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NOL Group reports US$254m first quarter net loss [11/May/2012]
NOL Group has reported a first quarter 2012 net loss of US$254m compared to a net loss of US$10m in the same period last year. The group stated that said high fuel costs and low freight rates in container shipping affected its first quarter 2012 performance. Read Full Article...
Globaltrans to acquire Metalloinvesttrans for $540m [11/May/2012]
Globaltrans Investment has announced the acquisition of Metalloinvesttrans (MIT), a Russian rail freight transport company, for US$540m. Read Full Article...
DB Schenker Rail and HHLA to restructure affiliated companies [30/Apr/2012]
Deutsche Bahn and Hamburger Hafen und Logistik AG (HHLA) have reached an agreement on the restructuring of their affiliated companies in seaport hinterland transport. Read Full Article...
GEFCO managing its own European rail flows [30/Apr/2012]
GEFCO has announced it is developing its own rail transport network. Read Full Article...
Pacer announces Q1 declines [30/Apr/2012]
Pacer International has announced declines in revenue and profit for the first quarter of 2012, due primarily to a significant decline in Logistics revenue. Read Full Article...
CH Robinson announces 7.9% increase in revenues [26/Apr/2012]
CH Robinson has announced a 7.9% increase in first quarter revenues to $2,552m. Read Full Article...
Odyssey Logistics & Technology acquires Interdom Partners [26/Apr/2012]
Odyssey Logistics & Technology Corporation (OL&T) announced it has acquired Interdom Partners, a railway intermodal company that provides services for domestic and international shipping. Read Full Article...
Pacer and CRST establish dedicated drayage agreements [26/Apr/2012]
Pacer International and CRST International have announced that they have agreed to multi-market dedicated drayage agreements focused on driving intermodal drayage efficiencies and providing increased capacity for Pacer. Read Full Article...
Norfolk Southern announces major expansion to its Ohio rail facility [19/Apr/2012]
Norfolk Southern has announced that its $160m project to expand its Bellevue rail yard in Northern Ohio will begin this month. Read Full Article...
CSX announces double digit growth in net earnings [19/Apr/2012]
CSX has announced positive growth in revenues and income for the first quarter of 2012 despite declines in its coal business. Read Full Article...
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