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…
Last year rail intermodel took away loads from over-the-road trucking, but now the pendulum is swinging back the other direction. Diesel prices are dropping, which makes dry van transportation more attractive and reduces the cost…
Universal Logistics Holdings Inc. is acquiring Compton, Calif.-based Southern Counties Express Inc. for $65 million, company officials said. The acquisition is part of a move by Universal to expand it intermodal business. Southern Counties provides…
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