Schneider’s tough Q3 unlikely remembered if TL capacity resets
Shares of Schneider National sank on Thursday after it missed third-quarter expectations and lowered its full-year 2025 outlook.
Shares of Schneider National sank on Thursday after it missed third-quarter expectations and lowered its full-year 2025 outlook.
XPO beat third-quarter expectations as yield and operating efficiency initiatives offset a soft demand environment.
Old Dominion Freight Line remains focused on yield management and controlling costs as it awaits a reprieve from tonnage declines.
Belt tightening and higher yields helped Old Dominion Freight Line limit margin degradation in the third quarter.
Truckload carrier Pamt Corp. booked its fourth consecutive net loss in the third quarter.
Truckload broker Landstar System called out some positive catalysts on its third-quarter call with analysts on Tuesday.
The trucking industry is is seeing tightening capacity and regulatory crackdowns that will likely to set the stage for a market recovery in 2026, Covenant CEO David Parker says.
Knight-Swift Transportation’s third-quarter results and fourth-quarter outlook came in light of expectations on Wednesday.
Covenant Logistics Group reported a 30% drop in third-quarter profit amid higher operating costs and weaker truckload utilization.
Cost reductions at J.B. Hunt more than offset a soft demand environment in the third quarter.
Shares of J.B. Hunt surged in after-hours trading on Wednesday after the company posted better-than-expected third-quarter results.
Prologis sees signs that the logistics warehouse market is tightening, with the potential for rents to see outsized growth in the next upcycle.
Logistics real estate investment trust Prologis beat third-quarter consensus expectations amid “record leasing” activity.
Morgan Stanley lowered earnings expectations for publicly traded truckload and less-than-truckload carriers on Monday.
ArcBest talks up numbers at its first investor day since 2015.
Susquehanna analyst Bascome Majors cut earnings forecasts on truckload carriers for the rest of the year as fundamentals remain soft and peak-season expectations are subdued.
FedEx Freight’s spinoff is on track to be completed by June of next year.
Radiant Logistics’ fiscal fourth quarter results came in ahead of analysts’ expectations.
Less-than-truckload carrier Saia saw tonnage move back into negative territory in August as the manufacturing complex nears a third full year of contraction.
Old Dominion Freight Line reported Thursday that tonnage declines accelerated in August.