JB Hunt Transport Services Inc
Will Rise in Crude Oil Benefit US Truckload Carriers in 2018?
The average US on-highway diesel prices in 3Q17 have risen 20% compared to the same quarter last year.
How Analysts Feel about United Parcel Service Post-2Q16
In this article, we’ll discuss what analysts are expecting for United Parcel Service (UPS) following its 2Q16 results.
Canadian National Railway: Growth Undeterred by Coal’s Fall in Week 23
In contrast to the industry’s trend, CNI’s coal carloads contracted 20% in week 23 of 2017.
Canadian Pacific: Domestic Intermodal Growth Matters
In the week ended April 1, 2017, Canadian Pacific reported a 6.3% rise in overall intermodal traffic.
Why Old Dominion Freight Line Commands a Valuation Premium
Old Dominion announced a rise of 2.0% LTL tons in January and 3.2% in February. During the same months, its LTL shipments per day rose by over 6%.
UPS’s Second-Largest Segment: International Package Segment
United Parcel Service’s international package segment includes small package operations in Europe, Asia-Pacific, Canada, Latin America, the Indian subcontinent, the Middle East, and Africa.
Why Did Norfolk Southern’s Intermodal Volumes Rise?
Norfolk Southern’s intermodal volumes Norfolk Southern’s (NSC) total intermodal traffic rose 6.9% in the week ended January 28, 2017. Volumes in the reported week reached above 76,000 containers and trailers, compared with nearly 72,000 in the week ended January 30, 2016. NSC’s container traffic rose 6%, from ~65,000 units in the week ended January 30, […]
Why Did FedEx Switch to Mark-to-Market Pension Accounting?
FedEx suffered a loss of $895.0 million in connection with the shift to new pension accounting in 2015.
How Truckload Carriers Have Returned Cash to Investors in 2Q17
J.B. Hunt Transport Services (JBHT) raised its share repurchases by $80.0 million in 1H17 compared with 2Q16.
FedEx Delivers Strong Fourth-Quarter Earnings
FedEx (FDX) announced its fourth-quarter earnings after the market closed on June 19. FedEx surpassed analysts’ adjusted EPS estimate by 3.6%.
Did BNSF’s Intermodal Volumes Shrink Too Much?
BNSF Railway’s (BRK-B) total intermodal traffic for the week ended June 4, 2016, was down by 14.8%.
Is NSC’s Intermodal Volume Growth Keeping Pace with Peers?
Norfolk Southern’s (NSC) total intermodal traffic rose 2.4% in the week ended March 11, 2017.
Did Kansas City Southern Overreact to Trump’s Success?
Eastern US railroad stocks (NSC) (CSX) celebrated Trump’s prospective entry into the White House. Why did the smallest Class I railroad stock catch a cold?
How Is CSX’s Intermodal Traffic Looking as of July 23?
CSX’s total intermodal traffic fell by 6.03%, from ~56,000 units in the week ended July 25, 2015, to ~53,000 units in the week ended July 23, 2016.
What the Direction of October’s Truck Tonnage Index Indicates
In this article, we’ll look at the direction of the Truck Tonnage Index (or TTI) in October 2016.
Which US Trucking Carrier Has the Best Operating Cash Flow?
Operating cash flow is a vital parameter for judging the health of a transportation company because it points to efficiency in operating assets and liabilities.
BNSF Railway’s Intermodal Volumes Matter
In the eighth week of 2017, BNSF’s overall intermodal traffic rose slightly by 0.8% YoY to ~100,000 containers and trailers.
Canadian Pacific versus Canadian National: A Key Intermodal Comparison
Canadian Pacific’s (CP) intermodal volumes have been on roll for the past few weeks. It reported a 3.6% YoY rise for the week ended February 4.
In the 13th Week of 2017, BNSF Railway Moved More Trailers Than UNP
In the 13th week of 2017, BNSF Railway (BRK-B) recorded a 17.6% rise in its overall intermodal traffic on a year-over-year basis.
Norfolk Southern’s Intermodal Volumes in Focus
Norfolk Southern’s (NSC) total intermodal traffic rose slightly by 2.9% in the week ended August 27, 2016.
Why Norfolk Southern’s Intermodal Volumes Slumped in the First Week of 2017
NSC’s total intermodal traffic fell 13.4% in the first week of 2017. Volumes reached ~60,000 containers and trailers, as compared to ~70,000 one year ago.
