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FTR’s Intermodal Competitive Index fell more than three points from June to a reading of 0.6 in July, a large drop that nearly brought the ICI into negative territory.
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Import cargo volume at the nation’s major retail container ports should be at near-peak levels this month even as retailers work to cope with the Hanjin Shipping bankruptcy, according to the monthly Global Port Tracker report released Friday.
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The initiative includes a new sales director, and will extend the builder's lineup of products to trailer dealers throughout North America.
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J.B. Hunt Transport Services founder Johnnie Bryan Hunt will be inducted into the inaugural class of the Council of Supply Chain Management Professionals’ Hall of Fame.
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Truckload linehaul rates fell again in July from the same time a year ago, marking the fifth straight month of year-over-year declines, according to latest readings from the Cass Truckload Linehaul Index.
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Overall intermodal traffic recorded its first volume decline in the second quarter of the year following 25 consecutive quarters of growth, according to a new report from the Intermodal Association of North America.
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Trucking and intermodal giant J.B. Hunt Transport Services reported its second quarter profit increased just slightly, falling short of Wall Street expectations.
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FTR’s Intermodal Competitive Index dropped in May reflecting a domestic intermodal sector that is still experiencing somewhat difficult competitive conditions.
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ASF Intermodal has expanded into the Baltimore, Md., market with a new intermodal drayage terminal, joining 13 other terminals throughout the South and Midwest.
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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.
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