Workhorse Group made progress toward scaling its electric truck business, but being shut out of California incentives dented revenue.
Cargojet wants to dump eight aircraft that were part of of its growth strategy and postpone converting two more aircraft into cargo jets as the weak cargo market shrinks profit margins.
Flatbed carrier Daseke reported an in-line third-quarter result Thursday but reduced its full-year guidance.
Hyliion Holdings is throwing in the towel on its Hypertruck ERX natural gas-electric powertrain to focus on generator technology.
Daimler Truck reported lower deliveries in Q3, a contrast to its major competitors who reported higher sales but warned of a coming slowdown.
Truck brokerage RXO beat third-quarter estimates Tuesday and said it will continue to expand its platform and take market share on the downside of the cycle.
Air Transport Services Group’s underperformance cost CEO Rich Corrado his job on Monday.
Schneider National missed third-quarter estimates Thursday and cut its outlook for the year by more than 20%.
Nikola’s recall cost burden and lack of production lead to a dismal Q3 earnings report but the company sees light ahead.
Cummins Inc. reported higher profits and sales in the third quarter as it generated record working cash but foresees Q4 pullback.
Werner Enterprises reported a worse-than-expected result for the third quarter as margins in both its trucking and logistics segments deteriorated from the second quarter.
Supply chain technology provider Trimble posted impressive Q3 results but said transportation revenue could slow down in the next quarter.
Forward Air will primarily focus on less-than-truckload opportunities moving forward as it tries to exit a burdensome merger agreement.
Air Canada said it is taking a slower approach to adding cargo jets because there isn’t enough demand now to justify the investment.
Forward Air said it would accelerate a strategic review of its assets after missing third-quarter consensus and providing a weaker-than-expected fourth-quarter outlook.
XPO said Monday it plans to increase capital spending to respond to a tightening capacity dynamic following Yellow’s closure.
XPO reported a third-quarter-earnings beat on Monday as fallout from a competitor’s closure overshadowed a soft macroeconomic environment.
ArcBest’s less-than-truckload operation saw a meaningful step up in profitability in the third quarter as it remains selective on market share opportunities.
Universal Logistics Holdings released its third-quarter financial results on Friday, reporting year-over-year decreases in its trucking, intermodal and brokerage segments.
ArcBest reports a third-quarter earnings beat when adjusting for several one-off items.
