Intermodal

News from the intermodal freight transportation industry.


Hyperloop language passes in House as part of Moving Forward Act
Intermodal
AJOT | Top Story | July 07, 2020

Hyperloop language passes in House as part of Moving Forward Act

H.R. 2, the Moving Forward Act, passed the US House of Representatives, with multiple provisions moving the hyperloop industry forward at a rapid pace within the United States.
Quarantine for truck drivers causes fuel shortage in Botswana

Bloomberg | July 07, 2020 | Intermodal | Trucking

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Spot rates enter holiday weekend with a bang

AJOT | July 07, 2020 | Intermodal | Trucking

Activity on the DAT One load board network slowed last week on account of the Fourth of July holiday, but the freight that did move did so at a premium, pushing national average rates higher.

Fleet Advantage announced its innovative sale-leaseback program

AJOT | July 07, 2020 | Intermodal | Trucking

Taxpayer lawsuit filed against City of Oakland

AJOT | July 07, 2020 | Intermodal | Trucking

Air France to Cut 7,500 Jobs With Recovery Seen Years Away

Bloomberg | July 03, 2020 | Air Cargo | Airlines | Intermodal

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OBIT: GSC’s Andy Garcia Harbor Trucking Leader & Champion of the Oakland Waterfront

Stas Margaronis | July 02, 2020 | Intermodal | Trucking

Harbor trucker Andres “Andy” Garcia, owner of import drayage company GSC Logistics, died on June 24th.

Asia’s oldest railway finally seeks private money to run trains

Bloomberg | July 02, 2020 | Intermodal | Rail

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Sygic Navigation for professional drivers adds 200,000 miles of US national truck network roads

AJOT | July 01, 2020 | Intermodal | Trucking

Global turn-by-turn navigation pioneer Sygic, trusted by more than two million professional drivers, now allows users to select STAA roads as a preference in its settings, enabling them to avoid unnecessary complications en route, and thereby increase safety and the on-time delivery of their cargos.

Rail traffic for June and the week ending June 27, 2020

AJOT | July 01, 2020 | Intermodal | Rail

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FedEx jumps most since ‘98 on profit surprise, e-commerce revamp

Bloomberg | July 01, 2020 | Air Cargo | Freighters | Intermodal | Logistics | Integrators | Trucking

FedEx Corp. wasn’t planning for a pandemic when it began overhauling its Ground unit last year to prepare for the growth of e-commerce. But the revamp is now spurring the courier’s biggest share gains since 1998.

ATA hails USMCA implementation

AJOT | July 01, 2020 | Intermodal | Trucking

Freight railroads welcome new era of North American trade

AJOT | July 01, 2020 | Intermodal | Rail

YRC Worldwide expects to receive $700 million CARES Act loan from US Treasury
Intermodal
AJOT | Top Story | July 01, 2020

YRC Worldwide expects to receive $700 million CARES Act loan from US Treasury

YRC Worldwide Inc., the nation’s second largest less-than-truckload (LTL) shipping company, today announced that the United States Department of the Treasury (“UST”) intends to provide a $700 million loan to YRCW under authorization provided by Subtitle A of Title IV of the CARES Act. 
FedEx soars after profit surprise on costs, health shipments

Bloomberg | June 30, 2020 | Air Cargo | Freighters | Intermodal | Trucking

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