After a tumultuous year that saw a high-profile management shake-up and intermodal volume declines, Hub Group finished 2015 with a strong fourth quarter. Profit jumped double digits in the last three months of 2015 on stronger intermodal and truck brokerage freight volume and recovering rail service, the company said.
News & Analysis
03 Feb 2016
Shippers using C.H. Robinson Worldwide to move truckload freight saw pricing drop 3 percent on average in the fourth quarter. The logistics operator's volume, net revenue and profit, on the other hand, all rose.
21 Jan 2016
J.B. Hunt Transport Services beat both Wall Street and Main Street in the fourth quarter, winning more business and hauling more freight when overall U.S. shipment volumes were dropping.
20 Jan 2016
Russian intermodal container operator Ruscon posted a traffic increase in the third-quarter of 2015 because of new services, more shipments of refrigerated cargo and new customers.
13 Jan 2016
Just as Class I railroads announce service has finally recovered to 2013 levels, harsh winter weather is testing their improved train speeds and dwell times.
13 Jan 2016
CSX Transportation forecasts flat intermodal growth in the first quarter, as the loss of international intermodal business to Norfolk Southern Railway is expected to offset domestic volume increases gained from highway conversions and a key customer shifting loads away from its U.S. Eastern rail archrival.
09 Jan 2016
Starting Monday, truckers will face fines if they fail to send electronic shipment manifests to Canadian authorities before arriving at the border. Shipments could be delayed.
17 Dec 2015
A new federal registration system for several types of transport operators isn't ready for prime time, but federal regulators are launching its “first phase.”
17 Dec 2015
Truckload contract linehaul rates continued to rise in November as intermodal rates fell, according to pricing indices from Cass Information Systems and Avondale partners.
24 Nov 2015
U.S. domestic intermodal spot rates have been falling thanks in large part to loose capacity on major lanes, according to third-party logistics provider IDS. The Indianapolis-based 3PL, though, is warning that trend could easily reverse course if the industry is rocked by another winter as it has been in years past.