less-than-truckload carriers
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News
ArcBest continues trend of positive mid-quarter reports
ArcBest’s results for the first two months of the third quarter confirm recent positive updates provided by other less-than-truckload carriers.
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News
Analysts continue to raise the bar for trucking companies
Deutsche Bank’s Amit Mehrotra becomes increasingly bullish on the future of trucking. The analyst is forecasting earnings growth at the publicly traded carriers much higher…
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News
Less-than-truckload turning positive in August
The “less bad” trend may be over for less-than-truckload carriers. August updates from a couple of carriers show modest year-over-year improvement for the first time…
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Business
Mullen Group acquires cross-border carrier Pacific Coast Express
Mullen Group shores up its cross-border less-than-truckload business as it acquires the outstanding shares of British Columbia carrier Pacific Coast Express Limited.
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News
Treasury’s first explanation of YRC loan not enough
The commission overseeing pandemic loans has asked the Treasury Department for virtually every document that was used to grant struggling less-than-truckload carrier YRC a $700…
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News
Sluggish recovery in Cass freight data
Declines in Cass freight data continue to outpace the industry by a considerable margin. The firm sees improved results on the horizon.
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News
YRC ready to use ‘once-in-a-lifetime’ loan to replenish fleet
YRC management believes it will take four to six quarters to complete $400 million worth of equipment replacement.
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News
YRC Q2 loss better than expected
YRC Worldwide’s second-quarter loss came in ahead of expectations. The earnings call is likely to focus on the company’s path forward.
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News
ArcBest Q2 well ahead of estimates
ArcBest’s second quarter result, a $0.67 per share profit, was much better than analysts’ forecasts for a break-even performance. The company will restore salary and…
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News
Geofencing data: Less-than-truckload boost carries into June
Deutsche Bank geofencing data shows the less-than-truckload recovery off of an April bottom spills into June.
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