Several companies operate intermodal trucking services, including the Werner Corporation, XPO Logistics, Knight-Swift Corporation, and Holland Enterprises. You might be wondering what these companies are and how you can get involved with them.
Hub Group
Founded in 1971 by Philip Yeager, Hub Group is an intermodal trucking company that offers a variety of logistics solutions. It operates in North America. It offers flatbed truck brokerage services, as well as driver staffing management.
Initially, Hub Group was an intermodal trucking company, but soon it started diversifying into focused operating divisions. Its principal divisions are freight consolidation, intermodal shipping, highway brokerage, logistics, and supply chain solutions.
Hub Group offers its drivers industry-leading security and reporting. It has a Carrier Rewards Program that allows carriers to focus on their businesses. This program offers pre-negotiated fuel discounts, industry-leading security, and year round service. It also offers multimodal solutions within a tactical network.
Hub Group has a long history of forming relationships with major railroads. In the mid-1990s, the company implemented a computer network that tracked rail containers and lowered the time it took to get rail containers loaded and unloaded between loads. It also used an electronic data interchange system that provided instant access to billing information.
Hub Group’s logistics division also offers a wide range of warehousing and fulfillment services. The company also offers cross-dock services and final mile delivery.
Hub Group has also made several recent acquisitions. In 2007, it acquired Preston, MD-based Choptank Transport for $130 million in cash. This acquisition added refrigerated and frozen transportation expertise. The company also acquired CaseStack in 2018. This acquisition added consolidation and warehousing services.
Hub Group plans to invest about $165 million to $175 million in capital expenditures in fiscal year 2021. These investments are expected to support growth in dedicated fleets and strategic customers.
Its logistics business brought in about $900 million in LTM revenues. Hub Group also has the largest container fleet in the industry.
XPO
XPO, an intermodal trucking company, announced earlier this month plans to sell its North American intermodal operation to STG Logistics Inc. The company’s board of directors approved a plan to unlock value. The sale of the business will generate a $710 million cash payout.
XPO’s intermodal division provides integrated transportation services through a national network of independent contractors. It is North America’s third-largest containerized transportation services provider. It offers drayage, rail brokerage, and other transportation-related services. The division’s 48 locations, along with 700 employees, have transferred to STG Logistics.
The company will also divest its European business, which includes trucking and truck brokerage services. It plans to sell a contract logistics business in August 2021 and is also considering selling its translating business. It will also spin off last-mile hubs in Norwich, Windsor, and Wallingford, Conn. It expects to generate $4 billion in LTL revenues in 2021.
XPO has been making rapid-fire acquisitions over the past two years to establish itself as a top-tier logistics giant. It acquired LTL trucker Con-Way for $3 billion in 2015, and in August, it announced a $3.56 billion acquisition of Norbert Dentressangle, a global contract logistics company.
XPO’s North American LTL business has grown by 16 percent in the past year, and it expects to generate $4 billion in LTL revenue in 2021. It plans to sell 11,000 53-foot containers, a number that accounts for 30 percent of its total returns in 2017. XPO’s intermodal division is expected to join STG Logistics Inc., and Geoff Anderman, the company’s president, will remain in that role.
XPO has about 13,700 employees as of year-end 2021. The company is headquartered in Greenwich, Connecticut. It has operations in 14 countries. The company has an equipment asset base of 25,800 trailers and 7,900 tractors. It employs approximately 12,000 professional drivers.
Werner
Founded in 1956, Werner is an intermodal trucking company that provides truckload and logistics services. It is one of the five largest truckload carriers in the United States. The company provides a diversified portfolio of transportation services, including one-way truckload service, time-definite shipments, and flexible fleets.
The company is known for its operational excellence and commitment to customer service. Werner also has a strong commitment to safety and technology. The company uses paperless electronic driver logs and real-time satellite tracking to ensure the safety and security of its drivers.
The company also has a technology initiative called Werner EDGE, which aims to improve the company’s drivers’ performance. This technology helps Werner’s driver’s book load at a touch of a button. It also provides access to more than 29,000 carrier partners and extensive temperature-controlled solutions.
