Supply chain software provider Descartes said it continued to pick up market share on its way to another record quarterly performance.
Less-than-truckload carrier XPO is seeing some of the strongest volume growth in the industry.
Old Dominion Freight Line reported modestly better trends in February compared to January but noted the market remains soft.
Less-than-truckload carrier Saia said daily shipments were up 19% in February Monday after the market closed.
Analysts didn’t get the level of detail they were hoping for Thursday during Forward Air’s first quarterly call since its messy merger with Omni Logistics.
Forward Air’s fourth-quarter results sent shares lower in after-hours trading on Wednesday as investors hope a Thursday call will provide financial targets following a controversial merger.
Universal Logistics posted lower Q4 revenue in its trucking, intermodal and brokerage segments.
Trimble Inc. reported fourth-quarter transportation revenue of $194 million, boosted by strong sales in North America.
Radiant Logistics reported adjusted earnings ahead of consensus for its fiscal second quarter ended Dec. 31.
FleetCor reported fleet transaction revenue of $108 million in the fourth quarter, a 19% year-over-year decrease.
XPO’s fourth quarter exceeded expectations, and the company provided robust pricing guidance for 2024.
Werner Enterprises saw another step down in operations during the fourth quarter.
ArcBest continued to swap out spot freight for higher-margin shipments from core accounts during the fourth quarter.
$2 billion in fines and expenses from emissions-rigging slammed Cummins’ Q4 profit in a year of record revenues and cash generation.
ArcBest leveraged cost initiatives to beat the fourth-quarter consensus estimate.
Forward Air provided an update on January trends but made no mention of December numbers or who is currently in charge of recently acquired Omni Logistics.
Less-than-truckload carrier Saia will spend roughly 30% of its annual revenue buying terminals and trucks as it looks to take market share again in 2024.
Pam Transportation Services contends with an auto strike in addition to already depressed truckload demand during the fourth quarter.
Landstar System said Thursday that a recovery won’t likely occur until summer.
Schneider National reported a fourth-quarter earnings miss and a worse-than-expected 2024 outlook on Thursday.
