Executives, Analysts See Less Cloudy Truckload Market Outlook
The outlook for truckload freight markets and rates is less cloudy after a dismal first quarter, according to carriers and analysts.
Census Bureau: Two Trucking Sectors Prospered During Pandemic
Freight forwarding and longhaul trucking for truckload experienced the highest business booms for revenue during the pandemic, a new U.S. Census Bureau transportation analysis shows.
Spot Rate Bottom Unclear Amid Capacity, Demand Mix
Excess capacity in the spot market amid weakening demand has raised uncertainty over whether rates have actually hit bottom.
Truckload Sector’s Q2 Slowdown Not Nearly as Bad as Feared
The truckload sector reported a strong second quarter, but there were signs that nearly two years of robust freight activity may be starting to slow.
Truckload Sector Sees Continued Strength in Q4
The truckload sector continued to experience a strong pricing environment during the fourth quarter amid marginal fleet growth.
Many Carriers Enjoy 2018 Banner Year for Revenue Growth
It was a historically great year for trucking in 2018 with robust growth in revenue and better margins, but not all companies saw the benefits of a strong economy.
Titanium Transportation Reports Higher Profit, Revenue in Second Quarter
Titanium Transportation Group more than doubled its profit in the second quarter of 2018 compared with the first quarter as the company reaped the benefits of a strong freight market.
Regency Transportation Agrees to Acquire Sweeney
Regency Transportation, a family-owned dry van truckload and warehousing firm based in Franklin, Mass., has agreed to purchase Sweeney Transportation in Chicopee, Mass., for an undisclosed amount.
April 2, 2018Smith Transport Founder Hires Todd Smith as President
Covenant, Werner Report Strong Third-Quarter Earnings
Three publicly traded carriers reported results on Oct. 19 with two reporting profits better than 2016 and one with a decline in the third quarter.