‘Freight recession’ snares J.B. Hunt in Q1
J.B. Hunt missed first-quarter expectations Monday as weak intermodal and trucking trends plagued the quarter.
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J.B. Hunt missed first-quarter expectations Monday as weak intermodal and trucking trends plagued the quarter.
J.B. Hunt Transport Services missed analyst expectations for the first quarter on Monday.
Delta Air Lines made less money from cargo during the first quarter than a year ago — or any quarter in between. Similar results are expected when other airlines report results.
Volvo posted unexpectedly strong preliminary sales and earnings in Q1, reversing a dour projection made just months ago. (Photo: Volvo Group)
First-quarter numbers from container lines Cosco, OOCL and Evergreen show lingering upside from the tail end of the boom.
Rail car manufacturer Greenbrier posted gains in its second fiscal quarter net income amid revenue increases for its manufacturing, maintenance and leasing business segments.
The trend in container shipping is summed up by the adage, “The higher you climb, the further you have to fall.”
Rail car manufacturer FreightCar America is eyeing opportunities to manufacture tank cars that would carry nonflammable materials should its competitors be busy manufacturing DOT-117 tank cars.
Radiant Logistics said Monday it has completed a financial restatement process that resulted in very minor changes.
The deal to sell itself to Knight-Swift ends a struggle at U.S. Xpress that lasted several years and included the failed Variant initiative.