Intermodal

News from the intermodal freight transportation industry.

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.
FTR’s Shippers Conditions Index fell in February to weakest reading during pandemic

AJOT | April 20, 2021 | Intermodal | Rail

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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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L-Charge sets new record for off-grid EV chargers

AJOT | April 20, 2021 | Intermodal | Trucking

L-CHARGE, the super fast charging technology developer, announces the availability of its first-generation 10-minute-speed charging station fully working prototype. This achievement marks a significant milestone for the company on its way to bridge the gap towards a low-carbon economy, demonstrating the commercially viable gas-powered off-grid installations that would make EVs more accessible to the general public.

Beam Global appoints Floyd to Board of Directors

AJOT | April 20, 2021 | Energy | Intermodal | Trucking

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ATA Truck Tonnage Index decreased 5.1% in March

AJOT | April 20, 2021 | Intermodal | Trucking

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index decreased 5.1% in March after falling 2.3% in February. In March, the index equaled 106.8 (2015=100) compared with 112.5 in February.

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Paramount Logistics partners with Trucker Tools for real-time shipment visibility, digital freight matching

AJOT | April 20, 2021 | Intermodal | Logistics | Trucking

Full-service freight brokerage operation taps Trucker Tools to improve broker productivity, data accuracy and timeliness; enhance engagement, ease of doing business for truckload carrier-partners.

Daimler Trucks veteran Heino-Royer joins autonomous trucking company Plus

AJOT | April 20, 2021 | Intermodal | Trucking

A. Duie Pyle’s Vice President of Fleet Maintenance honored as an HDT Truck Fleet Innovator

AJOT | April 20, 2021 | Intermodal | Trucking

Canada M&A triples to $184 billion as railroad bidding heats up

Bloomberg | April 20, 2021 | Intermodal | Rail

U.K. abolishes emergency Brexit permits for truck drivers

Bloomberg | April 20, 2021 | Intermodal | Ports & Terminals | Trucking

DWS, CDPQ near 3 billion-euro deal for rail lessor Ermewa

Bloomberg | April 19, 2021 | Intermodal | Rail

Kwik Delivery releases Prestashop plugin; becomes most integrated delivery platform with e-commerce frameworks in Africa

AJOT | April 19, 2021 | Intermodal | Trucking

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cargo-partner offers combined rail and sea transport solution from Western China via “land-sea corridor”

AJOT | April 19, 2021 | Intermodal | Rail

The international transport and info-logistics provider offers an intermodal transport service connecting the west of China with the ASEAN region as well as Europe. Rail transport via the hub of Chongqing offers significant time and cost savings compared to pre-carriage by barge or truck. Seafreight services are available from southern China to numerous destinations.

GKN Automotive appoints new president of 
China business

AJOT | April 19, 2021 | Intermodal

IICL releases anew guide for Gensets

AJOT | April 19, 2021 | Intermodal

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Navya and REE Automotive announce agreement to develop L4 autonomous solution

AJOT | April 19, 2021 | Intermodal | Trucking

Navya, a leading company in autonomous driving systems and REE Automotive (“REE”), an innovator in e-Mobility, announce that they have signed an agreement to collaborate in the development of a level 4 autonomous system including REE corner technology and Navya self-driving solutions.

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SeaCube selects Carrier Lynx fleet solution to deliver enhanced digital capabilities for 2,000 refrigerated containers

AJOT | April 19, 2021 | Intermodal | Trucking

SeaCube Containers LLC and Carrier Transicold today announced a strategic refrigerated asset management systems platform engagement. As a result, SeaCube will be the first intermodal equipment leasing company to incorporate Carrier’s LynxTM Fleet solution into its fleet with an initial deployment of 2,000 PrimeLINETM refrigerated container units. Carrier Transicold is a part of Carrier Global Corporation, the leading global provider of healthy, safe and sustainable building and cold chain solutions.  

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