Company earnings
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Big report on Robinson, Landstar sees strong performance but lurking problems
The research firm of Evercore ISI launched coverage of the 3PL sector with an enormous report.
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Up 5% may not be enough for truckload rates in 2022
More trucking heads weigh in on rate expectations for 2022. Following a sizable rate bump this year, it appears that rates could move considerably higher…
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Yellow’s tonnage trends lag peers again
Less-than-truckload carrier Yellow reported tonnage declines worse than its peers for the first two months of the third quarter. The carrier said it currently remains…
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Echo Global being acquired by private equity firm Jordan Co.
The new owners of Echo have portfolio investments in several other logistics companies.
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Radiant Logistics posts record FQ4 results
Radiant Logistics announced it closed its fiscal year in record fashion on Thursday. The company will repurchase shares and pursue acquisitions as a means of…
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Retailers’ inventories suggest restocking long way from finished
Recent earnings reports from retailers exhibited improved inventory positions compared to a year ago. However, the comps show merchandise levels are still lagging sales by…
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ArcBest sees August tonnage dip in efforts to bolster LTL service
ArcBest said Wednesday an August tonnage decline in its asset-based segment was done intentionally so that it could better service its core less-than-truckload customers.
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Old Dominion says share gains drive tonnage, revenue higher in Q3
Less-than-truckload carrier Old Dominion reported strong operating trends for the first two months of the third quarter. The carrier said it will continue to reinvest…
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Saia’s momentum carries into 3rd quarter
Less-than-truckload carrier Saia sees tonnage gains carry into the third quarter.
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Poised for acquisition, Transplace gets mostly positive outlook from Moody’s
Transplace’s new bookings are said to be a key reason for the improvement in its financial outlook.
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