Landstar’s Q2 misses mark; revenue per load steadies
Broker Landstar System missed second-quarter expectations but noted pricing metrics are holding firm.
Broker Landstar System missed second-quarter expectations but noted pricing metrics are holding firm.
Knight-Swift Transportation rode higher revenues and better margins in all of its divisions to a beat-and-raise second quarter.
J.B. Hunt Transport Services beat second-quarter expectations despite persistent rail congestion and supply chain bottlenecks.
J.B. Hunt Transport Services’ second quarter came in ahead of forecasts.
Temperature-controlled carrier Marten Transport rode higher yield metrics to a record quarter.
Logistics real estate investment trust Prologis on Monday pointed to some moderation in demand trends but pushed its full-year financial expectations higher.
Logistics warehouse owner Prologis reported in-line second-quarter financials Monday but full-year expectations were increased on “healthy demand.”
Less-than-truckload carrier Yellow Corp. reported another drop in tonnage during May as its terminal rationalization continues.
Old Dominion Freight Line reported a continuation in positive revenue, pricing and tonnage trends during May.
With logistics subsidiary Quiet Platforms, American Eagle is developing a unique strategy to help retailers compete with Amazon.
The high-flying darlings of 2021, less-than-truckload stocks are finding their way back to earth quickly this year.
Freight demand trends in a softening market continue to be bifurcated with large fleets remaining unscathed so far.
Target Corp. reported Q1 2022 earnings before the bell Wednesday, turning in weaker-than-expected numbers.
Yellow Corp. executives told analysts that the company’s plan to close and consolidate terminals won’t reduce capacity in its network.
Multimodal transportation provider Radiant Logistics reported record results again during its fiscal quarter ended March 31. Demand still remains healthy throughout its network.
Universal Logistics saw improvement across all of its asset-light segments during the first quarter. Its updated guidance may prove conservative.
Fleetcor’s reported first-quarter earnings Thursday include a steady retention rate of 93%.
DoorDash continues to reign supreme over Grubhub and Uber Eats as it expands its business into new categories like convenience and grocery.
Electric truck maker Nikola posted its first gross profit in Q1 and racked up orders backed by California incentives.
Supply chain technology provider Trimble reported record revenue for the first quarter of 2022.