Truckload Carriers
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Supply chain hurdles not high enough to thwart J.B. Hunt’s Q3 beat
Shares of J.B. Hunt Transport Services jumped 10% Friday as the company navigated supply chain challenges during the third quarter to beat analysts’ forecasts.
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J.B. Hunt rolls past Q3 expectations
J.B. Hunt Transport Services sidesteps disruption throughout the transportation network to beat analysts’ forecasts.
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P.A.M. Transportation: ‘Navigating the disruptions’ leads to a big Q3
P.A.M. Transportation Services sees earnings surge during the third quarter even as supply chain disruption accelerates.
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‘Unprecedented’ freight demand, labor challenges next year, Heartland Express says
Heartland Express beats expectations in the third quarter with the help from gains on sale.
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September Cass data underscores stalled shipments; expenditures surge
Supply chain constraints are keeping a lid on freight volumes while rates continue to reach new highs, according to September data from Cass Information Systems.
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Cortes named to run Walmart’s US transportation business
The former Keurig Dr. Pepper executive reports to Joe Metzger, chief supply chain officer.
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Brokerage M&A continues: Cheema adds Walker Logistics to portfolio
The logistics arm of Cheema Freightlines announced it has acquired 3PL provider Walker Logistics.
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Rate guidance should drive TL estimates higher, Morgan Stanley says
Morgan Stanley analyst Ravi Shanker believes rate expectations of truckload management teams haven’t been reflected in 2022 earnings estimates yet.
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More forceful, visible TCA emerging: Load One’s Elliott
The TCA’s public-facing stance on the vaccination mandate might not have taken place a few years ago.
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Pride Transport announces 3rd driver pay increase
Driver pay increases continue to roll in as a strong macroeconomic environment shows little signs of slowing.
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