US intermodal picking up steam as trucking woes continue
After a long trough of sluggish performance, US intermodal traffic is growing, and the market ...
If you joined the JB Hunt Q3 23 call with the analysts after the market closed on Tuesday, you may well have thought for a moment we were still in peak Covid times.
In his prepared remarks, CEO John Roberts stressed that he “was pleased to see the progress in our intermodal segment” – the firm’s core division – “relative to the market in our results”, as JB Hunt gains market share there.
Intermodal Q3 23 sales at almost $1.6bn were down -15% on ...
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