Less-than-truckload stocks bore the brunt of Liberation Day tariffs, falling 18% on average following the announcement and adding to an already down year.
Susquehanna Financial Group lowered its earnings forecasts for the truckload, intermodal and logistics companies it follows.
Evergreen Marine Corp., the world’s seventh-largest box carrier, saw revenue and profits climb in 2024.
Yang Ming Transport Corp. said the Red Sea crisis and emerging Asian markets helped profit soar by nearly $2 billion in 2024.
Container terminal operator DP World reported record revenue in 2024 but weaker overall profit.
ArcBest said it added more truckload freight in February to stem the volume declines at its less-than-truckload business.
Deutsche Bank relaunched coverage of the transportation space on Friday with a strong bias toward companies most likely to benefit from a pickup in the industrial economy.
Supply chain software provider Descartes is benefiting from a quick-changing tariff environment.
Less-than-truckload carrier XPO’s February tonnage decline isn’t as bad as the headline result suggests.
Less-than-truckload carriers Old Dominion and Saia maintained their respective growth strategies in February while both await a market turn.
Forward Air has largely finished the integration of Omni Logistics and now needs a much-improved demand environment to return margins to former levels and pay down debt.
Temperature-controlled warehouse owner Lineage Inc. said customer inventories have stabilized at lower levels but it again expects earnings to step higher in 2025.
Executives at some of the nation’s largest truckload transportation providers are seeing incrementally positive signs that the market is turning.
J.B. Hunt Transport Services said it will focus on what it can control as the industry awaits a meaningful recovery.
Supply chain technology provider Trimble recorded a 6% year-over-year increase in transportation revenue during the fourth quarter to $206.8 million.
Cargojet is focusing more on charter business as e-commerce retailers and other companies seek dedicated airlift, which helped boost revenue more than 30% in the fourth quarter.
GXO Logistics Inc. saw solid growth in 2025 and could expand in North America through an acquisition.
GXO Logistics’ fourth-quarter revenue surged 25% year over year to $3.25 billion.
Truckload carrier Pamt Corp. recorded another loss during the fourth quarter.
Radiant Logistics’ fiscal second-quarter earnings beat was largely tied to one-time project freight.
