electronic stability control systems. Read More »

CSX CFO Updates Volume Expectations and Reaffirms Second Quarter and Full-Year Earnings Guidance

PR Newswire | June 03, 2015 | Intermodal | Rail

CSX Chief Financial Officer Fredrik Eliasson today reviewed the company’s quarter-to-date volume and service performance and reaffirmed second quarter and full-year 2015 earnings expectations at the Deutsche Bank Global Industrials & Basic Material Conference in Chicago. Read More »

Colombia court further restricts use of main coal railway

Reuters | June 02, 2015 | Intermodal | Rail

Colombia’s Constitutional Court has extended a restriction on the overnight use of the country’s main coal railway, Fenoco, and has partially suspended construction work on an adjacent track for three months, it said on Tuesday. Read More »

Greencarrier Freight Services strengthens management team to accelerate its growth programme

AJOT | June 02, 2015 | Intermodal | Road

Greencarrier Freight Services has appointed Mikael Forsberg as its first head of global sales as it seeks to develop a stronger international profile. It has also promoted Jarmo Halonen to the role of Group Director Road Freight. Read More »