Late-December swoon has analysts cutting Q4 estimates again
Equities analysts have trimmed fourth-quarter truckload estimates again after the industry limped through the final days of the year.
Equities analysts have trimmed fourth-quarter truckload estimates again after the industry limped through the final days of the year.
Werner Enterprises said Wednesday that Nathan Meisgeier, its chief legal officer, has also assumed the role of president of the company.
Morgan Stanley told investors on Monday that a rebound in freight demand may happen sooner than many are expecting as inventories need to be rebuilt.
Jagger Canada Inc. is being fined $37,500 by the province of Ontario for failing to comply and clean up a fuel spill in 2019.
Werner Enterprises’ CEO said Tuesday that the worst of the cycle is in the rearview and that he will remember which shippers stood by the company during the recent freight recession.
Mark Manera talks driver fitness at FreightWaves’ Enterprise Fleet Summit.
The Logistics Managers’ Index registered another all-time low in June as inventories throughout the supply chain continued to contract.
Trappers Transport announced Wednesday it has acquired Plett Trucking in a deal that combines two Winnipeg, Canada-based temperature-controlled transportation and logistics providers.
Alterna Equity Partners announced Wednesday the acquisition of waste and industrial materials carriers Attaway Hauling and Choice Bulk Carriers.
Transportation and logistics conglomerate R&R Express announced its second deal of the year on Monday.
Morgan Stanley said trucking fundamentals could be “bottoming” in a Monday note to clients while Susquehanna called it quits on several stocks.
Resonea Inc. and CPAPSupplies will integrate sleep apnea screening and testing services for commercial truck drivers.
Cass said Monday that positive trends in freight shipments and expenditures are likely to turn negative year over year in December.
Trucking executives are hopeful the first half of 2023 brings a cycle recovery.
Werner Enterprises announced its third acquisition since last summer on Monday, adding Baylor Trucking to its one-way operation at an undisclosed price.
Western U.S. truckload carrier Super T Transport announced it has been sold to Austrian transportation and logistics provider Berger Logistik.
Management teams from a couple of the nation’s largest fleets share their thoughts on peak season and rates during an investor conference.
As the freight cycle shifts to a lower gear, deal flow throughout the industry remains hot.
Colonial Freight Systems confirms it will shutdown operations at the end of the month.
Truckload carrier Heartland Express will take on another difficult turnaround in CFI, which it acquired from TFI International for $525 million.