Truckload
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Freight swap leads Forward Air to Q3 record; 2023 targets issued
Forward Air took an aggressive step Thursday, issuing sizable earnings growth guidance through 2023. Upgrading the freight mix has management confident in the extended outlook.
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Schneider sees ‘constructive market well into 2022’
Management from Schneider National told analysts on its third-quarter earnings call that current truckload fundamentals should carry through the end of 2021 and well into…
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Broker Echo Global Logistics exits on a high
Freight broker Echo Global Logistics reports better-than-expected third-quarter results in what is likely its last public quarterly report.
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Flatbed operator Daseke posts Q3 beat, eyes M&A
Specialized and flatbed carrier Daseke posted better-than-expected third-quarter results Friday. Management said the company is working on a couple of acquisitions.
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USX’s Q3 was weak, but analysts appear open to CEO’s long-term view
Sequentially, tractor growth is positive for the first time in more than a year, a sign the company cites as evidence the Variant initiative is…
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Landstar ‘executing on all cylinders’; strength to carry through H1 ’22
Landstar reports record third-quarter results and calls for a similar performance in the fourth and potentially beyond.
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Knight-Swift crushes Q3 expectations; all segments’ revenue, margins up
A look at how Knight-Swift Transportation blew past third-quarter expectations and raised its full-year guidance.
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Marten brokerage unit’s strong performance contrasts with sluggish truckload results
With other truckload carriers coming in at a sub-80% OR, Marten’s ratio for truckload improved just 40 bps.
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Truckload: Higher rates drive OR improvement despite labor headwinds
Carriers have overcome notable cost inflation and disruption to post better-than-expected results so far in the third-quarter earnings season.
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Supply chain hurdles not high enough to thwart J.B. Hunt’s Q3 beat
Shares of J.B. Hunt Transport Services jumped 10% Friday as the company navigated supply chain challenges during the third quarter to beat analysts’ forecasts.
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