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News
Wolfe Research conference focuses on a truckload restart
Recent stabilization in truckload markets with a recovery expected later in the year were some of the takeaways from Wolfe Research’s investor conference.
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Landstar reports 20% to 30% drop in dispatched loads during April
Landstar has seen volume declines accelerate in recent weeks and management believes that a recovery is unlikely until the automotive and building products segments resume…
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Cass data weak in February, truckload recovery expectations pushing outward
Virus-related demand headwinds bring fresh declines in February Cass data. Visibility into a potential trucking recovery is further clouded.
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Analyst lowers earnings forecasts, truckload hardest hit
Outlook for future improvement to earnings is still hazy as Morgan Stanley analyst lowers fourth-quarter estimates for most transportation companies.
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Knight-Swift cuts earnings outlook again
The biggest truckload carrier in the U.S. Knight-Swift cuts its fourth quarter 2019 earnings outlook again. The company plans to "revise" its first quarter 2020…
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