Capacity Crunch, Not Demand, Drives Spot Rates to $3.53/Mile
JB Hunt and Knight-Swift beat Q2 earnings on double-digit contract rate gains and 15.44% tender rejections as regulatory barriers keep new carriers out and…
#Intermodal
35 posts tagged with this topic.
Rail Volume Up 2% to 6%, Intermodal Gains Drive Truck-to-Rail Shift
Four Class 1 railroads raised guidance after Q2 earnings showed broad-based volume growth. Union Pacific domestic intermodal set a fourth straight quarterly…
Tender Lead Times Hit 3.74 Days, Up Six Years Running
Shippers are booking trucks further in advance even when capacity is loose. That's changing how freight moves and who gets it.
Why AI logistics software fails: bad container data, not bad models
Gnosis Freight CRO says most AI pilots in supply chain fall apart in production because shippers skip the data foundation and go straight to the model. One…
Freight Rates Hit Record High in May Despite Soft Demand
FTR's Trucking Conditions Index surged to an all-time high in May, driven by tight capacity and fuel cost recovery, not volume growth.
Drayage Operators Turn to Automation as Margins Shrink and Congestion Persists
FreightWaves and CargoWise survey finds manual dispatch no longer sustainable under driver shortages and terminal delays.
Schneider Names New Truckload, Intermodal Chiefs as Filter Takes CEO Role
Green Bay carrier promotes from within as Mark Rourke moves to executive chairman. Steve Wells, who ran Cowan Systems, now leads the $2.5B truckload unit.
M&A Multiples Jump 321% as Buyers Chase Tech, Not Truckload Scale
Average transportation deal size has more than tripled since 2023. Buyers are paying premiums for AI automation and scarce border infrastructure, not…
Intermodal Volume Up 10.9% as Truckload Rates Push Freight to Rail
Domestic intermodal jumped 10.9% in the week ending June 13 as rising truckload rates and trans-Pacific frontloading drive the biggest rail-truck modal shift…
LA Port Forecasts 9.3M TEUs, Down 7%, as China Share Drops to 40%
Port of Los Angeles approved a $3.4 billion budget for fiscal 2026-2027 while projecting container volumes will fall 7% to 9.3 million TEUs as China's share of…
Hub Group CFO and COO Exit Ahead of September Earnings Refilings
Two longtime executives left leadership roles as the intermodal carrier works to correct accounting errors that will force it to refile multiple earnings…
Average Load Length Drops 21% Since 2024 as Intermodal Takes Long Haul
Outbound haul length fell from 607 miles to just above 500 miles in two years. Rail intermodal is winning transcontinental freight while short regional moves…