TL carriers
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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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Heartland Express: ‘Volatile freight demand’ in H2 will exceed available capacity
Truckload carrier Heartland Express said it expects freight demand to exceed its available capacity for the rest of 2022.
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Heartland Express: La “volátil demanda de carga” en el segundo semestre superará la capacidad disponible
El transportador supera las expectativas del segundo trimestre
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Knight-Swift positioned to perform in H2; LTL provides spark in Q2
Knight-Swift Transportation rode higher revenues and better margins in all of its divisions to a beat-and-raise second quarter.
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Transportation capacity up again in May; prices still climbing
Capacity increased again in May, according to the Logistics Managers’ Index. However, the transportation market stabilized in the back half of the month.
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Schneider acquires Wisconsin-based carrier
Schneider announced the acquisition of deBoer Transportation, a regional dedicated fleet of 160 power units.
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Schneider sees ‘healthy’ contract freight market
Schneider beat estimates and raised full-year expectations Thursday. Management has been “encouraged” by contractual rate renewals so far this year.
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Knight-Swift says trucking downturn would favor carriers with large trailer pools
Knight-Swift Transportation lays out a thesis showing how large carriers will navigate a potential downturn considerably better than small fleets.
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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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Fuel price surge pushes cost of running empty higher
Higher diesel prices also mean higher costs for empty miles.
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