TL rates
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News
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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Werner raises rate-per-mile guidance
Werner Enterprises reported a first-quarter record for operating income Wednesday after the close. Revenue-per-mile guidance in its one-way segment moved higher.
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Trucking’s tailwinds evident in first quarter
First-quarter earnings reports from truckload carriers highlight a booming freight market. A strong consumer, tight truck capacity and elevated rates appear the likely dynamics for…
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February weather only temporary impediment to freight cycle: Cass
February freight data from Cass shows a deceleration in the growth rates of shipments and expenditures. Recent weather events have only “coiled the spring” for…
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Rates surge, no ‘significant rate relief’ in 2021, Cass says
Cass freight data released Thursday shows a huge surge in freight spending with solid growth in shipments. The report indicated that 2021 is unlikely to…
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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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Landstar first look: Q4 results and Q1 guide ahead of forecasts
Truck broker Landstar System set records in the fourth quarter. The company is expecting the high-demand environment and improved truckload pricing to carry through at…
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2021 trucking outlook comes into focus
Sell-side research analysts have made their bets on trucking in 2021. Some believe a continuation in consumer spending and inventory restocking will benefit truckload carriers…
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Landstar eyes record in fourth quarter
Management from truck broker Landstar sees no near-term letup in tight truck market fundamentals. The company’s fourth-quarter guidance brackets its EPS record set in the…
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P.A.M. Transportation’s Q3 well ahead of forecasts
P.A.M. Transportation Services sees a “marked improvement” as its auto manufacturing customer base gets back to work. The carrier expects “upward rate pressure” as truck…
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