How Did BNSF’s Intermodal Volumes Compare with the US Railroads?
The total traffic for BNSF Railway’s (BRK-B) Intermodal segment for the week ended November 5, 2016, was up 3.2%.
Norfolk Southern: Chasing Its Intermodal Volumes in Week 13 of 2017
NSC’s rise in trailer volumes appears to mark the end of its hardship due to its restructuring of TCS (Triple Crown Services), its underperforming subsidiary.
BNSF Railway’s Intermodal: Your Industry Comparison
In the fifth week of 2017, BNSF Railway’s (BRK-B) container traffic rose 6.2% YoY.
Trends behind Genesee & Wyoming’s European Carloads in August 2017
Genesee & Wyoming saw its coal (ARLP) and coke railcars fall 63% in August 2017.
Who Are Old Dominion’s Biggest LTL Competitors Today?
Old Dominion’s peer group includes LTL companies that compete in the national and regional marketplace. The company also competes with some US railroads.
How CSX’s Intermodal Volumes Compared in Week 13 of 2017
In the week ended April 1, 2017, CSX’s total intermodal traffic increased to 9.5%.
What Infrastructure Spending Cuts Mean for Freight Companies
On March 26, 2017, Donald Trump proposed a 13% cut in federal funding for transportation in the 2018 budget.
Must-know: Chilton initiates a new position in Now Inc.
Now’s U.S. revenues fell due to the company’s central U.S. pipe yard relocation, reduced project revenues, and the implementation of a new quoting system.
What sets J.B. Hunt apart from its competitors?
In this part of the series, we’ll discuss what sets J.B. Hunt (JBHT) apart from its competitors. The company has more than 40 years of experience.
Q2 Earnings Were a Mixed Bag for J.B. Hunt
J.B. Hunt reported mixed Q2 earnings, as its revenues grew YoY but earnings declined.
Union Pacific Stock Rose Due to Upbeat Q1 Earnings
Union Pacific (UNP) stock was trading ~3% higher during the pre-market trading session on April 18.
J.B. Hunt Stock Plunged ~5% after Q1 Earnings Missed Estimates
J.B. Hunt plunged ~5% in the extended trading session on April 15 after the company reported lower-than-expected first-quarter 2019 results.
Higher Freight Rates to Drive J.B. Hunt’s First-Quarter Earnings
J.B. Hunt Transport Services (JBHT) is expected to report its first-quarter earnings results on April 15.
Union Pacific Gains ~4% after Q4 Earnings Beat Estimates
Union Pacific (UNP) stock was trading ~4% higher during the pre-market trading session today after the company reported better-than-expected results for the fourth quarter of 2018.
Ryder System Missed Earnings but Beat Revenues, Stock Down 7%
Today, Ryder System (R) released its Q3 2018 earnings before the opening bell. Ryder’s Q3 adjusted EPS jumped 23.3% year-over-year.
Werner Enterprises Beat Q3 Estimates, Stock Fell 2.9%
Werner Enterprises announced its third-quarter results on October 18 and beat analysts’ adjusted EPS estimate of $0.59 by 7.3%.
Canadian Pacific Railway Reports Solid Third Quarter, Stock Down 3%
On October 18, Canadian Pacific Railway (CP) announced its third-quarter earnings, reporting adjusted EPS of 4.12 Canadian dollars.
J.B. Hunt: Truckload Segment’s Third-Quarter Revenues
The Truck segment’s revenues expanded 14% in the third quarter to $106.0 million from $93.0 million in the third quarter of 2017.
J.B. Hunt’s Intermodal Revenues Grew in the Third Quarter
In the third quarter, the Intermodal segment’s revenues were $1.22 billion—up 16% compared to $1.05 billion in the third quarter of 2017.
A Look at FedEx’s Capital Expenditure in Q1 2019
FedEx (FDX) incurred capital expenditure of $1.17 billion in the first quarter compared to $1.0 billion in the comparable period of fiscal 2018.
Driver Shortage for Truckload Carriers and Q2 Employee Costs
The LTL (less-than-truckload) companies were nearly immune to the acute driver shortage faced by the US trucking industry until 2017.
How Major US Road Transporter Stocks Fared in 2018
In 2017, trucks hauled 10.8 billion tons of freight, representing 70.2% of all the domestic freight tonnage in the United States.
