Intermodal

News from the intermodal freight transportation industry.


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GM considers boosting stake in Nikola in reworked deal

Bloomberg | October 01, 2020 | Intermodal

General Motors Co. is considering revisions to its deal with embattled Nikola Corp., according to people familiar with the discussions, and may seek a higher stake in the startup now that its valuation has fallen after allegations of deception.

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Ram gains on Chevrolet in war for pickup-truck profits

Bloomberg | October 01, 2020 | Intermodal

Fiat Chrysler Automobiles NV’s Ram pickup trounced General Motors Co.’s Chevrolet Silverado in third-quarter sales, tightening the race for the No. 2 spot in the lucrative full-size U.S. truck segment.

Continental launches mobile app for commercial tire dealers and fleets

AJOT | October 01, 2020 | Intermodal | Trucking

Velodyne Lidar chief eyes growth as stock sinks in public debut

Bloomberg | October 01, 2020 | Intermodal | Trucking

Nikola postpones forum where electric pickup was to debut

Bloomberg | October 01, 2020 | Intermodal | Trucking

Permit in hand, an entrepreneur starts on Alaska-Alberta Railway
Intermodal
Bloomberg | Top Story | October 01, 2020

Permit in hand, an entrepreneur starts on Alaska-Alberta Railway

The team behind the proposed Alaska to Alberta railway aims to start prep work for construction in December, with a goal of getting the $17 billion cross-border railroad running by 2025.
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DAT freight trends on the spot market – Sept 21-27, 2020

AJOT | September 30, 2020 | Intermodal | Trucking

Demand for truckload capacity on the spot market inched higher and national average spot rates stayed elevated during the week ending Sept. 27, said DAT Freight & Analytics, which operates the industry largest network of load boards. The number of loads posted to the DAT One load board network was unchanged compared to the previous week and the number of available trucks fell 2.6%. While spot rates remain elevated, the pace of price increase over the past five months has tapered in recent weeks.

Rail traffic for the week ending September 26, 2020

AJOT | September 30, 2020 | Intermodal | Rail

New truck parking lot being built in CargoCity South 

AJOT | September 30, 2020 | Air Cargo | Airports | Intermodal | Trucking

Nikola pushes back on skeptics by showcasing in-house tech

Bloomberg | September 29, 2020 | Intermodal | Trucking

Rapidus launches new AI-powered service that optimizes logistics of last-mile delivery

AJOT | September 29, 2020 | Intermodal | Logistics | Trucking

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Retail shipments boost van rates

AJOT | September 29, 2020 | Intermodal | Trucking

Spot market demand for dry van truckload shipments picked up steam again last week, with retail freight leading to tighter capacity and higher rates as we head into the Fourth of July.

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Southeastern Freight Lines launches Final Mile service system-wide

AJOT | September 29, 2020 | Intermodal | Trucking

350+ Trucks Ready to Make Residential, Store Deliveries

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Konexial updates My20 to reflect Hours-of-Service Final Rule from FMCSA

AJOT | September 29, 2020 | Intermodal | Trucking

Konexial announced the release of My20 20.10.1, which reflects the Federal Motor Carrier Safety Administration (FMCSA)’s Hours-of-Service (HOS) Final Rule revisions on driving limits for commercial motor vehicle drivers.

Alberta eyes oil route after Trump OKs Alaska rail link
Energy
Bloomberg | Top Story | September 29, 2020

Alberta eyes oil route after Trump OKs Alaska rail link

U.S. President Donald Trump’s decision to approve a rail link between Canada and Alaska could open up an export route to Asia for Alberta’s struggling oil sands producers.
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Davies Turner leaps up Sunday Times PwC Top Track 250 league table

AJOT | September 28, 2020 | Intermodal | Trucking

Davies Turner Plc, the long-established international freight and logistics company, has jumped 42 places to 119th position in the latest Sunday Times PwC Top Track 250 league table, sponsored by PwC and Lloyds Bank.

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