company earnings

A first look at less-than-truckload carrier Saia’s second-quarter earnings report.

Covenant Logistics Group sees improvement in the overall freight market but not enough for a 2024 recovery.

Heartland Express’ Q2 earnings saw a net loss of $3.5 million as it works to improve its operating ratio and profitability

Truckload carrier Pam Transportation Services lost money again in the second quarter but said it saw signs of an improving freight market as the quarter closed.

Knight-Swift Transportation said the trough of the freight cycle has likely passed and that it is now focused on growing its less-than-truckload business.

Covenant Logistics Group posts second-quarter revenue of $287.5 million and adjusted earnings of $1.04 cents per share.

Old Dominion Freight Line beat second-quarter expectations Wednesday as it continues to ready its network for an improving freight economy where it plans to win market share.

Tesla has paused plans for a factory in Mexico amid a 43% drop in second-quarter profit.

Truckload carrier Heartland Express reported another quarterly net loss on Tuesday and said improvement in the freight market will not likely occur until 2025.

Logistics warehouse operator Prologis said uncertainty around interest rates and the political landscape should be resolved in the coming months, clearing a path for a more constructive 2025.

Logistics real estate landlord Prologis noted “subdued” but “improving” demand in its second-quarter report issued Wednesday.

J.B. Hunt missed second-quarter expectations Tuesday as soft freight demand and costs associated with carrying the capacity needed to meet future demand weighed on the period.

J.B. Hunt missed second-quarter expectations as volumes remained weak across all modes, expenses remained elevated and intermodal yields declined.

Forward Air’s review of the first quarter shows the company has a little more breathing room to upcoming debt covenants.

Parcel analyst Satish Jindel predicts FedEx will opt later this year to spin off the Freight unit to the public market.

ArcBest’s efforts to improve freight mix are producing big swings in its operating metrics, a May update revealed.

Less-than-truckload carrier XPO reported a modest increase in volumes during May, but yields took a notable step higher.

Old Dominion’s volume metrics continue to lag peers, largely by design.

Supply chain services provider Descartes reported improved fiscal first-quarter results.

A couple of truckload carriers provide an update on recent trends following a slew of poor first-quarter reports.