Fleet Management

Intermodal

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April 18, 2016 - Industry News

Earnings Watch: J.B. Hunt Profit Increases Nearly 9%

J.B. Hunt Transport Services says its first-quarter profit increased 8.9% from a year earlier as revenue rose by 6%, thanks to volume growth, improved network operations, higher equipment utilization, lower maintenance costs and increased contract pricing.

Tags: Economy, 3PL, Intermodal, Earnings, JB Hunt, Dedicated Fleets, Fleet Earnings

March 18, 2016 - Industry News

Lawsuits Push Port Trucking Company Into Bankruptcy

Premium Transportation Services, also known as Total Transportation Services, has filed for Chapter 11 bankruptcy, citing its financial troubles related to driver misclassification lawsuits and legal costs.

Tags: Bankruptcy, Ports, Port Trucking, Total Transportation Services, Independent Contractors, Intermodal, Drayage, Teamsters, Labor Unions

March 17, 2016 - Industry News

Truckload, Intermodal Rates Drop Again

Truckload linehaul freight rates have fallen again and are barely higher than a year ago, while rates for intermodal shipments have dropped for the 14th straight month, according to the latest Cass indexes.

Tags: Economy, Intermodal, Cass Intermodal Linehaul Index, Cass Truckload Linehaul Index, Truckload, Freight Rates

March 15, 2016 - Industry News

Port Traffic Expected to Return to Normal Patterns

Photo courtesy the Port of Long Beach

Import cargo volume at the nation’s major retail container ports should see its traditional buildup toward the summer, despite difficult comparisons with last year’s unusual patterns, according to one report.

Tags: Economy, Intermodal, Ports

February 24, 2016 - Industry News

Increased Capacity Hurts Truckload Rates, Low Fuel Prices Hit Intermodal

Truckload rates grew at a weaker pace for the fifth consecutive month in January, according to newly released numbers, while intermodal rates are expected to continue a drop that started a year ago.

Tags: Economy, Intermodal, Cass Intermodal Linehaul Index, Cass Truckload Linehaul Index, Truckload, Freight Rates

January 22, 2016 - Industry News

Earnings Season Begins with J.B. Hunt Profit Increase

Although many analysts are expecting generally lower fourth-quarter earnings for the nation’s publicly held companies, J.B. Hunt kicked off the earnings season for trucking on Thursday by reporting a 6% increase in profit.

Tags: Economy, Intermodal, JB Hunt, Fleet Earnings

November 23, 2015 - Industry News

Truckload Linehaul Rates Up from Year Ago, Intermodal Drop Continues

A measure of truckload rates moved higher in October from the same time last year, while intermodal rates continued moving lower, according to newly released figures.

Tags: Economy, Intermodal, Cass Intermodal Linehaul Index, Cass Truckload Linehaul Index, Freight Rates

November 5, 2015 - Industry News

Intermodal Shipments Post Surprising Third Quarter Surge

Graphic: IANA

Despite month-to-month variations, third quarter intermodal freight traffic growth of 3.4% was in line with year-to-date results, according to new figures from the Intermodal Association of North America (IANA).

Tags: Canada, Economy, Railroads, Intermodal, Freight

October 5, 2015 - Industry News

Rail Freight Weakens But Intermodal Grows

Photo: BNSF

While a lot of rail freight is not growing, rail intermodal is growing according to an analyst at ACT Research.

Tags: ACT Research, Railroads, Intermodal, Freight

September 18, 2015 - Industry News

Norfolk Southern Restructures Triple Crown Services

Photo: Norfolk Southern

Norfolk Southern Corp is restructuring its Triple Crown Services subsidiary to focus on the transportation of automobile parts, the company has announced.

Tags: Railroads, Intermodal, Norfolk Southern

September 16, 2015 - Industry News

Schneider Offers New Cross-Border Intermodal Service

Schneider is offering a new cross-border intermodal service for shippers in Canada and the Southeastern U.S.

Tags: Canada, Intermodal, Schneider

August 18, 2015 - Industry News

Intermodal Freight Slows Shift to East Coast

Photo: Georgia Ports Authority

As intermodal freight enters peak shipping season at the nation's ports, West Coast ports appear to be slowing the diversion of freight to East Coast ports. At the same time, East Coast ports are working to extend their inland reach, according to published reports.

Tags: Intermodal, Ports

August 10, 2015 - Industry News

Hub Group President/COO Resigns

Mark Yeager

Mark Yeager resigned his position as president and chief operating officer of Hub Group effective August 8.

