TL carriers

Knight-Swift Transportation announced the retirement of co-founder and executive chairman Kevin Knight.

Freight broker RXO is seeing better-than-expected spot market trends in the second quarter.

Supply constraints are pushing truckload rates to cycle highs, according to data from Cass Information Systems.

Executives at J.B. Hunt Transport Services said at an investor conference this week that truckload rates are likely to increase 20% over the next two years as carriers restore margins.

Pamt Corp.’s first-quarter real estate gain helped offset a loss in its core truckload operation.

Schneider National said price renewals are currently at the highest levels since 2021 and that it expects to capture mid- to high-single-digit increases on one-way contracts this year.

Schneider National beat first-quarter expectations and reiterated its full-year earnings outlook.

Knight-Swift Transportation said the truckload market has fundamentally shifted with little help from demand.

Knight-Swift Transportation upped its rate expectations for bid season.

Knight-Swift Transportation lowered its first-quarter outlook, citing headwinds from several nonrecurring items during the period.

Management at J.B. Hunt Transport Services pointed to mounting evidence that recent tightening across the truckload market will not be a temporary blip.

J.B. Hunt Transport Services beat first-quarter expectations, reporting record volumes in its intermodal segment.

The freight market saw capacity and pricing extremes in March unparalleled since the pandemic, according to a monthly query of supply chain executives.

Fuel price hikes and poor weather overhung the first quarter, but supply-side tailwinds along with improving demand could spell the end of earnings degradation for truckload carriers.

Freight broker RXO said the truckload market is seeing “the biggest structural change” since deregulation in 1980.

Capacity attrition and retooled carrier networks could present a challenging bid season for shippers.

J.B. Hunt Transport Services said on Tuesday that demand has been slightly ahead of expectations to start the year.

Truckload carrier Pamt Corp. booked a fifth consecutive net loss on Friday.

Truckload stocks have been on a wild ride after signs of an improving spot market were amplified by positive manufacturing data, and then slightly doused by the threat of AI upheaval.

Werner Enterprises is taking steps to restore its one-way unit to profitability by reducing the fleet size and eliminating unprofitable freight.

Werner Enterprises has begun restructuring its one-way fleet, a move announced alongside the reporting of its fourth-quarter results, which fell short of expectations.

Truckload carrier Heartland Express reported another net loss.

The freight market tightened again in January, with transportation prices seeing the fastest growth rate since April 2022.

Schneider National’s stock was down 16% in after-hours trading on Thursday following a worse-than-expected earnings report.

Werner Enterprises announced it has acquired FirstFleet, making it the fifth-largest dedicated truckload provider in the U.S.

M&A advisory firm Tenney Group is calling for a spike in transportation and logistics deal activity in the fourth quarter.

Knight-Swift Transportation outlines a path to margin recovery in 2026 following a fourth quarter that was worse than expected.

Knight-Swift Transportation misses fourth-quarter expectations.

December data from Cass Information Systems showed truckload rates continued to step higher as shipments moved lower.

J.B. Hunt Transport Services beat fourth-quarter earnings expectations Thursday after the market closed.

Less-than-truckload rates hit a new high in the fourth quarter while the truckload market displayed “tentative signs of recovery.”

Arkansas-based truckload carrier, USA Truck, has been acquired by a group of current and former leaders.

Susquehanna said truckload’s supply side has the market set up for a recovery but demand will have to kick in at some point to prolong an upcycle.

PGT Trucking announced it has acquired fellow flatbed carrier Debrick Truck Line.

Heartland Express announced it will integrate and rebrand Contract Freighters, Inc. in an effort to stem a prolonged stretch of financial losses.

The next upturn in the trucking industry could be driven by the supply side, a pattern observed in the past three upcycles, according to a report released Monday by Morgan Stanley.

J.B. Hunt Transport Services declined to take a stab at what next year holds at an investor conference this week, but did emphasize that it’s “set up to win” regardless of what the new year brings.

Truckload broker RXO said 2025 is likely to end quietly but outlined several catalysts that could produce “freight rate volatility” next year.

Freight shipment declines widened in October, Thursday data from Cass Information Systems showed.

Werner Enterprises said it’s holding the line on dedicated capacity as the industry awaits a turn in the cycle.

Supply chain executives are bracing for higher transportation prices, according to a monthly sentiment survey.

Heartland Express saw some sequential improvement in operations in the third quarter but said truckload market fundamentals won’t improve until next year.

Shares of Schneider National sank on Thursday after it missed third-quarter expectations and lowered its full-year 2025 outlook.

Truckload carrier Pamt Corp. booked its fourth consecutive net loss in the third quarter.

Knight-Swift Transportation’s third-quarter results and fourth-quarter outlook came in light of expectations on Wednesday.

Less-than-truckload rates maintain record levels despite softness across the manufacturing complex.

The truckload market took share for a second straight month in September, but overall freight fundamentals remain weak, according to a report from Cass Information Systems.

Morgan Stanley lowered earnings expectations for publicly traded truckload and less-than-truckload carriers on Monday.

Susquehanna analyst Bascome Majors cut earnings forecasts on truckload carriers for the rest of the year as fundamentals remain soft and peak-season expectations are subdued.

