flatbed

Fears of tariffs on lumber, other goods drive flatbed rejection rates to 3-year high.

The fourth quarter was a “disaster” at TFI International, and its CEO gave an update on how the Daseke acquisition is doing.

Daseke, known primarily for its flatbed operations, is now part of TFI International.

Flatbed and refrigerated truckload data suggests their markets may have floored for these two trailer types.

FreightWaves showcases SONAR flatbed data at the F3: Future of Freight Festival.

Texas-based flatbed carrier Daseke does not expect to see improvement in the freight market the rest of the year.

Flatbed capacity tends to be as erratic as its demand, making it harder to secure in general.

Through a data-driven approach, PGT Trucking proactively corrects unsafe driving behavior before an accident occurs, leading to improvements in driver safety, retention and efficiency.

Whether drivers are hauling lumber or this season’s most popular tech gadget, a transportation company must have a thorough and proactive approach to theft prevention to keep customer cargo and company assets safe.

Flatbed operator Daseke saw its debt rating upgraded by S&P Global Ratings.

When it comes to truck driver safety, one might assume that the majority of injuries are the result of vehicle crashes, but this is not always the case.

Commercial vehicle crashes often make front page news, but these accidents — and resulting injuries and fatalities — are actually on the decline.

By using a flatbed-specialized broker, shippers virtually eliminate the risk of their freight being matched with the wrong truck, causing unnecessary delays and damages.

Recent flatbed trucking deaths apparently caused by improperly secured loads shifting during hard braking highlights the need for proper training and safety measures.

Flatbed operator Daseke has received a mostly positive review from Moody’s, and the company’s management has responded with a bullish outlook for its trucking business.

A truck driver was killed in Louisiana on Monday when a load he was transporting on a flatbed trailer came loose and smashed into the cab.

Don’t fear flatbed shipments, give them a chance; Future of Supply Chain speakers; and the Port of Mobile gets a face-lift.

JLE Industries is considering a variety of solutions to help more than 70% of its customers satisfy their ESG mandates.

Flatbed and over-the-road drivers to see 70 cents per mile

The driver of a flatbed truck died Tuesday when the load he was hauling smashed through his cab and killed him.

CRST’s capabilities cross the full spectrum of freight, giving you access to a single partner for all of your transportation needs.

Flatbed’s much-needed technology face-lift, Chatbots and email bots as customer service tools, and harvest season wrap-ups.

Despite the significant drop in price, lumber remains an expensive commodity. Whether the price will continue to fall is uncertain.

The long time board member had been interim chief since early this year

CFO Thom Albrecht doesn’t think the lumber shortage has been “that big of a deal” for flatbed carriers.

The industrial sector is trying to recover faster than transportation can react. There are numerous factors limiting the economic recovery, illustrating that it is harder to turn production back on than off.

“They have been productive and have risen to the occasion. I really feel like the millennials were the ones that came of age with this pandemic,” said the EVP and COO of Melton Truck Lines during the FreightWaves’ Enterprise Fleet Summit.

The Home Depot, a current customer of Loadsmart, was happy to see the brokerage continue its commitment to bring freight optimization to its supply chain.

“Mid-Pacific gives us a West Coast presence and significant expertise in the open deck segment of the industry,” said Matt Ziegler, CEO of ZMac Transportation.

Although many questions remain for trucking in 2021, flatbed appears to be poised for a much stronger year.

Daseke receives a “positive” nod from ratings agency as its restructuring initiatives are being noticed.

Landstar System inches its fourth-quarter expectations higher but cautions that this trucking cycle may not be different from those in the past.

Truck broker Landstar System handily beats its guidance, which was raised in early September. The company posted its second-best third quarter ever.

Fleets placed 52,000 preliminary orders for new trailers in September, the third-highest month in history as pandemic-driven consumer goods demand continues unabated.

Anthony and Zach discuss the potential impact of Hurricane Laura to the freight market and bring on special guest Chris Bryant, a flatbed owner-operator, for insight on what is happening on the road.

Shares of Daseke surge 20% as the company’s overhaul appears to be ahead of schedule. Second quarter results were better than expectations.

Flatbed carrier Daseke’s turnaround starting to show fruits. Stock pops more than 15% on better-than-expected second quarter.

Deal brings PS just over 40 new power units

Flatbed carrier Daseke reported five weeks of volume improvement in its second quarter update. The carrier improved its liquidity position through the first two months of the quarter.

Jason Bates will fill the vacant CFO role at Daseke after three years in the same role at USA Truck.

All brokers from the acquired company will stay with Fitzmark.

Idle equipment can be placed in service to respond to COVID-19 emergency.

Daseke expects weakness in the industrial markets and oil and gas sectors to persist. Management said the environment was sequentially weaker in the first quarter.

Steel giant working to restore normal operations “as quickly as possible” as trucking companies report disruptions in freight from Canadian facility.

PS Logistics announces that it has completed the acquisition of Southeast Logistics.

Into its second decade of existence, Daseke pumps the brakes on acquisitions and attempts to streamline all that it has bought.

