company earnings

Less-than-truckload demand has taken another step lower, according to carriers attending the Stephens investor conference.

Radiant Logistics said Wednesday it needed more time to complete a restatement of financials and submit results to the SEC.

Flatbed hauler Daseke said its trucks remain “booked solid” and that it will look to use cost and efficiency initiatives to improve results again in 2023.

The $3.3 billion acquisition of Meritor Inc. took a bite out of Cummins’ Q3 earnings as did underperforming joint ventures in China.

Nikola Corp. is laying off 7% of its workforce and slowing electric production because making more increases the loss.

Logistics real estate operator Link Logistics said “broad-based demand” further narrowed vacancy rates and produced record lease spreads in the third quarter.

Werner Enterprises has built a model to perform on the downside of the cycle. Management believes the carrier may be better positioned to do so than in the past.

Less-than-truckload carrier Yellow Corp. navigates second year of volume declines amid network overhaul.

Supply chain technology provider Trimble Inc.’s transportation revenue dropped 10% in the third quarter.

Heartland Express said recent fleet acquisitions will take three years to match the level of its legacy operations.