Truckload Carriers
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U.S. Xpress CEO sees significant gains from Variant initiative, as Q3 revenue posts modest increase
OR improved for the company; on analyst call, Fuller says there will be bumps in the road on the way to a new operating model.
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U.S. Xpress OR improves; driver squeeze limits miles driven
Q3 performance contrasts with loss in corresponding quarter last year
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Knight-Swift puts up the Q3 analysts were expecting
Knight-Swift Transportation’s third-quarter report provides an earnings beat, a 2020 guidance raise and a better-than-consensus first take at 2021 earnings as the carrier sees “strong…
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Knight-Swift raises outlook for 2020, 2021 well ahead of forecasts
Knight-Swift Transportation raises its 2020 outlook and provides 2021 guidance that is well ahead of recently raised expectations.
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Sale of Kenan Advantage reportedly eyed by pension fund
OMERS Private Equity is considering selling Kenan Advantage Group, the tank truck carrier and logistics provider, according to a report in Bloomberg.
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P.A.M. Transportation’s Q3 well ahead of forecasts
P.A.M. Transportation Services sees a “marked improvement” as its auto manufacturing customer base gets back to work. The carrier expects “upward rate pressure” as truck…
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Fleetpal reduces asset over-maintenance through segmented predictive maintenance platform
Fleetpal is built on VMRS, the universal coding system, allowing it to track and segment equipment failure and operating costs efficiently.
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J.B. Hunt stock sags on 3Q miss, management doubles down on long approach
Shares of J.B. Hunt Transport Services move 9% lower after the company fails to meet recently raised analyst expectations. Intermodal service headwinds and elevated costs…
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J.B. Hunt misses 3Q expectations
J.B. Hunt Transport Services misses 3Q estimates by 9 cents per share. Revenue and operating income climb 5% but a variety of cost inflation and…
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FlockFreight fills empty spaces in ‘full’ truckloads
FlockFreight pools together LTL freight and ships it via shared truckloads in full truckload containers instead.
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