CN orders 50 electric trucks from Lion Electric

CN CEO JJ Ruest stand in from of a Lion Electric electric truck with a CN with a CN intermodal trailer attached to it.

CN (NYSE: CNI) has ordered 50 electric trucks from Canadian supplier Lion Electric Co. for intermodal operations in its largest urban markets, the companies announced Monday.

The Canadian railway plans to deploy the trucks in Toronto, Vancouver and Montreal, CN JJ Ruest said during a news conference in Montreal. They will perform urban deliveries, container shuttle service and port operations. 

The trucks will help “reduce greenhouse gas emissions, but also noise pollution,” Ruest said. “Trucks,...

https://s29755.pcdn.co/news/cn-orders-50-electric-trucks-from-lion-electric

FMC assigns truckers’ chassis compliant to administrative law judges

container chassis

The U.S. Federal Maritime Commission (FMC) has assigned to its Office of Administrative Law Judges (ALJ) a complaint from the American Trucking Associations’ Intermodal Motor Carriers Conference (IMCC) alleging massive overcharges for container chassis use in recent years.

The FMC received the complaint from the association on Aug. 17.

The agency said in a Federal Register notice on Friday that the ALJ will make an initial decision by Aug. 24, 2021, followed by a final decision by the commission...

https://s29755.pcdn.co/news/fmc-assigns-truckers-chassis-compliant-to-administrative-law-judges

Knight-Swift 2Q beat; guidance reinstated and raised

Swift truck on highway

Knight-Swift Transportation Holdings Inc. (NYSE: KNX) keeps the better-than-expected earnings theme rolling forward. The Phoenix-based truckload (TL) carrier reported second quarter adjusted earnings per share of $0.57, easily beating analysts’ forecasts of $0.35.

Similar to other carriers, Knight-Swift saw freight demand rebound off of April’s bottom, “gradually” improving throughout the quarter and into July. “We are encouraged by the continued strength in freight demand in July; however,...

https://s29755.pcdn.co/news/knight-swift-2q-beat;-guidance-reinstated-and-raised

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon