truckload pricing
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News
January brings accelerated declines for Cass freight volumes and expenditures
Declines in Cass data accelerate but report calls for rates to inflect higher in 2020.
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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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U.S. Xpress sees tepid start to 2020, improvement to follow
U.S. Xpress sees a path to improved profitability in 2020 and beyond. These were just some of the highlights provided on the carrier’s earnings call.
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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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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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Covenant Transportation continuing to reshape offering
Covenant Transportation continues to reallocate equipment to units with a lower risk profile like dedicated.
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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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Heartland Express earnings miss partly related to recent acquisition
Heartland Express’ financial results were worse than expected in the fourth quarter of 2019. That said, a large acquisition shoulders more of the blame than…
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US Bank sees freight payments dip in fourth quarter
US Bank reports declines in freight payment transactions during the fourth quarter. The report signals an improvement on the horizon as truck capacity declines.
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Cass Freight Index dips to 2019 low in December
The Cass Freight Index sees its steepest decline in shipments since the Great Recession.
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