Chassis provider TRAC has had its debt rating cut by Moody’s.
J.B. Hunt Transport Services declined to take a stab at what next year holds at an investor conference this week, but did emphasize that it’s “set up to win” regardless of what the new year brings.
Shares of Schneider National sank on Thursday after it missed third-quarter expectations and lowered its full-year 2025 outlook.
The State of Freight for October found some reasons to be bullish.
GE Appliances has signed on to the new Union Pacific-Norfolk Southern domestic intermodal route serving key markets via west and southwest ports.
Marten was overall profitable in the quarter but its Truckload segment lagged.
Cost reductions at J.B. Hunt more than offset a soft demand environment in the third quarter.
Shares of J.B. Hunt surged in after-hours trading on Wednesday after the company posted better-than-expected third-quarter results.
While lower imports ease traffic at intermodal terminals, the ITS Logistics US Port/Rail Ramp Freight Index cautions the silver linings hide gathering clouds.
Canadian National and CSX are collaborating on direct intermodal service from the West Coast of Canada to the heart of the U.S. Mid-south region.
J.B. Hunt Transport Services promotes Brad Delco to chief financial officer.
The Ocean Carrier Equipment Management Association has appointed industry veteran Rob Cannizzaro as deputy executive director.
While Union Pacific and Norfolk Southern have agreed to consolidate, intermodal heavyweights will have to reassess their links to the major railroads.
Schneider National said Thursday it needs more information before weighing in on the potential fallout from a Union Pacific–Norfolk Southern merger.
Werner’s year-on-year comps were tough, but it performed better sequentially in the second quarter.
Universal Logistics Holdings reported a decline in second quarter earnings and revenue due to lower volumes and demand.
Marten is selling its intermodal unit, which is focused on refrigerated, to Hub Group.
Building upon SONAR intermodal and dry van contract rate data already available in the platform, as of today, intermodal savings rates are now included in SONAR, as a national average, for 63 individual lanes, and two indices. The LA to Dallas lane is competitive between truckload and intermodal with a 9% average intermodal savings rate. […]
J.B. Hunt Transport Services’ second quarter comes with few surprises as the multimodal transportation provider navigates the bottom of the cycle.
J.B. Hunt Transport Services reported a largely inline second quarter on Tuesday.
Schneider National announced improved transit times on its cross-border intermodal service with Canadian Pacific Kansas City.
U.S. rail traffic was down for a second straight week y/y, the first back-to-back decline this year after 15 straight weeks ahead of 2024 levels.
The Federal Railroad Administration has determined that gantry cranes for a Montgomery intermodal facility meet the agency’s Buy America exemption.
A letter from the STB chairman says customers continue to report problems in southern US, requests details of ‘concrete steps’ to recover.
As tariff talk cools, intermodal carriers are becoming more upbeat.
Chicago, Il. — The Canadian Pacific-Kansas City Southern merger has gone smoothly over the past two years — until a long-planned computer system cutover last month in former Kansas City Southern territory in the U.S. CPKC Chief Operating Officer Mark Redd says the cutover — during which CP’s operations system replaced the old KCS system […]
Carload freight showed solid growth in May, but a marked decline in containers and trailers signals caution for the second half of this year.
Trac Intermodal is positioning its leading fleet of 200,000 chassis to support a tariff pause-fueled surge of import containers.
History doesn’t provide a road map for how intermodal traffic may perform in the midst of a trade war, analyst Larry Gross says.
J.B. Hunt Transport Services has expanded its premium intermodal offering, Quantum, to businesses in Mexico.
Chassis provider DCLI is upgrading its domestic intermodal chassis fleet with BlackBerry Radar GPS technology.
Intermodal volumes so far seem to be dodging the “air pocket” expected in the wake of steep tariffs on goods from China.
The ITS Logistics US Port/Rail Ramp Freight Index shows looming issues at rail terminals and an early peak season ahead.
Eastbound international container volume out of Southern California was down 5% from the prior week and 10% compared to the four-week rolling average, according to RailState.
