truckload carriers

Carrier Perspective: State of the Industry

Arkansas-based carrier’s trucking segment posted revenue of $113M and brokerage division posted revenue of $81M in Q3.

How to Hire the Best Drivers

Management from Schneider National told analysts on its third-quarter earnings call that current truckload fundamentals should carry through the end of 2021 and well into next year.

North Carolina-based carrier’s third pay raise in a year comes amid unprecedented freight volumes and demand for drivers.

Covenant Logistics Group’s managed freight segment revenue grew 89% year-over-year during the third quarter, to $90 million.

Carriers have overcome notable cost inflation and disruption to post better-than-expected results so far in the third-quarter earnings season.

J.B. Hunt Transport Services sidesteps disruption throughout the transportation network to beat analysts’ forecasts.

P.A.M. Transportation Services sees earnings surge during the third quarter even as supply chain disruption accelerates.

Heartland Express beats expectations in the third quarter with the help from gains on sale.

Tri-State Expedited announced it has been acquired by its senior management team.

From time to time, truck drivers require additional training. Whether it is refresher training or due to a recent incident, success depends on having the right approach.

Driver pay increases continue to roll in as a strong macroeconomic environment shows little signs of slowing.

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More trucking heads weigh in on rate expectations for 2022. Following a sizable rate bump this year, it appears that rates could move considerably higher again next year.

Understanding the differences among truckloads

Rate predictions for the truckload market are coming in earlier than in past years. High consumer demand along with a lack of drivers and equipment has industry participants calling for further increases.

Dedicated carrier Cowan Systems is offering sign-on bonuses as high as $20,000 for newly hired drivers.

Truckload carrier Heartland Express announced a 50-cent-per-share special dividend Friday. It was the second carrier to announce a special dividend this week.

Marten Transport announced a special dividend of 50 cents per share. The payment marks the third straight year of special dividends for the carrier.