Intermodal

News from the intermodal freight transportation industry.


Tiger, SoftBank lead round for Latin American logistics startup
Intermodal
Bloomberg | Top Story | December 16, 2021

Tiger, SoftBank lead round for Latin American logistics startup

As supply chains around the world struggle to deliver goods on time, Tiger Global Management LLC and SoftBank Group Corp are backing a Latin American logistics startup specializing in digital freight forwarding with plans to expand rapidly in Brazil in 2022.
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$40 million Series B funding round propels Dray Alliance to transform port technology in US

AJOT | December 15, 2021 | Intermodal | Trucking

Dray Alliance’s digital platform leverages data, automation, and a mobile app for truckers to deliver shipping containers more efficiently for some of the largest brands in the country. Now with the backing of several investors, Dray Alliance can continue to expand upon its sophisticated, yet easy to use, technological offerings.

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Graves statement on Amtrak reversal of planned vaccine mandate-induced service cuts

AJOT | December 15, 2021 | Intermodal | Rail

Amtrak announced that it will abandon plans to lay off workers and cut passenger rail service, which would have been necessary to comply with the Biden administration’s vaccine mandate. Amtrak will instead focus on required testing for unvaccinated employees.

EU wants a Rail renaissance to help de-carbonize transport

Bloomberg | December 14, 2021 | Intermodal | Rail

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Canadian Pacific and Kansas City Southern close into voting trust

AJOT | December 14, 2021 | Intermodal | Rail | By The Numbers

Canadian Pacific Railway Limited (“CP”) announced the completion of its acquisition of Kansas City Southern (“KCS”). The transaction represents an enterprise value of approximately US$31 billion.

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Eurowagon expands safety portfolio with Nexxiot’s unique Kingpin Innovation

AJOT | December 14, 2021 | Intermodal | Rail

Progressive Polish freight wagon lessor Eurowagon and cutting-edge digitization company Nexxiot are collaborating further by launching new ‘safety-centric’ digital products and services. Eurowagon, established in 2018, has rapidly become the leading freight car rental company in Poland.

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FTR’s Trucking Conditions Index for October falls due to a surge in diesel prices

AJOT | December 13, 2021 | Intermodal | Trucking | By The Numbers

Had fuel prices been a neutral factor, the change in the index from September’s 11.79 reading would have been negligible.

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CFI Associates Raise $39,000 in Donations

AJOT | December 13, 2021 | Intermodal | Trucking

Associates of CFI, an operating company of TFI International Inc., a North American leader in the transportation and logistics industry, have raised $39,000 which will go to supporting local charities in communities where CFI employees live and work across the U.S., Canada and Mexico.

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Senate unanimously passes Collins, King resolution recognizing December 18, 2021, as “Wreaths Across America Day”

AJOT | December 13, 2021 | Intermodal | Trucking

This powerful movement to remember fallen U.S. troops originated in the State of Maine

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CP welcomes KCS stockholder vote adopting CP-KCS merger agreement

AJOT | December 10, 2021 | Intermodal | Rail

Canadian Pacific Railway Limited (“CP”) today welcomed the results of a vote by Kansas City Southern (“KCS”) stockholders in strong support of the proposed CP-KCS combination.

NACPC acquires Pratt Industries intermodal line of business

AJOT | December 10, 2021 | Intermodal | Trucking

Trucking cheers bipartisan bill to curb lawsuit abuse

AJOT | December 10, 2021 | Intermodal | Trucking

Daimler Truck gains in debut after historic split from Mercedes

Bloomberg | December 10, 2021 | Intermodal | Trucking

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