Proficient’s stock soars, and cash flow at the carrier might be a reason
Proficient’s stock climbed Wednesday and it could be that investors are looking at its strong cash flow numbers.
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Proficient’s stock climbed Wednesday and it could be that investors are looking at its strong cash flow numbers.
A first look at Proficient Auto Logistics’ third quarter earnings.
Werner Enterprises said it’s holding the line on dedicated capacity as the industry awaits a turn in the cycle.
Radiant Logistics outlined incremental revenue opportunities on a Monday quarterly call as its Navegate platform is expected to see wider customer adoption.
Universal Logistics Holdings reported a large headline net loss for the third quarter.
For the second time this year, Moody’s Investors Service has downgraded the debt rating of trailer manufacturer Wabash National. The latest move takes the company’s corporate family rating (CFR) to B2 from B1. Other changes implemented by Moody’s Wednesday were to take Wabash’s probability of default rating to B2-PD from B1-PD, and to cut its […]
How the RXO rate squeeze is sign of larger 3PL industry dynamics and affecting logistics operations,
Maersk adjusted a portion of its guidance upward for 2025 earnings after a quarter that saw higher volumes but lower profits.
First look: Negative reaction to RXO’s earnings.
Management at Forward Air announced on Wednesday, in conjunction with its quarterly report, that a strategic review, which could include the sale of the company, remains ongoing.
GXO Logistics reported record third-quarter revenue and outlined a sharpened North America growth strategy.
CEO Rob Painter said Trimble remains confident in its long-term targets heading into 2026 and 2027,
ArcBest flagged margin concerns heading into the seasonally weakest part of the year.
Expeditors stock is on a roll after earnings that beat expectations.
Cold storage warehouse operator Lineage modestly cut its full-year 2025 outlook on Wednesday as high food prices weigh on customer inventories.
ArcBest beat expectations for the third quarter but flagged significant margin deterioration in its asset-based unit in the fourth quarter.
Matson saw its shares gain as a positive outlook for China-related shipping outweighed weaker financial results in the third quarter.
TFI’s positive outlook amid revenue challenges with a focus on LTL operations and future growth.
Uber Freight revenue remained flat in the third-quarter as the company’s mobility and delivery units powered profits and growth.
Florida East Coast Railway helped owner Grupo Mexico’s transportation division increase third-quarter operating income on higher revenue despite flat freight volumes.
Heartland Express saw some sequential improvement in operations in the third quarter but said truckload market fundamentals won’t improve until next year.
XPO once again reported significant margin improvement in the third quarter, despite a soft less-than-truckload market.
Werner officials said technology investments, retail alignment and industry enforcement trends are paving the way for a freight recovery.
Amazon reported third-quarter earnings of $180.2 billion in revenue, up 13% year over year.
A first look at TFI’s earnings.
Less-than-truckload carrier Saia guided to a fourth-quarter operating ratio that would equal its worst since the pandemic.
About 2,000 unionized delivery drivers accepted a buyout offer from UPS in the third quarter, according to an estimate by Satish Jindel, a long-time parcel shipping consultant and president of ShipMatrix. UPS CEO Carol Tomé said during Tuesday’s earnings briefing that the buyouts will cost the company $175 million. The Atlanta-based parcel logistics giant has […]
Shares of Schneider National sank on Thursday after it missed third-quarter expectations and lowered its full-year 2025 outlook.
Canadian Pacific Kansas City profits increased in the third quarter on higher freight volume and revenue despite economic uncertainty and trade tensions.
Aurora’s Q3 review highlights over 100,000 driverless miles on Texas roads, a new El Paso freight lane and Phoenix expansion plans for 2026.
XPO beat third-quarter expectations as yield and operating efficiency initiatives offset a soft demand environment.
C.H. Robinson AI strategy enhances 2026 financial forecast, driving growth in logistics.
The financial performance of C.H. Robinson (NASDAQ: CHRW) continued to rip higher in the third quarter, with various levels of profitability and performance improved even as there was no sign of a market turnaround as measured by some of the company’s data. Wall Street, which already has made C.H. Robinson an investment darling–up about 30% […]
Old Dominion Freight Line remains focused on yield management and controlling costs as it awaits a reprieve from tonnage declines.
Belt tightening and higher yields helped Old Dominion Freight Line limit margin degradation in the third quarter.
Truckload carrier Pamt Corp. booked its fourth consecutive net loss in the third quarter.
Truckload broker Landstar System called out some positive catalysts on its third-quarter call with analysts on Tuesday.
Marten was overall profitable in the quarter but its Truckload segment lagged.
The trucking industry is is seeing tightening capacity and regulatory crackdowns that will likely to set the stage for a market recovery in 2026, Covenant CEO David Parker says.
Union Pacific’s Q3 profits rose on improved pricing, record workforce productivity and fuel consumption.
First look at Ryder’s earnings shows minor revenue growth but improved profitability.
Knight-Swift Transportation’s third-quarter results and fourth-quarter outlook came in light of expectations on Wednesday.
Covenant Logistics Group reported a 30% drop in third-quarter profit amid higher operating costs and weaker truckload utilization.
Cost reductions at J.B. Hunt more than offset a soft demand environment in the third quarter.
Discover why owner operator capacity remains strong, as revealed by Triumph’s latest insights.
Shares of J.B. Hunt surged in after-hours trading on Wednesday after the company posted better-than-expected third-quarter results.
Prologis sees signs that the logistics warehouse market is tightening, with the potential for rents to see outsized growth in the next upcycle.
Logistics real estate investment trust Prologis beat third-quarter consensus expectations amid “record leasing” activity.
The first two weeks of October have seen a significant number of bankruptcy filings in transportation.
Morgan Stanley lowered earnings expectations for publicly traded truckload and less-than-truckload carriers on Monday.
