Hub Group profit and revenue fell in Q3 2024, but intermodal load growth mitigated the damage and the carrier’s top executive is becoming more optimistic about the freight environment.
November 7, 2024Search
Showing 10 of 534 results
= Premium Content
Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.Â
Schneider Q3 Revenue, Profit Decline in Weak Freight Market
The company's results missed expectations from investment analysts on Wall Street, who had been looking for earnings per share of 23 cents and quarterly revenue of $1.33 billion.
November 6, 2024Heartland Express in Red for Q3 Again but Loss Narrows
Losses at Heartland Express narrowed year over year in the third quarter as both legacy brands and two more recently acquired units turned in an improved performance.
November 6, 2024Ongoing Truckload Weakness, Helene Hurt P.A.M. Q3 Profit
Profits at P.A.M. Transport slumped 61% in the third quarter of 2024 on the back of continued truckload market weakness and the impact of Hurricane Helene.
November 5, 2024Forward Air Revenue Soars 92%; Net Loss Hits $34M
The Tennessee-based ground transportation and logistics services provider posted a net loss of $34.2 million, or negative $2.62 a diluted share, for the three months ending Sept. 30.
November 5, 2024Retailers Offer ‘Returnless Refunds’ to Reduce Shipping Fees
Returnless refunds are a tool that more retailers are using to keep online shoppers happy and to reduce shipping fees, processing time and other ballooning costs from returned products.
November 4, 2024Werner Revenue and Profit Decline on Q3 Market Struggles
The Omaha, Neb.-based carrier’s Q3 net income fell 72% to $6.6 million, or 11 cents per share, compared with $23.7 million, 37 cents, a year ago.
October 30, 2024XPO Net Income Climbs 10% on Strong LTL Pricing in Q3
XPO’s North American LTL segment, its core operation, increased revenue by 1.9% to $1.25 billion from $1.23 billion last year despite declines in shipment volumes.
October 30, 2024Covenant's Q3 Net Income and Revenue Take Slight Dips
The company reported third-quarter net income of $13 million, or 94 cents per share, compared with $13.5 million, 99 cents, in the year-ago period.
October 29, 2024Saia Reports Q3 Revenue Growth Amid Network Expansion
Saia Inc. reported Oct. 25 that it was able to post record-high third-quarter revenue amid an ongoing effort to expand its operational footprint.
October 25, 2024