J.B. Hunt’s shares jump 12% on Q3 earnings beat
Shares of J.B. Hunt surged in after-hours trading on Wednesday after the company posted better-than-expected third-quarter results.
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.
Descartes missed fiscal second-quarter expectations Wednesday after the market closed.
Less-than-truckload carrier XPO’s third-quarter update showed a notable moderation in tonnage declines during August.
Truck broker Landstar System disclosed the outcome from a Texas jury trial on Wednesday and outlined other likely charges it faces in the third quarter.
Forward Air’s second quarter came in slightly ahead of analysts’ EBITDA expectations as investors await an update on a strategic review process that could result in the company changing hands.
One AI and tech-heavy, and the other is focusing on long-term growth.
GXO Logistics’ large committed revenue book along with a healthy pipeline of opportunities position it well for an upcoming change in executive leadership.
Cold storage warehouse operator Lineage Inc. lowered its 2025 outlook on Wednesday as high food costs are constraining customer inventories.
GXO Logistics announced better-than-expected results for the second quarter and raised its full-year outlook on Tuesday.
Amazon’s second quarter earnings beat Wall Street expectations, but the company provided mixed guidance for the third-quarter.
Less-than-truckload carrier XPO sees “a massive runway ahead” for its self-help initiatives even if the broader economy doesn’t cooperate.