Forward Air’s tonnage declines ahead of peers; March numbers improve
Forward Air said Tuesday that low-teens tonnage declines over the past few months have calmed in early March.
Forward Air said Tuesday that low-teens tonnage declines over the past few months have calmed in early March.
Germany’s Traton Group topped $42 billion in revenue for 2022 with Navistar contributing significantly to the top and bottom lines.
The Lordstown Motors Endurance electric pickup was delayed, subject to cost overruns and now faces a safety recall.
ArcBest’s first-quarter update bucks the less-than-truckload industry trend as tonnage increases and yields moderate.
Less-than-truckload carrier Old Dominion sees volumes drop again in February but notes the worst of it may be behind them.
Supply chain software provider Descartes sees retailers refilling shelves as 2023 progresses.
Workhorse Group is still cleaning up the mistakes of its recent past but is expressing optimism on 2023 production plans.
Hyliion Holdings is teaming up with financially struggling Hyzon Motors to develop a hydrogen-powered fuel cell version of its hybrid truck.
Nikola is still far from positive financial territory, but the integration of major components should help bring costs down.
Carrier Pam Transportation saw margin pressure in the fourth quarter as peak season didn’t materialize.
Radiant Logistics pushed back financial filings once again as it works to correct inaccurate timing of revenue and expenses in prior periods.
Less-than-truckload carrier Yellow reported another large decline in volume leading to a fourth-quarter loss.
XPO’s growth strategy includes a wider net for capturing volume, but the less-than-truckload carrier is adamant it will remain price disciplined.
FleetCor Technologies beat Wall Street quarterly revenue and earnings estimates and offers a positive outlook for 2023.
XPO takes share in the fourth quarter, posting adjusted earnings ahead of consensus.
Supply chain technology provider Trimble Inc.’s transportation revenue was $150 million in the fourth quarter and $604.2 million in 2022.
Management from Werner Enterprises parses through 2023 expectations on a Tuesday evening call with analysts.
Glenn Ellis was named the first American-born president and chairman of the Japan-based U.S. unit of Hino Trucks.
Daseke said Monday that supply constraints and cost inflation will again push flatbed rates to new highs in 2025.
Engine maker Cummins Inc. posted 2022 records in key financial metrics as it worked to integrate its Meritor acquisition.