Covenant Logistics Group reported lower third-quarter earnings as overcapacity and muted freight demand continued to pressure the trucking industry, company officials said.
The carrier...
Following August spot truckload volume and rate declines, September readings were more mixed, while conditions largely remained the same, according to the new...
A trio of industry stakeholders—each focused on different areas of surface transportation, including truckload, ground parcel, and less-than-truckload (LTL)—addressed current market conditions for...
Susquehanna Financial Group cut earnings estimates for asset-based truckload carriers by mid-single- to low-double-digit percentages ahead of the third-quarter earnings season. Analyst Bascome...
Demand for truckload services cooled in August after July’s tariff-driven pull-forward of imports, according to DAT Freight & Analytics, which operates the DAT...