XPO’s shares jump 18% on big Q4
XPO’s fourth quarter exceeded expectations, and the company provided robust pricing guidance for 2024.
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.
Truck broker Landstar is seeing normal seasonally weak trends so far in January, which is worse than what analysts were hoping for.
Heartland Express’ fourth quarter benefited from large gains from terminal sales, without which the truckload carrier would have seen another loss.
Old Dominion’s fourth quarter was largely in line with analysts’ expectations even as it takes on growth-oriented costs ahead of improvement in demand.
Link Logistics records another big year of final-mile property additions in 2023.
Sweden’s Volvo Group reported strong Q4 results but pointed to normalizing demand, code for lower sales already visible in slackening orders.
American Airlines’ cargo results in the fourth quarter were lackluster considering the industry experienced a mini-renaissance after hitting bottom in the summer of 2023.
Insurance woes weigh down Knight-Swift earnings. Reading tea leaves with Covenant Logistics’ Q4 results; evolution of cybersecurity in the supply chain with Antwan Banks
Knight-Swift Transportation reported a big fourth-quarter miss on Thursday, but management has hopes normal seasonality will return by spring.
Humble leadership at Paccar forgoes a victory lap its as profit streak reaches 85 years with regular dividends paid out since 1941.
Covenant Logistics Group said the freight cycle is bottoming out, and it expects the market to slowly improve over the next several quarters.