Less-than-truckload carrier XPO remains positioned to hit its third-quarter guidance after releasing its August operating metrics Thursday after the market closed.
July’s manufacturing data showed strength not seen in the past four years, a trend that bodes well for less-than-truckload carriers.
FedEx Freight was again a drag on FedEx Corp.’s consolidated results, which came in ahead of expectations.
An update from Old Dominion Freight Line showed volume and revenue declines slowed in February.
Less-than-truckload carrier Saia missed fourth-quarter expectations ahead of the market open on Tuesday.
Less-than-truckload carrier Saia reports tonnage improvement in November.
Less-than-truckload carrier Saia reported an acceleration in its volume metrics for May, sending its share price up 14% on Tuesday.
Less-than-truckload carrier Saia is the first company to provide an update on shipment trends for the fourth quarter, leaving at least one analyst “encouraged.”
Deutsche Bank geofencing data shows the less-than-truckload recovery off of an April bottom spills into June.
