Trimble Inc. said its transportation segment performed well during the most recent quarter, with revenue increasing 1.4% to $195 million.
Lineage Inc. announced quarterly results Wednesday for the first time since becoming a public company.
GXO Logistics Inc. sees an upward trend in the global freight market in 2025, boosted by e-commerce.
Forward Air lowered full-year earnings guidance on Monday and said it wouldn’t address press reports that it is up for sale following a messy merger.
GXO achieved 28% revenue growth in the third quarter to a quarterly record of $3.16 billion, boosted by new e-commerce customers.
ArcBest sees weak trends in both its asset-based and asset-light segments during the third quarter.
E-commerce giant Amazon.com Inc.’s North American sales increased 9% year over year to $95.5 billion in the third quarter.
Hub Group reported year-over-year revenue decreases in its intermodal and logistics segments during the third quarter.
Less-than-truckload carrier XPO beat third-quarter expectations and outlined a plan for outsize yield and margin growth.
XPO beats third-quarter expectations, reporting 200 basis points of margin improvement in its less-than-truckload unit.
Truckload carrier Heartland Express reported another loss in the third quarter and said cost cutting alone won’t return it to profitability.
Truck broker Landstar System said Tuesday it expects no material lift in the freight market for the remainder of 2024.
Freight broker Landstar System missed third-quarter expectations Tuesday after the market closed and issued fourth-quarter guidance that was also light of consensus.
Universal Logistics Holdings officials said they expect operating revenues of $1.8 billion to $1.9 billion in 2025.
Pam Transportation said even though its third quarter was bookended by soft demand, it saw sequential improvement in operating trends.
Less-than-truckload carrier Saia’s less favorable freight mix and higher cost structure from a terminal expansion weighed on its third quarter.
Universal Logistics Holdings’ third-quarter financial results show year-over-year decreases in its trucking, brokerage and intermodal segments.
Covenant Logistics Group reports truckload revenue of $198 million in the third-quarter, despite a soft freight market.
ATA economist Bob Costello cites macroeconomic “return to normalcy” as a promising sign for trucking amid stagflation and private fleet growth.
Knight-Swift Transportation beat third-quarter expectations and provided some positive anecdotes around recent demand and pricing trends.
