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Large carriers still seeing strong demand midway through Q2
Freight demand trends in a softening market continue to be bifurcated with large fleets remaining unscathed so far.
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Large truckload carriers say recent downturn not hurting them
Trucking executives at large fleets acknowledged a weakening spot market during the first-quarter earnings season but their ties to the contract market give them confidence.
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Werner beats in Q1, expects ‘washout’ for carriers dependent on spot market
Werner Enterprises continues to see solid contractual rate increases. However, it warned that newly minted carriers dependent on the spot market are likely in trouble.
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Cass: Omicron hits January volumes; costs, rates still way up
The Cass Freight Index sags in January on a rise in COVID cases, but the dataset appears poised again for strong growth in 2022.
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Knight-Swift sees big Q4, expects hypergrowth to moderate in 2022
Knight-Swift Transportation reported another big quarterly result Wednesday. However, it appears the stretch of rapid growth will moderate as the comps have stiffened.
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Higher rates, gains produce record 2021 for Heartland Express
Heartland Express announced 2021 was its best year since going public. Fourth-quarter results were in line with consensus.
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P.A.M. Transportation posts big Q4
P.A.M. Transportation Services finished 2021 on a high note, posting another large earnings beat during the fourth quarter.
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All J.B. Hunt segments log growth for better-than-expected Q4
J.B. Hunt Transport Services beat fourth-quarter expectations. Visibility into 2022 remains murky but management is calling for continued growth.
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Cass: High rates drive record freight costs
Freight costs reach a record, according to November data from Cass Information Systems.
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Freight volumes ‘capacity-constrained’ in October, rates surge further
October data from Cass shows supply chain bottlenecks and capacity shortages continue to subdue shipment growth. However, the condition led to another jump in rates.
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