In recent days, multiple research firms including Susquehanna, Benchmark, Goldman Sachs, Citi, and BofA Securities have ...
Hub Group bought the intermodal division of Marten Transport for $51.8 million in cash, the companies said. The deal, which Hub Group expects to more than double the size of its temperature-controlled ...
Major U.S. ports and their stakeholders warned federal regulators that the proposed rail merger of Union Pacific and Norfolk Southern could hurt their competitive standing and the larger economy ...
While the end-to-end nature of Union Pacific-Norfolk Southern merger limits the amount of redundant trackage or facilities, ...
Norfolk Southern next week will shift its Chicago-New England intermodal trains to a faster CSX trackage-rights route east of ...
The domestic intermodal industry has long been plagued by an inability to accurately track and report, in a timely manner, the status of a container in transit. Historically, that’s put intermodal at ...
Goldman Sachs analyst Jordan Alliger reiterated the Buy rating on J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT). The analyst’s take on J.B. Hunt suggests a positive outlook. The company showed a 5% ...
J.B. Hunt Transport Services and BNSF Railway have teamed up to launch Quantum, an intermodal service designed to meet the service-sensitive highway freight needs of customer supply chains. Quantum ...
Rail carloads, at 192,665, were off 2.8% annually, and intermodal containers and trailers, at 211,628 units, fell 5.1% ...
Intermodal freight transportation is booming, but port congestion and problems getting enough containers and chassis to the right place at the right time are snarling logistics for many companies.
Total U.S. rail traffic for the week ending Jan. 4, 2024 (Week 1) was up 1.0% from the prior-year period, with intermodal gains offsetting carload losses, according to the Association of American ...