Total intermodal freight volumes climbed 7.2% year-over-year in the first quarter of 2018, the strongest gain since the second quarter of 2014, according to new figures released by the Intermodal Association of North America.
Newly released figures on the health of the North American freight marketplace as well as on U.S. truckload linehaul and intermodal rates show all are at or near record highs.
Freight rates for truckload linehaul and intermodal movements continued showing great strength in February, according to figures released Wednesday from one freight payment processor.
Trucking giant Schneider has completed its conversion to a company-owned and managed chassis fleet after buying 15,000 intermodal container chassis over the past four years.
Train hopping is dangerous – always dangerous – veterans of the pastime say. In his Trailer Talk blog, Tom Berg, from the safety of watching via YouTube, shares one train hopper's experience as he gets up close and personal to a piggyback trailer.
A gauge of the level of freight moved by the nation’s for-hire transportation industry capped off 2017 by posting another new all-time monthly high, according to the Transportation Department.
The fourth quarter 2017 earnings reporting season continued on Thursday with another three fleets – Old Dominion Freight Line, Hub Group, and Radiant Logistics – reporting increased profits, due not only to more business and better rates, but also to tax reform.
Intermodal cargo is booming at the nation’s ports. The Port of Los Angeles and the Port of Long Beach both reported record levels of cargo. Georgia's Port of Savannah hit its highest annual volume ever, and the Port of New York and New Jersey also shattered its previous annual cargo volume record, set in 2015.
The Ports of Seattle and Tacoma in Washington reached a compromise with independent truckers who threatened a walk-out over a program that would ban trucks that don’t meet 2007 emissions standards from the ports.
Intermodal freight volumes posted a strong fourth quarter that saw a growth rate of 5.8% year over year, according to an Intermodal Association of North America report.