Hub Group receives Nasdaq delisting notice, plans to appeal
As expected, Hub Group has received an official delisting notification from Nasdaq after missing a financial reporting deadline.
As expected, Hub Group has received an official delisting notification from Nasdaq after missing a financial reporting deadline.
Freight on U.S. railroads saw a rare down week but still maintained a healthy lead ahead of 2025 volumes.
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.
BNSF, CPKC and CSX want broad operating rights over a merged UP-NS network.
Delaware Container Terminal is scheduled to open by 2028.
Freight on U.S. railroads staged a late summer surge led by grain and metallic ores.
Intermodal traffic improved by more than double the percentage of carload shipments in the latest AAR data.
Rail freight posts another solid week led by crude by rail, met ore
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.
BNSF offers six-days-per-week between southwest hubs.
Rail freight on U.S. railroads posted solid weekly gains as intermodal outpaced overall traffic.
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.
Shippers appear to be using intermodal as pricing spreads near all-time highs, but there are risks to this looming later in the year.
A building peak surge, and shift from trucks to rail, paced increased stronger intermodal loadings for U.S. railroads.
CPKC posted record Q2 revenue strong performances in grain, automotive, and energy sectors.
Industrial products led rail freight traffic as intermodal volumes eased from their recent surge.