As expected, Hub Group has received an official delisting notification from Nasdaq after missing a financial reporting deadline.
Trucking executives said this week that the regulatory crackdown on noncompliant drivers remains in the early stages, suggesting large carriers could continue to secure significant rate increases even under modest demand.
J.B. Hunt Transport Services warned late Tuesday that third-quarter earnings could fall 5% to 10% sequentially due to surging fuel and driver-related costs.
Radiant Logistics beat fiscal fourth-quarter expectations due to a solid performance in its international business and a tightening domestic surface transportation market, which is expected to more meaningfully boost results moving forward.
Descartes Systems Group reported another record-breaking quarter as the global trade environment continues to evolve.
ArcBest saw a modest acceleration in year-over-year tonnage growth during August as shipment weights surged.
Samsara’s transportation business accelerated for the third straight quarter as the technology company increased revenue 30%.
Less-than-truckload carrier XPO remains positioned to hit its third-quarter guidance after releasing its August operating metrics Thursday after the market closed.
August year-over-year tonnage growth accelerated for less-than-truckload carrier Saia, aided by a softer prior-year comparison than in July.
Old Dominion Freight Line’s August update showed an acceleration in yield growth, with volumes closing in on positive territory.
Revenue rose 26% to $27 million in the first half. Management expects 60–73% growth in the second half while scaling via partner trucks.
Truckload rates surged in July even as demand remained squishy, monthly data from Cass Information Systems showed.
Amid rising truckload rates, elevated fuel prices and a tightening driver market, J.B. Hunt has experienced a surge in intermodal conversion opportunities this summer.
Trimble’s transportation and logistics revenue rose 5% in Q2 as executives pointed to improving freight-market indicators.
Proficient Auto Logistics announced an acquisition that will double the size of its network, which operated unprofitably in the second quarter.
Forward Air reported its best quarterly performance since its early 2024 acquisition of Omni Logistics.
GXO Logistics reported higher second-quarter revenue and earnings, highlighted by its strongest quarter for new business wins in three years.
Lineage has idled 15 cold storage facilities since last year to address a pandemic-driven industrywide warehouse overbuild.
Truckload carrier Pamt Corp. is still culling its fleet to get back to profitability.
GXO Logistics posted its strongest Q2 in three years as revenue increased 4.3% year over year to $3.4 billion.