Expeditors International Beat Q2 Estimates, Stock Zigzags
Expeditors International of Washington (EXPD) beat analysts’ adjusted EPS estimate of $0.78 by $0.01 for the second quarter.
EXPD’s Second-Quarter Earnings Beat Estimates, Stock Zigzags
Expeditors International of Washington (EXPD) reported its Q2 earnings on August 7. Adjusted EPS was $0.79, beating the $0.78 estimate.
How XPO Logistics Stock Is Trending ahead of Q2 Earnings
XPO Logistics (XPO) is set to announce its Q2 earnings on August 1 after the market closes. On July 26, XPO stock closed at $99.26.
J.B. Hunt Transport’s ICS Segment’s Revenue Growth
J.B. Hunt Transport Services’ (JBHT) ICS (Integrated Capacity Solutions) segment reported blockbuster growth in the second quarter.
Labor Issues Impact CP Railway’s Q2 Earnings, but Stock Up 1.7%
Canada’s number two rail freight carrier, Canadian Pacific Railway, announced its second-quarter earnings on July 18 after the market closed.
C.H. Robinson’s North American Surface Transport Segment
C.H. Robinson Worldwide’s (CHRW) NAST (North American Surface Transport) segment provides truckload, LTL (less-than-truckload), and intermodal freight transportation services across North America.
C.H. Robinson: Solid Business Growth through Acquisitions
C.H. Robinson Worldwide (CHRW) went public in 1997. Soon after, the company went on an acquisition spree to further its business interests in new geographies.
How Have Major US Truckload Carrier Stocks Trended in 2018?
The US truckload segment is highly fragmented. The segment is expected to witness a lot of merger and acquisitions in upcoming quarters.
Expeditors International’s Blockbuster 1Q18 Sends Stock up 8%
The United States’ premier road transportation (JBHT) company, Expeditors International of Washington (EXPD), announced its 1Q18 earnings today.
XPO Beat 1Q18 Estimates, but Higher Operating Costs Hurt Stock
XPO Logistics reported adjusted EPS (earnings per share) of $0.61, which surpassed analysts’ estimate of $0.51.
Union Pacific to Miss 2019 Operating Margin Target, Stock Dives
The United States’ number-one rail freight carrier, Union Pacific, announced its 1Q18 earnings today.
How GWR’s North American Carloads Trended in February
In February 2018, Genesee & Wyoming’s (GWR) North American carloads expanded 0.3% YoY (year-over-year) on a reported basis.
What Happened to Werner Enterprises’ Operating Margins in 4Q17?
Werner Enterprise earned an operating income of $45.1 million in 4Q17, a rise of 29% compared to its operating income of $35.0 million in 4Q16.
Did Werner Enterprises Surpass Analysts’ Estimates in 4Q17?
In 4Q17, Werner Enterprises (WERN) reported revenue of $567.4 million. The company beat Thomson Reuters–surveyed analysts’ consensus revenue estimate of $553.8 million by 2.4%.
What Sank CSX’s Intermodal Revenues in 4Q17?
CSX’s (CSX) intermodal revenues shrank 1.3% to $471.0 million in 4Q17, down from $477.0 million in the fourth quarter of 2016.
How the Electronic Logging Device Mandate Could Affect Truckers
Commercial vehicle drivers are required to install ELDs (electronic logging devices) in their vehicles by December 18, 2017.
Tracking the Truck Tonnage Index of US Truckload Carriers
The ATA’s advanced seasonally adjusted index of for-hire trucks rose 3.3% to 147.6 in October 2017 on a sequential basis, from 142.9 in the previous month.
Leverage Position of US Truckload Carriers after 3Q17
Ryder System (R) has a forward EBITDA of ~$1.8 billion against a total debt of ~$5.3 billion.
US Truckload Carriers: Accelerating into 2018
Trucks currently haul ~70% of all merchandise shipped in the United States. Volumes are expected to reach ~10.7 billion tons in 2017 with $719 billion in revenues.
GWR’s European Freight Volumes Fell in September 2017
Genesee & Wyoming’s intermodal volumes fell by more than 2,300 carloads or ~3% in September this year due to reduced volumes in Continental Europe.
