Fleet growth will be held steady as the truckload carrier pivots back to a more traditional model.
Werner Enterprises has built a model to perform on the downside of the cycle. Management believes the carrier may be better positioned to do so than in the past.
Heartland Express said recent fleet acquisitions will take three years to match the level of its legacy operations.
Truckload carriers prepare for the other side of the freight boom.
Ruan announced the acquisition of Michigan-based regional carrier NTB on Friday.
Schneider National beat expectations for the third quarter but pulled in guidance as peak season is likely to be “muted.”
Truckload carrier P.A.M. Transportation Services reported better-than-expected third-quarter results on Thursday after the market closed.
Covenant Logistics announces in its third-quarter earnings release that Paul Bunn will be president and COO in the latest management changes.
Broker Landstar System reported another strong performance in the third quarter. However, the company now comps to the peak of the freight boom.
Knight-Swift Transportation missed analysts’ forecasts for the third quarter and dialed down expectations over the near term.
