FBI Targeting Supply Chain
The U.S. Department of Justice (DOJ) is now targeting a wider swath of transportation companies that it deems may be using supply chain disruption to gouge customers. The initiative broadens the scope of the Bidenโฆ
The U.S. Department of Justice (DOJ) is now targeting a wider swath of transportation companies that it deems may be using supply chain disruption to gouge customers. The initiative broadens the scope of the Bidenโฆ
Last month Congress passed โ and President Biden signed โ a historic, $1.2 trillion infrastructure package that folds in a re-authorization of the highway bill for the next five years โ including a load of new provisions thatโฆ
Many publicly traded fleets are optimistic about growth this year, saying they expect rate increases ranging from high single digit to low double digits. One carrier even anticipates rate increase percentages in the mid-teens. Asโฆ
Customers were notified May 8 that Union Pacific (UP) was ceasing operations of its multimodal service Cold Connect, which offered end-to-end transportation service for refrigerated loads. UP spokeswoman Kristen South confirmed the closure, citing sluggishโฆ
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 seeโฆ
Americaโs 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 consumersโฆ
The U.S. Department of Transportationโs (USDOT) multimodal grants funding reached nearly $1.2 billion in the Consolidated Appropriations Act, 2019 agreement announced earlier this year. โWhile less than the $1.5 billion provided for USDOTโs Better Utilizingโฆ
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 companyโs head of intermodal marketing.
BNSF, a unit of Berskshire Hathwayโฆ
Mario Cordero, executive director of the Port of Long Beach, Calif., said the portโs business prospects for this year are bright, even as the port reported that in 2018 it handled nearly 8.1 million twenty-footโฆ
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 costโฆ
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