Intermodal

Chassis lessors had raised objections to the agreement.

CN had a strong quarter as it comes out of system problems that stretch back into 2017.

Arrival of first magenta ship at Port of New York and New Jersey sign of “strong connectivity” with Asia.

Container line alliances are cutting capacity on their transpacific services in anticipation of a major slowdown in the US-China trade relationship due to tariffs. We see downside risk for Union Pacific and BNSF intermodal volumes, as well as JB Hunt.

In December 2017, XPO was considered an acquisition target by Amazon and Home Depot. We argue that there is a much better fit with this massive and storied trucking operation.

Rapid growth in cargo volumes and spending has started to stretch domestic infrastructure to its limits, according to economist Donald Broughton.

Canadian Pacific turned in a relatively good report despite two labor interruptions; truckload carrier Heartland was solid across the board.

The railway continues to invest in Mexico and remains on track with positive train control implementation.

The temperature-sensitive truckload carrier’s operating revenues climbed almost 15 percent.

Analysts have issues with the operating rate, and price increases that seem small compared to the transport sector as a whole.

“With truck capacity continuing to tighten,” strong performance expected for remainder of the year.

Roy Schleicher, retired JAXPORT executive vice president and chief commercial officer, will be presented the Lifetime Achievement Award.

North American intermodal rates grew for the 21st consecutive month in June, according to the latest Cass Intermodal Price Index.

CSX hit records on operating ratio while improving train speed and dwell time, but says intermodal still needs a “ton” of work and pricing will reflect CSX’s “superior product.”

In spite of fuel surcharge adjustments, Marten today reported a 49.9% improvement in net income to $13.7 million, or 25 cents per diluted share, for Q2 that ended June 30, 2018, from $9.1 million, or 17 cents per diluted share, for Q2 of 2017.

The trucking and intermodal company’s strong earnings were fueled by higher freight rates and strong demand.

A revenue increase boosted earnings for J.B. Hunt Transport Services (NASDAQ: JBHT), as the carrier reported second-quarter net earnings of $151.7 million, or $1.37 per share, versus second-quarter 2017 net earnings of $97.9 million, or 88 cents per share.

Autonomous vehicle execs want you to know self-driving cars are very, very safe; China’s economic growth slows; Elon Musk talks about Tesla’s push to 5,000 Model 3s weekly; American oil bound for China needs to find new markets; DHL orders 14 Boeing 777s.

Gemini executive says carriers know there is a problem and are trying to improve.

Trump’s trade war is aimed toward reshoring, but will it work? Can you solve the driver problem by making trucking cool again? A new frac sand giant is born amid an industry shift. Shell CEO suggests a swifter ban on diesel cars in the UK. Producer price data shows surging trucking, transportation rates. JP and Chad discuss all this and more on this week’s episode.

While there is a lot of noise surrounding tariffs and potential trade wars, it probably isn’t enough to derail the economy and the red-hot freight environment.

The fast-growing Turkish port operator seeks to handle multipurpose terminals in southern Italy port.

Data on producer prices shows that overall inflation pressure continued to heat up in the economy, as gains in service prices helped to push up.  Trucking prices surged again in June, as part of an overall wave of rising transportation costs in the economy.

IICL claims South Carolina and Georgia port authorities’ chassis pool would reduce competition.

Food company uses ingredients from its early days to mold ROAR Logistics unit.

South Korea-based Lotte Global Logistics announced that it has joined the Blockchain in Transport Alliance (BiTA).

Intermodal is clearly benefiting from price comparisons between rails and trucks, but it’s mostly macroeconomics that fueled the Deutsche report.

AAR senior VP: “For now, things are looking good for the railroads and the economy despite the many threats, such as a potential trade war, that could bring change quickly.”

On June 2, 1973, the containership C.V. Sea Witch collided with the tanker Esso Brussels, sparking a catastrophic fire.

Freight markets still hot to close Q2; COSCO/OOCL merger approved by US, China; Tesla hits Model 3 production goal; CSX revives plan for intermodal hub in North Carolina; EU threatens retaliation over auto tariffs.

