Intermodal

News from the intermodal freight transportation industry.


New truck parking lot being built in CargoCity South 

AJOT | September 30, 2020 | Air Cargo | Airports | Intermodal | Trucking

Nikola pushes back on skeptics by showcasing in-house tech

Bloomberg | September 29, 2020 | Intermodal | Trucking

Rapidus launches new AI-powered service that optimizes logistics of last-mile delivery

AJOT | September 29, 2020 | Intermodal | Logistics | Trucking

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Retail shipments boost van rates

AJOT | September 29, 2020 | Intermodal | Trucking

Spot market demand for dry van truckload shipments picked up steam again last week, with retail freight leading to tighter capacity and higher rates as we head into the Fourth of July.

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Southeastern Freight Lines launches Final Mile service system-wide

AJOT | September 29, 2020 | Intermodal | Trucking

350+ Trucks Ready to Make Residential, Store Deliveries

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Konexial updates My20 to reflect Hours-of-Service Final Rule from FMCSA

AJOT | September 29, 2020 | Intermodal | Trucking

Konexial announced the release of My20 20.10.1, which reflects the Federal Motor Carrier Safety Administration (FMCSA)’s Hours-of-Service (HOS) Final Rule revisions on driving limits for commercial motor vehicle drivers.

Alberta eyes oil route after Trump OKs Alaska rail link
Energy
Bloomberg | Top Story | September 29, 2020

Alberta eyes oil route after Trump OKs Alaska rail link

U.S. President Donald Trump’s decision to approve a rail link between Canada and Alaska could open up an export route to Asia for Alberta’s struggling oil sands producers.
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Davies Turner leaps up Sunday Times PwC Top Track 250 league table

AJOT | September 28, 2020 | Intermodal | Trucking

Davies Turner Plc, the long-established international freight and logistics company, has jumped 42 places to 119th position in the latest Sunday Times PwC Top Track 250 league table, sponsored by PwC and Lloyds Bank.

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Autonomous vehicles powered via wireless charging point to a cost-effective future

AJOT | September 24, 2020 | Intermodal | Trucking

The unlikely convergence of a global pandemic and electric vehicle technology is driving delivery fleets to adopt electric vehicles at ever increasing rates. The coronavirus pandemic has reportedly caused a huge spike in package delivery. According to CNBC.com, UPS for instance, delivered up to 21.1 million packages a day in the second quarter of 2020, a nearly 23 percent jump in average daily U.S. volume from a year earlier.

Port Freeport enters partnership with Cemex Servicios Logisticos and Union Pacific Railroad
Intermodal
AJOT | Top Story | September 24, 2020

Port Freeport enters partnership with Cemex Servicios Logisticos and Union Pacific Railroad

Port Freeport has announced a new operational partnership between CEMEX, Inc. (CEMEX) and long-time Port partner, Union Pacific Railroad (Union Pacific), to transport liquid carbon dioxide from Port Freeport to Mexico.
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FTR’s Shippers Conditions Index for July Falls to Negative Territory

AJOT | September 24, 2020 | Intermodal

The FTR Shippers Conditions Index (SCI) fell into negative territory for the first time since August 2018, with a -0.36 reading. After a huge positive spike as COVID-19 impacted freight movement, the SCI now reflects a continued weakening of shippers’ market conditions. Freight volume and utilization were actually more favorable to shippers in July, but the rate environment swung from significantly positive in June to a significantly negative reading in July. After a near term slightly negative view for the SCI, FTR expects potential increased capacity to push the index back into the positive range by Q4 and through 2021. However, continued high capacity utilization is a significant risk. Todd Tranausky, vice president of rail and intermodal at FTR, commented, “It has been harder than expected to bring truck drivers back into the driver pool. This has created tightness in the truckload market that has bled over into the intermodal space. It is unknown how long the present situation will last, as it may be related to retail restocking or part of a longer-term shift in spending away from services and toward goods. A shift toward goods would result in stronger freight demand and worse conditions for shippers.” The September issue of FTR’s Shippers Update, published September 9, details the factors affecting the June Shippers Conditions Index and provides the forecast for this index through June of 2021. The additional commentary in this report analyzes the risks to the freight market from inventories-to-sales ratio disparities in the supply chain resulting from the COVID-19 pandemic. The Shippers Conditions Index tracks the changes representing four major conditions in the U.S. full-load freight market. These conditions are: freight demand, freight rates, fleet capacity, and fuel price. The individual metrics are combined into a single index that tracks the market conditions that influence the shippers’ freight transport environment. A positive score represents good, optimistic conditions. A negative score represents bad, pessimistic conditions. The index tells you the industry’s health at a glance.

