Intermodal

News from the intermodal freight transportation industry.


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Senate bid to speed infrastructure runs into virus hurdle

Bloomberg | August 03, 2021 | Intermodal | Project / Heavy Lift | Intermodal Project | Trucking

Senate Majority Leader Chuck Schumer’s plan to pass a $550 billion infrastructure bill this week hit a potential obstacle from a surprising source when a key Republican announced he tested positive for Covid-19 and would quarantine for 10 days.

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Senate poised to deliver infrastructure win for Biden’s agenda

Bloomberg | August 02, 2021 | Intermodal | Project / Heavy Lift | Intermodal Project | Trucking

The U.S. Senate is heading toward passage this week of a $550 billion infrastructure bill that would provide the biggest infusion of federal spending on public works in decades and mark a major milestone for President Joe Biden’s economic agenda.

Union Pacific discloses $7 billion for “share repurchases”
Intermodal
Stas Margaronis | Top Story | August 02, 2021

AJOT Insights
Union Pacific discloses $7 billion for “share repurchases”

Under fire from importers and exporters for service cutbacks and from rail employees for lay-offs and followed by a seven-day rail service suspension from West Coast ports in July, Union Pacific disclosed that it has accumulated approximately $7 billion for “share repurchases.”
A trucking crisis has the US looking for more drivers abroad
Intermodal
Bloomberg | Top Story | August 02, 2021

A trucking crisis has the US looking for more drivers abroad

A shortage of truckers across the U.S. has become so severe that companies are trying to bring in drivers from abroad like seemingly never before.
Union Pacific Corp. declares third quarter 2021 dividend

AJOT | August 02, 2021 | Intermodal | Rail

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AAPA hires Traver as new VP membership & sponsorship

AJOT | August 02, 2021 | Intermodal | Trucking

The American Association of Port Authorities (AAPA)—the unified voice of seaports in the Americas—has hired Kevin J. Traver to fill the position of Vice President of Membership and Sponsorship. Traver will fill this position held by long-time senior staff member Meredith Martino who departed the AAPA team to head-up another organization. 

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Southeastern Freight Lines Promotes Josh Logue to Service Center Manager in Shreveport, Louisiana

AJOT | July 30, 2021 | Intermodal | Trucking | People | Appointments

Southeastern Freight Lines, the leading provider of regional less-than-truckload (LTL) transportation services, today announced Josh Logue has been promoted to service center manager in Shreveport, Louisiana.

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Tompkins Solutions Announces Randy Price Vice President of Material Handling Integration

AJOT | July 30, 2021 | Intermodal | People | Appointments

Tompkins Solutions, a leading supply chain consulting and services firm, has named Randy Price vice president of the material handling integration division.

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Intermodal continues surge in second quarter

AJOT | July 30, 2021 | Intermodal

Total intermodal volumes rose 20.4 percent year-over-year in the second quarter of 2021, according to the Intermodal Association of North America’s Intermodal Quarterly report.

Didi sinks as China vows to root out ride-hailing ‘illegalities’

Bloomberg | July 30, 2021 | Intermodal | Trucking

CP Rail appeals to K.C. Southern holders to reject CN deal
Intermodal
Bloomberg | Top Story | July 29, 2021

CP Rail appeals to K.C. Southern holders to reject CN deal

Canadian Pacific Railway Ltd. called on Kansas City Southern shareholders to vote against a $30 billion merger agreement with Canadian National Railway Co., citing regulatory risks in its larger rival’s proposal.
Arbitrator affirms rail union must negotiate over train crew size
Intermodal
AJOT | Top Story | July 29, 2021

Arbitrator affirms rail union must negotiate over train crew size

The National Railway Labor Conference (NRLC) announced today that an arbitrator has issued a final and binding decision providing for the resumption of negotiations over train crew size and staffing with the International Association of Sheet Metal, Air, Rail and Transportation Union – Transportation Division (SMART-TD), the union that represents conductors in the freight rail industry. Rejecting the union’s arguments, the arbitrator found that standard moratorium language in decades-old labor agreements does not bar negotiations over crew size on freight trains.
Trucking cheers bipartisan infrastructure agreement

AJOT | July 29, 2021 | Intermodal | Trucking

Senate moves forward on $550 billion infrastructure deal
Intermodal
Bloomberg | Top Story | July 28, 2021

Senate moves forward on $550 billion infrastructure deal

The Senate on Wednesday voted to move ahead with a broad infrastructure package, just hours after a bipartisan group of senators and President Joe Biden reached accord on a $550 billion plan that is a major step forward for the White House’s economic agenda.

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