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.
The Relay Payments- Circle K partnership will enhance payment services at 500 truck-friendly locations.
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.
Freight broker FitzMark announced it has acquired Hometown Logistics.
Logistics Plus announced the acquisition of Chicago-based freight brokerage LoadDelivered Logistics.
Improved auditing reduced write-offs to below 1%.
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.
Radiant Logistics announced it has taken an 80% stake in Weport, a Mexico-based transportation and logistics provider.
Yellow’s equipment auctions conclude after nearly two years.
Payables automation platform BravoTran announced the addition of receivables capabilities with the acquisition of Keystroke.io.
Flexport Capital redefines supply chain financing with BlackRock partnership, enhancing liquidity in logistics.
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.
The Pasha Group announced it has expanded service at the ports of Seattle and Tacoma by acquiring the transloading assets of MacMillan-Piper and Tacoma Transload.
Funding heavy on AI applications and innovation for enterprise-level solutions.
Freight technology company Truckstop announced it has acquired Denim, a transportation-focused financial tech business and factoring service that automates invoicing.
A second round of buyout bids for Forward Air are due next month, according to an M&A blog.
C.H. Robinson had its debt rating increased by S&P Global, and its reduction in staffing is a key reason.
Yellow Corp. has asked a federal bankruptcy court to approve the sale of three terminals valued at $16 million.
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.
GoodShip is expanding its team and operations, establishing a new headquarters in Bellevue.
Proficient Auto Logistics’ stock has been sliding for months but its second quarter numbers were sequentially better.
Echo Global Logistics announced it has acquired Huntington Beach, California-based 3PL FreightSaver for an undisclosed sum.
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 […]
Trimac adds to its specialized and flat deck offerings with the acquisition of Searcy Trucking.
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.
Global supply chain SaaS provider Descartes announced on Monday that it has acquired cloud-based inventory management company Finale Inventory for $40 million.
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.
Ancora built its position in Norfolk Southern in 2023 and 2024.
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.
ArcBest missed analysts’ expectations for the second quarter.
Spot broker Landstar System pointed to some positive signs after the market closed on Tuesday but noted that the truckload market largely remains challenging.
First Look: Werner’s bottom line numbers for the quarter were impacted by its big win in a nuclear verdict case.
UPS’s stock price slid Tuesday after it reported lower parcel volumes and difficulty cutting costs as it works to right-size its delivery network.
The sequential numbers at TFI in the second quarter were taken as positive by the investment community.
Key metrics are down at TFI but Bedard, in earnings call, touts higher margin.
OneCompass Holdings announced it is acquiring Koleaseco, Inc. and plans to operate the fleet under another portfolio company, Hyway Trucking.
Pamt Corp. booked another net loss in the second quarter with its truckload unit recording a 112.5% operating ratio.
Less-than-truckload carrier Saia reported better-than-expected results for the second quarter and outlined a path to improved margins.
Used vehicle prices have always played a significant role at profitability for Ryder System as well as providing guidance on where the broader market stands. The company’s second quarter earnings report was no different. With Ryder (NYSE: R) taking a conservative outlook in making its outlook for the remainder of the year–its forecast is earnings […]
Universal Logistics Holdings reported a decline in second quarter earnings and revenue due to lower volumes and demand.
Less-than-truckload carrier Saia saw a step in the right direction during the second quarter.
Universal Logistics Holdings reported a 15% decrease in revenue to $393.8 million in the second quarter.
Covenant Logistics Group sees a potential gradual freight market recovery later this year.
Union Pacific saw record results in the fourth quarter as coal shipments led gains across business segments.
Widebody aircraft received in the Hawaiian Airlines acquisition have allowed Alaska Airlines to increase domestic and international cargo capacity and cargo revenue as the company continues to integrate the two operations.
Union Pacific reported higher profits on improved freight volumes and a one-time tax gain.
Ryder’s profits were higher in the second quarter, but revenue growth was slow.
Profits at CSX fell in the second quarter as weaker merchandise traffic outweighed improvement in intermodal volumes.
Knight-Swift is controlling the controllable as it awaits a more meaningful market turn.
Knight-Swift Transportation modestly beats second-quarter expectations and provides an inline outlook for the third quarter.
Covenant Logistics Group’s second-quarter revenue increased 5% year-over-year to $302.85 million.
CSX said weaker coal, merchandise traffic hit second quarter profit despite higher pricing and intermodal volume.
Growth in cloud revenue is a highlight; new sales opportunities due to ‘unification’ are helping to grab new business.
Several private equity firms have submitted bids to acquire Forward Air, according to a Reuters report.
Marten is selling its intermodal unit, which is focused on refrigerated, to Hub Group.
Tariff and trade uncertainty led CN to cut its outlook for the full year even as lower costs helped improve income amid declining revenues.
Canadian rail carrier CN said cost controls helped boost operating income as tariff and other economic factors muted revenues.
Triumph Financial wrapped up a quarter where lots happened with the company beyond its bottom line.
Marten’s second quarter showed some measures of improvement even as it acknowledged the tough freight market.
Logistics real estate landlord Prologis said demand continues to build as concerns over tariffs abate.
Logistics real estate landlord Prologis upped its full-year 2025 outlook in conjunction with a better-than-expected second-quarter report.
J.B. Hunt Transport Services’ second quarter comes with few surprises as the multimodal transportation provider navigates the bottom of the cycle.
J.B. Hunt Transport Services reported a largely inline second quarter on Tuesday.
Global supply chain automation firm Interact Analysis has reduced its forecast for mobile robot market growth by $800 million, citing reshaped supply chains and mounting uncertainty driven primarily by tariffs.
Supply chain software provider E2open held an analyst-free earnings call, likely to be its last.
Tech platform ServiceUp has raised $55 million in Series B funding to streamline the vehicle repair process for fleet operators and insurers.
LTL carrier XPO had its debt rating cut by S&P..
Moody’s has taken two recent actions at logistics companies, and both were optimistic.
A federal bankruptcy court has approved the sale of additional Saia terminals.