Gauging FedEx’s Capital Expenditure in Fiscal 2018
FedEx plans for a ~$5.9 billion capital expenditure or capex in fiscal 2018. In fiscal 2017, it spent ~$5.1 billion on capex, accounting for 8.5% of total revenues.
Why Investors Should Watch the Truck Tonnage Index
ATA’s advanced seasonally adjusted For-Hire Truck Tonnage Index rose 0.1% in July after falling 4.4% in June 2017.
A Look at Truckload Carriers’ Capex in 2Q17
Swift Transportation (SWFT) has the lowest capex-to-revenues ratio. In 2Q17, this ratio was 4.4% compared with 3.5% in 2Q16.
Will the Rise in Crude Oil Benefit US-Based Truckload Carriers?
Among the discussed companies, Heartland Express’s (HTLD) fuel cost as a percentage of operating expenses has risen 1.8% in 2Q17 to 19.7%.
How the Driver Shortage Impacts Truckload Carriers’ Employee Costs
The International Brotherhood of Teamsters, a major labor organization in the US, has been fighting against the implementation of legislation on autonomous trucks in the US.
Which Truckload Carriers Saw the Best Operating Margins in 2Q17?
Heartland Express’s operating margin grew 1.2% to 16.4% in 2Q17 compared to 15.2% in 2Q16.
Which Truckload Carriers Left Their Peers behind in 2Q17 Revenue Growth?
Landstar Systems’ (LSTR) 2Q17 revenues rose 12.3% on a year-over-year basis.
Why EXPD’s Operating Margins Declined in 2Q17
While EXPD’s revenues grew 13.4% in 2Q17, its operating expenses rose 16%.
Norfolk Southern: International Pushed Intermodal Revenues in 2Q17
NSC’s Intermodal segment’s revenues rose 10% to $593.0 million from $538.0 million in 2Q16.
Why CSX’s Intermodal Revenues Rose in 2Q17
In this section, we’ll review the performance of CSX’s (CSX) intermodal segment in 2Q17.
BNSF Railway’s Intermodal versus UNP’s
BNSF Railway’s total intermodal volumes (containers and trailers) rose 8.3% in the week ended July 8, 2017. BNSF moved ~86,000 intermodal units that week.
Why CSX’s Intermodal Volumes Rose in Week 27
CSX’s (CSX) intermodal traffic registered a 3.7% YoY (year-over-year) gain in the week ended July 8, 2017.
Inside Norfolk Southern Trailers and Containers in Week 27
NSC overall intermodal volumes declined 0.3% YoY in the week ended July 8, 2017, moving over 64,000 containers and trailers for the period.
What Happened to CSX’s Trailers and Containers in Week 26
For the week ended July 1, 2017, CSX (CSX) registered a ~6% rise in overall intermodal traffic.
What Happened to Norfolk Southern’s Intermodal Traffic in Week 26?
In the 26th week of 2017, Norfolk Southern (NSC) saw its overall intermodal volumes expressed containers and trailers grow 8.9%.
CSX’s Containers Rose, Trailers Fell in Week 25
CSX Corporation (CSX) reported a 4.8% rise in intermodal volumes in the week ended June 24, 2017.
Major Trucking Companies’ Stock Movement during the Last Year
Trucking companies’ fuel surcharge revenues are directly tied to fuel prices. With the momentum in fuel prices, surcharge revenues are expected to pick up.
Comparing CSX’s Week 24 Intermodal Growth with the Industry’s
CSX Corporation’s (CSX) intermodal volumes trended in contrast with other freight volumes in week 24. In the week, the company’s intermodal volumes rose 2.1%.
Higher Package Yield Drove FedEx’s Express Segment’s Revenue
In fiscal 4Q17, FedEx’s (FDX) Express segment’s total revenue was $7.1 billion, compared to $6.7 billion in fiscal 4Q16, a year-over-year (or YoY) rise of 6.9%.
Comparing CSX’s Intermodal Volumes with NSC in Week 23
In the week ended June 10, 2017, CSX’s (CSX) intermodal volumes rose 3.9%.
Inside CSX’s Intermodal Traffic in Week 19
In recent weeks, CSX Corporation’s (CSX) intermodal traffic has been almost flat. In the week ended May 13, 2017, its intermodal volumes rose 2.8%.
How Norfolk’s Intermodal Volumes Compared to CSX’s in Week 19
Norfolk Southern’s (NSC) total intermodal traffic rose 8% in the week ended May 13, 2017. Its volumes reached ~72,000 containers.
