Knight-Swift eyeing margin improvement in 2026
Knight-Swift Transportation outlines a path to margin recovery in 2026 following a fourth quarter that was worse than expected.
Knight-Swift Transportation outlines a path to margin recovery in 2026 following a fourth quarter that was worse than expected.
Knight-Swift Transportation misses fourth-quarter expectations.
Less-than-truckload rates hit a new high in the fourth quarter while the truckload market displayed “tentative signs of recovery.”
Less-than-truckload carrier Estes Express Lines provided an update on recent capital investments on Thursday.
Struggling Midwest regional less-than-truckload carrier Standard Forwarding Freight is shutting down operations while it evaluates its options.
Weak shipment counts have pushed profit expectations lower at FedEx Freight.
Old Dominion Freight Line’s November update showed modest improvement from October.
Less-than-truckload carrier Saia reports tonnage improvement in November.
ArcBest reported improvement in revenue trends during November but reiterated its expectation for margin erosion in the fourth quarter.
XPO’s fourth-quarter update showed less-than-truckload trends largely in line with the company’s prior guidance.
Bankrupt Yellow Corp. has settled its withdrawal liabilities with 14 multiemployer pension plans.
A final plan for distributing bankrupt Yellow Corp.’s remaining assets, valued at over $600 million, received approval on Monday.
Freight shipment declines widened in October, Thursday data from Cass Information Systems showed.
Bankrupt Yellow Corp.’s estate is nearing a final distribution plan.
Specialized less-than-truckload carrier XGS has been acquired by LRT Group.
Yellow Corp.’s breach-of-contract lawsuit against the International Brotherhood of Teamsters has been reinstated by a federal appeals court.
Management at Forward Air announced on Wednesday, in conjunction with its quarterly report, that a strategic review, which could include the sale of the company, remains ongoing.
ArcBest flagged margin concerns heading into the seasonally weakest part of the year.
ArcBest beat expectations for the third quarter but flagged significant margin deterioration in its asset-based unit in the fourth quarter.
XPO once again reported significant margin improvement in the third quarter, despite a soft less-than-truckload market.