Knight-Swift misses Q3 mark, dials back near-term outlook
Knight-Swift Transportation missed analysts’ forecasts for the third quarter and dialed down expectations over the near term.
Knight-Swift Transportation missed analysts’ forecasts for the third quarter and dialed down expectations over the near term.
Logistics warehouse operator Prologis lowered expectations for 2022 but remains confident that any macro-induced decline in fundamentals won’t keep rents from growing again next year.
Prologis posted record results during the third quarter but reeled in guidance given “an uncertain economic backdrop.”
J.B. Hunt Transport Services beat third-quarter expectations Tuesday but said that cooling freight demand will place greater scrutiny on cost control moving forward.
J.B. Hunt Transport Services beats third-quarter expectations on improved intermodal and dedicated results.
XPO Logistics issued long-term financial targets for its less-than-truckload segment and its brokerage unit, which will be spun off next month.
While earnings estimates remain largely intact for 2022, a September slowdown pushed analysts to take another look at 2023 forecasts.
Radiant Logistics will restate financial results for 2021 and the first three quarters of 2022, according to a filing with the Securities and Exchange Commission.
Daseke announced Friday a transition at the CFO position and that it expects to achieve its previously announced 2022 financial targets.
Less-than-truckload provider Forward Air continues to register notable revenue growth more than one year into freight swap.
Management teams from a couple of the nation’s largest fleets share their thoughts on peak season and rates during an investor conference.
More signs of slowing in the less-than-truckload industry appeared Thursday when ArcBest provided a third-quarter update.
Inflation, a pandemic and changing consumer behavior have culminated in dramatically different Q2 results across the e-commerce industry.
Daimler Truck posted improved revenue and income in Q2 but expressed full-year concerns because of Russia’s war on Ukraine.
Hyliion still depends on its hybrid electric booster for its revenue, but the orderbook expanded 11% for the Hypertruck ERX in Q2.
Shareholder letters and earnings call transcripts don’t qualify as page-turning vacation reading. But they say a lot.
Supply chain technology provider Trimble reported transportation revenue of $150 million for the second quarter.
Werner reported revenue of $836 million in the quarter and sees a strong “pipeline” of demand from customers for the remainder of the year.
Fleetcor Technologies Inc. on Wednesday reported revenues of $861 million in its second-quarter earnings.
On Jennifer Rumsey’s second day as CEO, Cummins Inc. reported strong Q2 earnings in North America.