Kuehne + Nagel continued profit growth in Q2 by charging customers more for extra service to keep supply chains fluid.
Covenant Logistics Group’s truckload revenue increased 29% year over year to $218 million, despite unprecedented cost inflation and higher insurance costs.
Truckload carrier Heartland Express said it expects freight demand to exceed its available capacity for the rest of 2022.
Triumph Bancorp posts strong second-quarter financial results while remaining “cautiously optimistic” for a relatively flat trucking and transportation market through the end of 2022.
Broker Landstar System missed second-quarter expectations but noted pricing metrics are holding firm.
Knight-Swift Transportation rode higher revenues and better margins in all of its divisions to a beat-and-raise second quarter.
J.B. Hunt Transport Services beat second-quarter expectations despite persistent rail congestion and supply chain bottlenecks.
J.B. Hunt Transport Services’ second quarter came in ahead of forecasts.
Temperature-controlled carrier Marten Transport rode higher yield metrics to a record quarter.
Logistics real estate investment trust Prologis on Monday pointed to some moderation in demand trends but pushed its full-year financial expectations higher.
