News
Intermodal volumes on the rise
BLOOMINGTON, Ind. -- Intermodal volumes and related rates are on the rise this year, buoyed by a strong U.S. economy, but a shortage of rail capacity is also pushing more of the freight onto trucks, FTR Transportation Intelligence reports. “We’re still expecting healthy growth in rates, even in the back half of the year,” said senior transportation analyst Todd Tanausky, during a webinar on the topic.
Volvo unveils electric truck in Europe
GOTHENBURG, Sweden – Volvo Trucks has unveiled its first all-electric commercial truck in Europe, with the Volvo FL Electric that will begin production in 2019. With a gross vehicle weight of about 35,000 pounds, the model is designed for applications like urban distribution and refuse collection.