Forward Air acquires Edgmon Trucking. Intermodal drayage company generating about $22 million in revenue each year in Kent, Washington. Edgmon serves the ports of Seattle and Tacoma, operating a five-acre facility in Kent and a…
Rail and trucking join forces to increase efficiencies via an increase in capacity and getting freight moving. It’s no secret the supply chain has been backed up, bottlenecked, scrambled, and …
Expectations around long-term intermodal margins were the main topic at J.B. Hunt Transport Services’ appearance at the Citi 2021 Global Industrials Virtual Conference in February. John Roberts, the company’s president and chief executive, said management…
Remember all the media coverage just a few months ago about Chinese manufacturers poised to collapse due to lack of overseas buyers? It didn’t happen. Chinese factories are booming. Chinese goods are flooding into U.S…
The U.S. Federeal Maritime Commission (FMC) has assigned to its Office of Administrative Law Judges (ALJ) a complaint from the American Trucking Associations’ (ATA) Intermodal Motor Carriers Conference (IMCC) alleging massive overcharges for container chassis use in recent years. FMC received the complaint from the association on Aug. 17.
As intermodal volumes have stayed ahead of carload volumes in recent years, a report recently published by Chicago-based commercial real estate firm JLL suggests this trend should continue. Increased intermodal usage will not only see…
America’s 21st-century economy rides on the back of a 21st-century intermodal network. Years in the making, this interconnected network of trucks, trains and cargo ships has turned competitors into collaborative partners, and benefited American consumers…
The U.S. Department of Transportation’s (USDOT) multimodal grants funding reached nearly $1.2 billion in the Consolidated Appropriations Act, 2019 agreement announced earlier this year. “While less than the $1.5 billion provided for USDOT’s Better Utilizing…
BNSF wants to speed up intermodal service with new capital projects so it can grab a larger piece of e-commerce freight, according to the company’s head of intermodal marketing. BNSF, a unit of Berskshire Hathway…
Direct ChassisLink Inc. (DCLI) and is subsidiary Blume Global will be acquired by Apollo Global Management, a private equity fund, officials at the two companies said recently. Reuters reported the deal was for about $2.5B…
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