Prologis says warehouse ‘demand is piling up’
Logistics real estate landlord Prologis said demand continues to build as concerns over tariffs abate.
Logistics real estate landlord Prologis said demand continues to build as concerns over tariffs abate.
Logistics real estate landlord Prologis upped its full-year 2025 outlook in conjunction with a better-than-expected second-quarter report.
J.B. Hunt Transport Services’ second quarter comes with few surprises as the multimodal transportation provider navigates the bottom of the cycle.
J.B. Hunt Transport Services reported a largely inline second quarter on Tuesday.
As tariff talk cools, intermodal carriers are becoming more upbeat.
Easy comps and dynamic pricing have ArcBest back in growth mode, but yields are now lagging.
Less-than-truckload carrier Saia reported a decline in tonnage for the first time since Yellow Corp. closed.
Supply chain SaaS provider Descartes said a 7% reduction in head count is prudent given uncertainty in the market.
Less-than-truckload carrier XPO saw a volume decline in May that was in line with its previous guidance.
Old Dominion Freight Line said in a Wednesday update that the soft trends experienced so far in 2025 continued through May.
Freight broker Landstar System reported a messy first quarter, dragged down by insurance costs, fraud and stolen cargo.
Radiant Logistics reported better-than-expected results for its fiscal third quarter ended March 31.
Hub Group posted an 8% year-over-year decrease in total revenue in the first quarter, to $915.2 million.
GXO Logistics said the company’s flexibility helped propel revenue to $3 billion in the first quarter.
Cold storage real estate investment trust Americold said it has seen a significant slowdown in demand over the past 30 to 45 days.
Forward Air’s first-quarter update provides investors with little insight into an ongoing strategic review of the company.
GXO Logistics’ first-quarter revenue increased 21% year over year to $3 billion.
OOIDA report challenges driver shortage narrative, argues turnover is the issue
Amazon officials said on Thursday tariffs are creating uncertainty for global online retailers.
Schneider National is still targeting 2025 as a growth year but not likely as robust as hoped due to trade uncertainty.
Schneider National posted a rare earnings beat in what was a tough quarter for transportation companies.
Less-than-truckload carrier XPO reiterated its outlook for margin improvement in 2025 even if the economy doesn’t cooperate.
Lineage Inc. had revenue of $1.29 billion and earnings per share of 86 cents in the first quarter.
Less-than-truckload carrier XPO is one of the few transportation companies to report better-than-expected results for the first quarter.
ArcBest said it’s still seeing a rational less-than-truckload pricing environment and expects a normal seasonal uptick in demand during the second quarter.
ArcBest reported a miss for the first quarter as it balances keeping its network full with finding decently margined freight.
Saia’s shares are getting punished as the company’s ambitious growth efforts have been derailed by a trade war.
Universal Logistics Holdings’ first-quarter revenue decreased 22.3% year over year to $382.4 million.
Less-than-truckload carrier Saia’s first quarter was much worse than analysts feared.
Universal Logistics Holdings reported a 22% decrease in revenue and an 88% drop in earnings per share in the first quarter.
Covenant Logistics Group said economic uncertainties may push back freight market improvements.
Pamt Corp. reported a sixth straight operating loss in its truckload business during the first quarter.
Knight-Swift Transportation said some customers are delaying decision making and others are drawing down inventories as the market awaits some resolution on U.S. trade policy.
Covenant Logistics Group’s first-quarter revenue declined 3% year over year to $269.4 million.
Knight-Swift Transportation lowered its second-quarter outlook and didn’t provide third-quarter guidance due to a “fluid trade policy,” which is weighing on customer decision making.
Old Dominion Freight Line is only modestly altering near-term plans as it looks to take market share during the next less-than-truckload upswing.
Old Dominion Freight Line beat first-quarter expectations on Wednesday but lowered its capex budget as demand weakness lingers.
Tesla had revenue of $19.3 billion and earnings of 27 cents per share in the first quarter.
Forward Air on Monday updated its first-quarter expectations for a second time.
Logistics warehouse operator Prologis reiterated its 2025 guidance on Wednesday but noted that uncertainty around a volatile trade landscape has customers delaying leasing decisions.
Logistics real estate investment trust Prologis beat first-quarter expectations and maintained its full-year 2025 outlook but noted “policy uncertainty is making customers more cautious.”
J.B. Hunt Transport Services said it’s remaining rate-disciplined on the intermodal front, allowing some business to walk as it works to improve yields and margins in the segment.
J.B. Hunt Transport Services’ first-quarter earnings result came in ahead of recently lowered forecasts.
Freight data from Cass Information Systems shows the industry closed the first quarter on a down note.
Forward Air said Wednesday that 10% to 15% of last year’s revenue would have been impacted by the new tariffs.
Less-than-truckload stocks bore the brunt of Liberation Day tariffs, falling 18% on average following the announcement and adding to an already down year.
Susquehanna Financial Group lowered its earnings forecasts for the truckload, intermodal and logistics companies it follows.
Evergreen Marine Corp., the world’s seventh-largest box carrier, saw revenue and profits climb in 2024.
Yang Ming Transport Corp. said the Red Sea crisis and emerging Asian markets helped profit soar by nearly $2 billion in 2024.
