Warehouse operator Prologis said customer leasing intentions are undeterred as energy prices rise and interest rates remain elevated.
Knight-Swift Transportation lowered its first-quarter outlook, citing headwinds from several nonrecurring items during the period.
Management at J.B. Hunt Transport Services pointed to mounting evidence that recent tightening across the truckload market will not be a temporary blip.
Warehouse operator Prologis reported record lease signings in its logistics business during the first quarter.
J.B. Hunt Transport Services beat first-quarter expectations, reporting record volumes in its intermodal segment.
Under new calculation method, average independent pulled in a little over $71k for second year in a row.
Mudflap has completed its acquisition of Parade. The deal pairs Mudflap’s location-verified carrier network with Parade’s capacity management platform for brokers, which has facilitated more than $40 billion in total cumulative freight transactions. Mudflap boasts more than 515,000 drivers across over 100,000 verified carriers. The Palo Alto-based fintech company provides fuel discount solutions to carriers […]
FedEx says it is looking for a new CFO after John Dietrich decided to step down from the position.
Private equity firm STG announced it has acquired less-than-truckload TMS provider Carrier Logistics Inc.
Hong Kong-based Orient Overseas Container Line saw Q1 profits decline on weaker rates despite higher container volumes.
WEX, a company with a significant position in the fleet payments business, is facing a proxy battle from an institutional shareholder.
LunaPath builds AI agents for logistics execution and orchestration.
FedEx Freight outlined financial targets and operational initiatives ahead of a June separation from parent FedEx Corp.
Two Boxes has raised $3.2 million to help scale its AI-powered returns platform as retailers grapple with rising fraud and costly reverse logistics.
Fuel price hikes and poor weather overhung the first quarter, but supply-side tailwinds along with improving demand could spell the end of earnings degradation for truckload carriers.
Moody’s has increased its debt rating on Ryder, first put on the company during the pandemic.
Two debt ratings agencies have given a vote of confidence in Echo Global Logistics’ recent acquisition of ITS Logistics. Neither Moody’s nor S&P Global Ratings changed their debt rating on Echo Global, which is privately-owned but does have publicly-traded debt. But the outlook on Echo Global from both companies was increased to positive from stable, […]
Hapag-Lloyd said 2025 profits fell sharply and warned of a challenging year for shipping on higher costs and ongoing geopolitical risks.
Echo Global Logistics announced it has completed its acquisition of ITS Logistics, creating a $5.2 billion, full-service supply chain services platform.
Hub Group said it received a deficiency notice from Nasdaq for failing to timely submit 2025 financial results after discovering an accounting error.
FedEx Freight was again a drag on FedEx Corp.’s consolidated results, which came in ahead of expectations.
FedEx delivered strong third-quarter results, buoyed by volume and yield growth and structural cost savings.
Logistics REIT Prologis announced Thursday a new $1.6 billion joint venture to develop build-to-suit facilities in the U.S.
Management from J.B. Hunt Transport Services said shipper attitudes are little changed as truck capacity leaves the market and fuel prices surge.
The U.S. Postal Service needs relief from unfunded mandates and operating restrictions that have created a cash crisis for the nation’s mail service, Postmaster General David Steiner warned Congress.
A Wisconsin-based carrier files for chapter 11 protection.
Knight-Swift Transportation has sold its FleetAero assets to Transtex.
Universal Logistics reported sharply lower Q4 revenue and earnings as freight demand softened and losses in intermodal dragged on overall results.
San Francisco-based software company BackOps announced it has raised $26 million in Series A funding to develop its AI-native operating system for global supply chains.
Supply chain SaaS provider Descartes reported another record financial performance as tariff uncertainty pushes the top line higher.
Shares of Forward Air moved sharply lower on Wednesday after a stock market news site reported a full-company sale is “unlikely.”
Redwood Logistics has acquired Stridas, a managed transportation provider, marking its second acquisition in a week.
Third-party logistics provider Fura announced it has acquired fellow Texas-based broker Barton Logistics.
ArcBest’s February update displayed stable results for its less-than-truckload segment, while its outlook for asset-light operations improved.
A trio of trucking companies that have weathered the storm talked about the importance of data in making it through.
Global Crossing Airlines has parked two Airbus freighter aircraft because business has dried up.
An update from Old Dominion Freight Line showed volume and revenue declines slowed in February.
Kuehne+Nagel is a bell weather for the logistics sector, which faces more uncertainty with the Middle East conflict underway. The company says it plans to cut 2,000 workers.
Less-than-truckload carrier Saia’s tonnage declines moderated in February, with volumes remaining higher on a two-year-stacked comparison.
Private equity firm Thoma Bravo agreed to acquire 3PL WWEX Group and merge it with Auctane, a shipping software provider already in its portfolio.
Berkshire Hathaway’s year-end financial report revealed a challenging year for Pilot.
XPO sees tonnage return to positive territory in February.
Canada-based Cargojet is compensating for the loss of a major Chinese e-commerce shipper by concentrating on new business opportunities closer to home.
U.S. ocean line Matson said its terminal joint venture shored up fourth quarter results as container volumes fell on weaker China traffic.
Truckload carrier Ace Doran announced it has acquired NHH Services’ Equipment for an undisclosed sum.
Cold storage facility operator Lineage sees 2026 as a transition year now that new builds are slowing and inventory drawdowns have passed.
The BMO quarterly earnings showed a strengthening of trucking credit metrics.
