Werner Enterprises restructuring one-way fleet
Werner Enterprises is taking steps to restore its one-way unit to profitability by reducing the fleet size and eliminating unprofitable freight.
Werner Enterprises is taking steps to restore its one-way unit to profitability by reducing the fleet size and eliminating unprofitable freight.
Amazon said its regionalized fulfillment network and expanding same-day delivery helped boost fourth-quarter results to $213.4 billion in net sales.
Werner Enterprises has begun restructuring its one-way fleet, a move announced alongside the reporting of its fourth-quarter results, which fell short of expectations.
XPO’s less-than-truckload tonnage was flat in January, breaking an 18-month stretch of declines.
XPO beat fourth-quarter expectations on Thursday.
Less-than-truckload carrier Old Dominion voiced optimism about a potential demand inflection but cautioned that this cycle has been full of false starts.
Uber Freight posted flat revenue in the fourth quarter, but achieved breakeven profitability for the first time in over three years.
Old Dominion Freight Line beat fourth-quarter expectations as cost management and yield hikes helped offset volume declines.
Truckload carrier Heartland Express reported another net loss.
ArcBest is cutting costs and improving processes as the market looks to shake off a prolonged downturn.
Transportation and logistics provider ArcBest missed fourth-quarter consensus expectations.
Covenant Logistics posted a Q4 loss, while highlighting fleet rationalization and balance-sheet discipline as key priorities for 2026.
Schneider National’s stock was down 16% in after-hours trading on Thursday following a worse-than-expected earnings report.
For the first time in Tesla’s history revenues fell year over year, as officials point to the Semi truck as a key future growth lever.
Broker Landstar System’s fourth quarter was negatively impacted by one prior and two recent tragic accidents.
Freight broker Landstar System will record several accident-related charges in the fourth quarter.
Knight-Swift Transportation outlines a path to margin recovery in 2026 following a fourth quarter that was worse than expected.
Knight-Swift Transportation misses fourth-quarter expectations.
Warehouse operator Prologis said vacancies have already peaked and it now anticipates rents will improve throughout 2026.
Logistics real estate investment trust Prologis reported fourth-quarter results that were in line with analysts’ expectations.