J.B. Hunt to Expand Container Count

Freight transportation provider J.B. Hunt Transport Services (J.B. Hunt) has announced a new vessel service agreement that will increase its container count and “boost capacity for its customers.” Two new container ships

Commentary

Counting on Rail Congestion as a Rail Equipment Demand Driver is Not a Sustainable Long-Term Strategy

Our July 12 rail equipment expert call takeaways are consistent with J.B. Hunt Transport’s (JBHT) recent comments on about sub-optimal 2Q22 rail service (below). This solidifies our expectation of an eighth consecutive lease rate improvement for GATX, which reports on July 21. We continue to favor the shares into the print as detailed in our July 7 machinery and transportation OEM preview, “Revisions Into the Print.”

Intermodal Briefs: IANA, Port of Los Angeles, J.B. Hunt

The Intermodal Association of North America (IANA) announces winners of its three industry awards. Also, the Port of Los Angeles sets new June cargo record and J.B. Hunt Transport Services Inc. (J.B.

UP, CSX Earn Spots on ‘World’s Most Admired Companies’ List (Updated)

Union Pacific (UP) and CSX have been named to Fortune magazine’s “World’s Most Admired Companies” list for 2022.