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Intermodal Freight Volumes Remain Strong, Contributing to Strong 3Q Railroad Profits

The intermodal business is making a solid contribution to third-quarter rail profits, as volumes remain strong through the fall peak season for domestic freight, industry officials said.

October 25, 2010

Hub Group’s Third-Quarter Earnings Grow

Logistics and intermodal firm Hub Group’s third-quarter profit jumped 28.3% to $12.6 million, or 34 cents a share, from $9.8 million, or 26 cents, a year ago.

October 20, 2010

Forward Air Reports Higher 3Q Income

Forward Air Corp. said late Wednesday its third-quarter net income rose to $8.9 million, or 31 cents per share, from $3.8 million, or 13 cents, a year ago.

October 20, 2010

Weekly Intermodal Traffic Improves

Intermodal traffic rose 13.1% compared with last year in the week ended Saturday, the Association of American Railroads said.

October 15, 2010

Greatwide Expands Its Operations Center for Dedicated Carriage, New Software

Greatwide Logistics Services said Oct. 7 it has substantially increased the operations capacity and capabilities of its transportation operations center by implementing new software programs.

October 15, 2010

Drayage Carriers Press for Chassis Details

Drayage carriers said they are pressing ocean cargo lines for more details about plans to make truckers responsible for supplying intermodal chassis.

October 17, 2010

Return of Seasonal Shipping Peak Brightens Fleets’ Holiday Outlook

Truckers and other carriers are reporting a seasonal pickup in freight volumes this fall that is in sharp contrast to 2009, when the recession ravaged cargo volumes, experts said.

October 17, 2010

CSX’s Third-Quarter Income Jumps 43%

CSX Corp. said its third-quarter profit jumped 43% as shipments improved.

October 13, 2010

September Intermodal Traffic Rises 17.3%

Intermodal traffic rose 17.3% in September from a year ago, the Association of American Railroads said.

October 12, 2010