Late in the game, the head of the Surface Transportation Board is speaking out against replacing Norfolk Southern management, suggesting the effort threatens the U.S. rail network.
In competitive lanes, loads shift from rail to road.
Universal Logistics sees a potential uptick in trucking volumes and rates by the end of the year.
SONAR sets up intermodal trading ideas ahead of earnings.
J.B. Hunt Transport Services’ first-quarter earnings miss sent shares 6% lower in after-hours trading on Tuesday.
J.B. Hunt Transport Services reported a miss on first-quarter expectations Tuesday after the market closed.
The Federal Maritime Commission suggests that requiring better data could lead to less congestion and fewer container storage fees.
Hauling autos into Baltimore is a big business that is going to scale back dramatically in coming weeks and months.
The Biden administration is getting a clearer picture of freight flow changes with new data from inland intermodal hubs.
The Port of Huntsville in Alabama reported 24% year-over-year growth at its intermodal container yard in 2023.
NTSB head Jennifer Homendy told a Senate committee that the burning of chemicals on derailed Norfolk Southern rail cars in East Palestine, Ohio, was not necessary.
IMC Logistics has acquired American Pacific Transportation, growing the company’s drayage capacity to more than 500 trucks in California.
J.B. Hunt President Shelley Simpson becomes CEO on July 1, succeeding John H. Roberts III.
Fastfrate Group has renewed a long-term agreement with CPKC to provide intermodal and drayage services in the U.S., Canada and Mexico.
Regulators have imposed new billing standards on ocean carriers that shippers consider a “major step” toward eliminating abuse.
J.B. Hunt said Thursday it will buy Walmart’s intermodal assets and that the two companies entered a multiyear agreement that will bring more shipments to J.B. Hunt’s network.
Universal Logistics posted lower Q4 revenue in its trucking, intermodal and brokerage segments.
An administrative law judge ruling against the current system of chassis pools was upheld by the full Federal Maritime Commission.
Hub Group reported year-over-year decreases in its intermodal, logistics and truck brokerage segments during the fourth quarter.
Canada-based Bison Transport is partnering with CPKC to provide cross-border intermodal service between Canada, the U.S. and Mexico.
J.B. Hunt Transport Services’ fourth quarter was weighed down by insurance costs but revealed a couple bright spots at the bottom of the cycle.
J.B. Hunt announced it has added former railroad executive Patrick Ottensmeyer to its board.
What are stakeholders in the freight rail space keeping an eye on in 2024? Here’s a starter list.
Intermodal rail might still face pressure from a loose truck market in 2024, but intermodal rail providers could see volumes grow longer term if they keep service humming, according to Breakthrough’s chief economist.
Intermodal rail can and should be a competitive transportation mode, provided that short-line railroads play a part and more investments go into developing intermodal hubs and insightful data sets, according to a report commissioned by the Environmental Defense Fund.
ITE Management said Tuesday it has acquired a majority stake in intermodal chassis lessor Trend.
Union Pacific is seeking to beef up its intermodal offerings via a terminal in Phoenix and the addition of destinations for its on-dock rail service at Port Houston.
A leading industry conference in New York about the state of railroads was unusually positive this year.
Despite a 22% volume decline year over year, the Port of Savannah had its fourth-busiest October, according to the Georgia Ports Authority.
Trucking industry leaders said at an investor conference that the weak truckload fundamentals seen in the third quarter have continued through the fourth.
Lazer Logistics plans to roll out a recently acquired yard management technology across its network of more than 600 locations.
BNSF, J.B. Hunt Transport Services and Mexico’s GMXT are launching an intermodal service in January between Mexico and the Midwest.
At the F3: Future of Freight Festival, strategic adviser Alan Gershenhorn explained how market changes are affecting different transport modes.
Canadian railway CN, the Mississippi State Port Authority and Ports America have signed a memorandum of understanding for an intermodal service at the Port of Gulfport.
J.B. Hunt and BNSF Railway announce the launch of a new customized intermodal offering at FreightWaves’ F3: Future of Freight Festival 2023.
Hub Group reported $1 billion in revenue and earnings per share of 97 cents during the third quarter.
J.B. Hunt’s overall financial performance in the third quarter was weak, but slight strengthening in intermodal volumes was celebrated.
The Port of Montreal has received funding from Canada’s National Trade Corridors Fund to build a new terminal aimed at boosting the port’s container handling capacity.
Union Pacific will be offering intermodal service between two cities in Mexico and the U.S. Southeast.
Investment firm Oaktree Capital Management has acquired Consolidated Chassis Management as the intermodal equipment provider becomes the sole manager of a new pool.
STG Logistics will extend its reach in Canada by offering “port-to-door” services in six new markets in addition to the Toronto and Montreal markets that it already serves.
J.B. Hunt Transport Services missed second-quarter expectations Tuesday and said it is still uncertain how peak season will play out.
Management from J.B. Hunt said it needs to see more data before making a call that the industry is exiting a freight recession.
Intermodal executives from J.B. Hunt and Schneider are hopeful for improving demand in the second half of 2023 but acknowledge it’s still too early to tell.
Ratings agency Moody’s held J.B. Hunt’s debt rating steady, as the trucking company’s rating hasn’t changed since 2014.
Canadian Pacific Kansas City is building its intermodal service between points in the U.S. Midwest and Mexico, announcing a new daily service that aims to take away market share from trucks.
Universal Logistics Holdings saw revenue declines in its trucking, brokerage and intermodal segments in the first quarter.
“Although the U.S. supply chain is not having the issues that occurred over the last two years, many of the underlying problems remain,” said Cornerstone Systems’ Guy Wallace.
