Topic
road
Logistics ITE Management Acquires NACPC, Adds 20,000 Chassis to Intermodal Platform
ITE Management L.P. announced the acquisition of North American Chassis Pool Cooperative (NACPC), adding 20,000 chassis to its fleet and expanding its intermodal platform to national scale. The deal brings ITE's total fleet to 60,000 units, giving it a roughly 30% share of cooperative pool chassis. NACPC's CEO Darren Hawkins and ITE's Jennifer Polli emphasized the strategic consolidation as a response to ongoing chassis availability bottlenecks in drayage and port operations.
Logistics U.S. Domestic Intermodal Volumes Surge 13% in June, J.B. Hunt Reports Record Q2
Domestic loaded rail container volumes in the U.S. grew nearly 13% year-over-year in June, far exceeding seasonal norms and surpassing last year's peak. J.B. Hunt reported record intermodal volumes in Q2, with loads up 10% y/y, as a 30% cost advantage over truckload drives conversion activity at levels not seen in over a decade. However, tightening drayage capacity and rising driver wages pose operational risks.
Logistics Cabinet clears Rs 14,115 crore highway projects in Delhi, UP; approves Rs 6,970 crore 6-lane Dwarka tunnel
The Union Cabinet approved two highway infrastructure projects worth a combined Rs 14,114.81 crore. The projects include an 8.1-km six-lane tunnel in Delhi and a 117.7-km greenfield highway in Uttar Pradesh. They are expected to improve connectivity, reduce travel time, and generate significant employment.
Logistics Three Trucks Hit CSX Trains in Metro Atlanta in Under a Week – A Safety Warning
In five days, three tractor-trailers were hit by CSX trains in metro Atlanta, causing fires and service disruptions but no fatalities. The incidents highlight the critical risk of trucks getting stuck on grade crossings and the need for improved driver training and route planning.
Logistics PSA and Logtainer finalise deal to manage Padua intermodal terminal in Italy
PSA Intermodal Italy and Logtainer have signed a final agreement to manage and develop the intermodal terminal at Interporto Padova, creating a new operating company, PSA Padova. The move strengthens Padua’s role as a key inland gateway and expands PSA’s foothold in Italy’s intermodal market, complementing its port terminals at Genoa and Venice.
Logistics PepsiCo and Gatik Unveil Driverless Trucking Partnership
PepsiCo and Gatik have launched a major driverless trucking initiative, marking the largest commercial autonomous freight deployment. The partnership covers operations in Texas, Arizona, and Arkansas, enhancing supply chain efficiency.
Logistics FMCSA Addresses Motus Rollout Issues Amid Industry Concerns
The FMCSA has issued two statements addressing the problematic rollout of the Motus registration system, which has affected trucking compliance processes. The agency is prioritizing fixes to insurance filings and operating authority status.
Logistics Truckload's Shrinking Miles: Impact on Logistics
The average truckload length of haul in the U.S. has decreased by 21% since 2024, impacting logistics with increased spot rates and capacity constraints. This trend is driven by a shift towards intermodal transport and changes in supply chain strategies.
Logistics Housing Market Woes Impact Freight Sectors
The ongoing housing affordability crisis is significantly impacting freight demand, particularly in the rail and road sectors. With a decline in single-family housing starts, freight volumes for building materials are down, affecting logistics operations.
Logistics Trucking Jobs Decline in May, Reversing April Gains
Trucking jobs in the U.S. declined by 4,400 in May, reversing the gains seen in April. This fluctuation highlights ongoing volatility in the logistics labor market, affecting freight forwarders and logistics managers.
Logistics Businesses Push Senate on Cargo Theft Legislation
A coalition of over 200 companies is urging the U.S. Senate to pass the Combating Organized Retail Crime Act to address cargo theft. This legislation aims to improve coordination between law enforcement and private sectors to tackle organized theft operations.
Logistics India's Bullet Train Project Nears Reality After Nine Years
India's Mumbai-Ahmedabad bullet train project is advancing with significant infrastructure developments. Despite delays, the project is entering a critical phase with visible progress.
Logistics SCOTUS Ruling: Intrastate Workers Can Be Interstate
The Supreme Court has ruled that intrastate delivery workers can be classified as interstate if they are part of an interstate supply chain. This decision affects arbitration agreements under the Federal Arbitration Act, allowing workers to sue rather than arbitrate.
Logistics Trucking Bankruptcies Surge Amid Freight Market Turmoil
The U.S. freight market's volatility has led to a surge in trucking company bankruptcies, with over 20 firms filing for protection in May. This trend highlights the ongoing challenges faced by small and regional carriers amid fluctuating demand and rising costs.