Revenue up 8% – income down 1%… but this breaks down to:
What we know… dedicated is profitable. A portion of revenue increases comes from pricing.
I hear from clients that intermodal can cost more than a truck more often than before. JBH -Intermodal load volume fell 7% from a year earlier and, according to them, was caused by:
- Not as many imports
- Weather/rail disruptions in the Midwest
- Higher salaries and technology costs