Commentary: Belay that RR intermodal market hype
It is too early to call the intermodal recovery a long-term win for the railroads.
It is too early to call the intermodal recovery a long-term win for the railroads.
Cass data for the month of August shows significant acceleration in demand and rates but the comparisons to 2019 still lag other data sources.
Tightening truckload and intermodal markets have carriers expecting the hot freight market to carry forward. One carrier is calling for large rate increases in 2021.
Containers are used to carry imports to the U.S., but they also carry exports from the U.S. The agriculture industry depends on them, but COVID-19 has caused the system to fray…
Hub Group’s second-quarter earnings beat was accompanied by the expectation for intermodal volume to increase in the high-single-digit range for the rest of the year.
“Cost containment” minimizes the impact of a 15% revenue decline during Schneider National’s second quarter. Guidance was reinstated higher than current consensus expectations.
Company is leveraging rail service for its Transplace customers.
J.B. Hunt Transport Services posts a solid second quarter, besting analysts’ forecast by 31 cents per share.
Railroad volumes continue to drop. What might they do to increase volumes? Where are the volume increases going to come from?
The fourth quarter of 2020 or the first quarter of 2021 might be when the intermodal sector will see some volume growth. But truck capacity, fuel pricing and pandemic uncertainties make a recovery hard to pin down.
Moody’s says rail volumes could slip 15% or more in 2020. Meanwhile, IANA confirms declines in international intermodal volumes in the first quarter.
Hub Group’s first quarter miss included several one-off expenses unlikely to recur. However, volume headwinds are expected to persist in the near-term.
North American rail volumes last week were approaching levels normally seen during Christmas and New Year’s, according to the Association of American Railroads.
Hub Group joins other transportation companies in accessing revolving credit to improve liquidity.
Intermodal volumes slump as the coronavirus cuts North American import and export volume.
Coronavirus has strained supply chains and had a huge impact on the movement of freight.
The drop in weekly intermodal volumes in North America could be a reflection of the impact of coronavirus on the supply chain.
The World Health Organization on Friday raised its assessment of the global coronavirus risk from “high” to “very high,” the most serious assessment in its new four-stage alert system. “This is a Class 1 event and is unprecedented in modern history,” FreightWaves CEO Craig Fuller said of the global economic and supply chain effects of […]
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Jim Blaze writes about the potential of short-haul intermodal traffic on the North American Class 1 railroads.