BofAML shipper survey: capacity will stay loose, rates will stay flat
2019 is shaping up to be the worst year for trucking in the past five years.
2019 is shaping up to be the worst year for trucking in the past five years.
Eroding fundamentals in the truckload carrier market have led analysts to lower their earnings estimates for the carriers they cover.
Input from transportation partners shaped food giant’s distribution centers, with the aim of keeping drivers there are little as possible.
The negative data and commentary centered on the lack of a seasonal increase in demand is forcing analysts to meaningfully lower earnings estimates and the outlook for the sector.
The Trucking Alliance urges action on federal hair-testing guidelines
Truckload carrier stocks have held up through the last six trading sessions, walking through a couple of potential body blows.
Knight-Swift Transportation reported adjusted earnings per share that were ahead of analysts’ expectations. FreightWaves was able to speak with David A. Jackson, Knight-Swift Transportation’s President and Chief Executive Officer.
Knight-Swift Transportation Holdings, Inc. (NYSE: KNX) reported first quarter 2019 adjusted earnings of $0.55 per share compared to analysts’ expectations of $0.52 per share.
FedEx Freight, J.B. Hunt, Schneider National among companies with the most non-preventable accidents identified so far by FMCSA.
Covenant Transport is the first enterprise carrier to lower guidance for Q1 on a numbers of headwinds, none of which are macroeconomic—yet.
10-year old lawsuit is win for contractors but driver classification issue remains largely unsettled.
Marten Transport and other public truckload companies could make a good stock investment if historical trends hold, says an analyst from Stephens.
Speed limiter regulations sat idling under Bush and Obama, so truck safety groups now look to Congress – and Trump – to put it in gear.
The operating ratio in every trucking segment of the company was improved and its outlook for 2019 is solid also.
Investors may be starting to come around to the idea that truckload carriers have another year of strong margins ahead of them.
The company’s stock took it on the chin for much of 2018 but the company said it had a strong fourth quarter.
Everyone knew the quarter was weaker than it had been. The question is how much. Stock prices have reflected a significant slowdown.
Initiative aims to keep good but rejected food out of landfills and onto plates.
Investment bank Stifel Nicolaus (NYSE: SF) thinks that publicly-traded truckload stocks are now an attractive buy, with higher earnings available at reasonable valuations. That’s just one takeaway from a raft of research released this week by Stifel and Morgan Stanley (NYSE: MS) as the banks look forward to what next year holds for transportation.
The Swift program will offer courses through Southern New Hampshire University.