Anthony and Zach, along with special guest Donny Gilbert, take a deeper dive into the freight market trailer pool and discuss the types of freight they haul, their characteristics, and their place in the broader market. Additional topics include another California regulation, coronavirus, and the surprising jump in the PMI.

Daseke updates guidance, lowering the expected fourth-quarter loss. The company’s restructuring remains on track.

Freight All Kinds: Logistics of commercial construction looks at the shipment of commercial building materials and the “carriers” moving them.

President and chief operating officer, Michael Gettle, who assisted in the corporate restructuring is leaving the company.

The housing and construction sectors are showing signs of life, giving truckers a rare hint of optimism for the coming months.

Daseke, Inc. reports a large loss amid operational restructuring and weaker flatbed demand. The company announces new initiatives as its reorganization continues.

Daseke eliminates the role of president as it increases and accelerates its cost savings initiatives. The company will continue to search for a new CEO and begin looking for a new CFO.

Canadian logistics software company purchases U.S. firm whose TMS suite specializes in flatbed moves in North America and the EU.

Don Daseke steps down as Chairman of the Board and Chief Executive Officer as the restructuring continues.

A major accident in 2018 led to a spike in insurance premiums for Carney Trucking, an increase the company just couldn’t absorb.

Daseke lowers its full-year 2019 outlook citing worse than expected results in its flatbed division.

FreightWaves is providing a forum – Market Voices – for a number of market experts.  Last week I wrote about why the ongoing decline in lumber shipments and the ongoing decline in housing starts should be a growing concern, and that continued contraction in this industry had several significant waves of secondary and tertiary economic […]

The largest flatbed, specialized transportation and logistics solutions company in North America, Daseke, Inc. (NASDAQ: DSKE), reported first quarter 2019 adjusted earnings per share of $0.03, compared to the consensus estimate of a loss of $0.09 per share. Management held a conference call to discuss these results with analysts and the media. On the call, […]

Daseke, Inc. (NASDAQ: DSKE), the largest flatbed, specialized transportation and logistics solutions company in North America, reported first quarter 2019 adjusted net income of $1.8 million in the period, $3.8 million lower year-over-year, or $0.03 per share, compared to the consensus estimate of ($0.09) per share. Revenue increased 32 percent year-over-year to $433 million, up […]

Landstar’s President and Chief Executive Officer Jim Gattoni said that he is “comfortable” with the current full-year consensus EPS estimate of $6.41.

Landstar System, Inc. reported first quarter earnings per share (EPS) of $1.58, compared to the consensus estimate of $1.51 and $0.21 higher than the 2018 first quarter.

The facility will be capable of producing approximately 1.2 million tons of steel plate products per year. Nucor expects the plant to be fully operational by 2022.

Manufacturing numbers are not looking as robust after a booming early 2018. The flatbed freight market may be in line for a big correction as well.

BlueGrace Logistics celebrated its 10-year anniversary on February 22. Founded in 2009 with only eight employees, the company currently has 600 employees and is one of the largest third-party logistics (3PL) providers in the United States.

We look at the top freight markets broken down by flatbed, dry van, and reefer van.

Spot flatbed lanes in the oil field are more volatile and priced at a premium to national averages. They’re closely correlated to fracking activity in the Permian Basin, which is why we keep a close eye on oil prices and production.

We talked to freight brokers at LYNC Logistics, Arrive Logistics, and MoLo Solutions about whether recent softness in flatbed demand signaled a return to normal seasonality, and where unexpected opportunities might be hiding.

The company is not turning its back on acquisitions forever but thinks it needs to digest the heavy slate of companies it has bought since the middle of 2018.

East coast bound containers from China are getting a pre-holiday discount as shippers increase volume to North America in front of tariff increases.

West Coast ports post strongest volumes ever; Norfolk Southern is moving to Atlanta; flatbed tender rejections stay down; expect electric trucks in 2020; pregnant XPO Logistics warehouse workers suffer miscarriages; E2open buys Inttra; Iraq produces more oil but can’t rebuild.

Demand for flatbeds always drop off this time of year, but is this a sign of a broader industrial slowdown?

Probably to no great surprise to attendees in the room, American Trucking Associations’ Chief Economist Bob Costello painted a very positive picture of the current and near-term freight environment during the ATA’s 2nd Annual Economic Summit last week in Washington, DC.

All three modes of truckload freight are reflecting an environment in which demand exceeds capacity by a wide margin, which sets up for continued strong contract pricing.

Seven acquisitions in the past year have nearly doubled Daseke Inc.’s topline revenue; Aveda Transportation in particular is a high-performing division commanding rich per-mile rates.

Maverick Transportation LLC, is excited to announce it has joined the Blockchain in Transport Alliance (BiTA).

Sales of new single-family homes beat expectations in May as a surge of sales in the South helped offset softness in other areas of the country. This serves as a sign that construction activity should remain strong, though other downstream industries face challenges.

The lumber markets have not cooled off since we last covered them in March: futures prices are still breaking records because of a Canadian rail capacity crunch, and flatbed rates in the Southeast are climbing right along with them.