Trucking provider Knight-Swift Transportation Holdings is significantly lowering its earnings expectations for the first quarter as capacity remains loose and shippers try to hammer down pricing.
DAT analytics chief Ken Adamo's "Big Rips and Fat Lips" look at broker margins -- the percentage of a shipper's payment the broker keeps after paying the carrier -- focused on outlying large takes (those rips) and very-small cuts or even money-losing loads (the lips).
It's been almost a month since a massive cargo ship crashed into Baltimore’s Francis Scott Key Bridge, and the data is starting to roll in about its impact on the supply chain.
A leading freight company is seeing its stock tank after weak trucking volumes led to a first-quarter earnings miss on both profit and sales.
Spot truckload rates continued to slide in March as demand for trucking services moved toward typical seasonal levels, reported DAT Freight & Analytics, which operates the DAT One online freight marketplace and DAT iQ data analytics service.
7-Eleven, Inc. ("7-Eleven"), the premier chain in the convenience-store industry, announced today the successful completion of its acquisition of 204 stores from Sunoco LP, which includes Stripes® convenience stores and Laredo Taco Company® restaurants.
Spot truckload rates continued to slide in March as demand for trucking services moved toward typical seasonal levels, reported DAT Freight & Analytics.
The unofficial start to produce season has been announced. On this week’s Market Update, we’ll discuss with Robert Rouse of DAT how that will impact certain markets.
A soft market is slated to bring a major earnings hit for Knight-Swift. Its adjusted earnings per share is slated to range from 11 cents to 12 cents now, down from a previous projection of 37 cents to 41 cents.
Spot truckload rates continued to slide in March as demand for trucking services moved toward typical seasonal levels, reported DAT Freight & Analytics, which operates the DAT One online freight marketplace and DAT iQ data analytics service.