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Intermodal Rail Taking Growing Share Of Containers Out Of NY-NJ Ports
Monday, January 14, 2019 - 12:25pm | 1064Read More...Intermodal rail is taking a growing share of container traffic coming out of the largest U.S. East Coast port as more heavy freight moves across the docks and trucking costs rise. Even so, some shippers remain wary of relying on intermodal rail due to the ongoing service changes being made in the...
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L.A. Warehouse Crunch Pushes Freight Into Northern California
Thursday, January 10, 2019 - 5:58pm | 612Read More...The U.S. - China trade war continues to disrupt freight movements into the new year. The Los Angeles and Ontario, California warehouse markets are clogged with inventory pulled forward ahead of tariff deadlines, causing inbound freight to be dumped into secondary markets like Stockton, Modesto, and...
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Intermodal Volumes Post Record 2018 On Heels Of Tariff Concerns
Monday, January 7, 2019 - 12:56pm | 1014Read More...FREIGHTWAVES' SONAR CHART OF THE WEEK (Jan 6 -Jan 12, 2019) Chart of the Week: Rail Traffic Originated by Intermodal Containers (SONAR:RTOIC.USA) According to FreightWaves' SONAR platform, intermodal rail traffic (RTOIC.USA) had its biggest year by volume for the second year in...
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Market Rise Stalls, but Remains Ahead For the Year, According to Two Indices
Wednesday, December 19, 2018 - 5:33pm | 460Read More...Two of the freight industry's leading indices reflect a market that isn't rising significantly sequentially but is still solidly above 2017 levels. -- The American Trucking Associations' For-Hire Truck Tonnage Index for November on a seasonally-adjusted basis was up 118.9 from...
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Keep On Truckin': Argus Expects JB Hunt To Gain Market Share
Tuesday, March 20, 2018 - 1:03pm | 425Read More...J B Hunt Transport Services Inc (NASDAQ: JBHT), a transport services company that offers freight solutions across the U.S., Canada and Mexico, spent the better part of the past decade adapting its business to changes in customer demand, something Wall Street's newest bull analyst appreciates....
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Wunderlich's 2015 Transportation Outlook: 'Tight Capacity To Spur Rebound' For Laggards
Monday, December 8, 2014 - 9:42am | 205Read More...Nicholas Bender of Wunderlich Securities published on Monday a note detailing the outlook for the transportation sector in 2015. Throughout 2014, domestic truck carriers benefited from a “dramatic” tightening of capacity, a trend that Bender notes is unlikely to change in the near...
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CEO Michael Ward On CSX Q2 Results Chugging Past Analysts' Estimates (CSX)
Wednesday, July 17, 2013 - 9:13am | 336Read More...President, Chairman and CEO of CSX (NYSE: CSX) Michael Ward appeared on CNBC's Squawk Box to discuss the company's strong Q2 results. CSX came in at $0.52 EPS, both over analysts' estimates and last year's Q2 results. Revenue came in at $3.07, toppling estimates of $3.02 billion while also...
