TopNews

Intermodal

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July 18, 2016 - Industry News

Earnings Watch: J.B. Hunt Improves Second Quarter Profit by 2%

Trucking and intermodal giant J.B. Hunt Transport Services reported its second quarter profit increased just slightly, falling short of Wall Street expectations.

Tags: Economy, 3PL, Intermodal, J.B. Hunt, Earnings, Fleet Earnings, Dedicated Fleets

July 12, 2016 - Industry News

FTR Index Shows Less Competitive May for Intermodal Market

Photo: Jim Park

FTR’s Intermodal Competitive Index dropped in May reflecting a domestic intermodal sector that is still experiencing somewhat difficult competitive conditions.

Tags: Railroads, Intermodal, FTR

June 30, 2016 - Industry News

ASF Intermodal Opens Baltimore Terminal

ASF Intermodal has expanded into the Baltimore, Md., market with a new intermodal drayage terminal, joining 13 other terminals throughout the South and Midwest.

Tags: New Facility, Intermodal, City of Baltimore, ASF Intermodal

June 27, 2016 - Industry News

Panama Canal Opens Larger Locks; Impact on U.S. Logistics Unclear

The container vessel COSCO Shipping Panama made the inaugural transit of the expanded Panama Canal on Sunday, June 26, after a 14-day journey. It has a container carrying capacity of 9,472 TEUs. Photo: Panama Canal

After many delays, the larger locks of the Panama Canal opened this weekend, allowing larger ships carrying intermodal shipping containers coming from Asia to access East Coast and Southeast ports. While there has been much speculation that this could shift cargo traffic away from the busy West Coast ports, how exactly things will play out is yet to be seen.

Tags: Intermodal, Ports, Panama Canal

June 21, 2016 - Industry News

Truckload Linehaul, Intermodal Rates Still Dropping

Separate gauges of truckload line haul rates and intermodal rates both fell in May, according to newly released figures, following a Monday report showing freight levels are well below those of the last several years.

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

May 16, 2016 - Industry News

Freight Shipments, Rates Well Below Year Earlier Levels

The amount of North America freight shipments and freight spending remain below levels from a year ago despite monthly gains, according to the latest Cass Freight Index report, and there is a concern conditions could get worse.

Tags: Economy, Railroads, Intermodal, Freight, Freight Rates, Cass Freight Index

May 13, 2016 - Industry News

Truckload, Intermodal Rates Post Drops

A measure of per-mile truckload linehaul rates declined again in April along with a separate gauge of intermodal shipping costs. And there is little to no indication conditions will soon improve.

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

May 9, 2016 - Industry News

FTR's New Index Shows Somewhat Positive Intermodal Conditions

FTR's new Intermodal Competitive Index indicated that intermodal conditions were generally positive but not stellar.

Tags: Industry Research, Intermodal, FTR

May 9, 2016 - Industry News

IANA Expects Intermodal Volume Increases this Year

Source: IANA

Intermodal volume in the first quarter of 2016 increased, underscoring the segment's core strengths despite other indicators, according to the Intermodal Association of North America’s latest report.

Tags: Intermodal, Freight, IANA

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 28, 2015 - Industry News

Port Drivers Strike Again Over Misclassification Issue

Photo: Justice for Port Truck Drivers

This week, truck drivers went on strike at the Ports of Los Angeles and Long Beach over employee misclassification and wage theft.

Tags: Drivers, Driver Pay, Teamsters, Strikes, Ports, Port of Los Angeles, Port of Long Beach, Intermodal, Labor Unions, Independent Contractors

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 28, 2015 - Product News

Trailer Hybrid System Recovers Energy Lost During Braking

Two European startup companies have developed the Kinetic Energy Recovery System, a hybrid system for road freight vehicles that attaches to a trailer and provides a boost to the vehicle.

Tags: Trailers, Intermodal, Alternative Fuels & Hybrids, Regenerative Braking

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

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