Truckload Carriers
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TFI scoops up flatbed carrier CT Transportation from bankrupt Comcar
TFI International grows U.S. specialty businesses with CT Transportation in second acquisition from bankrupt Comcar industries.
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Daseke’s second quarter update welcomed by investors
Flatbed carrier Daseke reported five weeks of volume improvement in its second quarter update. The carrier improved its liquidity position through the first two months…
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Deutsche Bank sees some winners as earnings season approaches
Deutsche Bank analyst Amit Mehrotra favors a few transportation stocks as the second quarter comes to a close.
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Daseke ratings review confirms recent downgrade
Daseke’s ratings were confirmed at recently downgraded levels by Moody’s. The report points to the company’s restructuring as a source for a potential ratings upgrade.
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Werner Enterprises enters next phase of leadership
CEO and President Derek Leathers to usher in the next era for Werner Enterprises as founder CL Werner plans exit.
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Clarence Werner steps down as executive chairman of Werner Enterprises
Werner Enterprises’ announced that Clarence L. Werner, its founder and executive chairman, has stepped down as executive chairman. Werner is expected to remain as chairman…
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Commentary: Digital freight brokers face a moment of truth
The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. News reports that…
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‘Worst’ market in 47 years as restructuring at Covenant continues
Covenant Transportation Group provides an update on the ‘strategic plan,’ announced breakeven results in April during first quarter conference call.
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Wolfe Research conference focuses on a truckload restart
Recent stabilization in truckload markets with a recovery expected later in the year were some of the takeaways from Wolfe Research’s investor conference.
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Covenant pushes forward with strategic plan as freight market stabilizes
Covenant Transportation Group sees a breakeven April and noted that May trends have “stabilized” as it moves forward with restructuring efforts.
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