Cass TL Linehaul Index climbs amid shipment decline
December data from Cass Information Systems showed truckload rates continued to step higher as shipments moved lower.
December data from Cass Information Systems showed truckload rates continued to step higher as shipments moved lower.
J.B. Hunt Transport Services beat fourth-quarter expectations as cost reductions more than offset a revenue decline.
J.B. Hunt Transport Services beat fourth-quarter earnings expectations Thursday after the market closed.
Less-than-truckload rates hit a new high in the fourth quarter while the truckload market displayed “tentative signs of recovery.”
Activist investment firm Ancora Alternatives has led five separate change campaigns in the transportation industry and sees further opportunity to shake up the space.
Susquehanna said truckload’s supply side has the market set up for a recovery but demand will have to kick in at some point to prolong an upcycle.
Weak shipment counts have pushed profit expectations lower at FedEx Freight.
Heartland Express announced it will integrate and rebrand Contract Freighters, Inc. in an effort to stem a prolonged stretch of financial losses.
Temperature-controlled REIT Lineage projects the rollout of LinOS across approximately half of its warehouses will deliver $110 million in incremental EBITDA.
The next upturn in the trucking industry could be driven by the supply side, a pattern observed in the past three upcycles, according to a report released Monday by Morgan Stanley.
J.B. Hunt Transport Services declined to take a stab at what next year holds at an investor conference this week, but did emphasize that it’s “set up to win” regardless of what the new year brings.
Supply chain tech provider Descartes announced record quarterly results after the market closed on Wednesday.
Old Dominion Freight Line’s November update showed modest improvement from October.
Less-than-truckload carrier Saia reports tonnage improvement in November.
ArcBest reported improvement in revenue trends during November but reiterated its expectation for margin erosion in the fourth quarter.
XPO’s fourth-quarter update showed less-than-truckload trends largely in line with the company’s prior guidance.
When Home Depot reported earnings early this week, it gave us the first real signal about how freight could shape up heading into Q1. They told us the consumer wasn’t collapsing, but they also weren’t opening their wallets like they used to. Big home projects were getting delayed. DIY was soft. And inventory levels were […]
Werner Enterprises said it’s holding the line on dedicated capacity as the industry awaits a turn in the cycle.
Radiant Logistics outlined incremental revenue opportunities on a Monday quarterly call as its Navegate platform is expected to see wider customer adoption.
Universal Logistics Holdings reported a large headline net loss for the third quarter.