Bloomberg | October 21, 2021 | Intermodal News | Rail
Activist investor Elliott Investment Management LP has built a sizable position in Canadian National Railway Co., ratcheting up pressure on the company to improve its results, according to people familiar with the matter.
The Supra S10 diesel-powered truck refrigeration unit is the new performance leader from Carrier Transicold, with greater refrigeration and freezing capacity for larger trucks while also offering improved efficiency and fuel economy.
Girteka Logistics has signed an agreement with a syndicate of banking institutions in Europe to secure €145M to invest in new fleet acquisition in 2021, in the aim of improving the working conditions of their drivers and maximizing safety on roads.
AJOT | October 20, 2021 | Intermodal News | Road | By The Numbers
American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 2.4% in September after rising 0.3% in August. In September, the index equaled 112.9 (2015=100) compared with 110.2 in August.
Bloomberg | October 19, 2021 | Intermodal News | Rail
Union Pacific Corp. has begun receiving trucks around-the-clock at its freight facility near the ports of Long Beach and Los Angeles, extending operating time by about 20 hours a week to help ease cargo congestion.