Comparing BNSF’s Intermodal Rise with UNP’s in Week 19
In the 19th week of 2017, BNSF Railway’s (BRK-B) overall intermodal traffic rose 6.3% YoY (year-over-year) to ~101,000 containers and trailers.
BNSF Railway: How Its Intermodal Fared in Week 18
In the 18th week of 2017, BNSF Railway’s (BRK-B) overall intermodal traffic rose 1.4% year-over-year to ~97,600 containers and trailers, compared with 96,300 containers in the corresponding week of 2016.
Norfolk Southern: Inside Its Intermodal Growth in Week 18
Norfolk Southern’s (NSC) total intermodal traffic rose 4.3% in the week ended May 6, 2017. Its volumes reached ~78,000 containers.
CSX: Comparing Its Intermodal Traffic with the Industry in Week 18
In recent weeks, CSX’s (CSX) intermodal traffic has been almost flat. In the week ended May 6, 2017, its intermodal volumes fell 2%.
How BNSF Railway’s Intermodal Volumes Compare
BNSF Railway’s intermodal volumes In the 17th week of 2017, BNSF Railway’s (BRK-B) overall intermodal traffic rose 6.7% YoY (year-over-year) to ~102,000 containers and trailers, compared with 95,000 containers in the corresponding week of 2016. The company’s container volumes rose 7.1% to ~91,000 containers. BNSF’s trailer volumes rose 3.4% YoY to ~10,000 trailers. The rise […]
Comparing Norfolk Southern’s Intermodal Traffic with CSX’s
Norfolk Southern’s intermodal traffic Norfolk Southern’s (NSC) total intermodal traffic rose 6.5% in the week ended April 29, 2017. Its volumes reached ~78,000 containers. Norfolk’s container traffic rose 5.6%, and its trailer traffic rose 15.6% YoY (year-over-year) to nearly 6,900 units, compared with 5,900 units in the week ended April 30, 2016. Since the beginning of […]
CSX: Despite a Trailer Slump, Intermodal Volumes Rose in Week 17
CSX’s intermodal volumes In recent weeks, CSX’s (CSX) intermodal traffic has been almost flat. In the week ended April 29, 2017, its intermodal volumes rose 3%. Overall intermodal volumes reached 54,000, compared with 53,000 units in the week ended April 30, 2016. Trailer volumes stood at 1,900 units, 5.4% lower than last year. In the […]
Canadian National Railway’s Intermodal Traffic Surged in Week 16
In the week ended April 22, 2017, the 16th week of 2017, Canadian National Railway’s (CNI) overall intermodal volumes rose 10.4%. There was no trailer movement in the week.
Behind Norfolk Southern’s Intermodal Traffic Rise in Week 16
Norfolk Southern’s (NSC) total intermodal traffic rose a marginal 1.2% in the week ended April 22, 2017. Its volumes reached more than 74,000 containers.
Unpacking BNSF Railway’s Intermodal Traffic in Week 16
In the 16th week of 2017, BNSF Railway’s (BRK-B) overall intermodal traffic fell 4% YoY (year-over-year) to more than 93,000 containers and trailers.
Did CSX’s Intermodal Volumes Align with the Industry’s Last Week?
In recent weeks, CSX Corporation’s (CSX) intermodal traffic was almost flat. In the week ended April 22, 2017, its intermodal volumes fell 2.3%.
Canadian National Railway: Behind the Intermodal Volumes in Week 15
In the week ended April 15, 2017, Canadian National Railway’s (CNI) overall intermodal volumes rose 9.4%. There was no trailer movement that week.
CSX’s Intermodal Traffic Compared to the Industry in Week 15
In recent weeks, CSX’s (CSX) intermodal traffic was almost flat. In the week ended April 15, 2017, its intermodal volumes fell 0.20%.
Norfolk Southern: Trailers Rise by Double Digits in Week 15
Norfolk Southern’s (NSC) total intermodal traffic rose to 6.5% in the week ended April 15, 2017. Its volumes reached more than 69,500 containers.
BNSF Railway: How Intermodal Volumes Compared in Week 15
In the 15th week of 2017, BNSF Railway’s (BRK-B) overall intermodal traffic rose 5.1% YoY to more than 100,000 containers and trailers.