Higher labor expenses, reduced volumes and regulatory uncertainty were among the third quarter’s headwinds for railroads, according to Susquehanna transportation analyst Bascome Majors.
Wabash and J.B. Hunt Transport have signed a multiyear deal that will supply J.B. Hunt with 15,000 trailers. The size and scope of the pact are significant, as the past two years saw pandemic-related supply chain disruptions throttle up new trailer orders, causing the average age of existing trailers to rise.
La ralentización de las importaciones y el aumento de los inventarios pasan factura a las previsiones de BPA para 2023
While earnings estimates remain largely intact for 2022, a September slowdown pushed analysts to take another look at 2023 forecasts.
As investors and rail stakeholders digest the Class I railroads’ first-quarter 2022 financial results, discussions about service metrics, crews and capacity, and inflation could creep into earnings calls.
The move comes as the company reports terrific first-quarter results and its shares soar.
U.S. weekly rail volumes were 24.5% higher last week, although last year’s figures reflect the volume downturn that occurred at the start of the COVID-19 pandemic.
Canadian Pacific wants to acquire Kansas City Southern. Here are five thoughts from Wall Street transportation analysts about the transaction.
FreightCar America makes Terry Rogers its permanent CFO, the Association of American Railroads reports weekly U.S. rail volumes rose 0.3% year-over-year, and The Broe Group updates its progress on a Savannah, Georgia-area industrial park.
AOL co-founder and current Revolution CEO Steve Case and Ryder’s Karen Jones to headline star-studded virtual event focused on FreightTech.
Sanguine outlook could flip, but retailers look well stocked ahead of peak season.
Read on economy from container data does not indicate slowdown yet in cards for global trade.
