Parade’s capacity management solution integrates seamlessly with Tai’s TMS system to help freight brokerages
With the help of its 3PL customers, project44 was able to create its tool to help fight the capacity shortages and transit delays plaguing many logistics providers today.
ArcBest’s acquisition of truckload broker MoLo Solutions accompanies an announcement of strong third-quarter results for its LTL segment.
June proved to be possibly the best month ever for Truckload Carriers Association members. Brokerage revenue growing alongside driver revenues helps paint a picture of success, but what is success for a carrier?
Net income rebounded 49.1% year-over-year from one of the 3PL’s worst quarters.
Landstar System announced after the market close on Wednesday what it would do with cash on the balance sheet. The company plans to pay a one-time special dividend of $2 per share in January.
Werner Enterprises’ third-quarter result comes in ahead of analysts’ forecasts.
Managing for yield, Robinson shuns truckload volume growth to take a double-digit price increase.
Cargomatic set off a prodigious chain of events after its launch in Los Angeles.
J.B. Hunt Transport Services posts a solid second quarter, besting analysts’ forecast by 31 cents per share.
ArcBest sees “one of the best first quarters” in company history, but COVID-19-related demand headwinds took a toll on April’s results.
FreightWaves Market Expert Chris Henry provides a look into truckload’s year that was and commentary on a possible path toward consistent profitability.
U.S. Xpress cites a weaker spot market and compressed brokerage margins as reasons for the third quarter loss. However, the decision to grow its fleet, a portion of which is reliant on the spot market, drew several questions from analysts on its call.
Biesterfeld: “We expect that North American routing guides will continue to reset at lower prices.”
Despite a crash in truckload spot prices (approximately 50% of ECHO revenue), the freight brokerage beat analyst expectations.
