Yellow sees tonnage plummet, books Q4 loss
Less-than-truckload carrier Yellow reported another large decline in volume leading to a fourth-quarter loss.
Less-than-truckload carrier Yellow reported another large decline in volume leading to a fourth-quarter loss.
XPO’s growth strategy includes a wider net for capturing volume, but the less-than-truckload carrier is adamant it will remain price disciplined.
XPO takes share in the fourth quarter, posting adjusted earnings ahead of consensus.
ArcBest’s fourth-quarter was worse than expected as the carrier manages through the downside of the less-than-truckload cycle.
Amid falling tonnage throughout the less-than-truckload complex, Old Dominion posts another large earnings beat.
ArcBest beats expectations in a noisy third quarter. Tonnage declines and cost inflation during the fourth quarter will put the model to the test.
Less-than-truckload carrier Yellow Corp. sees tonnage fall by mid-teen percentages in the first two months of the third quarter as it implements the first phase of its restructuring.
Less-than-truckload provider Forward Air continues to register notable revenue growth more than one year into freight swap.
More signs of slowing in the less-than-truckload industry appeared Thursday when ArcBest provided a third-quarter update.
Third-quarter updates from less-than-truckload carriers highlight a freight market that continues to slow.
ArcBest reported better-than-expected results again during the second quarter.
Forward Air raised its earnings expectations again. Management believes it has the ability to generate higher results even in a recession.
Less-than-truckload carrier Saia reports record results for the second quarter and said it has no plans of slowing its growth initiatives.
Old Dominion Freight Line’s 69.5% operating ratio during the second quarter was not only a company best but a best-ever result for a public carrier.
The high-flying darlings of 2021, less-than-truckload stocks are finding their way back to earth quickly this year.
Yellow Corp. executives told analysts that the company’s plan to close and consolidate terminals won’t reduce capacity in its network.
Management from ArcBest said positive yield actions are allowing it to keep reinvesting in the network, which will continue to improve service and margins.
ArcBest easily beat first-quarter expectations Friday. The positive revenue trends have carried through April.
Forward Air beat first-quarter expectations and pulled forward 2023 financial targets by a full year.
Less-than-truckload carrier Old Dominion beat first-quarter expectations Wednesday. The company moved one step closer to doing “something that they said couldn’t be done.”