truck brokerage
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Smarter Capacity
Software companies must broaden offerings to be competitive in 2020
Companies have to work harder than ever to differentiate their offerings from all the other tools and applications flooding the market.
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News
Uber pulls forward profit guidance, growth in Uber Freight stagnates sequentially (with video)
A difficult truck brokerage market appears to have stalled growth at Uber Freight compared to the third quarter. However, the operating loss narrowed significantly.
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News
U.S. Xpress’ fourth-quarter loss better than expected
U.S. Xpress reported a better-than-feared loss to close out 2019. The company expects conditions to improve in 2020.
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Werner posts solid Q4 result; ‘choppy times ahead’ in first half of 2020 (with video)
Werner’s management team is still pointing to a truckload recovery in 2020 but noted that the first half will be a challenge.
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News
Market not buying USA Truck turnaround; stock down 20%
USA Truck’s shares fall after another earnings disappointment. New turnaround initiatives were quantified on the company’s conference call.
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USA Truck’s losses accelerate as ‘organizational changes’ continue
USA Truck reports another worse-than-expected loss as it revamps the company.
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Landstar still waiting on inflection in demand and capacity (with video)
Market softness, excess capacity, weak demand and soaring insurance costs and claims were the near-term challenges highlighted on Landstar’s conference call.
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Insurance, claims drive Landstar earnings miss; deadly accident to impact first quarter (with video)
Landstar’s insurance and claims expense line hit first-quarter results, and another fatal accident results in guidance well below analysts’ expectations.
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News
Schneider misses the mark to close 2019, but 2020 outlook does not
Schneider National’s fourth quarter suffered from a “muted peak season” and softer rates. However, the carrier’s 2020 outlook calls for improving fundamentals.
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News
Covenant Transportation sees ‘difficult operating environment’ in fourth quarter
Covenant Transportation sees significant year-over-year decline in earnings as excess capacity and higher costs persist.
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