Radiant Logistics beats FQ3 expectations
Third-party logistics provider Radiant Logistics beat quarterly expectations on Monday.
Third-party logistics provider Radiant Logistics beat quarterly expectations on Monday.
The U.S. Postal Service made strides in the second quarter reducing heavy losses, but has a long way to go to become profitable.
Forward Air’s stock was off more than 40% on Friday after it said it may lose a large customer and that a take-private bid for its entire enterprise had failed to materialize.
Trimble posted stronger-than-expected first-quarter earnings and lifted guidance amid growth in transportation software.
Temperature-controlled facility operator Lineage said the market is stabilizing as customer food inventories return to normal levels.
GXO Logistics CEO Patrick Kelleher said Amazon’s new supply chain services validate — rather than threaten — the long-term growth opportunity in outsourced logistics.
GXO Logistics reported first quarter revenue of $3.3 billion, up 10.8% year over year.
Pamt Corp.’s first-quarter real estate gain helped offset a loss in its core truckload operation.
Universal logistics’ intermodal struggles overshadow contract logistics growth, pushing the company into a quarterly loss.
Schneider National said price renewals are currently at the highest levels since 2021 and that it expects to capture mid- to high-single-digit increases on one-way contracts this year.
Schneider National beat first-quarter expectations and reiterated its full-year earnings outlook.
Self-help initiatives at XPO are being met with better demand, pushing the less-than-truckload carrier’s financial results meaningfully higher.
Less-than-truckload carrier Saia’s margins appear to be turning the corner following a multiyear expansion.
XPO saw improving trends in its less-than-truckload unit during the first quarter, with margin improvement outpacing normal seasonal patterns.
Amazon’s first quarter revenues rises 17% during the first quarter to $181.5 billion, boosted by e-commerce sales across North America and Europe.
Old Dominion Freight Line said the less-than-truckload demand picture is improving.
Old Dominion Freight Line exceeded first-quarter estimates, noting freight demand improved as the quarter progressed.
Broker Landstar System said Tuesday that the truckload market is in the early stages of an upcycle, noting revenue per load is trending well ahead of normal seasonal patterns.
Werner’s Q1 results highlight early signs of a freight recovery, with rising rates and shrinking capacity setting up stronger earnings in the second half.
ArcBest is seeing some positive signs as carriers gain the upper hand in negotiations.