TL pricing
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News
Up 5% may not be enough for truckload rates in 2022
More trucking heads weigh in on rate expectations for 2022. Following a sizable rate bump this year, it appears that rates could move considerably higher…
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Schneider raises 2021 outlook; finding capacity, equipment challenging
Schneider National sees several favorable catalysts through the remainder of 2021 that are supportive of its guidance raise. Finding equipment and drivers will be the…
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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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News
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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News
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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