Company Earnings

Saia’s shares are getting punished as the company’s ambitious growth efforts have been derailed by a trade war.

Universal Logistics Holdings’ first-quarter revenue decreased 22.3% year over year to $382.4 million.

Less-than-truckload carrier Saia’s first quarter was much worse than analysts feared.

Universal Logistics Holdings reported a 22% decrease in revenue and an 88% drop in earnings per share in the first quarter.

Despite numbers that continue to sink, TFI CEO Alain Bedard was mostly positive about the outlook for TForce.

Covenant Logistics Group said economic uncertainties may push back freight market improvements.

Falling fuel surcharge revenue offset record freight revenue for Class I railroad Union Pacific in the first quarter.

Pamt Corp. reported a sixth straight operating loss in its truckload business during the first quarter.

Knight-Swift Transportation said some customers are delaying decision making and others are drawing down inventories as the market awaits some resolution on U.S. trade policy.

TFI’s earnings release late Wednesday didn’t have much good news for its U.S. LTL operations.

Covenant Logistics Group’s first-quarter revenue declined 3% year over year to $269.4 million.

Knight-Swift Transportation lowered its second-quarter outlook and didn’t provide third-quarter guidance due to a “fluid trade policy,” which is weighing on customer decision making.

Old Dominion Freight Line is only modestly altering near-term plans as it looks to take market share during the next less-than-truckload upswing.

Growth in its freight and transit business segments powered higher first-quarter revenue and earnings at rail technology company Wabtec.

Flat revenue and a “vicious winter” didn’t keep Norfolk Southern from posting improved first-quarter profits.

Investors liked the earnings report from Ryder, even though its gains over the 12 months were limited.

Old Dominion Freight Line beat first-quarter expectations on Wednesday but lowered its capex budget as demand weakness lingers.

Tesla had revenue of $19.3 billion and earnings of 27 cents per share in the first quarter.

Forward Air on Monday updated its first-quarter expectations for a second time.

Congestion hurt volumes and revenue in CSX’s first quarter.

Even in the midst of a sharp drop in his company’s stock price and a freight market that is not supporting the bottom line at Triumph Financial, CEO Aaron Graft touted milestones reached and signaled a new aggressiveness in pricing the company’s products. In his quarterly letter to investors released in conjunction with the company’s […]

Marten’s earnings showed a truckload carrier fighting a tough market with little sign of improvement.

Logistics warehouse operator Prologis reiterated its 2025 guidance on Wednesday but noted that uncertainty around a volatile trade landscape has customers delaying leasing decisions.

Logistics real estate investment trust Prologis beat first-quarter expectations and maintained its full-year 2025 outlook but noted “policy uncertainty is making customers more cautious.”

J.B. Hunt Transport Services said it’s remaining rate-disciplined on the intermodal front, allowing some business to walk as it works to improve yields and margins in the segment.

J.B. Hunt Transport Services’ first-quarter earnings result came in ahead of recently lowered forecasts.

Freight data from Cass Information Systems shows the industry closed the first quarter on a down note.

Forward Air said Wednesday that 10% to 15% of last year’s revenue would have been impacted by the new tariffs.

Less-than-truckload stocks bore the brunt of Liberation Day tariffs, falling 18% on average following the announcement and adding to an already down year.

Susquehanna Financial Group lowered its earnings forecasts for the truckload, intermodal and logistics companies it follows.

Cosco Shipping Holdings, China’s largest container carrier, saw heady improvement in revenue and profit in 2024.

FedEx has switched from downsizing to incrementally growing its air cargo fleet by ordering large 777 freighters and postponing plans to retire older MD-11 jets.

FedEx is working on several fronts to shore up its less-than-truckload business ahead of a 2026 spinoff.

FedEx reported higher revenue and operating income in the third quarter than last year but says shipping business could slow this quarter because of weakness and uncertainty in manufacturing.

Red Sea diversions hit liner operator Hapag-Lloyd’s profits despite higher revenues in 2024.

Wan Hai Lines, one of the Big Three Taiwanese container carriers, saw record revenue and profit in 2024.

Evergreen Marine Corp., the world’s seventh-largest box carrier, saw revenue and profits climb in 2024.

Yang Ming Transport Corp. said the Red Sea crisis and emerging Asian markets helped profit soar by nearly $2 billion in 2024.

Container terminal operator DP World reported record revenue in 2024 but weaker overall profit.

Operational expansions and a strategic move to leverage earnings against the trans-Pacific spot market helped Zim to massive profits in 2024.

J.B. Hunt’s long-standing investment-grade debt rating from Moody’s has been affirmed.

Air France-KLM is substituting two A350 passenger jets for freighter aircraft on its Airbus orderbook because it can get the passenger planes sooner.

Global Crossing Airlines has a diverse customer base, including sports teams, rock bands like AC/DC and the parcel shipping giant DHL Express.

ArcBest said it added more truckload freight in February to stem the volume declines at its less-than-truckload business.

Deutsche Bank relaunched coverage of the transportation space on Friday with a strong bias toward companies most likely to benefit from a pickup in the industrial economy.

Air Transport Services Group had lackluster results in 2024 but hopes that leasing Airbus A330 freighters for the first time this year will improve the bottom line.

Supply chain software provider Descartes is benefiting from a quick-changing tariff environment.

