News from the intermodal freight transportation industry.
| May 11, 2021 | Intermodal | Shipping Technology | Trucking
• Company incorporates key digital freight productivity tool into flagship TMS platform. • Enables 24-hour automated load booking, removes booking delays and errors, simplifies workflow for brokers and truckload operators • Leverages widely adopted Trucker Tools mobile driver app to expand real-time access to truckload capacity; improves carrier engagement
| May 11, 2021 | Intermodal | Trucking
Southeastern Freight Lines, the leading provider of regional less-than-truckload (LTL) transportation services, is celebrating 45 years of quality without question service at the Augusta, South Carolina service center.
| May 10, 2021 | Intermodal | Trucking
Plus (formerly Plus.ai) (the “Company”), a global provider of self-driving truck technology, announced it has entered into a definitive business combination agreement with Hennessy Capital Investment Corp. V (“HCIC V” or “Hennessy Capital”), a publicly traded special purpose acquisition company. Upon closing, Plus will be a publicly traded company and its common stock is expected to trade on the NYSE under the ticker symbol “PLAV”. The transaction represents a post-combination market capitalization of approximately $3.3 billion for Plus upon closing.
| May 10, 2021 | Intermodal | Trucking
Self-driving truck startup Plus agreed to merge with special purpose acquisition company Hennessy Capital Investment Corp. V, becoming the latest developer of autonomous vehicles to seek a public listing via a blank-check firm.
| May 10, 2021 | Intermodal | Trucking
| May 07, 2021 | Intermodal | Trucking
| May 07, 2021 | Intermodal | Rail
| May 07, 2021 | Intermodal | Trucking
Spot truckload rates remained near all-time highs during the week ending May 3, one year after bottoming out as U.S. economies closed during the pandemic.
| May 07, 2021 | Intermodal | Trucking
| May 07, 2021 | Intermodal | Trucking
| May 06, 2021 | Intermodal | Trucking
The international logistics services provider is moving ahead with its sustainability strategy by implementing emission-free city logistics operations in Oslo • Eight FUSO eCanter trucks are now being used at the Oslo City Hub
| May 06, 2021 | Intermodal | Trucking
Mark Hoyt appointed as chief financial officer to steward digital freight tech company through rapid growth and scale
| May 06, 2021 | Intermodal | Trucking
| May 06, 2021 | Intermodal | Trucking
| May 05, 2021 | Intermodal | Rail | By The Numbers
| May 05, 2021 | Intermodal | Trucking | By The Numbers
| May 05, 2021 | Intermodal | Rail
After a little over a year from the start of construction, representatives from the Port of South Louisiana and Dow Chemical held a ribbon-cutting and official operations kick-off of the SoLaPort Railyard.
| May 05, 2021 | Intermodal | Trucking | By The Numbers
| May 04, 2021 | Intermodal | Rail
| May 04, 2021 | Intermodal | Trucking | By The Numbers
It's been one year since the protests in Washington, DC, when distressed truckers descended on the Capitol to protest low freight rates. The average spot market van rate is now almost $1.00 higher per mile than it was back then. Van rates cooled last week, but reefer continues to heat up and flatbed is on fire. In what can only be described as an unprecedented flatbed rate rally, the national average rate continued climbing last week, moving up another 4 cents.
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