Hub Group had year-over-year revenue declines in its intermodal and logistics segments during the first quarter.
Canadian Pacific Kansas City railroad announced a deal with Knight-Swift Transportation to provide intermodal capacity for a Mexico-to-Chicago train.
Schneider said Friday it will be a strategic intermodal carrier for the Canadian Pacific Kansas City rail line from Mexico to Chicago.
J.B. Hunt missed first-quarter expectations Monday as weak intermodal and trucking trends plagued the quarter.
Triton International entered an agreement to be acquired for $13.3 billion by Brookfield Infrastructure Partners.
Forward Air said Monday it is adding an intermodal drayage operation in Linden, New Jersey, to serve Port Newark.
The automotive industry may stay leaner longer.
TFI International said Tuesday it acquired asset-light intermodal provider Axsun.
This week, FreightWaves will host Global Supply Chain Week, a three-day virtual experience featuring dozens of leaders in global trade.
The $414 million acquisition of Blume Global gives WiseTech entry into the U.S. intermodal sector.
A maritime law judge has ruled that ocean carriers violate the Shipping Act when they limit container chassis choices for intermodal truckers.
Hub Group had higher revenue in its logistics, truck brokerage and intermodal segments during the fourth quarter.
Container drayage TMS provider PortPro said it raised $12 million to expand tech capabilities on its platform.
Management from J.B. Hunt sees the potential for a rebound in freight markets by the back half of 2023.
J.B. Hunt recorded a huge headline miss in the fourth quarter. However, excluding what may be a nonrecurring claims expense, the result was more subdued.
FTR Transportation Intelligence expects a competitive truck market and port activity shift to put pressure on rail intermodal in 2023.
California’s ABC test was a key reason why a decade-long misclassification case against Hub Group settled.
ContainerPort Group’s parent World Group announced the acquisition of distribution and trucking company Pacific Cascade.
Hub Group, a full-service transportation and logistics provider, detailed leadership changes on Thursday.
Forward Air said Monday it has entered into an agreement to acquire an intermodal drayage provider with locations in Mobile, Alabama, and Memphis, Tennessee.
FreightWaves founder and CEO Craig Fuller provides insight into 2022’s peak season.
Navarro Trucking Group, which pulled intermodal containers out of the ports of Los Angeles and Long Beach, has folded and filed for Chapter 7 bankruptcy.
J.B. Hunt Transport Services beat third-quarter expectations Tuesday but said that cooling freight demand will place greater scrutiny on cost control moving forward.
J.B. Hunt Transport Services beats third-quarter expectations on improved intermodal and dedicated results.
An overview of Day 1 of F3: Future of Freight Festival.
An overview of F3: Future of Freight Festival and the key speakers.
While earnings estimates remain largely intact for 2022, a September slowdown pushed analysts to take another look at 2023 forecasts.
J.B. Hunt Transport Services said Monday it has expanded its transloading capabilities to include Seattle and Laredo, Texas.
FreightWaves founder and CEO Craig Fuller outlines how FreightWaves SONAR pointed to the global freight recession months ago.
The great chassis squeeze in intermodal transport is not done yet, according to a panel of executives at the annual IANA meeting.
AB5 was the topic of an IANA panel discussion, with compliance through brokerage seen as a leading option for trucking companies.
IMC Companies says its SmartStacks app increases driver productivity and eliminates unnecessary container lifts.
RoadOne IntermodaLogistics announces its fourth acquisition in the past year.
RoadOne IntermodaLogistics announced the acquisition of Oakland, California-based R&A Trucking.
Management from J.B. Hunt Transport Services doubles down on long-term growth initiatives in its intermodal unit.
Around 450 protesters opposing California’s independent contractor law, AB5, were blocking all of the terminal gates at the Port of Oakland, forcing TraPac and Oakland International Container Terminal, also known as SSA, to close operations on Wednesday.
J.B. Hunt Transport Services announced the promotion of 28-year company veteran Shelley Simpson to president on Wednesday.
J.B. Hunt Transport Services beat second-quarter expectations despite persistent rail congestion and supply chain bottlenecks.
J.B. Hunt Transport Services’ second quarter came in ahead of forecasts.
J.B. Hunt Transport Services said it will open a transload facility to serve Southern California’s ports. The move follows several other recent initiatives aimed at upping intermodal service.
Transport analyst conducts virtual beer get-togethers to gain knowledge and build contacts.
J.B. Hunt announced a long-term agreement with a cargo shipping line to expedite the delivery of new intermodal containers and the freight of its customers.
Port X aims to create an environment where drivers feel like part of the greater team, not sequestered from it.
FreightWaves founder and CEO Craig Fuller analyzes the bullwhip effect on the current retail and trucking environments.
KlearNow has launched KlearNow Drayage, a marketplace for importers and drayage operators.
The Small Fleet & Owner-Operator Summit takes place on June 15, 2022.
Mehrotra said he was excluded from asking questions because of criticisms of its LTL operations.
Forward Air announced the first West Coast addition to its drayage franchise with the acquisition of Edgmon Trucking.
Craig Fuller explains the impact of higher diesel prices on the U.S. economy and consumers.
Customers are keen to lock in capacity for the year and mitigate risk, executives said during Hub Group’s first-quarter 2022 earnings call.
FreightWaves founder and CEO Craig Fuller writes about the impact of Chinese lockdowns on global supply chains and the U.S. trucking industry.
Former EPA Administrator Christine Todd Whitman explains in an Earth Day interview how the freight industry can embrace a more environmentally friendly future.
