truckload
Business

Hurricanes to Increase Contract, Spot Rates Outside Disaster Areas

David J. Phillip/Associated Press

Truckload rates have skyrocketed after hurricanes Harvey and Irma battered Texas and Florida, but the higher prices will also trickle down into states nowhere near the devastation, industry executives say.

Ari Ashe | Staff Reporter
September 14, 2017
Business, Logistics

LTL Sector Enjoys Fruitful 2017

Stifel John Larkin Stifel analyst Larkin (Roger W. Gilroy/Ttransport Topics)

Indications are that the truckload market is bouncing back from some rough conditions earlier this year, according to industry analysts at Stifel, Nicolaus & Co.

Ari Ashe | Staff Reporter
September 12, 2017
Business

Forward Air Reverses Second-Quarter Net Loss in 2016, Posts Nearly $20 Million in Profits

Forward Air Truck John Sommers II for Transport Topics

Forward Air Corp. recovered strongly after a $10 million loss one year ago, posting a profit of $19.6 million or 64 cents per share for the three-month period ending June 30.

Ari Ashe | Staff Reporter
July 26, 2017
Business

Covenant Profits Plunge 58% in Second Quarter, Still Beat Low Analyst Forecast

Truck Daniel Dubois

Covenant Transportation Group announced profits plunged 58% in the second quarter, even though the truckload carrier surpassed the low expectations of industry analysts.

Ari Ashe | Staff Reporter
July 25, 2017
Business, Logistics

Shippers Reluctant to Shift Freight Away From Trucks, but Intermodal Demand Could Rise

Amazon Trailer Amazon.com

Fewer shippers moved their freight from truckload to intermodal in the second quarter, but a shift could occur with the December electronic logging mandate, according to two surveys.

Ari Ashe | Staff Reporter
July 18, 2017
Business

TL Profits Mostly Down

John Sommers II for Transport Topics

Truckload companies continue to struggle in the first quarter, with executives in the industry assigning blame to continued excess capacity, bad weather and a weak used-truck market.

Ari Ashe | Staff Reporter
May 1, 2017
Business

Truckload Profits Lackluster as Quarterly Reports Begin

Marten Transport Ltd. posted a slight increase in quarterly profits, among the few major truckload carriers recently reporting results to record a gain as the earnings season gets underway.

Ari Ashe | Staff Reporter
April 24, 2017
Business

Truckload Chiefs Hold Out Hope for Business Upswing This Year

Ari Ashe/Transport Topics

KEY BISCAYNE, Fla. — Truckload carriers struck an optimistic tone that a turnaround in the freight industry will occur in the second half of this year.

Ari Ashe | Staff Reporter
February 20, 2017
Business

Truckload Profits Beat Estimates From Analysts in Quarter

TT File Photo

Truckload companies posted quarterly results that outperformed the negative predictions from industry analysts, although profits were lower for some.

Ari Ashe | Staff Reporter
February 6, 2017
Business

Third-Quarter Truckload Results Show Lower Profits at Most Fleets

Covenant Transport

The third-quarter earnings season began with truckload carriers struggling to match year-over-year results, headlined by Covenant Transportation Group’s profits plummeting 62%.

Ari Asheand Rip Watson | Staff Reporters
October 24, 2016

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