Daseke sees weak freight market for rest of 2023
Texas-based flatbed carrier Daseke does not expect to see improvement in the freight market the rest of the year.
Texas-based flatbed carrier Daseke does not expect to see improvement in the freight market the rest of the year.
Werner Enterprises reported an earnings miss for the second quarter on Thursday after the market closed.
Supply chain technology provider Trimble posts impressive Q2 results and says truck spot rates may have “bottomed out.”
Amazon’s earnings per share of 65 cents nearly doubled consensus estimates.
Class 8 truck orders rose in July, but they are still in the summer doldrums and trail replacement demand.
The day after CEO Dave Bozeman’s first call with analysts, they weighed in on the company’s outlook.
Jeremy Reymer, CEO and founder of DriverReach, is joined on this episode of Taking The Hire Road by a great friend and innovative leader, Justin Clarke. Clarke is the founder and CEO of F|Staff, an on-demand truck driver staffing company.
Multimodal provider Schneider National reeled in its 2023 earnings outlook by roughly 13% on Thursday.
GXO Logistics is one of few companies to better its 2023 estimates and raise its guidance.
Less-than-truckload provider Forward Air missed second-quarter earnings expectations but management noted it’s seeing a lift from Yellow’s shutdown.
When drivers are recognized for their hard work, they’re more likely to feel satisfaction at their jobs, and it gives them a reason to work toward company goals.
Owner-operators Toni and Chris Murphy of New Egypt, New Jersey, said it’s been hard to fight back against an invisible tech-savvy fraudster who stole their trucking company’s identity.
A Yellow employee has filed a class-action lawsuit over the company’s failure to provide advance notices of mass layoffs.
New C.H. Robinson CEO Dave Bozeman waxed philosophical on his first earnings call with analysts.
GXO’s full-year EPS guidance was raised by 5 cents, while adjusted EBITDA was increased by $10 million.
RXO was flat between the first and second quarters, and that proved to be a turnoff for investors in the 3PL.
Years before it ever built a fuel cell truck, Nikola claimed it had 14,000 reservations. But 202 orders is a good sign nonetheless.
Deutsche Bank’s Amit Mehrotra says cumulative 8.8% per-package increases over five years should balance out elevated labor costs for the UPS contract duration.
An NLRB action is being viewed by the Teamsters as providing an incentive for companies to consider independent contractors as employees.
Employees at Yellow Logistics were terminated Tuesday.