January 13, 2015 - Industry News
CSX Corp. on Tuesday announced record fourth-quarter 2014 net earnings of $491 million, a 15% increase from $426 million for the same period last year, due in part to highway-to-rail freight conversions.
Tags: Railroads, Intermodal, Earnings, CSX
Infinity Transportation Logistics recently launched its new expedited refrigerated domestic intermodal container service between Washington and Oregon and the Midwest and East Coast.
Tags: Railroads, Intermodal
January 8, 2015 - Industry News
ASF Intermodal opened its newest intermodal drayage facility in Charlotte, N.C., the company’s first North Carolina terminal.
Tags: North Carolina, Expansion, ASF Intermodal, Terminals, Intermodal, Port Trucking
January 5, 2015 - Industry News
Intermodal rail traffic moved by U.S. railroads posted a healthy gain for all of last year, according to new figures released by the Association of American Railroads.
Tags: Canada, Mexico, Railroads, Intermodal, Association of American Railroads
December 16, 2014 - Industry News
The Jacksonville, Fla.-based transportation company hopes to create opportunities for increased cross-border trade with the new terminal.
Tags: Intermodal, GSX
December 12, 2014 - Industry News
Capacity Trucks sponsored a raffle raising money for a local food bank using the Ice Bucket Challenge, a popular viral internet campaign to raise awareness for ALS. Capacity donated the $1,600 it raised to the East Texas Food Bank.
Tags: Intermodal, People, Donations, Charity Fundraiser
December 5, 2014 - Industry News
The Association of American Railroads said Thursday for the week ending Nov. 29, U.S. railroad intermodal volume totaled 220,873 units, up 6.2% compared with the same week last year and the highest level on record.
Tags: Economy, Railroads, Intermodal, Freight
December 1, 2014 - Industry News
ASF Intermodal opened an intermodal drayage facility in Fort Worth, Texas. It's the firm's third such facility in the state, joining locations in Houston and Dallas.
Tags: Intermodal, ASF Intermodal, Texas
The third-party logistics provider C.H. Robinson Worldwide Inc. has reached an agreement to acquire Freightquote.com Inc. for $365 million in cash.
Tags: Intermodal, LTL, Truckload, C.H. Robinson, 3PL, Freightquote.com, Mergers & Acquisitions, Brokers
November 21, 2014 - Industry News
The Journal of Commerce reports an agreement has been reached on a plan creating a “gray” chassis pool that would allow truckers to freely interchange chassis throughout the Port of New York and New Jersey as soon as early next year.
Tags: Port Trucking, Port of New York and New Jersey, Intermodal
November 11, 2014 - Industry News
Infinity Transportation this week said it is launching a new expedited refrigerated domestic intermodal container service operating from the Pacific Northwest to the Midwest and East Coast due to capacity constraints with refrigerated trucking service.
November 10, 2014 - Industry News
Total intermodal freight volume rose 5.1% in the third quarter of the year compared to the same time in 2013, while domestic U.S. and international volumes individually reported gains in of 5.5% and 4.7%, respectively.
Tags: Intermodal, Freight, Economy
November 7, 2014 - Industry News
According to the Association of American Railroads, it totaled 1,381,749 containers and trailers, up 4.9%, or 64,071 units, over October 2013.
November 3, 2014 - Industry News
The week ending Oct. 25, rail intermodal traffic was up 6.7% compared with the same week last year -- higher growth than that of rail traffic overall.
Tags: Railroads, Intermodal, Freight, Economy, NAFTA, Global
October 21, 2014 - Industry News
Called the Sunshine Gateway service, this ship to rail transfer allows the port to handle additional volumes and ensures that shipments move more quickly with the potential to reach 70% of the United States population in four days or less
Tags: Railroads, Intermodal, Ports, PortMiami
October 20, 2014 - Industry News
Canadian Pacific Railway Ltd. announced Monday that exploratory conversations held with CSX Corp. about a possible merger between the two railroads have ended. No further talks are planned.
Tags: Railroads, Intermodal, CSX
The increased volume reflects peak season volumes and larger vessels calling at the facility, according to port officials.
Tags: Economy, Port of Los Angeles, Ports, Port Trucking, Intermodal, California
October 16, 2014 - Industry News
Exports moving across Port of Virginia facilities in September helped drive a high amount of cargo through port terminals but officials concede truck wait times could be shorter.
Tags: Virginia, Ports, Port Trucking, Intermodal
October 15, 2014 - Industry News
Trucking company Marten Transport Ltd. has reported net income of $7.7 million, or 23 cents per diluted share, for the third of the year, down slightly from $8 million, or 24 cents per diluted share, from the same time a year ago.
Tags: Intermodal, Earnings, Marten Transport
October 14, 2014 - Industry News
J.B. Hunt Transport Services announced third quarter 2014 net earnings of $102.4 million, or diluted earnings per share of 87 cents compared to third quarter 2013 net earnings of $89.5 million, or 75 cents per diluted share.
Tags: J.B. Hunt, Intermodal, Earnings
After a turbulent start to 2014, the nation’s retailers expect sales in November and December to increase a healthy 4.1% to $616.9 billion, higher than 2013’s actual 3.1% increase during that same time frame.
Tags: Economy, Retail Sales, Imports, Intermodal, Ports
September 19, 2014 - Industry News
The 2014 Intermodal Expo in Long Beach, Calif., is bringing together industry leaders to discuss industry trends and business opportunities. The expo is being launched by the Intermodal Association of North America.
Tags: Port of Long Beach, City of Long Beach, Intermodal, IANA, Events
September 17, 2014 - Industry News
Quality said it completed testing of the service with its western rail partner earlier in the current quarter and has begun initial shipments with some of its largest customers.
Tags: Drivers, Driver Shortage, Intermodal, Quality Distribution, Quality Carriers
September 15, 2014 - Industry News
PierPass Inc. has launched a new test program called the Free-Flow Program to reduce the time trucks spend picking up containers at marine terminals.
Tags: Port of Long Beach, Intermodal, Shipping Ports, Port of Los Angeles
September 9, 2014 - Industry News
UPDATED -- Due to litigation and upcoming settlements, one trucking operation is abandoning its owner-operator business model in California.
Tags: Drivers, California, Intermodal, Ports, Owner-Operators, Litigation, Hub Group
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