Intermodal

J.B. Hunt highlights improved intermodal volume but also rate pressure

J.B. Hunt kicks off earnings season

On Thursday’s analyst call (see Todd Maiden’s earnings writeup here), J.B. Hunt highlighted both improved intermodal volume and pressure on intermodal rates. Intermodal volume exceeded most industry participants’ expectations for a lack of peak season in the fourth quarter of last year. The carrier’s intermodal volumes were up 6.5% year over year in the fourth quarter, which implies market share gain when compared to the 5% y/y increase in loaded containerized...

https://www.freightwaves.com/news/j-b-hunt-highlights-improved-intermodal-volume-but-also-rate-pressure

Will J.B. Hunt’s insurance-cost laden Q4 be taken in stride by investors?

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Management from J.B. Hunt Transport Services called out cost pressures on multiple fronts several...

https://www.freightwaves.com/news/will-j-b-hunts-insurance-cost-laden-q4-be-taken-in-stride-by-investors

Former Kansas City Southern chief joins J.B. Hunt’s board

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Multimodal transportation provider J.B. Hunt Transport Services announced Tuesday that former Kansas...

https://www.freightwaves.com/news/former-kansas-city-southern-chief-joins-j-b-hunts-board

7 hot issues for rail stakeholders in 2024

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Railroads, shippers and unions are tracking hot topics ranging from service improvement to...

https://www.freightwaves.com/news/7-hot-issues-for-rail-stakeholders-in-2024

Improving rail service key to growing intermodal volumes: Consultant

Intermodal rail in 2024 is likely to still face pressure from the trucking market; however, market conditions for the overall freight transportation market also appear to be returning to pre-pandemic patterns, and so providing good rail service will be key in enabling intermodal rail to compete, according to Matt Muenster, chief economist for Breakthrough, a transportation management technology provider.

“Railways will likely experience headwinds in growing intermodal shipping in 2024,...

https://www.freightwaves.com/news/improving-rail-service-key-to-growing-intermodal-volumes-consultant

Running on Ice: International developments for the cold chain

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Your latest info on all things cold chain.

Hello, and welcome to the coolest community in freight!...

https://www.freightwaves.com/news/running-on-ice-international-developments-for-the-cold-chain

Can intermodal rail increase its market share by 25% by 2030? 

Despite U.S. intermodal containers traffic trending lower on a cumulative basis in 2023, intermodal rail is still a viable way to not only compete against the trucking market but also to support the long-term growth of the North American freight rail industry — provided that the industry and its stakeholders be willing to take some risks to ensure the success of rail, according to a report from consulting firm Supply Chain Ecology and commissioned by environmental group Environmental Defense...

https://www.freightwaves.com/news/can-intermodal-rail-increase-its-market-share-by-25-by-2030

Investment firm ITE acquires majority stake in chassis lessor, Trend

Investment firm ITE Management announced Tuesday it has acquired a majority stake in Trend Intermodal Chassis Leasing.

Based in Kearny, New Jersey, Trend leases a portfolio of chassis and gensets to intermodal trucking companies in the Northeast as well as other primary intermodal markets. Trend is a term lease provider of assets compared to most providers that operate in a chassis pool configuration.

Financial terms of the transaction were not provided.

“Trend is synonymous in the chassis market...

https://www.freightwaves.com/news/investment-firm-ite-acquires-majority-stake-in-chassis-lessor-trend

Check Call: It’s all coming together

Welcome to Check Call, our corner of the internet for all things 3PL, freight broker and supply chain. Check Call the podcast comes out every Tuesday at 12:30 p.m. EST. Catch up on previous episodes here. If this was forwarded to you, sign up for Check Call the newsletter here.

(Gif: Tenor) 

Better together is a phrase that didn’t die in the pandemic as BNSF Railway, Grupo México Transportes (GMXT) and J.B. Hunt Services have taken the phrase literally. These three companies are working...

https://www.freightwaves.com/news/check-call-its-all-coming-together

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