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FreightWaves LIVE recap: Capacity, drivers and other challenges for trucking
Adam Miller, CFO of Knight-Swift Transportation and president of Swift Transportation, joins George Abernathy, president of FreightWaves, during Day 2 of FreightWaves LIVE @HOME to…
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Capacity correction still a ways off, trucking execs say
Commentary from trucking executives at an investor conference suggests the capacity crunch may last well into next year.
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Freight continues to flow in, capacity does not
Freight shipments continue to break records with little signs of slowing. The year-over-year comparisons get tougher in the back half of 2021 but the current…
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Schneider beats Q1 estimates, raises 2021 outlook
Schneider National’s first quarter comes in ahead of analysts’ expectations and the company raises its full-year outlook by 8% at the midpoint of the range.
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Werner raises rate-per-mile guidance
Werner Enterprises reported a first-quarter record for operating income Wednesday after the close. Revenue-per-mile guidance in its one-way segment moved higher.
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Trucking’s tailwinds evident in first quarter
First-quarter earnings reports from truckload carriers highlight a booming freight market. A strong consumer, tight truck capacity and elevated rates appear the likely dynamics for…
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GP Transco hikes pay in ‘major’ way for company drivers
GP Transco is the latest carrier to raise driver pay. Base pay alone for company drivers moves 15% higher.
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Heartland Express to raise driver pay again; slight miss in Q1
Heartland Express reported a slight miss on first-quarter earnings expectations Wednesday. The carrier pointed to relative strength in March as it exited the quarter, noting…
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‘Even stronger summer than last year’ sends driver pay higher
Driver pay continues to step higher as truck capacity remains very tight and consumer spending high.
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Analysts all in on transportation; spending on services no threat
Two bullish equity research reports this week on transportation stocks both highlight expectations around consumer spending and what that means for freight demand.
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