• Intermodal shipping: J.B. Hunt, Norfolk Southern ink intermodal deal

  Jeff Berman, Group News Editor, November 6, 2009

  At its investor day yesterday, J.B. Hunt Transport Service said it has reached an agreement with Class I railroad carrier Norfolk Southern to develop a new intermodal transportation contract.

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• Railroad shipping: AAR reports rail volumes down 13.7 percent year-over-year

  Jeff Berman, Group News Editor, November 5, 2009

  The Association of American Railroads (AAR) reported today that total volume for the week ending October 31 was down 13.7 percent compared to the corresponding week last year and 18.2 percent from the same week in 2007.

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• LTL/transportation: Con-way reports Q3 net income is down 66 percent

  Jeff Berman, November 4, 2009
  Con-way reported today that quarterly net income at 13.5 million was down 66 percent year-over-year, and quarterly revenue at $1.13 billion fell 17.3 percent. And operating income at $41.1 million was off 47.9 percent.  More

• Intermodal shipping: NS, Pennsylvania invest $11 million into Philadelphia Navy Yard intermodal facility

  Jeff Berman, Group News Editor, November 4, 2009
  Class I railroad carrier Norfolk Southern and the Commonwealth of Pennsylvania announced earlier this week they are investing $11 million into the NS Philadelphia Navy Yard intermodal facility, which is part of the NS Crescent Corridor initiative.  More

• Pressure builds for wider ports' authority

  (NITL) The National Industrial Transportation League, November 3, 2009
  Proponents of federal legislation that would authorize local governmental authorities such as ports to regulate truck drayage, security and related activities are actively lobbying members of California's Congressional delegation to build support for an amendment to the Federal Aviation Administration Authorization Act of 1994 (FAAAA).  More

• LTL news: Logue to succeed Duncan as head of FedEx Freight

  Jeff Berman, Group News Editor, and John D. Schulz, Contributing Editor, November 3, 2009
  Following the recent announcement that Douglas Duncan will be retiring from his position as President and CEO of FedEx Freight, the less-than-truckload unit of FedEx, the company announced today that Duncan will be replaced by William J. Logue.

   

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• Railroad shipping: Buffett, Berkshire Hathaway set to buy BNSF

  Jeff Berman, Group News Editor, November 3, 2009
  $44 billion deal represents Warren Buffett's "all-in" wager on the economic future of the United States.  More

• Logistics news: ISM takes steps to re-launch Logistics and Transportation Group

  Jeff Berman, Group News Editor, November 2, 2009
  In an effort to provide a fresh start for its members, the Institute for Supply Management (ISM) recently announced it is taking steps to "rejuvenate and reconstitute" its Logistics and Transportation Group (LTG).  More

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