Landstar says 2 more quarters before recovery
Landstar System said Thursday that a recovery won’t likely occur until summer.
Landstar System said Thursday that a recovery won’t likely occur until summer.
Broker Landstar System announced Monday after the market closed that its CEO Jim Gattoni will be stepping down early next year.
Trucking industry leaders said at an investor conference that the weak truckload fundamentals seen in the third quarter have continued through the fourth.
Freight broker Landstar System told analysts on a Thursday call that it expects the current freight downturn to last eight quarters, not six as previously hoped.
Truck broker Landstar issued worse-than-expected third-quarter guidance Thursday and said most metrics are still underperforming normal seasonal trends.
Two completely different approaches taken by two different circuit courts over broker liability could result in another trip to the Supreme Court on the issue.
3PL RXO has had its outlook dropped to stable by S&P, but its debt rating held steady.
Freight broker Landstar cut its second-quarter revenue and earnings guidance as volumes and revenue per load were worse than expected halfway through the period.
Freight broker Landstar System sees a big earnings falloff from the all-time high established a year ago.
The potential widening of broker liability in the Miller case against C.H. Robinson is creating fears among 3PLs, but attorneys see a potential reversal.
Freight broker Landstar System sees a rocky road in the first half of 2023, with normal seasonality returning by summer.
RXO, spun off Nov. 1, released its third-quarter earnings to the SEC for its first stand-alone numbers.
Broker Landstar System reported another strong performance in the third quarter. However, the company now comps to the peak of the freight boom.
Broker Landstar System missed second-quarter expectations but noted pricing metrics are holding firm.
Freight broker Landstar System announces another change at CFO.
Es el tercer jefe de finanzas en año y medio
Management from Landstar System is predicting “another great year” even as spot market fundamentals loosen.
Venerable index gets shellacked as freight issues fall hard.
The company says its U.S.-based agency with eastern Ukraine operations faces severe disruptions due to fighting in the region.
Freight broker Landstar closes 2021 with another beat-and-raise quarter. Demand has yet to buck normal seasonal trends, indicating the first quarter will be strong as well.