An unusually terrible freight market may get a lot worse

“It’s the worst freight market since the Great Financial Crisis.” This statement is commonly heard on our channel checks among carrier and broker executives and often repeated on social media. Now we have some evidence to support it. The National Truckload Index (NTI), available on SONAR, which measures the average national truckload spot rate, is…

Intramotev gets grant to deploy self-propelled rail cars at mining site

St. Louis-based autonomous rail car developer Intramotev has received a $200,000 grant to deploy three self-propelled rail cars at a mining site in the Upper Peninsula of Michigan. Intramotev expects to deploy its TugVolt rail cars in late 2023. The company has been testing its battery-electric rail car prototype at its St. Louis headquarters. “We…

White Paper: Biodiesel as a Lower Carbon Strategy

Lowering carbon emissions has become more than just an industry trend. For several years, carriers, shippers and brokers across all modes have become increasingly focused on reducing carbon emissions. It’s just good business practice in a competitive landscape where customers are looking to reduce their scope 3 emissions and to be in compliance with requirements….