Intermodal
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LTL news: Report indicates YRCW makes job cutsJeff Berman, Group News Editor, March 2, 2010A Reuters report published this week indicates that less-than-truckload transportation services provider YRC Worldwide (YRCW) has made roughly 200 job cuts. More
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Logistics news: Domestic gains pace Q4 volumes, says IANAJeff Berman, Group News Editor, March 1, 2010Mild economic improvements were evident in the intermodal market in the fourth quarter of 2009, with domestic container and domestic equipment loadings both showing growth, according to data released by the Intermodal Association of North America (IANA). In its recently-released quarterly Market Trends report, IANA noted that total fourth quarter intermodal loadings—... More
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Less-than-truckload market update: Shrinking toward profitabilityBy John D. Schulz, Contributing Editor, March 1, 2010Amid unsustainable pricing levels, leaner LTL carriers are seeking higher rates as top industry executives predict "more LTLs to fold in 2010." Here's a closer look at trucking's most diversified market. More
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Management UpdateMarch 1, 2010More
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Railroad shipping: AAR says weekly rail volumes are downJeff Berman, Group News Editor, February 26, 2010Despite decline, volumes are trending up on a sequential basis. More
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Intermodal shipping: CSX, Union Pacific partner up for UMAX service set to launch in MarchJeff Berman, Group News Editor, February 25, 2010A new intermodal partnership between CSX Intermodal and Union Pacific aims to provide shippers with access to more than 20,000 containers and expanded market reach throughout North America, according to the companies. More
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LTL news: YRCW closes on first tranche of new notesJeff Berman, Group News Editor, February 24, 2010YRC Worldwide makes further inroads toward augmenting its financial condition. More
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Intermodal shipping: Domestic gains pace Q4 volumes, according to IANA reportJeff Berman, Group News Editor, February 22, 2010Mild economic improvements were evident in the intermodal market in the fourth quarter of 2009, with domestic container and domestic equipment loadings both showing growth, according to data released by the Intermodal Association of North America (IANA). More
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Railroad shipping: AAR reports carloads down for the week ending February 13Jeff Berman, Group News Editor, February 19, 2010Multiple snowstorms over a few days crimped U.S. railroad volumes for the week ending February 13, according to the Association of American Railroads (AAR). More
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Railroad shipping: STB reauthorization legislation under a watchful eye by industry stakeholdersJeff Berman, Group News Editor, February 18, 2010Railroad legislation introduced by the Senate late last year has received myriad opinions on its potential effectiveness by various industry stakeholders. More
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LTL news: UPS Freight expands two-day delivery network down south from CanadaJeff Berman, Group News Editor, February 16, 2010UPS Freight, the less-than-truckload subsidiary of UPS, said today it has expanded its two-day delivery network from Monteal and Toronto as far south as Atlanta and St. Louis. More
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Railroad shipping: AAR says volumes for the week ending February 6 up slightly year-over-yearJeff Berman, Group News Editor, February 11, 2010U.S. railroad traffic volumes for the week ending February 6 were up slightly compared to the same timeframe in 2009, and volumes were down compared to 2008, according to data released today by the Association of American Railroads (AAR). More
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LTL news: YRCW makes progress in meeting its 2010 note obligationsJeff Berman, Group News Editor, February 11, 2010YRC Worldwide (YRCW) said earlier today it has entered into definitive agreements with investors that will purchase $70 million in new unsecured convertible notes in a private placement. More
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Railroad shipping: BNSF shareholders sign off on acquisition of company by Berkshire HathawayJeff Berman, Group News Editor, February 11, 2010Following a November 2009 announcement in which billionaire investor Warren E. Buffett and his investment group Berkshire Hathaway announced their intention to acquire Class I railroad carrier Burlington Northern Santa Fe, BNSF Chairman, President, and CEO Matt Rose said today that the transaction is a done deal. More
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Intermodal shipping: FTR data cites improved market share for intermodal marketJeff Berman, Group News Editor, February 8, 2010While 2009 will likely be remembered as a year to forget when looking at freight volumes across all modes, data from transportation consultancy FTR Associates' Intermodal Monthly Update revealed that intermodal shipments picked up market share against trucks in the fourth quarter of 2009. More
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LTL news: YRCW reports Q4 losses show sequential improvementJeff Berman, Group News Editor, February 5, 2010Like the third quarter of 2009, fourth quarter 2009 results for less-than-truckload transportation services provider YRC Worldwide Inc. improved on a sequential basis, although it still saw declines in revenue and tonnage. More
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Railroad shipping: AAR says U.S. volumes for week ending January 30 are up year-over-yearJeff Berman, Group News Editor, February 4, 2010While U.S. railroad traffic volumes for the week ending January 30 showed some improvement compared to the same timeframe in 2009, volumes were down significantly compared to 2008, according to data released today by the Association of American Railroads (AAR). More
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Railroad/intermodal shipping: CN plans to open $100 million Calgary Logistics Park in 2013Jeff Berman, Group News Editor, February 4, 2010Class I railroad carrier CN (Canada National Railway Company) said today it will be constructing a new $100 million CN Calgary Logistics Park. The facility will be located northeast of Calgary in Conrich, which is part of Rocky View County and is expected to open up in 2013. More
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3PL news: Suggs takes the helm as Greatwide Logistics new CEOJeff Berman, Group News Editor, February 4, 2010After joining non asset-based third-party logistics (3PL) services provider Greatwide Logistics Services as chairman of the board in 2009, Leo Suggs was appointed as CEO of the company this week. More
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Railroad shipping: STB-commissioned study focuses on factors impacting rate increases in recent yearsJeff Berman, Group News Editor, February 3, 2010The follow-up to a 2008 study on various aspects of the freight railroad industry found that overall railroad rates have been steadily increasing since 2004, with 2008 showing a particularly steep increase. More
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