TL Profits Mostly Down
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.
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.
Truckload Chiefs Hold Out Hope for Business Upswing This Year
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.
Truckload Profits Beat Estimates From Analysts in Quarter
Truckload companies posted quarterly results that outperformed the negative predictions from industry analysts, although profits were lower for some.
Truckload Pricing Ticks Up After Pressure in First Half
Recent reports that track freight rates could be showing initial signs of improvement in truckload pricing, which has been under intensified pressure this year.
Most Truckload Profits Drop in 4Q as Freight Demand Slows
Truckload fleets that reported fourth-quarter earnings last week largely trailed the year-earlier quarter amid growing weakness in freight markets.
Truckload Rate Growth Eases as Freight Demand Sputters
The recent strong growth in rates is slowing as freight demand wanes and capacity loosens, industry statistics show.
Universal Truckload Appoints New CEO
Jeff Rogers has been appointed CEO at Universal Truckload Services, concluding a plan begun in June.
January 8, 2015Excess Truckload Freight Spilling Into LTL
Tight truckload capacity is driving up rates and boosting business for less-than-truckload carriers, with demand from shippers providing a lift that positions trucking for continued growth, industry analysts said.
November 17, 2014Rogers to Succeed Wolfe as Universal CEO
Universal Truckload Services Inc. said CEO Scott Wolfe will retire at the end of 2014 and be succeeded by former YRC Freight President Jeff Rogers.
June 4, 2014