CSX’s 4Q, Full-Year Earnings Jump on Higher Volume
CSX Corp. said Monday its fourth-quarter profit jumped 42% on higher shipments from auto manufacturers and other industrial shippers.
January 24, 2011Infographic: Ryder’s Foundation for a Successful Freight Brokerage
Globally, supply chains are facing unprecedented levels of disruption. As a result, shippers and carriers are challenged more than ever to keep goods moving while remaining profitable. While most brokerages point to technology as the key to achieving success, today’s setbacks have proven that technology alone isn’t enough.
Canadian Rail Workers Drop CN Strike Threat
Canadian National Railway Co. reached a contract deal with the Canadian Auto Workers union Monday and the union dropped its threat to strike Tuesday, Reuters reported.
January 24, 2011USA Truck Plans to Install SkyBitz Trailer-Tracking Feature
Truckload carrier USA Truck said it will fit almost all of its trailers with a new tracking system.
January 24, 2011Union Pacific’s 4Q Profit Jumps 41%
Union Pacific Corp.’s fourth-quarter profit 41% on higher volume, the railroad said Thursday.
January 20, 20112010 Rail Freight Volumes Grow at Fastest Pace in 50 Years
North American rail freight volumes, led by intermodal, climbed out of the recession at a brisk pace in 2010, posting an 11% year-over-year growth rate that was the fastest pace in at least 50 years.
January 17, 2011Intermodal Traffic Rises 8.6% for Week
Intermodal traffic rose 8.6% in the week ended Saturday compared with the first week of 2010, the Association of American Railroads reported.
January 14, 2011Odyssey Logistics & Technology Acquires Optimodal Inc. to Add Intermodal Option
Third-party logistics provider Odyssey Logistics & Technology Corp. said Jan. 11 it has acquired Optimodal Inc. to expand intermodal service options in North America for containerized chemicals shipments.
January 13, 2011LTL Southeastern Freight Lines Opens Logistics Solutions Division
Less-than-truckload carrier Southeastern Freight Lines, Lexington, S.C., opened a new logistics division Jan. 4 to provide shippers with services in dry van, refrigerated and flatbed truckload, expedited delivery, intermodal drayage, brokerage, air freight and distribution.
January 10, 2011Intermodal Traffic Rises for Week, Year
Intermodal traffic rose 11.9% for the last week of 2010 compared with the same week a year earlier, the Association of American Railroads said.
January 7, 2011IANA Elects New Chairman, Board
Steven Rubin, president of TRAC Intermodal, has been elected chairman of the board of directors of the Intermodal Association of North America.
January 6, 2011