Echo Global B3 rating by Moody’s highlights steady earnings despite challenges in a soft freight market.
ATBS trucking review: In a tough trucking market, drivers find success by optimizing routes and costs.
ArcBest talks up numbers at its first investor day since 2015.
Susquehanna analyst Bascome Majors cut earnings forecasts on truckload carriers for the rest of the year as fundamentals remain soft and peak-season expectations are subdued.
H5 transport, a North Dakota-based truckload and LTL carrier, has filed for bankruptcy protection under chapter 11 of the Federal Bankruptcy Code. It continues to operate, according to the court documents filed with the U.S. Bankruptcy Court for North Dakota. According to the company’s data available through the Federal Motor Carrier Safety Administration, H5 is […]
The U.S. cancellation of duty-free treatment for de minimis packages cut FedEx income by $150 million and forced the airline unit to reduce flights.
Moody’s held XPO’s debt rating steady but improved its outlook.
FedEx Freight’s spinoff is on track to be completed by June of next year.
Radiant Logistics’ fiscal fourth quarter results came in ahead of analysts’ expectations.
Truckload carrier Werner Enterprises said it’s seeing “positive momentum” in its dedicated and logistics businesses at an investor conference this week.
Moody’s has cut Odyssey Logistics debt rating amid weak freight market.
ArcBest lowered third-quarter margin expectations for its asset-based unit, which includes less-than-truckload operations.
Less-than-truckload carrier Saia saw tonnage move back into negative territory in August as the manufacturing complex nears a third full year of contraction.
Money-losing truckload carrier PAMT was in violation of a lender’s covenant at the close of the second quarter.
Old Dominion Freight Line reported Thursday that tonnage declines accelerated in August.
Descartes missed fiscal second-quarter expectations Wednesday after the market closed.
Less-than-truckload carrier XPO’s third-quarter update showed a notable moderation in tonnage declines during August.
Canada Post’s financial troubles worsened in the second quarter driven by a drop in parcel volumes amid a labor dispute.
Credit conditions in trucking as measured by the quarterly BMO report showed some improvement.
C.H. Robinson had its debt rating increased by S&P Global, and its reduction in staffing is a key reason.
A major lender to the trucking industry might be for sale.
Truck broker Landstar System disclosed the outcome from a Texas jury trial on Wednesday and outlined other likely charges it faces in the third quarter.
Proficient Auto Logistics’ stock has been sliding for months but its second quarter numbers were sequentially better.
Forward Air’s second quarter came in slightly ahead of analysts’ EBITDA expectations as investors await an update on a strategic review process that could result in the company changing hands.
Of all the negative financial news in the second quarter, there may have been no worse performance than truck sales.
The U.S. Postal Service is on track to lose nearly $7 billion in the current fiscal year as inflation made it difficult to hold the line on costs in the third quarter.
One AI and tech-heavy, and the other is focusing on long-term growth.
Second quarter earnings at RXO showed the growing importance of LTL activity at the brokerage.
Cargojet posted unspectacular results for the second quarter, but analysts considered that good because of the global trade uncertainty caused by new U.S. tariff policies.
RXO’s earnings showed little movement from a year ago or the first quarter but with some signs of improvement.
Quarterly earnings at the Transport & Logistics (T&L) segment of Trimble Inc. for the second quarter were the first for a full quarter since it closed the sale of its telematics division in February. But while that complex divestiture was impacting some of its financial numbers, the earnings report also gave Trimble (NASDAQ: TRMB) an […]
Earnings at Uber Freight showed another negative EBITDA but at a lower level than recently.
GXO Logistics’ large committed revenue book along with a healthy pipeline of opportunities position it well for an upcoming change in executive leadership.
Cold storage warehouse operator Lineage Inc. lowered its 2025 outlook on Wednesday as high food costs are constraining customer inventories.
DHL said the U.S. crackdown on tariff-free trade for cheap overseas packages is impacting volumes and its bottom line.
GXO Logistics announced better-than-expected results for the second quarter and raised its full-year outlook on Tuesday.
All the key financial numbers at Expeditors were higher in 2025’s second quarter than a year earlier.
BNSF saw earnings improve in the second quarter and first half of this year as lower costs outweighed weaker revenue per car.
Sun Country Airlines is preparing the final three aircraft from Amazon to enter into service by the end of this quarter, just in time for the peak shipping season.
Intermodal provider Hub Group, which would be strongly affected by a UP-NS merger, backs it fully.
Amazon’s second quarter earnings beat Wall Street expectations, but the company provided mixed guidance for the third-quarter.
Less-than-truckload carrier XPO sees “a massive runway ahead” for its self-help initiatives even if the broader economy doesn’t cooperate.
Schneider National said Thursday it needs more information before weighing in on the potential fallout from a Union Pacific–Norfolk Southern merger.
There are a lot fewer people working at C.H. Robinson than there were two years ago.
Less-than-truckload carrier XPO continued a streak of earnings beats on Thursday, reporting revenue and net income ahead of consensus estimates.
C.H. Robinson CEO Dave Bozeman (NASDAQ: CHRW), in releasing the company’s second quarter earnings, said it represented “six consecutive quarters of consistent outperformance through the disciplined execution of the strategy that we shared at our 2024 investor day.” The revenue figure for the company was down, in part because of the divestiture of the company’s […]
Transportation and logistics provider ArcBest is relying on cost and efficiency initiatives to get through the downturn.
Less-than-truckload carrier Old Dominion Freight Line is sticking with its playbook as the freight downturn enters a fourth year.
Werner’s year-on-year comps were tough, but it performed better sequentially in the second quarter.
Old Dominion Freight Line reported a modest earnings miss for the second quarter on Wednesday as volume declines were only partially offset by higher yields.