The Federal Motor Carrier Safety Administration’s Truck Leasing Task Force delivered a scathing report on lease-purchase programs managed by motor carriers in the trucking industry.
Knight-Swift Transportation wants to see more proof the truckload market has turned before it raises its outlook.
Susquehanna has upgraded JBHT, KNX, CHRW and HUBG to “Positive.”
Trucking M&A was off again in 2024, but the year saw some notable transactions and provided insight on a couple of major spinoffs on the horizon.
Regulators are modifying their truck-crash data system but without a change owner-operators contend would have ensured drivers are not unfairly targeted.
ATA economist Bob Costello cites macroeconomic “return to normalcy” as a promising sign for trucking amid stagflation and private fleet growth.
Knight-Swift Transportation beat third-quarter expectations and provided some positive anecdotes around recent demand and pricing trends.
Knight-Swift Transportation beat the third-quarter consensus estimate but provided a mixed earnings outlook for the next two quarters.
Werner’s Q2 earnings saw worsening financial conditions but improving freight market conditions and signs of capacity tightening.
Knight-Swift announced its third less-than-truckload acquisition on Tuesday, purchasing Los Angeles-based Dependable Highway Express for an undisclosed sum.
Regulators pushing to make the electric truck transition go faster are getting pushback from a range of industry stakeholders.
Recent reports from Ryder System and Knight-Swift highlight significant total cost of ownership and poor range for electric trucks.
The bleak first quarter of 2024 looks much like 2023 for freight brokerages.
Pam Transportation Services joined other carriers Thursday, reporting a poor start to 2024.
J.B. Hunt and Knight-Swift reported higher pressure from customers to cut contracted rates in Q1 bids in an effort to extend savings before the market’s eventual turnaround.
First-quarter earnings estimates for truckload carriers have been reeled in again as the industry awaits a meaningful turn in the cycle.
Knight-Swift President and CEO David Jackson stepped down Tuesday after a nearly 24-year tenure at the company that saw many mergers and acquisitions, including an expansion into the LTL market.
2023 brought two large truckload acquisitions, several less-than-truckload carriers picking through a bankrupt carrier’s assets and no resolution to a $3.2 billion merger attempt, among other transactions.
Knight-Swift Transportation beat lowered third-quarter expectations Thursday and said the market appears close to a tipping point.
Earnings estimates for truckload and less-than-truckload carriers get a notable negative revision at Morgan Stanley.
