Rising insurance costs, which were flagged by most carriers on fourth-quarter calls, present a headwind to earnings, Morgan Stanley said Tuesday.
Schneider National reported a fourth-quarter earnings miss and a worse-than-expected 2024 outlook on Thursday.
Israeli tech startups count on losing some employees to military reserve duty. Many more are called during wartime.
J.B. Hunt provided a slightly more positive outlook at an investor conference on Wednesday.
Truckload carrier management teams are becoming more encouraged that freight markets are balancing.
Multimodal provider Schneider National reeled in its 2023 earnings outlook by roughly 13% on Thursday.
Schneider National announced it has acquired Massachusetts-based M&M Transport Services.
Intermodal executives from J.B. Hunt and Schneider are hopeful for improving demand in the second half of 2023 but acknowledge it’s still too early to tell.
Schneider National beat first-quarter expectations Thursday but lowered its full-year outlook as excess capacity lingers.
The partnerships with the two truck carriers for intermodal service will create new business opportunities for all three companies, CPKC officials said during the company’s first-quarter 2023 earnings call.
Schneider said Friday it will be a strategic intermodal carrier for the Canadian Pacific Kansas City rail line from Mexico to Chicago.
Schneider National provided better-than-expected fourth-quarter results Thursday, and its 2023 guidance also came in ahead of analysts’ expectations.
Los responsables de las empresas de transporte hablan de los próximos meses en la conferencia de inversionistas de Baird
Trucking executives are hopeful the first half of 2023 brings a cycle recovery.
Schneider National beat expectations for the third quarter but pulled in guidance as peak season is likely to be “muted.”
This week: J.B. Hunt launches a scholarship program for employee dependents and grandchildren, Maersk’s rainbow container is enjoyed by employees in Cape Town, South Africa, and Schneider receives its 14th Ride of Pride truck.
Management teams from a couple of the nation’s largest fleets share their thoughts on peak season and rates during an investor conference.
This week: Schneider driver becomes first woman to receive veteran Ride of Pride truck, FedEx celebrates 10th anniversary of Purple Eagle program and WIT releases latest diversity index report.
An appellate court reversed a lower court decision and found that a one-time Schneider independent contractor was actually an employee.
El tribunal de apelación revoca la decisión sobre el estatus de contratista independiente
