Intermodal
News from the intermodal freight transportation industry.
Nikola’s $34 billion valuation neglects outlook for no revenue
| June 09, 2020 | Intermodal | Trucking
It has some competition, but no stock on the auto sector is a better reflection of the equity market’s exuberance than Nikola Corp.
Worthington’s muted gain a bearish signal after Nikola surge
| June 09, 2020 | Intermodal | Trucking
Hyster-Yale Group announces lift truck sanitization program to help combat risk of COVID-19 transmission
| June 09, 2020 | Intermodal | Trucking
Emirates kicks off thousands of job cuts to navigate virus slump
| June 09, 2020 | Air Cargo | Airports | Intermodal
Bombardier, once a Canadian champion, faces ouster from index
| June 09, 2020 | Air Cargo | Airlines | Intermodal
Logistics startup Sennder acquires French rival Everoad
| June 09, 2020 | Intermodal | Logistics | Trucking
Sennder, a Berlin-based logistics company, has acquired French rival Everoad to create one of the largest digital platforms for road shipments in Europe.
A $26 billion truck company with zero revenue just surged 103%
| June 08, 2020 | Intermodal | Trucking
Tesla Inc. shares are at an all-time high. Hertz Global Holdings Inc.’s are well above where they were before the company went bankrupt. But no stock in the automotive sector is a better indication of equity-market exuberance than Nikola Corp.
Trucker Tools takes Werner Enterprises live
| June 05, 2020 | Intermodal | Shipping Technology | Trucking
US$81+ million of equipment sold in Ritchie Bros.’ largest-ever Fort Worth, TX auction
| June 04, 2020 | Intermodal | Trucking
Truckload freight recovery picks up speed heading into June
| June 04, 2020 | Intermodal | Trucking
Spot truckload freight markets continued to gather momentum last week as load-to-truck ratios increased for dry van, refrigerated, and flatbed freight, said DAT Solutions, which operates the industry’s largest load board network. Truckload rates followed suit, rising on most lanes just in time for June, typically a peak month for the spot market.
AAR statement on House Democrats Surface Transportation Bill
| June 04, 2020 | Intermodal | Rail
Trucking applauds Chairman DeFazio on release of Surface Transportation Bill
| June 04, 2020 | Intermodal | Trucking
PCA statement on House Surface Transportation Reauthorization package
| June 04, 2020 | Intermodal | Trucking
YRC Freight recognized as 2019 Carrier of the Year by GlobalTranz
| June 04, 2020 | Intermodal | Trucking
Multi-year highway & transit bill an elixir for ailing US economy, ARTBA Chairman tells Senate committee
| June 04, 2020 | Intermodal | Trucking
IBTTA statement on the House Transportation and Infrastructure Committee’s INVEST in America Bill
| June 04, 2020 | Intermodal | Trucking
CAGTC Executive Director Nessle makes statement on Chairman DeFazio’s INVEST in America Act
| June 03, 2020 | Intermodal | Trucking
“The House Transportation & Infrastructure Committee Chairman Peter DeFazio (D-OR), along with his Subcommittee Chairs, released today a five-year surface transportation proposal, Investing in a New Vision for the Environment and Surface Transportation (INVEST) in America Act. Included in the proposal are provisions that would advance the state of our nation’s multimodal goods movement infrastructure.
AASHTO’s statement on House reauthorization proposal
| June 03, 2020 | Intermodal | Trucking
ARTBA issues statement on House “INVEST in America” Act
| June 03, 2020 | Intermodal | Trucking
Old Dominion Freight Line provides update for second-quarter 2020
| June 03, 2020 | Intermodal | Trucking
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