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Schneider sees moderating demand, expects ‘constructive’ back half
Schneider National beat second-quarter expectations even with a precipitous drop in gains on sale.
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Large carriers still constructive on 2nd half
Commentary from the C-suites of trucking remains positive for the 2022 back half.
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Large truckload carriers say recent downturn not hurting them
Trucking executives at large fleets acknowledged a weakening spot market during the first-quarter earnings season but their ties to the contract market give them confidence.
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Trucking: Cowen cuts estimates over ‘growing concerns for carriers’
Cowen analyst lowers earnings estimates for truckers as data showing a loosening market mounts.
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U.S. Xpress sees freight moving at ‘fever pitch’ through at least H1/22
U.S. Xpress expects freight demand to stay strong in the first half of 2022. The trajectory from there could hinge on inflation.
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Driver pay hikes continue to roll in
Nearly a year and a half into a tight truck market and carriers continue to raise driver wages. Midwest Carriers and CFI are the latest…
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Economics 101: Driver pay will keep moving higher
Truckload carriers have been raising pay for 18 months now to meet heightened demand. But when this trucking cycle cools, don’t expect wages to follow…
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Higher rates, gains produce record 2021 for Heartland Express
Heartland Express announced 2021 was its best year since going public. Fourth-quarter results were in line with consensus.
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Warehouse, transportation capacity tight with retailers potentially ‘over-ordering’
December supply chain numbers again show “significant expansion.” The Logistics Managers’ Index report questions whether retailers ordered too much for the holidays.
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Transportation, warehouse capacity lacking, costs soar in November
Growth throughout the supply chain accelerated in November with costs reaching all-time highs, according to the Logistics Managers’ Index.
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