Truckload carrier Heartland Express returned to profitability in the second quarter, driven by gains from equipment sales.
Truckload carrier Schneider National raised its full-year earnings outlook by 18% after easily beating second-quarter expectations.
Shares of less-than-truckload carrier Saia fell on Thursday as a weaker-than-expected third-quarter margin outlook overshadowed a second-quarter report that surpassed expectations.
Less-than-truckload carrier XPO is seeing the fruits from several initiatives focused on improving freight selection, raising yields and streamlining workflows.
ArcBest’s second quarter highlighted improvements in operations across its business units.
Landstar System said the truck brokerage market has begun to reshape in the wake of the Supreme Court’s broker liability ruling.
Tenants are signing longer leases for larger industrial properties, a sign of “increased confidence,” according to CBRE Group.
Refrigerated carrier Marten Transport said a significantly tighter capacity environment is allowing it to improve freight selection and push rates higher.
Knight-Swift Transportation said the rapid improvements in truckload fundamentals that occurred in the second quarter will likely accelerate starting in September and continue throughout peak season.
Knight-Swift Transportation noted considerable acceleration in truckload fundamentals during the second quarter.
Segro’s board has agreed to back the acquisition after Prologis made a final increase to its takeover bid.
Following a co-design with J.B. Hunt Transport Services, Overroute publicly debuted its AI-native freight execution platform for enterprise carriers on Tuesday.
Forward Air announced Tuesday that it will keep at least half of an account representing 10% of its annual revenue.
Logistics real estate operator Prologis said Monday that its enhanced third pass at London-based peer Segro was rejected.
Freight shipments softened in June but truckload rates continued to step higher year over year, according to a monthly report from Cass Information Systems.
Transportation and logistics provider ArcBest announced it is cutting 2% of its workforce and closing 10 less-than-truckload terminals.
Logistics warehouse operator Prologis said leasing activity was at an all-time high during the second quarter.
Logistics warehouse operator Prologis reported record leasing activity in the second quarter.
As shippers migrate toward high-quality transportation providers, J.B. Hunt Transport Services comfortably surpassed expectations for the second quarter.
J.B. Hunt Transport Services blew past analysts’ second-quarter forecasts on Wednesday, sending shares up 9% in after-hours trading.