Which Intermodal Firms Are on Track to Outperform?
Competition from trucking won't derail the industry.
Matthew Young, CFA: Intermodal marketing companies are fresh off an unusually robust growth year in 2018, when they enjoyed significant tailwinds from the unprecedented capacity crunch in the competing truckload shipping sector.
Recall the major IMCs use the Class I railroads for the underlying line-haul movement of their containers, and they originate the vast majority of intermodal freight directly from shippers. The major providers include industry leader JB Hunt, along with Hub Group, Schneider National, and XPO Logistics.
Matthew Young does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.