Truckload carriers: ‘Normal seasonality,’ no market inflection yet
Executives at some of the nation’s top truckload carriers say it’s still too soon to know when the market will turn.
Executives at some of the nation’s top truckload carriers say it’s still too soon to know when the market will turn.
Werner’s Q2 earnings saw worsening financial conditions but improving freight market conditions and signs of capacity tightening.
This week in Borderlands: Werner marks 25 years of operations in Mexico; Diehl Aviation investing $49 million to build factory in Mexico; TCA adds Olympic Transport as first Mexican carrier member; and South Texas getting new cold storage warehouse near border.
Werner/ECM is moving toward a union contract in New Jersey, but the stakes may be higher in its union battle in Erie, Pennsylvania.
A class action lawsuit that was first filed more than 13 years ago has resulted in another, possibly final victory for Werner.
Truckload carrier Werner Enterprises’ CEO noted some reasons for optimism at an investor conference.
A couple of truckload carriers provide an update on recent trends following a slew of poor first-quarter reports.
Werner Enterprises missed first-quarter expectations Tuesday and lowered some components of its 2024 outlook.
A proposed rule that could benefit team-driving operations in trucking would weaken highway safety, those opposing the plan told the FMCSA.
Natural gas may be having a moment as an alternative fuel for trucking, but there are a few nagging questions.
First-quarter earnings estimates for truckload carriers have been reeled in again as the industry awaits a meaningful turn in the cycle.
A director at Werner Enterprises has resigned over several disputes, including one over the truckload carrier’s environmental, social and governance policies.
The Texas Supreme Court has set a March 6 deadline for any parties that want to weigh in on the $90 million verdict against Werner Enterprises.
Spot market metrics saw a brief reprieve in January as winter storms sidelined capacity, but carriers say the market will likely stay depressed for at least a couple more months.
Werner recorded a Q4 earnings miss as low rates, excess capacity and lower truckload demand weigh down its one-way truckload business. Dedicated remained a bright spot with management looking to grow in the coming months.
Werner Enterprises saw another step down in operations during the fourth quarter.
Werner Enterprises said Wednesday that Nathan Meisgeier, its chief legal officer, has also assumed the role of president of the company.
Werner Enterprises reported a worse-than-expected result for the third quarter as margins in both its trucking and logistics segments deteriorated from the second quarter.
J.B. Hunt provided a slightly more positive outlook at an investor conference on Wednesday.
A small group of New Jersey workers at a division of Werner has voted to be represented by a union, a first for the giant truckload carrier.