Land Line Now: Podcast: Time to start your engines for produce season
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.
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.
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.
J.B. Hunt Transport Services’ profit and revenue fell in the first quarter as demand for its domestic intermodal service softened more than expected and trucking volumes fell in a weak U.S. freight market.
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.
A push by retailers and manufacturers to cut shipping costs is sending trucking industry hopes of an earnings rebound into a skid.
Stubbornly weak freight market conditions have been placing financial strain on third-party logistics companies for the past couple of years with an oversupply of truck capacity driving down rates and squeezing brokers’ margins.
The “worst” of the two-year freight downturn appears to be over, but not all sectors of trucking are recovering at the same speed, analysts said during a Journal of Commerce webcast.