North Carolina Department of Transportation investing up to $118.1 million in the 330-acre site.

Technology is set to up-end three of the largest industries that truckers ship for: Retail, auto, and agriculture. All three are under attack from technology forces.

Shippers write to FMC in support of Georgia and South Carolina port authority proposal.

CEO says intermodal equipment provider is “on track to meet the ambitious plans we set for ourselves.”

Since the volume of high-value, low-density goods grows faster than other parts of the goods spectrum, the outlook for global airfreight continues to be bullish, however, there are now some cautionary signals.

Freightliner cites environmental benefits of deal with Japanese carrier.

Railway tracking record C$3.4 billion capital program for 2018.

Accelerating growth in both volumes and spending a signal that “U.S. economy is ignoring all of the angst coming out of Washington” about potential trade war.

Georgia and South Carolina ports authorities say their goal is to improve the supply and condition of chassis.

Port authority promotes Shaun Stevenson to president and CEO.

Ex-controllers’ alleged scheme to falsify records cost more than $245 million in shareholder value.

North American intermodal rates climbed another 9.1 percent in May, according to the latest Cass Intermodal Price Index.

Railroads have raked in profits while service deteriorated, posting record operating ratios as network velocities reached 10 year lows. Pressure from regulators, though, may have finally pushed them to raise capex.

Third-party logistics revenues grew 8.1 percent in 2017, according to the supply chain research and consulting firm Armstrong & Associates.

Projects in Alberta and Quebec are part of a C$3.4 billion capital program for 2018.

The economy remains strong, and capacity tight, although buffeted by some headwinds.

AFN national account manager explains how shippers, trucking carriers and 3PLs can work together to boost supply chain efficiency.

Forward Air Corporation’s Board of Directors elected a new company president and chief executive officer as part of its succession planning process this week.

After leveling off in April, pricing in the trucking industry rose again in May, with local trucking prices posting their largest month-over-month gain in the post-recession era with a 1.7% increase, according to May Producer Price Index.

Northwest Seaport Alliance deepening channels, improving terminals to handle bigger ships.

Shippers have plenty of carriers seeking their business. A panel at TMSA talks about what it takes to get chosen.

Ground handlers operating at U.S. airports are overwhelmed by increased cargo flows.

Dale Huang, the CTO of COSCO Network e-Logistics spoke about the importance of blockchain in the logistics and shipping world and how he expects the technology to gain centerstage in the near future.

The company is adding 200,000 square feet of warehousing space near the New Jersey/New York ports and 200,000 square feet in Maryland over the next 18 months.

Container terminals have seen recovering demand and have worked to reduce costs, says Drewry.

Logistics company hires key account manager; properties group names corporate affairs lead; airline taps commercial activities chief; industry groups elect board members; and longtime public servant becomes EVP.

Mexico, Canada, and the EU announce retaliatory tariffs; Dow Transports still above 200 day average; the US asks OPEC for a production hike; DHL remains largest air freight forwarder; containership loses 86 boxes in storm off Australia; how China beats US steel tariffs.

The truckload business is booming, but how high will rates go? Hyundai Merchant Marine orders 20 new containerships; China keeps the door open on US trade talks; global equities rise on US jobs report; a pension fund is building a $4.9B railroad in Quebec; manufacturing activity expands.

Much of the focus is on its financials rather than any significant shift in operations.

A monthly survey of all the important economic developments from the past month, and a look at some of the key trends to watch throughout the month of June.

Introduced in New York/New Jersey, the product offering will be expanded to Los Angeles/Long Beach in June.

Canadian Pacific conductors and engineers walk off; Brazilian truckers continue their highway shutdown; CMA CGM and Zim blame losses on fuel prices; Savannah hits record TEU volumes in April; Goldman Sachs says the oil rally isn’t over yet.

One union agrees while the other walks, as CP is hit by a strike again. The government signaled it may not step in to end the walkout.

