Universal Logistics reports record Q1, declares cash dividend
Universal Logistics Holdings reported $415.2 million in operating revenue during the first quarter.
Universal Logistics Holdings reported $415.2 million in operating revenue during the first quarter.
J.B. Hunt Transport Services updated its long-term division margin targets on its first-quarter call Thursday.
Scientists and government leaders are pushing for a more sustainable supply chain. Consumers are paying attention.
FreightWaves’ JT Engstrom and Ryder’s Steve Martin discuss facets of dedicated truckload operations, including service metrics, pricing levels and driver retention.
Schneider, a premier provider of trucking, intermodal and logistics services, has expanded its digital marketplace – Schneider FreightPower® – to shippers of all sizes.
Third-party logistics provider GSC Logistics plans to add 100 more drivers and 400 chassis to meet the container volume surge on the West Coast.
Tender rejections return to all-time high.
Truck driving can be stressful when carrying unusual freight. These are five fairly odd loads that have been lost.
Spot rates steady well above $3.00 per mile.
Leverage is firmly in carrier’s favor.
The expected rebound for truckload markets did not disappoint.
On this episode of stackd, hostAdam Robinsondetails how one freight company is using shared truckload technology to map out the future for sustainable freight.
Spot rates move up for the first time in 5 weeks.
North American automotive and import opportunities could boost business for Universal Logistics during 2021, CEO Tim Phillips said during the Q4 earnings call.
Universal Logistics’ operating revenues from truckload services in the fourth quarter decreased $8.7 million to $49.8 million.
Schneider National plans to use its strong cash generation capabilities to reinvest in the fleet during 2021. The carrier will also look to allocate growth capital to its dedicated and intermodal offerings.
Flatbed truckload company Daseke beats earnings per share estimates in the fourth quarter but revenue and operating ratios slide. 2021 guidance provides a bit of a mixed bag.
Truck broker Landstar System expects high demand and elevated truckload rates to carry through the first quarter of the year. However, the company’s CEO has a bit of a contrarian “pessimistic” view for the second half.
Truck broker Landstar System set records in the fourth quarter. The company is expecting the high-demand environment and improved truckload pricing to carry through at least the first quarter.
Knight-Swift Transportation reports a big jump in results during the fourth quarter. However, while some may view this as a victory lap, investors appear to be calling the end to the TL trade.