It’s a whole new freight market from what it was just a month ago, according to the May State of Freight webinar.
Hub Group posted an 8% year-over-year decrease in total revenue in the first quarter, to $915.2 million.
Schneider National is still targeting 2025 as a growth year but not likely as robust as hoped due to trade uncertainty.
Schneider National posted a rare earnings beat in what was a tough quarter for transportation companies.
Universal Logistics Holdings’ first-quarter revenue decreased 22.3% year over year to $382.4 million.
Union Pacific has brought a rare trackage rights dispute with BNSF to the Surface Transportation Board.
Universal Logistics Holdings reported a 22% decrease in revenue and an 88% drop in earnings per share in the first quarter.
J.B. Hunt Transport Services said it’s remaining rate-disciplined on the intermodal front, allowing some business to walk as it works to improve yields and margins in the segment.
J.B. Hunt Transport Services’ first-quarter earnings result came in ahead of recently lowered forecasts.
Rail traffic in the U.S. rose 11.2% for the week that ended Saturday – the sixth straight increase.
Canadian National workers represented by the Teamsters Canada Rail Conference will get a 3% annual pay raise under an arbitrator’s contract decision.
Two trade-dependent intermodal projects by BNSF Railway will move forward despite the Trump administration’s announcement of new tariffs.
A partnership of BNSF, Norfolk Southern and the Northwest Seaport Alliance are offering expedited service from the Pacific Northwest to the Chicago rail hub.
Railroads in January saw their share of North American transborder trade slip as trucks posted double-digit gains.
With an international intermodal surge winding down, analyst Larry Gross pins his hopes on domestic intermodal share gains.
Class 1 railroads saw mixed results in Q4 of 2024, but consultant Oliver Wyman sees a steadier year ahead.
Reflecting the tariff pull-forward, rail intermodal takes share from truckload.
For a fourth straight week, U.S. rail traffic has recorded an increase of more than 5% over the same week a year earlier. Statistics from the Association of American Railroads for the week ending March 22 show total traffic was 496,214 carloads and intermodal units, a 5.5% increase over the same week in 2024. That […]
Canadian ports on both coasts are grappling with extended dwell times, according to forwarder DHL’s March ports update.
CSX is detouring well over a dozen trains daily now that the Howard Street Tunnel project is underway in Baltimore.
Theft of cargo cost Class I railroads more than $100 million in 2024, according to the Association of American Railroads.
U.S. intermodal chassis manufacturers are again asking the federal government for protection against chassis made in Mexico, Vietnam and Thailand.
Railroads are weighing the uncertainty of President Trump’s proposed tariffs and foresee a moderate cross-border impact, executives told an investor conference.
BNSF’s saw fourth quarter revenue decline primarily due to a 6.6% drop in average revenue per carload.
Trains are rolling again on Norfolk Southern’s Heartland Corridor after flooding hit parts of West Virginia, Kentucky, Virginia and Ohio.
Union Pacific will lease 1.25 miles of trackage in Kansas City, Missouri, to a new Jaguar Transport short line in March.
Carload volume on U.S. railroads for the week ending Feb. 15 finished narrowly ahead of the same period in 2024.
J.B. Hunt Transport Services said it will focus on what it can control as the industry awaits a meaningful recovery.
Freight market not tightening in time for bid season.
Universal Logistics lowered its 2025 guidance due to headwinds in the intermodal market and expenses from a recent acquisition.
Universal Logistics Holdings reported a 19% increase in operating revenue to $465.1 million in the fourth quarter.
US weekly rail traffic rebounds after a slight downturn.
British infrastructure investor Ancala and Arkadia Rail Partners have teamed up to purchase Lehigh Valley Rail Management.
Profits and revenue fell at Canadian National amid port work stoppages and extreme cold.
In the first State of Freight webinar for the year, intermodal and politics were on the agenda.
CPKC delivers on 2024 guidance of double-digit earnings growth, despite economic uncertainties and tariff threats.
J.B. Hunt Transport Services announced it has built a 40-acre solar farm that will provide electricity to most of its main corporate campus.