Shares of Freightos Limited fell roughly 30% shortly after the digital freight platform announced its founder Zvi Schreiber would step down from its board of directors.
Expeditors saw a drop in several financial benchmarks, driven mostly by a tough ocean freight market.
Truck dealer and service provider Velocity Vehicles has seen its debt rating slashed in recent months.
Forward Air said it is “nearing the conclusion” of a strategic review, which investors called for following the company’s controversial merger with Omni Logistics.
Capacity attrition and retooled carrier networks could present a challenging bid season for shippers.
Walmart’s e-commerce business, supported by its store-fulfillment and delivery services, grew 27% in the fourth quarter and has turned profitable.
TFI International’s estimate for first quarter earnings is reflecting a difficult ongoing quarter.
The US LTL operations at TFI International showed some signs of improvement.
Triumph Financial is making slow but steady progress in its Factoring as a Service offering.
Estes Logistics has acquired Pacific Northwest operator Key Trucking for an undisclosed sum.
Truckload carrier Pamt Corp. booked a fifth consecutive net loss on Friday.
Truckload stocks have been on a wild ride after signs of an improving spot market were amplified by positive manufacturing data, and then slightly doused by the threat of AI upheaval.
The day after, an analysis of why logistics stocks sold off so hard Thursday.
RXO has seen its debt rating cut by Moody’s to a non-investment grade level.
FedEx unveiled its four-year growth strategy on Thursday, setting a goal of 14% profit growth by 2029.
QXO is making its second big purchase in the building products field.
GXO Logistics expects North American freight demand to remain stable in 2026, guiding for flat volumes while leaning on new contract wins.
A first look at Ryder’s earnings.
GXO’s revenue increased to $13.2 billion in 2025 amid a confident outlook tied to outsourcing, e-commerce and automation trends.
Less-than-truckload carrier Saia missed fourth-quarter expectations on Tuesday but said the recent period could mark the trough for margins.
Proficient’s stock price suffered a big decline Tuesday after its earnings were released a day earlier.
Trimble’s transportation and logistics business posted mid-single-digit organic growth in the fourth quarter amid a challenging freight environment.
Hapag-Lloyd container volumes increased on robust trade growth but diverted voyages away from the Red Sea hurt average freight rates.
Less-than-truckload carrier Saia missed fourth-quarter expectations ahead of the market open on Tuesday.
Radiant Logistics beat fiscal second quarter expectations as customers are “growing increasingly bullish.”
Sun Country Airlines generated record cargo revenue last quarter as its Amazon flying business took off.
An accounting error at Hub Group has placed its financial statements for the first three quarters of 2025 under review.
RXO’s fourth quarter was tough but it is focusing on a longer-term message.
Werner Enterprises is taking steps to restore its one-way unit to profitability by reducing the fleet size and eliminating unprofitable freight.
The U.S. Postal Service saw quarterly adjusted operating income tumble by nearly two-thirds as parcel volume fell by double digits and revenue contracted during the peak shipping season.
The first look at RXO’s fourth quarter earnings show the impact of a bad market for brokers.
Amazon said its regionalized fulfillment network and expanding same-day delivery helped boost fourth-quarter results to $213.4 billion in net sales.
Werner Enterprises has begun restructuring its one-way fleet, a move announced alongside the reporting of its fourth-quarter results, which fell short of expectations.
XPO’s less-than-truckload tonnage was flat in January, breaking an 18-month stretch of declines.
With its end-2025 acquisition trifecta that brought it three factoring companies all at once, Love’s Travel Stops is likely to look for more this year to grow its factoring activities within its Love’s Financial Services division. Love’s announced the acquisition of three factoring companies–TBS Factoring Service, Saint John Capital and Financial Carrier Services–just before Christmas. […]
XPO beat fourth-quarter expectations on Thursday.
Less-than-truckload carrier Old Dominion voiced optimism about a potential demand inflection but cautioned that this cycle has been full of false starts.
Uber Freight posted flat revenue in the fourth quarter, but achieved breakeven profitability for the first time in over three years.
Old Dominion Freight Line beat fourth-quarter expectations as cost management and yield hikes helped offset volume declines.
Truckload carrier Heartland Express reported another net loss.
GenLogs bridges the gap between carrier data and real world conditions.
ArcBest is cutting costs and improving processes as the market looks to shake off a prolonged downturn.
Covenant Logistics reported a Q4 net loss, but told analysts it is seeing early signs of pricing power and improving freight fundamentals heading into 2026.
Transportation and logistics provider ArcBest missed fourth-quarter consensus expectations.
Covenant Logistics posted a Q4 loss, while highlighting fleet rationalization and balance-sheet discipline as key priorities for 2026.
Schneider National’s stock was down 16% in after-hours trading on Thursday following a worse-than-expected earnings report.
Another successful quarter led analysts on the C.H. Robinson earnings call to wonder what the longer-term future holds.
For the first time in Tesla’s history revenues fell year over year, as officials point to the Semi truck as a key future growth lever.
Broker Landstar System’s fourth quarter was negatively impacted by one prior and two recent tragic accidents.
The first look at C.H. Robinson’s earnings that investors applauded.
Werner Enterprises announced it has acquired FirstFleet, making it the fifth-largest dedicated truckload provider in the U.S.
Marten Transport saw improvement sequentially even as year-to-year comparisons remained weak.
UPS is continuing to cut down Amazon volumes and consolidate package sorting centers in a bid to improve efficiency and shipment yields.
