company earnings
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Yellow’s Q2 volumes fall again amid network overhaul
Less-than-truckload carrier Yellow Corp. reported another drop in tonnage during May as its terminal rationalization continues.
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Old Dominion update points to strong Q2
Old Dominion Freight Line reported a continuation in positive revenue, pricing and tonnage trends during May.
Read More » - Modern Shipper
American Eagle steps up bid to become the ‘anti-Amazon’
With logistics subsidiary Quiet Platforms, American Eagle is developing a unique strategy to help retailers compete with Amazon.
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LTL stocks the real loser in market sell-off
The high-flying darlings of 2021, less-than-truckload stocks are finding their way back to earth quickly this year.
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Large carriers still seeing strong demand midway through Q2
Freight demand trends in a softening market continue to be bifurcated with large fleets remaining unscathed so far.
Read More » - Top Stories
Target earnings fall short as supply chain struggles persist
Target Corp. reported Q1 2022 earnings before the bell Wednesday, turning in weaker-than-expected numbers.
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Yellow Corp. says terminal closures won’t hurt freight capacity
Yellow Corp. executives told analysts that the company’s plan to close and consolidate terminals won’t reduce capacity in its network.
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Radiant Logistics: ‘We’re still seeing good volumes’
Multimodal transportation provider Radiant Logistics reported record results again during its fiscal quarter ended March 31. Demand still remains healthy throughout its network.
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Universal Logistics beats in Q1, ups expectations for 2022
Universal Logistics saw improvement across all of its asset-light segments during the first quarter. Its updated guidance may prove conservative.
Read More » - Company earnings
Fleetcor revenue increased 30% YOY for 2nd quarter in a row
Fleetcor’s reported first-quarter earnings Thursday include a steady retention rate of 93%.
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