Intermodal

News from the intermodal freight transportation industry.


Little Rock Port Authority reports March 2021 shipping

AJOT | April 22, 2021 | Intermodal | Rail

A&R Logistics advances commitment to sustainability adding new Peterbilt Model 579 electric vehicles to fleet
Intermodal
AJOT | Top Story | April 22, 2021

A&R Logistics advances commitment to sustainability adding new Peterbilt Model 579 electric vehicles to fleet

A&R Logistics, North America’s leading supply chain services company to the chemical industry, announced today it is doubling down on its commitment to sustainability, safety and innovation with its purchase of two of the first production Peterbilt Model 579 Electric Vehicles (EVs) to roll off the assembly line. The companies will have the new trucks on the road in 2021, making A&R one of the first to put the state-of-the-art production vehicles into service.
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Woodland Group partners with iPort Rail new rail freight service to Doncaster begins

AJOT | April 22, 2021 | Intermodal | Rail

Southampton with further services to London Gateway and Immingham to follow. By May more than 140 container movements are expected per month.

Volvo Group sees more risk from ‘unstable’ chip supply chain

Bloomberg | April 22, 2021 | Intermodal | Trucking

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Century-old rail rivalry flares up over a $30 billion prize

Bloomberg | April 21, 2021 | Intermodal | Rail

Canadian National Railway Co.’s bid to wrest Kansas City Southern away from Canadian Pacific Railway Ltd. is rekindling a century-old rivalry and pitting former colleagues against each other.

Rail traffic for the week ending April 17, 2021

AJOT | April 21, 2021 | Intermodal | Rail

K.C. Southern morphs from railroad also-ran to $30 billion prize
Intermodal
Bloomberg | Top Story | April 21, 2021

K.C. Southern morphs from railroad also-ran to $30 billion prize

In less than a year, Kansas City Southern has transformed from an industry wallflower to the belle of the ball, getting courted by Canada’s two biggest railroads.
Australia cancels China’s Belt and Road deal with state

Bloomberg | April 21, 2021 | Intermodal | Trucking

GOP aims to present infrastructure counter-proposal this week
Intermodal
Bloomberg | Top Story | April 20, 2021

GOP aims to present infrastructure counter-proposal this week

A group of Senate Republicans is aiming to present a broad counteroffer to President Joe Biden’s $2.25 trillion infrastructure and jobs plan later this week.
CN Rail chief pounces while Kansas City Southern is in play
Intermodal
Bloomberg | Top Story | April 20, 2021

CN Rail chief pounces while Kansas City Southern is in play

Canadian National Railway Co. offered $30 billion to snatch Kansas City Southern from a rival, spurring a possible bidding war in one of the industry’s biggest potential deals in decades.
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CN makes superior proposal to combine with Kansas City Southern

AJOT | April 20, 2021 | Intermodal | Rail

• Combination will create the premier railway for the 21st century connecting ports in the United States, Canada and Mexico to facilitate trade and economic prosperity across North America • Combination will result in a safer, faster, cleaner and stronger railway • CN’s proposal of $325 per KCS share represents 21% premium over implied value of CP transaction and values KCS at an enterprise value of $33.7 billion1 • Expected EBITDA synergies approaching $1 billion annually with a significant proportion expected from converting truck traffic from busy interstates and highways for better fuel efficiency at a lower cost • Anticipated to be accretive to Adjusted Diluted EPS2 in the first full year following CN assuming control of KCS

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