Less-than-truckload carrier XPO’s February tonnage decline isn’t as bad as the headline result suggests.

Less-than-truckload carriers Old Dominion and Saia maintained their respective growth strategies in February while both await a market turn.

Moody’s has affirmed its debt rating for Penske Truck Leasing, a key supplier of trucking rentals.

Temperature-controlled warehouse owner Lineage Inc. said customer inventories have stabilized at lower levels but it again expects earnings to step higher in 2025.

The numbers in Canadian bank BMO’s quarterly earnings suggest credit problems in trucking may have hit bottom.

BNSF’s saw fourth quarter revenue decline primarily due to a 6.6% drop in average revenue per carload.

A debt issuance by shortline operator Patriot Rail provides a look into its finances.

Executives at some of the nation’s largest truckload transportation providers are seeing incrementally positive signs that the market is turning.

The fourth-quarter earnings report of TFI International had bad news for investors.

J.B. Hunt Transport Services said it will focus on what it can control as the industry awaits a meaningful recovery.

Supply chain technology provider Trimble recorded a 6% year-over-year increase in transportation revenue during the fourth quarter to $206.8 million.

Cargojet is focusing more on charter business as e-commerce retailers and other companies seek dedicated airlift, which helped boost revenue more than 30% in the fourth quarter.

Expeditors International had a strong quarter, beating analyst estimates on profitability and revenue.

PS Logistics hangs on to its debt rating at Moody’s, giving a look at the finances of the privately held flatbed operator.

The change at the top of Manhattan Associates looked like an ouster, but former CEO Eddie Capell met with analysts to say it wasn’t.

Locomotive builder Wabtec’s shares declined despite fourth-quarter revenue and profit increases.

GXO Logistics Inc. saw solid growth in 2025 and could expand in North America through an acquisition.

Ryder System’s outlook doesn’t see a lot of gains from a stronger freight market, so it is looking to more structural changes.

GXO Logistics’ fourth-quarter revenue surged 25% year over year to $3.25 billion.

Ryder System’s fourth-quarter used vehicle sales were flat from the third quarter but down from a year ago.

With the Jack Cooper closing set to roil the market for auto haulers, Proficient met analysts on a momentous day.

Truckload carrier Pamt Corp. recorded another loss during the fourth quarter.

Radiant Logistics’ fiscal second-quarter earnings beat was largely tied to one-time project freight.

Universal Logistics lowered its 2025 guidance due to headwinds in the intermodal market and expenses from a recent acquisition.

Amazon beat expectations for revenue and earnings for the fourth quarter, but it predicts slower growth in the next quarter.

Werner Enterprises highlights some favorable trends for the new year after a messy fourth quarter.

Universal Logistics Holdings reported a 19% increase in operating revenue to $465.1 million in the fourth quarter.

Werner Enterprises reported a big earnings miss in the 2024 fourth quarter due to outsize insurance claims.

Sun Country Airlines expects robust growth in cargo revenue as it begins to receive eight more 737 freighter aircraft for its Amazon flying business.

Shares of less-than-truckload carrier XPO were up 9% in midday trading on Thursday following a fifth consecutive quarter of year-over-year margin improvement.

Less-than-truckload carrier XPO beat fourth-quarter earnings expectations Thursday before the market opened.

RXO’s stock price was pummeled Wednesday after the release of its earnings 

Old Dominion Freight Line is planning for a good 2025 back half and hasn’t given up on the first half yet.

Uber Freight recorded its ninth consecutive quarter of negative EBITDA.

Less-than-truckload carrier Old Dominion Freight Line beat fourth-quarter expectations Wednesday before the market opened.

RXO predicts in its fourth-quarter earnings report that it will have greater synergies from its Coyote acquisition.

A Georgia-based carrier has filed for bankruptcy protection, citing a weak freight market.

Less-than-truckload carrier Saia is looking for opportunities to raise pricing across its larger network to levels commensurate with the rest of the market.

Less-than-truckload carrier Saia reported better-than-expected fourth-quarter results on Monday.

ArcBest’s fourth-quarter results were ahead of analysts’ expectations but reflect a sluggish demand environment.

ArcBest beat fourth-quarter expectations Friday but noted that continued industrial weakness is weighing on its results.

Schneider National points to some green shoots on its fourth-quarter earnings call.

UPS said it will cut the volumes it handles for Amazon by 50% over the next two years to boost profitability.

C.H. Robinson posted strong year-on-year gains, but some of the sequential numbers were softer.

Schneider National’s initial take on 2025 earnings is largely in line with consensus expectations.

Tesla plans to begin mass production of its all-electric Class 8 Semi truck by the end of the year at its factory in Nevada.

Landstar System sees the truckload market as still in a transition period.

C.H. Robinson’s fourth-quarter earnings show some continued improvement sequentially, which has been a key metric for investors.

Landstar System missed fourth-quarter consensus on Wednesday and issued first-quarter guidance well shy of expectations.

Truckload carrier Heartland Express is hoping 2025 is the start of a turnaround.

Refrigerated carrier Marten Transport said it was encouraged with sequential improvement in metrics during the fourth quarter even as meaningful year-over-year deterioration continued.

Covenant Logistics Group officials are optimistic about the trucking market, expecting more freight by mid-2025.

Trucking-focused bank Triumph Financial had a solid EBITDA performance at its Payments unit, but a lower bottom line.