Intermodal

News from the intermodal freight transportation industry.

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FedEx jumps most since ‘98 on profit surprise, e-commerce revamp

FedEx Corp. wasn’t planning for a pandemic when it began overhauling its Ground unit last year to prepare for the growth of e-commerce. But the revamp is now spurring the courier’s biggest share gains since 1998.

ATA hails USMCA implementation

AJOT | July 01, 2020 | Intermodal | Trucking

Freight railroads welcome new era of North American trade

AJOT | July 01, 2020 | Intermodal | Rail

Intermodal

AJOT | Top Story | July 01, 2020

YRC Worldwide expects to receive $700 million CARES Act loan from US Treasury

YRC Worldwide Inc., the nation’s second largest less-than-truckload (LTL) shipping company, today announced that the United States Department of the Treasury (“UST”) intends to provide a $700 million loan to YRCW under authorization provided by Subtitle A of Title IV of the CARES Act.

FedEx soars after profit surprise on costs, health shipments

USPS hikes international shipping rates; Shippers consider alternatives

AJOT | June 30, 2020 | Intermodal | Trucking

MUL Railcars, Inc. (MULR), a subsidiary of Mitsubishi UFJ Lease & Finance Company Limited (MUL), announces Executive Management transition

AJOT | June 30, 2020 | Intermodal | Rail

Truck maker aiming for 400 vehicle sales is worth $1 billion

Bloomberg | June 30, 2020 | Intermodal | Trucking

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Spot rates rise ahead of Q2 close

AJOT | June 30, 2020 | Intermodal | Trucking

Truckload rates and ratios spiked last week, with shippers looking to move freight before quarter end and the Fourth of July holiday weekend. Truckload rates and ratios spiked last week, with shippers looking to move freight before quarter end and the Fourth of July holiday weekend.

FTR’s Shippers Conditions Index soars to 41.3 reading in April

AJOT | June 30, 2020 | Intermodal | Trucking

ATA calls on Congress to keep infrastructure moving

AJOT | June 30, 2020 | Intermodal | Trucking

After Brexit, trucks set to need taxman’s permission to move

Intermodal

Bloomberg | Top Story | June 30, 2020

After Brexit, trucks set to need taxman’s permission to move

U.K. companies exporting into the European Union will have to wait for permission from tax authorities before they can move their goods under plans being drawn up by the government.

Carrier Highlights its Cold Chain Vision on World Refrigeration Day

AJOT | June 29, 2020 | Intermodal | Trucking

Meat Shortages Reopen Costly Path to Small U.S. Slaughterhouses

Intermodal

Bloomberg | Top Story | June 26, 2020

Meat Shortages Reopen Costly Path to Small U.S. Slaughterhouses

When coronavirus outbreaks forced shutdowns at America’s giant meat plants, it quickly created a bottleneck: Farmers had nowhere to sell their animals, while consumers faced shortages and surging prices. New, smaller slaughterhouses could be the antidote to industry concentration, but it’s no quick fix.