J B Hunt + Addressing rail issues

JB Hunt quarterly report: Intermodal (JBI) revenue grew 36%, driven by a 28% increase in revenue per load and complimented by a 7% increase in load volume. Truckload (JBT) and Integrated Capacity Solutions™ (ICS) — aka brokerage — grew revenue by 77% and 29% year-over-year, respectively. “Rail network velocity continued to govern our ability to […]

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Are carrier costs really softening?

Several sources have commented that spot truckload rates have leveled off or have even declined. This may be true, but savings are being masked by fuel surcharges running 65 cents per mile (dry van) — up 19 cents from February and 33 cents more than March 2021. Companies renegotiating annual contracts are certainly not feeling […]

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T|WO is helping refugees

I’m proud of the team. Rafal, who lives 50 miles from the Ukrainian border, set up a table next to the crossing and gave away toys to children coming across the border. Members of the T|WO team sent money to support Rafal with these gestures of kindness.  FedEx Corp.’s revenue rose 10% in the fiscal third quarter, […]

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