Good day,
Hyundai and Kia Motors have invested $110 million in a partnership with a U.K.-based electric vehicle startup, Arrival, to develop electric commercial vehicles for the European market. Arrival will help Hyundai and Kia meet the growing demand for eco-friendly commercial vehicles and accelerate the brands’ transformation from carmakers to clean-mobility providers, Hyundai said in a press release.
Did you know?
Year-to-date U.S. rail volumes for the week ending Saturday totaled 915,638 carloads and intermodal units, a 7.6% drop from the same period in 2019, according to the Association of American Railroads. Of that total, U.S. carloads slipped 6.8% to 454,683 carloads, while U.S. intermodal units fell 8.4% to 460,955 intermodal containers and trailers.
Quotable
“I think it’s maybe a useful pause in the downward spiral of U.S.-China relations.”
— Susan Shirk, a professor at the University of California, San Diego, on the China-U.S. trade deal in The New York Times.
In other news
Commercial transportation viewed favorably but infrastructure and fuel costs a concern
These were the primary findings of a survey of more than 2,000 business owners and executives by TruNorth, a Charlotte, North Carolina-based truck warranty provider. (Bizjournals)
New Seattle joint venture to provide truckload capacity solutions for dry bulk shippers
The company, Dry Bulk FR8, brings together a large transporter of raw material with a company that specializes in logistics and freight management. (wishtv)
Nevada truck driver declared imminent hazard
The Federal Motor Carrier Safety Association issued the declaration after Mamadou Diaby, the truck driver and company owner, failed a sobriety test and ignored orders to cease all commercial transportation operations. (Landline)
ATA recognizes congressional champions in fight against human trafficking
The American Trucking Associations’ charitable arm presented four senators and four representatives with the 2020 Hero Award following a briefing titled “Advancing Legislative Efforts to Combat Human Trafficking.” (PRnewswire)
Final thoughts,
Amazon is opening a themed pop-up store at its Seattle headquarters, Geekwire reports. The news outlet spotted an Amazon Pop Up sign affixed to a vacant space at the base of one of the online shopping giant’s new high-rise office buildings. The Seattle location will be the sixth in a new generation of Amazon Pop Up stores, joining locations in Las Vegas and the suburbs of Los Angeles, Denver, Houston and Chicago. The Pop Up concept is intended to offer a rotating selection of popular items.
Hammer down, everyone!
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now