Trucking executives are hopeful the first half of 2023 brings a cycle recovery.
Broker Landstar System missed second-quarter expectations but noted pricing metrics are holding firm.
Knight-Swift Transportation rode higher revenues and better margins in all of its divisions to a beat-and-raise second quarter.
Transportation capacity grew for the first time since May 2020, according to a monthly supply chain survey.
Schneider beat estimates and raised full-year expectations Thursday. Management has been “encouraged” by contractual rate renewals so far this year.
Werner Enterprises beat fourth-quarter expectations and announced plans to grow revenue by 10% on average over the next five years.
Schneider provided a better-than-expected earnings outlook for 2022 on Thursday. The company also raised margin targets in two key segments.
J.B. Hunt’s fourth quarter comes in ahead of consensus as the intermodal, brokerage and truckload divisions see notable year-over-year improvements.
AskWaves takes a look at which rate-per-mile metrics to use out of the information public carriers disclose quarterly.
Landstar reports record third-quarter results and calls for a similar performance in the fourth and potentially beyond.
