Freight shipments and expenditures declined on a year-over-year basis again in September according to the latest Cass Freight Index Report. The firm now believes that the index is “signaling an economic contraction.”
Now Goldman thinks that ISM data won’t turn positive until Q2 2020.
Carloads on the railroads remained under water in the first week of the fourth quarter 2019. Intermodal weakness will be in the spotlight as third quarter earnings season approaches.
Third quarter 2019 is likely to see another step down in earnings expectations for the year. Equity analysts have been busy lowering estimates on many publicly traded transportation companies.
A round at this valuation puts Convoy one step closer to an IPO.
The outlook from JBHT was notably better than the concern around the lack of an uptick in seasonal demand that many carriers expressed at multiple investor conferences in May and June.
New categories to be added to types of crashes deemed “not preventable.”
This morning (July 8) Morgan Stanley’s transports equities analysts cut their 12-month price targets for most of the companies they cover, but said that following the release of second quarter earnings it may be time to invest in the cyclical stocks again. The analyst team, led by Ravi Shanker, expects second quarter results for transportation […]
Maximum limit would be required for new and existing trucks weighing over 26,000 lbs.
2019 is shaping up to be the worst year for trucking in the past five years.
Input from transportation partners shaped food giant’s distribution centers, with the aim of keeping drivers there are little as possible.
The Trucking Alliance urges action on federal hair-testing guidelines
A five-month drought in Panama has reduced freight carrying capacity of the country’s canal of ocean carriers by nearly one-fifth. It’s also giving an unseasonal boost to shipping rates for U.S. East Coast-bound cargo. Starting next week, the Panama Canal Authority will reduce the maximum allowable draft for the largest of ships that use the […]
The Plug and Play tech center is opening a new supply chain and logistics accelerator program in Bentonville, Arkansas, the center announced on May 14. The program will bring startups from around the world to a region that is home to the program’s three founding partners – J.B. Hunt, Tyson and Walmart – along with […]
J.B. Hunt is transforming into a truly mode-agnostic capacity provider.