Nikola gets first sell rating as ‘dark cloud’ gathers

Bloomberg | September 24, 2020 | Intermodal | Trucking

Channel Tunnel spat risks severing vital UK-France link

Bloomberg | September 24, 2020 | Intermodal

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Association of Bi-State Motor Carriers Honors Senator Thomas H. Kean, Jr., PANYNJ Port Director Sam Ruda, and Service Providers at the Port of NY & NJ

AJOT | September 23, 2020 | Intermodal | Trucking

The Association of Bi-State Motor Carriers honored State Senator Tom Kean Jr., along with several key members of the port community at the organization's annual Golf Outing & Awards Luncheon held on September 22nd at Galloping Hill Golf Course in Kenilworth, NJ.    Award recipients were honored for their outstanding contributions and service during the past year. "The luncheon provides us with an opportunity to recognize the hard work and dedication that exists throughout the port community," said Bi-State President Lisa Yakomin. "Once again, we were proud to honor a diverse group of honorees from all facets of the intermodal industry, and celebrate the important role they play in the ongoing success of the Port of NY & NJ."   The 2020 Malcom McLean Memorial Award, dedicated in memory of the visionary who invented shipping containerization and revolutionized the international freight industry, was given to NJ State Senator Thomas H. Kean, Jr. The award was bestowed in recognition of his public service in the State of New Jersey, his support for transportation infrastructure improvements at the Port of NY & NJ, and his responsiveness to issues that affect the port community.   “Senator Kean has been an ardent supporter of our Port,” said Bi-State Chairman Tom Heimgartner. “He was one of the first members of the legislature to express support for Independent Owner Operators. He has opposed S863, believing this legislation would eliminate income earning opportunities.” Heimgartner also praised Senator Kean’s longtime support of the Arts, and his many years of service as a volunteer firefighter and EMT. “Public service is in Tom Kean Jr.’s DNA,” said Heimgartner. Senator Kean thanked the port community for keeping the supply chain going during the COVID-19 crisis, praising “your ability to sacrifice, when so many other people were at home, to be out there on the road, making sure that the essential infrastructure at the port maintained itself. Thank you on behalf of every family in New Jersey.”    Port Authority of NY & NJ Port Director Sam Ruda received the 2020 Port Community Partnership Award, in recognition of his strong leadership and partnership with all port stakeholders throughout the past year. "Sam Ruda and the Port Authority have been outstanding in keeping the Port working smoothly,” said Heimgartner. In particular, he cited Ruda’s proactive approach during the earliest days of the coronavirus pandemic. “Sam did a superior job in keeping everyone in the port community informed during the COVID-19 crisis, right from the beginning," said Heimgartner. “He hosted weekly Port Stakeholder calls, keeping everyone throughout the port on the same page, providing a forum for airing concerns and issues. As a result of Sam’s leadership, the Port of NY & NJ fared significantly better than any other Port in the United States, despite our region’s status as the epicenter of the COVID crisis. We were able to ride out the crisis, and keep the supply chain moving,” Heimgartner said.  “I’m very proud to accept this award,” said Ruda, “and it has my name on it, but I accept it on behalf of Port Authority. I cannot say enough about how the whole maritime community, all stakeholders, have come together during this crisis. As a port director, there’s no place that I’d rather be than at the Port of NY & NJ, because of all of you. I appreciate all of the support, and everything that you do.” The first annual Jeffrey A. Bader Memorial Award was given to Gary Cross, President and CEO of Maher Terminals. The award is named in honor of former Bi-State President Jeff Bader, who passed away suddenly in 2019. "Jeff Bader was more than just a colleague," said Yakomin, "he was a good friend to us all, and donated so much of his time and energy to improving the intermodal industry. Gary was recognized for his leadership role in the port community, and his dedication to making a positive impact in the intermodal transportation industry.”   The 2020 William F. Fallon Memorial Award was presented to Maher Terminals, chosen as the Most Outstanding On-Pier Intermodal Terminal in the Port of New York & New Jersey for a record-setting sixth consecutive year. “Once again, “said Heimgartner, “Maher continues to have the best truck turn times at the Port of NY & NJ, without requiring appointments, along with the longest gate hours.”    For the second year in a row, the 2020 Award for Best Overall Chassis Provider in the Port of New York & New Jersey was presented to Milestone Chassis. "The Port of NY & NJ presents a number of challenges to those who do business here,” said Heimgartner, “and providing drivers with reliable, good quality equipment while offering responsive customer service is a key part of our port's ongoing growth & success. Once again, Milestone Chassis successfully rose to that challenge." Milestone Regional Sales Manager Northeast Doug Elwell accepted the award on behalf of the company, along with Regional Sales Director John Lago. “We are honored to receive the chassis provider of the year award for the second year in a row,” said Elwell. “We look forward to continuing to work with the Bi-State Motor Carriers, and other stakeholders in continuing to provide the trucking community with a safe and reliable chassis option.”    The Association also honors individuals who have gone above and beyond to provide assistance and service to the motor carrier community with The Dick Jones Award for Outstanding Customer Service. This year's recipients: Giovanni Antonuccio and Catherine Hunt of APM Terminals, Joseph Brescia and Michael Verney of Global Container Terminals Bayonne, Maureen Kosakowski of Global Container Terminals NY, Colin Pantry and Toni Simonetti of Maher Terminals, and Melissa Poole and Rosa Santiago of Port Newark Container Terminal.

Channel Tunnel spat risks severing crucial UK-France rail link

Bloomberg | September 23, 2020 | Intermodal | Rail

Rail Traffic for the Week Ending September 19, 2020

AJOT | September 23, 2020 | Intermodal

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