Container terminal operator DP World reported record revenue in 2024 but weaker overall profit.
ArcBest said it added more truckload freight in February to stem the volume declines at its less-than-truckload business.
Deutsche Bank relaunched coverage of the transportation space on Friday with a strong bias toward companies most likely to benefit from a pickup in the industrial economy.
Supply chain software provider Descartes is benefiting from a quick-changing tariff environment.
Less-than-truckload carrier XPO’s February tonnage decline isn’t as bad as the headline result suggests.
Less-than-truckload carriers Old Dominion and Saia maintained their respective growth strategies in February while both await a market turn.
Forward Air has largely finished the integration of Omni Logistics and now needs a much-improved demand environment to return margins to former levels and pay down debt.
Temperature-controlled warehouse owner Lineage Inc. said customer inventories have stabilized at lower levels but it again expects earnings to step higher in 2025.
Executives at some of the nation’s largest truckload transportation providers are seeing incrementally positive signs that the market is turning.
J.B. Hunt Transport Services said it will focus on what it can control as the industry awaits a meaningful recovery.
Supply chain technology provider Trimble recorded a 6% year-over-year increase in transportation revenue during the fourth quarter to $206.8 million.
Cargojet is focusing more on charter business as e-commerce retailers and other companies seek dedicated airlift, which helped boost revenue more than 30% in the fourth quarter.
GXO Logistics Inc. saw solid growth in 2025 and could expand in North America through an acquisition.
GXO Logistics’ fourth-quarter revenue surged 25% year over year to $3.25 billion.
Truckload carrier Pamt Corp. recorded another loss during the fourth quarter.
Radiant Logistics’ fiscal second-quarter earnings beat was largely tied to one-time project freight.
Universal Logistics lowered its 2025 guidance due to headwinds in the intermodal market and expenses from a recent acquisition.
Amazon beat expectations for revenue and earnings for the fourth quarter, but it predicts slower growth in the next quarter.
Werner Enterprises highlights some favorable trends for the new year after a messy fourth quarter.
Universal Logistics Holdings reported a 19% increase in operating revenue to $465.1 million in the fourth quarter.
Werner Enterprises reported a big earnings miss in the 2024 fourth quarter due to outsize insurance claims.
Shares of less-than-truckload carrier XPO were up 9% in midday trading on Thursday following a fifth consecutive quarter of year-over-year margin improvement.
Less-than-truckload carrier XPO beat fourth-quarter earnings expectations Thursday before the market opened.
Old Dominion Freight Line is planning for a good 2025 back half and hasn’t given up on the first half yet.
Less-than-truckload carrier Old Dominion Freight Line beat fourth-quarter expectations Wednesday before the market opened.
Less-than-truckload carrier Saia reported better-than-expected fourth-quarter results on Monday.
ArcBest’s fourth-quarter results were ahead of analysts’ expectations but reflect a sluggish demand environment.
ArcBest beat fourth-quarter expectations Friday but noted that continued industrial weakness is weighing on its results.
Iowa-based truckload carrier Heartland Express reported a sixth consecutive quarterly net loss (excluding one-time gains) in its Q4 earnings report.
Schneider National points to some green shoots on its fourth-quarter earnings call.
UPS said it will cut the volumes it handles for Amazon by 50% over the next two years to boost profitability.
Schneider National’s initial take on 2025 earnings is largely in line with consensus expectations.
Tesla plans to begin mass production of its all-electric Class 8 Semi truck by the end of the year at its factory in Nevada.
Landstar System sees the truckload market as still in a transition period.
Landstar System missed fourth-quarter consensus on Wednesday and issued first-quarter guidance well shy of expectations.
Truckload carrier Heartland Express is hoping 2025 is the start of a turnaround.
Refrigerated carrier Marten Transport said it was encouraged with sequential improvement in metrics during the fourth quarter even as meaningful year-over-year deterioration continued.
Covenant Logistics Group officials are optimistic about the trucking market, expecting more freight by mid-2025.
Covenant Logistics Group reported 3% quarterly growth in freight revenue, “despite a challenging general freight environment,” Chairman and CEO David R. Parker said.
The Federal Motor Carrier Safety Administration’s Truck Leasing Task Force delivered a scathing report on lease-purchase programs managed by motor carriers in the trucking industry.
Knight-Swift Transportation wants to see more proof the truckload market has turned before it raises its outlook.
Logistics warehouse operator Prologis sees a positive inflection point nearing.
J.B. Hunt Transport Services reported record intermodal volumes for the fourth quarter, but shares sagged after the market closed Thursday as costs overshadowed the period.
J.B. Hunt Transport Services reported fourth-quarter results Thursday after the market closed.
Q4 earnings season has the potential to reveal actual progress and results for freight transportation companies, according to recent Morgan Stanley research.
Like numerous SPAC-backed transportation startups, Hyzon Motors has run out of money and plans to shut down.
A spinoff of FedEx Freight will give investors more options to play the less-than-truckload space.
FedEx said Thursday it will move forward with the separation of its less-than-truckload and legacy package delivery businesses.
XPO and Old Dominion reported tonnage declines in November, but both appear to be anticipating a market recovery.
Descartes reported record quarterly results Tuesday after the market closed.
Industrial data remains under pressure ahead of intraquarter updates from less-than-truckload carriers.