E-commerce, onshoring drive Q1 demand for Link Logistics
Logistics real estate operator Link Logistics continues to see favorable demand for space on the downside of the freight cycle.
Logistics real estate operator Link Logistics continues to see favorable demand for space on the downside of the freight cycle.
Amazon touts benefits of regional fulfillment and delivery model to help drive its first-quarter revenue to $143 billion.
Werner Enterprises missed first-quarter expectations Tuesday and lowered some components of its 2024 outlook.
ArcBest saw big first-quarter tonnage declines as it continued to swap transactional business for contract freight.
ArcBest missed first-quarter expectations on Tuesday.
Universal Logistics sees a potential uptick in trucking volumes and rates by the end of the year.
Saia and other less-than-truckload stocks sink for a second time in a week as quarterly reports disappoint.
Broker Landstar System’s first quarter showed the year-over-year declines are lessening while the trucking industry awaits an inflection to a prolonged freight recession.
Knight-Swift Transportation said Wednesday it will cut costs and focus the bulk of its investments away from truckload-related offerings in the near-term.
An in-line earnings report and tepid guidance from Old Dominion sent shares of less-than-truckload carriers lower Wednesday.
Heartland Express said Tuesday weak freight fundamentals led to another net loss during the first quarter.
Pam Transportation Services joined other carriers Thursday, reporting a poor start to 2024.
Prologis modestly reeled in 2024 expectations on Wednesday as it believes the recent demand weakness is tied to near-term uncertainties.
Logistics warehouse landlord Prologis modestly lowered expectations for 2024 on Wednesday.
Knight-Swift Transportation cuts its first-half forecast one day after a notable earnings miss from J.B. Hunt Transport Services.
J.B. Hunt Transport Services’ first-quarter earnings miss sent shares 6% lower in after-hours trading on Tuesday.
J.B. Hunt Transport Services reported a miss on first-quarter expectations Tuesday after the market closed.
Ahead of Q1 earnings reports, analysts are adjusting their earnings expectations for truckload companies as excess capacity continues to weigh down pricing and margins.
First-quarter earnings estimates for truckload carriers have been reeled in again as the industry awaits a meaningful turn in the cycle.
ArcBest reported another big tonnage decline in February as it continues to replace transactional freight with better-priced business from core accounts.