Forward Air sees 60 cents per share in the third quarter. The earnings pre-announcement comes in significantly higher than analysts’ current forecasts.
Goya Foods, one of the largest Hispanic-owned food companies in the U.S., will invest $80 million in an expansion of its manufacturing and distribution facility in Brookshire, Texas.
Larkin of Clarendon sees record year ahead if things break right.
Truck broker Landstar System handily beats its guidance, which was raised in early September. The company posted its second-best third quarter ever.
Canadian trucking and logistics company Mullen Group reports continued headwinds from the pandemic in Q3 as government wage subsidies help offset drop in revenue.
JAXPORT is there to help as consumers shift from a shop-till-you-drop mentality to a shop-till-it-drops reality.
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 freight conditions” continuing.
Rating is non-investment grade; agency notes that the company has been mostly growing through acquisitions rather than organic
The self-driving vehicle company announces new leadership hires; claims 600 employees.
Demand is reducing inventories while sales remain strong, leaving no cushion before sales ramp up as they do in November and December.
Knight-Swift Transportation raises its 2020 outlook and provides 2021 guidance that is well ahead of recently raised expectations.
Shippers can get instant and spot quotes in mere seconds, book loads and track their freight across borders using SCOUT.
In today’s edition of The Daily Dash, another SPAC is on the hunt for a possible acquisition in the transportation space. Plus, Prologis posts strong Q3 earnings and more charges in the Louisiana investigation into staged truck accidents.
OMERS Private Equity is considering selling Kenan Advantage Group, the tank truck carrier and logistics provider, according to a report in Bloomberg.
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 capacity tightens.
A $4.8 billion run rate for the quarter is expected to be at $7 billion by the end of the year: Triumph Bancorp CEO Graft
Zero-emissions credit sales drive Tesla profitability; heavy-duty truck manufacturers to access REC markets
Logistics real estate investment trust (REIT) Prologis beats third-quarter expectations and raises guidance. Conditions have improved and the runway for e-commerce-related growth appears long.
TruckX has introduced a ruggedized wired ELD setup, which reduces the operational difficulties that come with using a bluetooth ELD solution.
The Agriculture Transportation Coalition, together with TradeLanes, surveys hundreds of American shippers about the cost to their bottom lines of uncommunicated earliest return dates from ocean carriers.
