Alongside its slightly worse-than-expected third-quarter report on Thursday, Schneider National announced a deal to utilize Norfolk Southern’s rail network in the East.
Schneider National will make Norfolk Southern its primary eastern rail provider as the railroad pursues a merger with Union Pacific.
J.B. Hunt Transport Services’ third quarter displayed growth pains and other cost pressures, but management said this was likely a speed bump on the road to recovery.
Following an earnings warning issued a month ago, J.B. Hunt Transport Services posted third-quarter results that modestly exceeded lowered analyst expectations.
STG Logistics announced a new leadership team on Monday, following the successful completion of its Chapter 11 restructuring.
Hub Group announced it has reshaped its board as it works to regain compliance with Nasdaq’s listing requirements.
Alabama’s $100 million Montgomery inland container terminal will link central Alabama shippers to the Port of Mobile via CSX rail.
As expected, Hub Group has received an official delisting notification from Nasdaq after missing a financial reporting deadline.
Norfolk Southern says intermodal’s next growth phase will depend on making rail as simple, predictable and accountable as trucking through stronger terminal performance and a coast-to-coast merger.
J.B. Hunt Transport Services warned late Tuesday that third-quarter earnings could fall 5% to 10% sequentially due to surging fuel and driver-related costs.
Hub Group expects a Nasdaq delisting notice after missing a financial reporting deadline due to an accounting error, but plans to request a hearing to maintain its stock listing.
RoadOne IntermodaLogistics has expanded its intermodal footprint with the acquisition of Higgins Transport Service, a drayage provider based in Charleston, South Carolina.
Minerals typically used in steelmaking led gainers in another solid week for freight on U.S. railroads.
Amid rising truckload rates, elevated fuel prices and a tightening driver market, J.B. Hunt has experienced a surge in intermodal conversion opportunities this summer.
J.B. Hunt Transport Services celebrated its 65th anniversary by ringing the Nasdaq opening bell in New York City on Monday.
ITE Management has acquired the North American Chassis Pool Cooperative, expanding its intermodal platform to over 60,000 units.
As shippers migrate toward high-quality transportation providers, J.B. Hunt Transport Services comfortably surpassed expectations for the second quarter.
J.B. Hunt Transport Services blew past analysts’ second-quarter forecasts on Wednesday, sending shares up 9% in after-hours trading.
STG Logistics’ exit from Chapter 11 comes at an opportune time.
Schneider National announced additional leadership changes and promotions on Monday as part of a previously announced succession plan.
