Landstar System
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Business
Susquehanna cuts transports price targets but anticipates good setup for spot-exposed brokers
Bascome Majors says contract rates will be under downward pressure for the rest of the year, but spot rates may…
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Truckload
DAT confirms May drop in spot volumes and pricing (with video)
The truckload spot market experienced another month of softness in May, confirming recent commentary that normal seasonality isn’t taking shape.
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Driver issues
Driver pay increases may leave spot-market fleets vulnerable (with video)
Trucking could get hit "very hard" by an economic recession, ATA warns
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Markets
Truckload stocks looking past upcoming tariffs
Truckload carrier stocks have held up through the last six trading sessions, walking through a couple of potential body blows.
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News
Landstar sees weakness in TL spot market, downplays Uber-Amazon impact on brokerage
Landstar announced that it may not be able to meet the low-end of its guidance range as truckload spot market…
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Company earnings
Landstar’s first quarter call reaffirms full-year expectations
Landstar’s President and Chief Executive Officer Jim Gattoni said that he is “comfortable” with the current full-year consensus EPS estimate…
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Company earnings
Landstar System sees first quarter results ahead of expectations
Landstar System, Inc. reported first quarter earnings per share (EPS) of $1.58, compared to the consensus estimate of $1.51 and…
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Company earnings
Landstar hits mark on fourth quarter results, but first quarter outlook is slower
Asset-light transportation manager sees results in-line with expectations, but softer rates coming up ahead.
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Economics
Goldman Sachs: trucking rates to peak in Q4, gradually decline in 2019
The investment bank issued a report this morning calling for one more spot rate peak in the fourth quarter, followed…
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News
Goldman Sachs: digital disruptors will compress brokerage margins
Goldman Sachs issued a report last week highlighting the risks to incumbent brokerages’ margins and market shares, with useful information…
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