As the US retail diesel price moves above $6 per gallon, shippers face elevated risk of losing needed truck capacity in the fourth quarter, experts warn.
At a time when surging domestic intermodal demand is delivering sharply higher profits to its largest competitors, Hub Group expects to report an as-yet-undetermined first-half operating loss.
Sending ships through the Red Sea should improve dismal schedule reliability, but an intensification of the war between Yemen’s Houthi militants and Saudi Arabia has elevated the risk of attack.
