Schneider National

Intermodal volumes will take months to improve, panel predicts

A photograph of four intermodal containers.

Intermodal volumes could start to improve around the fourth quarter of 2020 or the first quarter of 2021, but uncertainty surrounding the coronavirus pandemic makes any volume forecast dicey, said a trio of panelists at Wolfe Research’s Global Transportation and Industrials conference on Tuesday.

“You have some really big factors that aren’t normal items,” and it’s not just an economic issue but a biological one, said Jim Filter, Schneider National (NYSE: SNDR) senior vice president and general...

https://s29755.pcdn.co/news/intermodal-volumes-will-take-months-to-improve-panel-predicts

Investor conference highlights trucking headwinds, tailwinds as economic restart looms

unidentified rig on highway

The outlook from management teams of several truckload (TL) and transportation companies participating virtually in the Bank of America Transportation and Industrials Conference this week hasn’t changed dramatically from their earnings reports a couple of weeks ago. However, sentiment is improving slightly as more of the economy is poised to come back online.

Thoughts on the overall market

John Kuhlow, interim CFO at J.B. Hunt Transport Services (NASDAQ: JBHT), said some “uncertainty remains,”...

https://www.freightwaves.com/news/investor-conference-highlights-trucking-headwinds-tailwinds-as-economic-restart-looms

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