Snapshot: How battered railroad CSX thinks about... trucking upside into 2025
Making sense of it, just wait and see
To set the mood for the opening of earnings season in transport and logistics stateside, the conference call with JB Hunt management didn’t produce any particularly good vibes, but rather pointed to a transition period for the $17bn-market-cap trucking and intermodal player.
Nonetheless…
Some worthy nuggets* deserve a mention – concerning bad debt claims, in particular, in my view – alongside its solid financial delivery at group level. Talking of which, the highlights contained in the snapshot below should be helpful…
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US port dispute: 'the carriers and USMX are going to lose this battle'
Rates update, week 51: GRIs boost prices, with more to come in January
The US Line: My feud with Flexport CEO Ryan Petersen
Recent lay-offs in logistics could well be 'a harbinger of headwinds'
Yang Ming to order 13 newbuild box ships for fleet renewal and new markets
Two winners from the Red Sea crisis: the shipping lines and Houthis
‘Customers should be customers of each of our business lines’, says Geodis chief
Happy last year in air freight (for some) – and good luck with the next
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