Werner’s communications technology is continuously improving driver safety and compliance with state and federal regulations. It is also one of the first companies in the industry to use paperless electronic driver logs.
Werner’s headquarters are in Omaha, Nebraska. The company’s headquarters building is 110,000 square feet. It also features a 66,000-square-foot disaster recovery center.
The company’s logistics department provides a wide range of solutions, including time-definite shipments, commercial deliveries using liftgate straight trucks, and a portfolio of rail transportation services through alliances with rail providers. It is also one of the largest asset-based logistics providers in the U.S. The company announced partnerships with CEVA Logistics and 10 Roads Express earlier this year.
Werner also has an Operation Freedom program, which provides guidance and support to its employees and veterans. The program also provides assistance to spouses of veterans. The company’s veterans comprise about 15 percent of its associates.
Knight-Swift
During the third quarter of 2018, Knight-Swift Intermodal Trucking Company reported a 26% increase in revenue per load. Operating profits increased by 60%. The company expects double-digit contract rate increases in 2022. In addition, the company plans to ramp up intermodal capacity in the coming quarters.
Knight-Swift is a large trucking company that operates a network of terminals across North America. The company offers a wide range of truckload services, including dedicated transportation, cross-border transport, and intermodal services. The company also provides freight brokerage services and equipment leasing. The company is one of the largest truckload carriers in the U.S. It serves consumers, retailers, building and housing industries, and more.
The company’s truckload segment includes flatbed and refrigerated transportation services. It also provides cross-border transport and expedited transportation services. The company also operates an intermodal business and provides support services to independent contractors.
The company’s trucking segment accounted for 71% of its revenue. The remaining revenue comes from various services offered to shippers.
Knight-Swift provides non-asset-based freight brokerage services, equipment leasing, and a variety of other logistics services. The company operates six regional temperature-controlled service centers and 13 truck and trailer sales locations. It also provides transportation management, freight brokerage, consulting, warranty, and trailer parts manufacturing.
Knight-Swift is the parent company of two trucking companies: Swift Transportation and Knight Transportation. The combined company has 57,722 trailers for 2020. In addition, it has operations in Canada and Mexico.
Knight-Swift’s intermodal division has been profitable for the past three years. The company recently renegotiated its railroad partnership with Union Pacific. The company also plans to add 1,000 containers by the end of March.
Knight-Swift offers a wide range of truckload services, which includes regional direct services, cross-border transport, and U.S./Mexico/Canada transport. It also provides intermodal services, which include drayage, freight brokerage, and rail intermodal.
Holland Enterprises
Located in Mapleton, ND, Holland Enterprises is a family-owned long-haul refrigerated trucking company that has been around for nearly 50 years. They operate over 300 tractors and 300 refrigerated trailers. They also have a smattering of non-trucking-related services, most notably a garbage collection and processing operation.
As a bonus, Holland Enterprises has a well-stocked fleet of late model auto shift conventional tractors. While they are not as flashy as their bigger brothers, they also make the grade when it comes to keeping their drivers happy and their bottom line in check. The company also offers a nice-sized benefits package that’s well worth the extra time it takes to fill out a job application. Besides, it’s not that hard to find a reputable trucking company in your area, if you’re willing to make a few phone calls.
Aside from the above-mentioned accolades, you’ll be able to enjoy a fun and laid-back work environment where drivers can do their best work without being stymied by a rigid work schedule. You’ll also be rewarded for your efforts with a nice-sized bonus at the end of each month. It’s also a good idea to have a credit card on hand, as you’ll be spending a good amount of time in the company’s terminals.
Conclusion
While the company’s flagship office may not be your cup of tea, the small-town environment will ensure you’re in the loop with your co-workers at all times. The company also offers free health insurance and a decent pension. There is also a nice selection of vehicles to choose from, including a handful of hybrids. While the company does have a slew of aging tractors, they also have a fleet of shiny new rigs.
