Analysts raise TL, LTL estimates ahead of Q2 earnings season
Trucking analysts are raising estimates ahead of the second-quarter earnings season, which begins next week.
Trucking analysts are raising estimates ahead of the second-quarter earnings season, which begins next week.
Less-than-truckload carrier Mountain Valley Express confirmed that is has ceased operations.
Manufacturing activity grew for a sixth straight month in June, providing another tailwind to an already supply-constrained trucking market.
A U.S. District Court ruled Monday that Yellow Corp. is not required to compensate Teamster employees for delayed layoff notices during its 2023 shutdown.
Amazon’s less-than-truckload business is unlikely to resemble that of the century-old legacy carriers.
ArcBest announced Monday a 5.9% general rate increase for less-than-truckload services, which is about six weeks ahead of the timing of its 2025 rate bump.
ArcBest raised operating income expectations for both of its business units.
Less-than-truckload carrier XPO seems set to exceed its second-quarter tonnage projection based on the company’s May update.
Old Dominion Freight Line’s May operating results saw a meaningful improvement from April, as less-than-truckload demand appears to be firming.
Saia is poised for significant tonnage increases as its prior-year comparisons ease and demand appears to be firming.
The nation’s largest less-than-truckload carrier, FedEx Freight, began trading as a standalone company on Monday.
After nearly three years of waiting, former Yellow Corp. employees could finally receive payment for unused vacation and accrued sick leave.
Less-than-truckload carrier Saia adds to its national footprint, opening new service centers in Washington and Indiana.
The board at FedEx has formally greenlit the spinoff of its freight division.
Forward Air’s stock was off more than 40% on Friday after it said it may lose a large customer and that a take-private bid for its entire enterprise had failed to materialize.
Self-help initiatives at XPO are being met with better demand, pushing the less-than-truckload carrier’s financial results meaningfully higher.
Less-than-truckload carrier Saia’s margins appear to be turning the corner following a multiyear expansion.
XPO saw improving trends in its less-than-truckload unit during the first quarter, with margin improvement outpacing normal seasonal patterns.
Old Dominion Freight Line said the less-than-truckload demand picture is improving.
Old Dominion Freight Line exceeded first-quarter estimates, noting freight demand improved as the quarter progressed.