Truckload rates
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News
Covenant pushes forward with strategic plan as freight market stabilizes
Covenant Transportation Group sees a breakeven April and noted that May trends have “stabilized” as it moves forward with restructuring efforts.
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News
Landstar saw market deteriorate in last week of quarter, no 2Q guidance
Landstar System calls attention to its variable cost model as first quarter falls short of expectations. No guidance issued for second quarter.
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News
2019: The year that wasn’t but was
While the truckload carriers are happy to turn the page on 2019, investors in truckload stocks may be hoping for more.
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Truckload
Commentary: 2019 ends with less profit/more problems for truckload carriers
FreightWaves Market Expert Chris Henry provides a look into truckload’s year that was and commentary on a possible path toward consistent profitability.
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News
Updated: Covenant looking for more “predictability” in its operations
Covenant released earnings results in-line with its previously lowered expectations as it seeks "predictability" in its operations for the remainder of 2019.
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News
Another truckload carrier announces earnings warning
The combination of volume weakness, excess capacity, declining rates and formidable year-over-year earnings comparisons have resulted in the public carriers finally waving the white flag…
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News
June Cass report presents a couple of alarming questions
The Cass Freight Index Report offers two questions. “Has economic contraction already begun? Will GDP be negative in Q2?”
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Chart of the Week
Reefer carriers weathering softening market more efficiently than van
Reefer carriers are weathering the cooling freight market more efficiently than two of the main trailer types. An interesting data point supports this claim.
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Air Cargo
FreightWaves research: Amazon’s new online freight platform is viewed negatively by 8 of 10 carriers and freight brokers
The FreightWaves Intel Group surveyed over 800 carriers, shippers and brokers about the entry of Amazon into online freight brokerage. Read about the survey's results…
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News
Cass data negative in May, “signaling an economic contraction”
The report showed further deceleration in the freight markets in May and warns an economic contraction could be underway.
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