The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, Roadrunner Transportation has fully exited the truckload business, and a startup hopes to build a road for autonomous vehicles only. Plus, NFI makes a large acquisition, and taking a cross-country trip with the head of NATSO.
Don’t call us a truckload carrier
Roadrunner Transportation Systems Inc. (OTC: RRTS) no longer operates in the truckload space. The troubled carrier has completely divested its truckload operations as it looks to complete a financial turnaround.
Todd Maiden has details on how that turnaround will happen: Roadrunner sells off remaining truckload units, adds former Celadon head to board
Building the autonomous road
A new venture is hoping to build a road dedicated to connected and autonomous vehicles in Michigan. The effort, which would not come to fruition until several years in the future, has the backing of major industry players and seeks to separate autonomous vehicles from non-autonomous vehicles.
Linda Baker reports on who is backing the project: Alphabet-backed startup to build self-driving ‘road of the future’
Let’s make a deal
NFI has acquired CAI Logistics in its largest non-asset acquisition ever. NFI expects CAI Logistics to help it grow its intermodal, flatbed businesses as well as its export of refrigerated and over-dimensional products.
John Kingston has more details on the deal: NFI acquires CAI Logistics, non-asset division in intermodal, flatbed and marine
A good time for a family trip
When Lisa Mullings wanted to experience what life was like for truck drivers, she and her husband hatched a plan: Tow a 30-foot RV trailer across the country, stopping at truck stops along the way and talking to drivers.
Alan Adler explains what NATSO’s CEO learned: 8 questions on truck stop issues with NATSO CEO Lisa Mullings
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Did you miss this?
Rates are going up for shippers planning to use the U.S. Postal Service this holiday season. The agency announced rate increases on a range of domestic parcel delivery products aimed at high-volume commercial shippers.
Mark Solomon has more on the charges: USPS to levy temporary parcel hikes on high-volume shippers
Hammer down, everyone.