Radiant Logistics reported an in-line result for its recent fiscal quarter and said the market has moved off the cycle bottom.
Corpay’s first-quarter fleet transaction revenue declined 15% year over year to $108 million.
Forward Air’s first quarter missed expectations, sending shares 30% lower in pre-market trading Thursday.
GXO Logistics achieved 6% revenue growth in the first quarter, despite challenging freight market conditions.
Supply chain technology provider Trimble’s first-quarter transportation and logistics revenue totaled $195 million.
Less-than-truckload carrier XPO says robust yield improvement is still on the horizon even after it laps easy post-Yellow repricing comparisons.
Less-than-truckload carrier XPO easily surpassed analyst expectations for the first quarter as significantly higher yields amplified modest tonnage gains.
LTL executives highlight shippers moving spillover LTL freight to full truckload amid market weakness and low rates.
Schneider National cut full-year earnings guidance by 25% but said contractual truckload pricing turned positive in the first quarter.
Engine maker and power distribution giant Cummins Inc. reported Q1 declines in two of five divisions, but a huge one-time gain juiced profits.
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.
