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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.
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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.
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The Greenberg Great Train & Toy Show is an annual event at the fairgrounds in Columbus, Ohio. On the show's layouts as in real life, trucks and trailers play an important transportation role.
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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.
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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).
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This week, truck drivers went on strike at the Ports of Los Angeles and Long Beach over employee misclassification and wage theft.
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While a lot of rail freight is not growing, rail intermodal is growing according to an analyst at ACT Research.
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Norfolk Southern Corp is restructuring its Triple Crown Services subsidiary to focus on the transportation of automobile parts, the company has announced.
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Schneider is offering a new cross-border intermodal service for shippers in Canada and the Southeastern U.S.
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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.
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