Here are numbers you should tell the CSCO: JB Hunt from Q1
- Intermodal: Volume down 3%. Income per load up 10.5%
- Brokerage: Revenue per load up 58%. This is remarkable given contracts are 49% of the volume and only 35% of the revenue. Great profit for being non-asset
- Truckload: Loads up 6% with a 38% increase in revenue per load. Empty miles dropped to 16%
- Dedicated continues to slay shippers: Revenue/truck up 5%
Cass tells us per-mile truckload costs rose in February at the fastest pace in more than two years.
Knight-Swift Transportation joined a growing array of trucking companies raising driver pay.
Here is something you should tell your head of IT: You need AutoO2: optimized load design to get more stuff on each load. This is one of the few levers you have to cut costs. Call me now 615 791-0865.