Today's intermodal customers seem on the verge of a similar entreaty to the Dickens character Oliver Twist: They're virtually begging for more capacity, more service and more pricing.
News & Analysis
24 Aug 2015
U.S. retailers and manufacturers are slicing into inventories they built up during the West Coast port labor dispute, contributing to what's reported to be a softer third-quarter freight market. Stronger consumer spending may help shippers balance inventories as peak season demand picks up.
18 Aug 2015
U.S. truckload rates continued to rise in July and domestic intermodal pricing dropped, as shippers continued to find it more and more difficult to justify converting business from highway to rail, according to Cass Information Systems and Avondale Partners.
12 Aug 2015
The surge in freight traffic that began in April dissipated in July, as shipments dropped 1.6 percent from June, the latest Cass Freight Index shows. That's a normal seasonal trend, Cass said, pointing out that volumes are still higher than in 2013 and the early economic recovery.
11 Aug 2015
Hub Group’s President and Chief Operating Officer Mark Yeager has resigned from his post, a move one analyst called a “surprising and abrupt” departure from the Chicago area-based intermodal rail provider.
05 Aug 2015
After modest intermodal growth in the second quarter, railroads and the top intermodal trade association maintain intermodal growth will kick into a higher gear before the end of the year.
03 Aug 2015
With carload volume, particularly coal shipments, declining and railroads’ enviable profit growth slowing, the acknowledgement shared during second-quarter earnings calls that intermodal has lost share to truck reflects not only the dynamism of surface transportation but a rare case in which railroads must step up their game or lose valuable business.
22 Jul 2015
Hub Group said the intermodal rail service of its two major partners, Union Pacific Railroad and Norfolk Southern Railway, is improving, albeit not fully recovered, delivering a better financial performance than the prior quarter.
17 Jul 2015
The loss of fuel surcharge revenue and a slower economy proved a drag on revenue for J.B. Hunt Transport Services, but didn't keep profits from rising at three of its four operating divisions.
15 Jul 2015
Contract truckload rates climbed higher in June, while rail intermodal pricing slipped for the sixth straight month, according to pricing indices released by Cass Information Systems and Avondale Partners.
25 Jun 2015
The purchase of ReTrans, an intermodal and truck freight brokerage with more than $500 million in annual revenue, extends the reach of Kuehne + Nagel, the second-largest global 3PL, far beyond U.S. ports and into the nation's industrial heartland.