Intermodal

News from the intermodal freight transportation industry.


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FRA makes $153M available in funding to initiate, restore, and enhance intercity passenger rail services

AJOT | July 12, 2024 | Intermodal | Rail

New Bipartisan Infrastructure Law funding bolsters opportunities to improve the intercity passenger rail network...

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AAR reports rail traffic for the week ending July 6, 2024

AJOT | July 10, 2024 | Intermodal | Rail

The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending July 6, 2024.

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Consolidated Chassis Management promotes Summers to VP, Corporate Maintenance & Procurement

AJOT | July 09, 2024 | Intermodal | Ports & Terminals | Equipment and Tech | People | Appointments

Consolidated Chassis Management (CCM), one of the leading interoperable chassis pool managers in the United States, announces that Martin D. Summers has been promoted to Vice President, Corporate Maintenance & Procurement. 

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Biden-Harris Administration makes more than $1.1 billion available to strengthen safety at rail crossings and reduce blocked crossings

AJOT | July 09, 2024 | Intermodal | Rail

Created by President Biden’s Bipartisan Infrastructure Law, the Railroad Crossing Elimination Grant Program continues to address safety and connectivity in local communities across the country

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AAR reports rail traffic for June and the week ending June 29, 2024

AJOT | July 03, 2024 | Intermodal | Rail

The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending June 29, 2024, as well as volumes for June 2024.

CN announces net-zero target approved by science based targets initiative

AJOT | July 03, 2024 | Green Shipping | Intermodal | Rail

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The Port of New Orleans acquires Coffee Drive warehouse, announces 10-year lease with The Kearney Companies, Inc.

AJOT | July 02, 2024 | Intermodal | Rail | Logistics | Ports & Terminals | Terminals

The Port of New Orleans (Port NOLA) today announced its purchase of the 210,000 square foot warehouse located at 5200 Coffee Drive in the Uptown Port of New Orleans Terminal, which is supported by a new, 10-year lease with The Kearney Companies, Inc. (The Kearney Companies), a subsidiary of Precision Terminal Logistics (PTL).

Pacific Harbor Line continues to lead rail industry safety, sustainability and efficiency

AJOT | July 02, 2024 | Green Shipping | Intermodal | Rail | Ports & Terminals

Crowley awarded major U.S. contract to continue leading defense freight transportation services
Intermodal
AJOT | Top Story | July 02, 2024

Crowley awarded major U.S. contract to continue leading defense freight transportation services

Extending its trusted relationship with the U.S. Government, Crowley today announced the award by U.S. Transportation Command (USTRANSCOM) of a $ 2.3 billion, seven-year contract to continue serving the military’s transportation and logistics needs under the Defense Freight Transportation Services program.
Intermodal EXPO receives trade show accolades

AJOT | July 02, 2024 | Intermodal

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Railroads to review NTSB findings, consider next steps

AJOT | June 26, 2024 | Intermodal | Rail

The National Transportation Safety Board (NTSB) released its findings on the probable cause of the 2023 East Palestine, OH derailment and related safety recommendations.  

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AAR reports rail traffic for the week ending June 22, 2024

AJOT | June 26, 2024 | Intermodal | Rail

The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending June 22, 2024.

FedEx’s strong profit forecast, freight review drive stock surge
Air Cargo
Bloomberg | Top Story | June 26, 2024

FedEx’s strong profit forecast, freight review drive stock surge

FedEx Corp. forecast profit above Wall Street’s expectations and said it would buy back $2.5 billion of its stock over the next year, lifting its shares on signs that a sweeping plan to reorganize and cut costs was taking hold.
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Thelo to raise $250 million with eye on Africa’s giant rail corridors

Bloomberg | June 25, 2024 | Intermodal | Rail | Ports & Terminals

Thelo Group’s management plans to buy Deutsche Bahn AG’s 49% shareholding and is in talks with financiers to raise $250 million to help the South African company transform into a developer of rail lines and ports in sub-Saharan Africa.

CONRAIL appoints Dwyer, Esq. as General Counsel

AJOT | June 25, 2024 | Intermodal | Rail | People | Appointments

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