Management teams from a couple of the nation’s largest fleets share their thoughts on peak season and rates during an investor conference.
Schneider National beat second-quarter expectations even with a precipitous drop in gains on sale.
Commentary from the C-suites of trucking remains positive for the 2022 back half.
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.
Cowen analyst lowers earnings estimates for truckers as data showing a loosening market mounts.
U.S. Xpress expects freight demand to stay strong in the first half of 2022. The trajectory from there could hinge on inflation.
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 to announce increases.
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 in lockstep.
Heartland Express announced 2021 was its best year since going public. Fourth-quarter results were in line with consensus.
December supply chain numbers again show “significant expansion.” The Logistics Managers’ Index report questions whether retailers ordered too much for the holidays.
