Werner Enterprises has built a model to perform on the downside of the cycle. Management believes the carrier may be better positioned to do so than in the past.
Less-than-truckload carrier Yellow Corp. navigates second year of volume declines amid network overhaul.
Supply chain technology provider Trimble Inc.’s transportation revenue dropped 10% in the third quarter.
Heartland Express said recent fleet acquisitions will take three years to match the level of its legacy operations.
Forwarding income from operations was nearly cut in half and truckload prices to customers fell by double digits year over year.
TravelCenters of America Inc. announced Tuesday it topped $2.8 billion in revenue for the third quarter.
ArcBest beats expectations in a noisy third quarter. Tonnage declines and cost inflation during the fourth quarter will put the model to the test.
Truckload carriers prepare for the other side of the freight boom.
Less-than-truckload carrier Saia slightly missed third-quarter expectations and noted volumes softened as the quarter progressed.
XPO Logistics’ third-quarter results were at the high end of preannounced ranges. The fourth-quarter outlook calls for continued growth but with some cost pressures.
Daimler Truck now thinks it will earn more money in 2022 because parts shortages are improving and its backlog-to-build schedule is shrinking.
Schneider National beat expectations for the third quarter but pulled in guidance as peak season is likely to be “muted.”
Forward Air highlights several growth opportunities that will push results higher again in 2023 even if the economy slows further.
Kuehne+Nagel is the largest logistics company in the world. It sees opportunities to capture more business as shipping demand falls.
Trailer and final-mile equipment maker Wabash crushed third-quarter earnings estimates and built its backlog for a rainy day.
Old Dominion said Wednesday that it’s likely more than half way through this volume downturn.
The maker of Kenworth, Peterbilt and DAF Trucks reported record Q3 net income on strong across-the-business performance.
Truckload carrier P.A.M. Transportation Services reported better-than-expected third-quarter results on Thursday after the market closed.
Volvo Group posted solid Q3 results but said ongoing supply chain issues will cause shutdowns and raise prices.
Broker Landstar System reported another strong performance in the third quarter. However, the company now comps to the peak of the freight boom.
