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.
Growth throughout the supply chain accelerated in November with costs reaching all-time highs, according to the Logistics Managers’ Index.
Truckload carrier U.S. Xpress expects a hot freight market to carry through the end of the year but cautions consumer headwinds are mounting.
October data from Cass shows supply chain bottlenecks and capacity shortages continue to subdue shipment growth. However, the condition led to another jump in rates.
An October supply chain survey shows transportation capacity falling at a faster pace while freight rates keep stepping higher.
Notable cost headwinds around driver sourcing and equipment downtime weighed heavily on Werner Enterprises’ third-quarter results. But the carrier still raised long-term margin expectations.
Management from Schneider National told analysts on its third-quarter earnings call that current truckload fundamentals should carry through the end of 2021 and well into next year.
A look at how Knight-Swift Transportation blew past third-quarter expectations and raised its full-year guidance.
Carriers have overcome notable cost inflation and disruption to post better-than-expected results so far in the third-quarter earnings season.
Heartland Express beats expectations in the third quarter with the help from gains on sale.
Supply chain constraints are keeping a lid on freight volumes while rates continue to reach new highs, according to September data from Cass Information Systems.