Tags: Leadership, Intermodal, People, Hub Group

August 5, 2015 - Industry News

Ports of Seattle and Tacoma Agree to Alliance

Photo via Northwest Seaport Alliance

The ports of Seattle and Tacoma voted Aug. 4 to formally launch the Northwest Seaport Alliance, which unifies the cargo operations of the two Northwest ports in a bid to attract more cargo to the region.

Tags: Ports, Mergers & Acquisitions, Port of Seattle, Port of Tacoma, Intermodal

July 27, 2015 - Industry News

ATA Forecasts Growth in Freight Volumes

The forecast predicts growth for intermodal.

Freight volumes are projected to grow nearly 29% over the next 11 years, according to a report released by American Trucking Associations.

Tags: ATA, Forecast, Intermodal, Freight

July 19, 2015 - Industry News

J.B. Hunt Profit Inches Higher in Second Quarter

Photo by Jim Park.

J.B. Hunt Friday announced an increase in its second quarter 2015 net earnings to $103.4 million, or diluted earnings per share of 88 cents.

Tags: Intermodal, J.B. Hunt, Fleet Earnings, Economy

June 29, 2015 - Industry News

Kuehne Nagel Purchases 3PL Provider ReTrans

Credit: Kuehne and Nagel Group

Memphis, Tenn.-based third party logistics provider ReTrans Inc. is being purchased by the Kuehne Nagel Group, the latest in a series of moves by companies extending their reach into trans-Atlantic freight.

Tags: Intermodal, Mergers & Acquisitions, Fleets, 3PL, Global

June 23, 2015 - Industry News

Port Truckers Protest in New Orleans

Local TV station reports on trucker protest at Port of New Orleans.

Truckers at the Port of New Orleans are sick and tired of handling damaged boxes that they don't get paid for and are protesting, according to a local TV station.

Tags: New Orleans, Intermodal, Ports, Port Trucking

June 22, 2015 - Industry News

May Truckload Rates Higher, Intermodal Rates Fall

Newly released figures show the Cass Truckload Linehaul Index once again remained higher in May than in each of the past three years, coming in 3.5% higher than May 2014 and 9.5% higher than two years ago.

Tags: Economy, Intermodal, Cass Intermodal Linehaul Index, Cass Truckload Linehaul Index, Freight Rates

June 11, 2015 - Industry News

BNSF Promising Faster Intermodal on Northern Corridor

BNSF has made significant investments in its Northern Corridor route. Photo: BNSF

BNSF Railway announced new, faster service offerings along its Northern Corridor route, after heavy oil-field and grain shipments last year caused service times to drop.

Tags: Railroads, Intermodal, BNSF

June 9, 2015 - Industry News

Economic Watch: U.S. Ports Returning to Normal

Import cargo volume at the nation’s major retail container ports has returned to normal levels following ratification of a new West Coast labor agreement, according to the monthly Global Port Tracker report.

Tags: Freight, Ports, Port Trucking, Economy, Intermodal

June 8, 2015 - Industry News

So Cal Port Truckers: Inspection Program Causing Congestion

The California Trucking Association recently came out against a new chassis equipment inspection process at the Ports of Los Angeles and Long Beach, saying they are causing congestion problems for truckers.

Tags: Port of Los Angeles, Port of Long Beach, Ports, CTA, Congestion, Intermodal, Intermodal Chassis

May 6, 2015 - Industry News

First Quarter Intermodal Shipments Increase 2 Percent

Graphic: IANA

Total intermodal shipments in the U.S. and Canada rose 2% over last year’s first quarter volumes despite port congestion issues that impacted international container traffic, according to new figures from the Intermodal Association of North America.

Tags: Economy, Intermodal, IANA

April 28, 2015 - Industry News

Port Truckers Picket As Far South As Mexico Border

Photo via Justice for Port Drivers

Port truck drivers from four trucking companies continued picketing at the Ports of Los Angeles and Long Beach, disrupting cargo operations across Southern California as far south as the border.

Tags: Ports, Teamsters, Strikes, Port Trucking, Independent Contractors, Intermodal, Labor Unions

April 27, 2015 - Industry News

Port Truckers Strike Over Job Misclassification

Hundreds of truckers from companies servicing the Ports of Los Angeles and Long Beach have walked off the job to protest what they say are unfair labor practices due to improper employee classification.

Tags: Ports, Teamsters, Strikes, Independent Contractors, Intermodal, Labor Unions

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