Forward Air touts Q1 achievements, investors await next steps
Forward Air’s first-quarter update provides investors with little insight into an ongoing strategic review of the company.
Forward Air’s first-quarter update provides investors with little insight into an ongoing strategic review of the company.
GXO Logistics’ first-quarter revenue increased 21% year over year to $3 billion.
OOIDA report challenges driver shortage narrative, argues turnover is the issue
Amazon officials said on Thursday tariffs are creating uncertainty for global online retailers.
Schneider National is still targeting 2025 as a growth year but not likely as robust as hoped due to trade uncertainty.
Schneider National posted a rare earnings beat in what was a tough quarter for transportation companies.
Less-than-truckload carrier XPO reiterated its outlook for margin improvement in 2025 even if the economy doesn’t cooperate.
Lineage Inc. had revenue of $1.29 billion and earnings per share of 86 cents in the first quarter.
Less-than-truckload carrier XPO is one of the few transportation companies to report better-than-expected results for the first quarter.
ArcBest said it’s still seeing a rational less-than-truckload pricing environment and expects a normal seasonal uptick in demand during the second quarter.
ArcBest reported a miss for the first quarter as it balances keeping its network full with finding decently margined freight.
Saia’s shares are getting punished as the company’s ambitious growth efforts have been derailed by a trade war.
Universal Logistics Holdings’ first-quarter revenue decreased 22.3% year over year to $382.4 million.
Less-than-truckload carrier Saia’s first quarter was much worse than analysts feared.
Universal Logistics Holdings reported a 22% decrease in revenue and an 88% drop in earnings per share in the first quarter.
Covenant Logistics Group said economic uncertainties may push back freight market improvements.
Pamt Corp. reported a sixth straight operating loss in its truckload business during the first quarter.
Knight-Swift Transportation said some customers are delaying decision making and others are drawing down inventories as the market awaits some resolution on U.S. trade policy.
Covenant Logistics Group’s first-quarter revenue declined 3% year over year to $269.4 million.
Knight-Swift Transportation lowered its second-quarter outlook and didn’t provide third-quarter guidance due to a “fluid trade policy,” which is weighing on customer decision making.