TL pricing
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News
Bigger freight declines in May highlight Cass data surprise
Worse-than-expected data from Cass shows year-over-year declines grew in shipments and expenditures. Intermodal pricing falls out of bed.
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Cass data weak in February, truckload recovery expectations pushing outward
Virus-related demand headwinds bring fresh declines in February Cass data. Visibility into a potential trucking recovery is further clouded.
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Knight-Swift cuts earnings outlook again
The biggest truckload carrier in the U.S. Knight-Swift cuts its fourth quarter 2019 earnings outlook again. The company plans to "revise" its first quarter 2020…
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TL carriers seeing recent improvement
Two of the nation’s largest truckload carriers said they are seeing green shoots in freight demand.
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Knight-Swift’s results in-line with recently lowered guidance
Knight-Swift reported results within its recently lowered guidance range and doubled down on its estimation that the TL capacity correction is underway.
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Knight-Swift cuts its outlook a day after the truckload carriers rally
Another shoe drops as the heart of truckload earnings season commences with Knight-Swift saying that it won't meet analyst expectations.
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P.A.M. beats expectations, warns pricing concerns and rising costs may challenge future margins
P.A.M. Transportation Services reported "best second quarter operating income on record", but signaled future margins may be challenged.
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