U.S. Xpress comes in below analyst forecasts
U.S. Xpress (NYSE: USX), a Chattanooga-based truckload carrier, reported adjusted earnings per share of $0.15 compared to the consensus estimate of $0.18.
U.S. Xpress (NYSE: USX), a Chattanooga-based truckload carrier, reported adjusted earnings per share of $0.15 compared to the consensus estimate of $0.18.
Schneider National, Inc. held a call with analysts and media to discuss earnings results. Most of the call focused on explaining what occurred in the first quarter and how the company will achieve its lowered guidance.
Schneider National, Inc. announced first quarter 2019 earnings of $.21 per share, $0.06 per share lower than last year and $0.10 worse than the consensus estimate.
Werner Enterprises, Inc. (NASDAQ: WERN), reported non-GAAP adjusted earnings per share (EPS) of $0.52, besting the consensus estimate of $0.49 per share.
Covenant Transportation Group (NASDAQ: CVTI) posted adjusted earnings per share (EPS) of $0.27 for the first quarter of 2019, beating analyst estimates and edging past the expectations the company itself announced earlier this quarter.
Landstar’s President and Chief Executive Officer Jim Gattoni said that he is “comfortable” with the current full-year consensus EPS estimate of $6.41.
Landstar System, Inc. reported first quarter earnings per share (EPS) of $1.58, compared to the consensus estimate of $1.51 and $0.21 higher than the 2018 first quarter.
Knight-Swift Transportation Holdings, Inc. (NYSE: KNX) reported first quarter 2019 adjusted earnings of $0.55 per share compared to analysts’ expectations of $0.52 per share.
Heartland Express, Inc. (NASDAQ: HTLD) announced a first quarter 2019 profit of $0.21 per share, which was $0.02 ahead of analysts’ estimates.
J.B. Hunt’s (NASDAQ: JBHT) earnings report have some questioning if the truckload (TL) carriers are likely to miss earnings now and how will the stocks perform moving forward.
P.A.M. Transportation Services, Inc. announced first quarter 2019 earnings of $0.99 per share excluding a $0.40 per share gain on marketable securities. Pre-tax income increased $5.1 million y/y.
With first quarter 2019 earnings set to kickoff on Monday, April 15, FreightWaves is looking at expectations for the transportation stocks.
In partnership with Reliance Partners …Data analytics and machine learning can help companies irrespective of the size of their data sets, as long as the data being captured is of good quality and is specific to the required operational needs.
On a call with freight procurement intelligence company, Beroe, Inc., the firm discusses its outlook for global road freight growth of 4 to 5 percent.
In partnership with Reliance Partners …What occurred in Alabama and Georgia is devastating and something that can happen suddenly in any area of the U.S. prone to this type of weather. It’s important to consistently communicate with drivers on how to remain safe under such conditions, as we can’t control the weather regardless of how much we monitor it.
Protecting market share is part of the battle over longer trucks.
BlueGrace Logistics celebrated its 10-year anniversary on February 22. Founded in 2009 with only eight employees, the company currently has 600 employees and is one of the largest third-party logistics (3PL) providers in the United States.
Haulynx adds the turn-by-turn navigation feature to its software app, integrating it with the smart load matching algorithm it was previously offering. Based on the available hours of service, geographic location, and truck type, Haulynx will suggest loads that can maximize truck capacity utility.
Strong Q4 drives full-year performance.
Ruckit specializes in trucking management software for the heavy construction and materials marketplace and brings transparency by networking the TMS systems of the stakeholders involved in a hauling process.