Consortium seeks to advance technology and its transportation and logistics applications.

The rejection was of the final offer, not an agreement reached with CP’s unions. About 98% of the voters voted no.

One union agrees while the other walks, as CP is hit by a strike again.

The rejection was of the final offer, not an agreement reached with CP’s unions. About 98% of the voters voted no.

Everyone sees the market as strong and staying that way, but are there other headwinds in the trucking sector?

A panel at a recent investors’ conference talked about many topics, and the market for drivers seemed to make its way into every topic.

The rejection was of the final offer, not an agreement reached with CP’s unions. About 98% of the voters voted no.

A panel of financial experts were mixed when asked whether the industry would see higher spot rates one year from now, but continued capacity issues was not in debate.

Norfolk Southern (NYSE: NSC) today announced it has joined the Blockchain in Transport Alliance.

Sponsored by Reliance Partners…Depending on the limit and deductible you choose, your trailer interchange coverage should add between $100 and $1500 a year to your overall insurance cost.

The portal gives cargo owners, freight haulers a single window into operations at four container terminals.

Demo day session 3 are digital companies providing real solutions in the logistics space.

Bailey and Brittin leading Transportation Institute at the University of Denver; Gonçalves joining Institute of International Container Lessors; and O’Brien and Bordelon serving Shipbuilders Council.

The first round of technology demonstrations at Transparency18 shared a common theme of integrated disparate systems, data formats, and devices. It’s clear that the action in freight tech has shifted to aggregating and analyzing data, not simply generating it.

Unemployment rate across the U.S. has fallen below 4% and is creating problems for recruiting and retaining skilled labor in the logistics industry.

As blockchain technology works its way into the transportation ecosystem, there is remains plenty to learn about its potential, but its success will depend on multiple parties working together.

North American intermodal rates in April climbed another 6.6 percent, the 19th consecutive monthly year-over-year increase.

Intermodal prices generally take their cues from the truck market, so this is a lagging indicator.

Loaded export container traffic drove the 3.8 percent year-over-year increase in overall container volumes.

Consolidated Chassis Management has joined the Blockchain in Transport Alliance (BiTA).

Roadrunner Transportation Systems announced today that it has joined BiTA, a group dedicated to implementing standards for the digitalization of the supply chain.

Industry veterans Cannizzaro, Larrabee and Winfree are tapped to serve.

Trucking interests, led by LTL carriers, have been pushing legislation that would allow 33-foot double trailers on American roadways. Opponents are ramping up efforts to stop it.

Coming off a period of poor service, the executives discuss where their respective companies are at.

The container carrier developed the transport solution in collaboration with the supermarket chain Lidl.

A leader in the terminal and stevedoring industry, Edward DeNike will be honored at a September dinner.

Terminal paving is just part of a $28.7 million investment that will include wharf modernization and harbor deepening.

The companies that are getting hit with ELD violations are decidedly smaller.

Continuing its commitment to leveraging emerging technologies, the Florida East Coast Railway has joined the Blockchain in Transport Alliance (BiTA).

Sponsored by Reliance Partners…Two very different approaches could give some breathing room to the tightening CDL driver shortage.

Data on producer prices shows that overall inflation pressure cooled in the economy last month, as big declines in food prices offset gain in other areas of the economy.  Trucking prices remained essentially unchanged for the second consecutive month, but remain elevated relative to this point last year.

The company has the largest pool in the region with more than 18,000 chassis.

OmniTRAX, Inc., one of the largest privately held transportation service companies in North America and an affiliate of The Broe Group. has joined BiTA.

Signs of movement over to rails, OOIDA sounds off on younger drivers, U2 puts its money into trucking.

While traditional big city freight hubs grapple with congestion, a new crop of rural inland ports is springing up as shippers look for efficiencies.

North American intermodal volumes grew 7.2 percent for the quarter thanks to a strong economy, higher fuel prices and an ever-tightening truck market.

Transit touted as faster than ocean and cheaper than air.