TL pricing
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News
P.A.M. Transportation sees turnaround in Q1
P.A.M. Transportation Services posted a profit in the first quarter of 2021. The bulk of the improvement came on the nonoperating line.
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Headline beat for Knight-Swift; 2021 to see mid-teen jump in contract rates
Knight-Swift Transportation posted a large headline earnings beat in the first quarter but it was less impressive by comparison when excluding nonoperating income. The company…
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Analysts all in on transportation; spending on services no threat
Two bullish equity research reports this week on transportation stocks both highlight expectations around consumer spending and what that means for freight demand.
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‘Improved’ inventories still lagging sales growth; tailwind for trucking
Several of the nation’s largest retailers say inventory positions are improving. However, retail sales continue to outpace efforts to stock up, suggesting trucking demand could…
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Werner says weather hits Q1 earnings; capacity ‘cavalry’ not coming
Werner Enterprises modestly lowered earnings expectations for the first quarter of 2021 due to downtime caused by recent winter storms. The company expects no change…
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Schneider looks to ramp up investments in 2021
Schneider National plans to use its strong cash generation capabilities to reinvest in the fleet during 2021. The carrier will also look to allocate growth…
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Daseke sharpens focus; M&A in ‘crosshairs’
An interview with flatbed carrier Daseke outlines the company’s operational focus and plan to get back to growth through acquisitions.
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Landstar sees spot market cooling in second half of 2021
Truck broker Landstar System expects high demand and elevated truckload rates to carry through the first quarter of the year. However, the company’s CEO has…
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Knight-Swift’s big Q4 cedes to apathetic TL interest; stock down 7%
Knight-Swift Transportation reports a big jump in results during the fourth quarter. However, while some may view this as a victory lap, investors appear to…
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Knight-Swift Q4 first look: Big improvement as expected
Knight-Swift Transportation capitalizes on strong truckload fundamentals to post much higher year-over-year results. Fourth-quarter numbers came in slightly ahead of expectations and the company’s full-year…
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