The Cass Freight Index showed year-over-year shipment declines widened in August.

Truckload carrier Werner Enterprises said it’s seeing “positive momentum” in its dedicated and logistics businesses at an investor conference this week.

Freight shipment declines accelerated in July but costs again stepped higher, according to a monthly report from Cass Information Systems.

Pamt Corp. announced on Monday that its Chief Financial Officer Lance Stewart is taking over as president and CEO.

Schneider National said Thursday it needs more information before weighing in on the potential fallout from a Union Pacific–Norfolk Southern merger.

OneCompass Holdings announced it is acquiring Koleaseco, Inc. and plans to operate the fleet under another portfolio company, Hyway Trucking.

Pamt Corp. booked another net loss in the second quarter with its truckload unit recording a 112.5% operating ratio.

Knight-Swift is controlling the controllable as it awaits a more meaningful market turn.

J.B. Hunt Transport Services’ second quarter comes with few surprises as the multimodal transportation provider navigates the bottom of the cycle.

J.B. Hunt Transport Services reported a largely inline second quarter on Tuesday.

June data from Cass Information Systems showed a decline in shipments but expenditures continued to rise.

Truckload carrier Pamt Corp. has announced the resignation of its CEO.

Schneider National is still targeting 2025 as a growth year but not likely as robust as hoped due to trade uncertainty.

Schneider National posted a rare earnings beat in what was a tough quarter for transportation companies.

Pamt Corp. reported a sixth straight operating loss in its truckload business during the first quarter.

Knight-Swift Transportation said some customers are delaying decision making and others are drawing down inventories as the market awaits some resolution on U.S. trade policy.

Knight-Swift Transportation lowered its second-quarter outlook and didn’t provide third-quarter guidance due to a “fluid trade policy,” which is weighing on customer decision making.

Freight data from Cass Information Systems shows the industry closed the first quarter on a down note.

Executives at some of the nation’s largest truckload transportation providers are seeing incrementally positive signs that the market is turning.

Driver recruiting specialist Tenstreet announced Monday it has acquired driver visibility and communications platform TextLocate.

The Cass Freight Index showed an increase in truckload linehaul rates for the first time since December 2022.

Truckload carrier Pamt Corp. recorded another loss during the fourth quarter.

Werner Enterprises highlights some favorable trends for the new year after a messy fourth quarter.

Werner Enterprises reported a big earnings miss in the 2024 fourth quarter due to outsize insurance claims.

Schneider National points to some green shoots on its fourth-quarter earnings call.

Schneider National’s initial take on 2025 earnings is largely in line with consensus expectations.

Truckload carrier Heartland Express is hoping 2025 is the start of a turnaround.

Refrigerated carrier Marten Transport said it was encouraged with sequential improvement in metrics during the fourth quarter even as meaningful year-over-year deterioration continued.

Knight-Swift Transportation wants to see more proof the truckload market has turned before it raises its outlook.

Kenan Advantage Group announced the acquisition of Texas-based XBL.

Schneider National announced it has acquired Cowan Systems and some of its real estate assets in a deal totaling more than $400 million.

Schneider National is hopeful for a better seasonal inflection in the fourth quarter, noting some areas of the truckload market are seeing significant capacity exits.

Schneider National missed third-quarter expectations Wednesday, but shares of the truckload carrier were up 4% in early trading.

Truckload carrier Heartland Express reported another loss in the third quarter and said cost cutting alone won’t return it to profitability.

Pam Transportation said even though its third quarter was bookended by soft demand, it saw sequential improvement in operating trends.

Knight-Swift Transportation beat the third-quarter consensus estimate but provided a mixed earnings outlook for the next two quarters.

Freight factoring platform Outgo said a recent $15 million funding round has allowed it to ramp funding speeds to carriers.

Executives at some of the nation’s top truckload carriers say it’s still too soon to know when the market will turn.

Data from Cass Information Systems showed year-over-year declines in volumes and costs slowed in July.

Truckload carrier Pam Transportation Services lost money again in the second quarter but said it saw signs of an improving freight market as the quarter closed.

Knight-Swift Transportation said the trough of the freight cycle has likely passed and that it is now focused on growing its less-than-truckload business.

A couple of truckload carriers provide an update on recent trends following a slew of poor first-quarter reports.

Heartland Express’ fourth quarter benefited from large gains from terminal sales, without which the truckload carrier would have seen another loss.

A quarterly survey of shippers suggests the trucking market is still distanced from a material recovery.

Earnings estimates for truckload and less-than-truckload carriers get a notable negative revision at Morgan Stanley.

Truckload carrier Heartland Express missed first-quarter expectations.

Freight broker Landstar System sees a big earnings falloff from the all-time high established a year ago.

Knight-Swift Transportation said it’s not backing away from M&A opportunities following its $808 million purchase of truckload carrier U.S. Xpress.

In a first-quarter earnings preview, Deutsche Bank analyst Amit Mehrotra said he expects an in-line type quarter but voiced some concerns.

Werner Enterprises announced Thursday that Christopher Wikoff will succeed John Steele as the company’s chief financial officer.

Management from Werner Enterprises parses through 2023 expectations on a Tuesday evening call with analysts.