Latest News Updates From Keiron Greenhalgh

Keiron Greenhalgh

Keiron Greenhalgh

Staff Reporter

Keiron Greenhalgh is a business reporter at Transport Topics.


BusinessFor-Hire

ArcBest Q2 Profit Climbs on LTL Margin, Price Increase

Profit at ArcBest rose 16.1% year over year in the second quarter as an improvement in less-than-truckload revenue per shipment and an increase in prices trumped a decline in shipments.

August 5, 2024
BusinessLogisticsFor-HireTop 100

Hub Group Misses Analyst Expectations on Weak Q2 Market

Hub Group profit in the second quarter of 2024 fell due to the ongoing weakness in the North American freight market, but a final-mile acquisition in December 2023 offered a bright spot.

August 2, 2024
BusinessTechnologyEquipmentFuel

Cummins Q2 Profit Rises on Higher Generator, Engine Sales

An increase in sales of power generators and heavy-duty truck engines boosted profits at Cummins Inc. in the second quarter of 2024, the company said Aug. 1.

August 2, 2024
BusinessLogisticsFor-HireTop 100

Schneider Q2 Profit Slumps as Intermodal, Logistics Revenue Falls

Schneider National profit in the second quarter of 2024 slumped 54% as price increases failed to arrive as early as the carrier expected and ongoing freight market weakness saw intermodal and logistics revenue decline.

August 2, 2024
BusinessFor-Hire

XPO Q2 Profit Jumps as LTL Shipments Rise 4.5%

XPO profit jumped in the second quarter as revenue increased 8% on the back of a 4.5% increase in North American LTL shipments and 7.4% rise in the return obtained for those shipments.

August 1, 2024
BusinessLogistics

C.H. Robinson Profit Jumps on Higher Seaborne Prices

C.H. Robinson Worldwide profit in Q2 jumped 29.7% year over year as a result of higher seaborne services pricing, a bigger margin on truckload and LTL shipments and a decrease in head count.

August 1, 2024
BusinessEquipment

June Used Class 8 Retail Sales Fall 3.7% Year on Year

Used Class 8 truck sales totaled 20,700 in June, according to the latest ACT Research data, down 3.7% from 21,500 vehicles in the year-ago period and 9.2% lower than May’s 22,800.

August 1, 2024
BusinessFor-HireTop 100

Landstar Q2 Profits Dip Amid Dry Van Market Softness

Profit and revenue at Landstar System Inc. fell in the second quarter of 2024, largely on the back of truckload market weakness.

August 1, 2024
BusinessLogisticsFor-HireTop 100

Werner Spots Signs of Hope Despite Disappointing Q2

Profit dropped at Werner Enterprises Inc. in the second quarter of 2024 as revenue slid more than analysts expected on the back of continued freight weakness, although executives are seeing more room for optimism from the last few weeks.

July 31, 2024
BusinessLogisticsFor-Hire

Estes Eyes 12% Terminal Door Total Increase in 2024

Estes Express Lines expects the number of terminal doors in the less-than-truckload carrier’s portfolio to jump more than 12% in 2024 to a total exceeding 12,750.

July 30, 2024