company earnings
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News
Yellow’s tonnage trends lag peers again
Less-than-truckload carrier Yellow reported tonnage declines worse than its peers for the first two months of the third quarter. The carrier said it currently remains…
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News
Radiant Logistics posts record FQ4 results
Radiant Logistics announced it closed its fiscal year in record fashion on Thursday. The company will repurchase shares and pursue acquisitions as a means of…
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News
ArcBest sees August tonnage dip in efforts to bolster LTL service
ArcBest said Wednesday an August tonnage decline in its asset-based segment was done intentionally so that it could better service its core less-than-truckload customers.
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News
Old Dominion says share gains drive tonnage, revenue higher in Q3
Less-than-truckload carrier Old Dominion reported strong operating trends for the first two months of the third quarter. The carrier said it will continue to reinvest…
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Discount duress: Dollar Tree says high freight costs will dent earnings
Discount chain Dollar Tree expects the positive impact from heightened consumer demand to be totally offset by elevated transportation expenses this year.
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News
Heartland’s 50-cent special dividend 2nd by a carrier this week
Truckload carrier Heartland Express announced a 50-cent-per-share special dividend Friday. It was the second carrier to announce a special dividend this week.
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Landstar says Q3 better than expected so far; guidance raised
Truck broker Landstar System points to better-than-expected truck volumes and yield trends in the third quarter as reasons to raise its outlook.
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Electric Trucks
Slumping battery startup Romeo Power pays big to secure cell supply
Romeo Power locks in cell supply for its commercial batteries, paying a big price to assure it can answer demand from truck manufacturers.
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News
Lordstown Motors: Limited production of electric pickups starting in September
The company will build a limited number of trucks in the fourth quarter for validation and regulatory clearance.
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News
Workhorse reviews electric van designs, distances itself from Lordstown Motors
Workhouse Group is reviewing its electric delivery van designs to add cargo capacity and sold most of its stake in troubled Lordstown Motors.
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