Operational and other improvements helped Norfolk Southern meet or exceed financial targets it set amid last year’s nasty proxy battle with activist investor Ancora Holdings.
A settlement has been reached between Norfolk Southern and East Palestine, Ohio, after a 2023 derailment left hazardous waste and more behind.
A strong shipping market helped secondhand container prices grow to an above-average finish in 2024, but it’s unclear whether that will be sustained heading into the new year. “With inflationary pressures persisting and central banks maintaining higher interest rates for longer, container owners will face increased total asset costs,” said Christian Roeloffs, co-founder and chief […]
Cargo theft, rail crossings, and infrastructure improvements dominate House hearing on rail legislative issues.
There are no major bottlenecks for North American container port drayage and rail ramps, according to ITS Logistics’ January U.S. Port/Rail Ramp Freight Index.
Container volumes have not slowed in January, blowing out year-over-year comps.
An autonomous railcar pilot program involving Parallel Systems’ self-propelled, battery-electric container cars will be conducted on two Genesee & Wyoming short lines in Georgia.
Decision says Pipeline and Hazardous Materials Safety Administration failed by not preparing environmental report
STB Chairman Robert Primus addressed the Midwest Association of Rail Shippers on Thursday.
J.B. Hunt Transport Services reported record intermodal volumes for the fourth quarter, but shares sagged after the market closed Thursday as costs overshadowed the period.
J.B. Hunt Transport Services reported fourth-quarter results Thursday after the market closed.
Intermodal volumes boosted weekly U.S. rail traffic even as overall carloads slipped compared to the same week in 2024.
SCHAUMBURG, Ill. — The power of data, or more accurately, of well-used data, may not have explicitly been the topic of BNSF Railway CEO Katie Farmer’s presentation at the Midwest Association of Rail Shippers Winter Meeting. But it was a recurring theme of several subjects she touched on as part of her keynote address Wednesday […]
SCHAUMBURG, Ill. — The question of the day, on the first day of the Midwest Association of Rail Shippers Winter Meeting, is probably one being asked in one form or another at every business in the United States — or that does business with the U.S. What about tariffs? The consensus Wednesday was, not surprisingly, […]
The Environmental Protection Agency has awarded the public-private Louisiana International Terminal project $1 million toward its Sustainability Management Plan.
At the Transportation Research Board annual meeting, intermodalists advise and dissent over developments in the freight sector.
Weekly U.S. rail traffic showed a slight uptick over 2024 in the first report from the Association of American Railroads for 2025. Overall volume for the week ending Jan. 4 was 421,410 carloads and intermodal units, a 1% increase over the first week a year ago. That included 198,500 carloads, down 4.6%, and 222,910 containers […]
CMA CGM has announced several surcharges affecting US container services but delayed one after reports that union dockworkers and port employers would resume contract negotiations.
The International Longshoremen’s Association and port employers represented by the United States Maritime Alliance are set to resume bargaining on a new contract Jan. 7.
Liner operator Hapag-Lloyd announced new surcharges ahead of a possible
January strike by the International Longshoremen’s Association at East and Gulf Coast ports.
Chassis provider Trac Intermodal saw its debt rating affirmed by Moody’s, but its outlook is now negative.
Canadian union Unifor said its members ratified new four-year agreements with Canadian National Railway.
Liner operator Yang Ming of Taiwan announced plans to modernize its fleet with orders for as many as 13 newbuildings.
The freight industry is experiencing a notable shake-up this week, with several key developments signaling potential long-term shifts in market dynamics.
Norfolk Southern has tabbed investment banker Michael Barr as vice president of investor relations and treasurer.
Fears of new tariffs and a strike at East Coast ports combined to push up ocean container rates on Asia-U.S. routes in December.
Intermodal volumes are robust, even past peak retail season. What does it mean for 2025?
Intermodal continues to pace weekly U.S. rail traffic while carloads edged downward, according to the Association of American Railroads.
A newly completed CPKC rail bridge linking the U.S. and Mexico is expected to double capacity for cross-border trade.
