USA Truck’s third-quarter performance was something management had been foreshadowing for the last few quarters. They were adamant that earnings would improve if the market would cooperate.
Reefer carrier revenues are expanding rapidly as capacity tightens faster for the temperature-controlled segment of trucking.
Many expected a worse outcome for carriers in March as a result of the COVID-19 outbreak. Ironically, the pandemic may have padded some 1Q results.
The key metric “net revenue per truck per week” is explained by Chris Henry.
Should you own your own heavy duty truck or consider leasing?
The boundary between spot and contract pricing is always shifting, especially when freight markets are volatile.
