The Teamsters union on Tuesday called on the U.S. Senate to investigate Yellow’s bankruptcy as part of a broader investigation the lawmaking body’s judiciary committee is conduc… Read More
Operating metrics for less-than-truckload carrier Old Dominion Freight Line saw a sharp inflection in August when compared to July. The company attributed the change to the shutdown of Yell… Read More
A hedge fund with an integral role in Yellow Corp.’s bankruptcy proceedings is pushing for shareholders to have a bigger say in the company’s upcoming liquidation. MFN Partners… Read More
Less-than-truckload carrier Old Dominion Freight Line entered a $1.5 billion bid for Yellow Corp.’s terminals, according to a Friday filing in a Delaware bankruptcy court. The new off… Read More
Less-than-truckload freight flows continue to be redistributed following the shutdown of carrier Yellow Corp. Saia Inc. said Tuesday after the market closed that shipments per day were u… Read More
Equity analysts weighed in on Yellow Corp.’s latest reprieve Monday morning just hours after a planned strike, which would have closed the company for good, was called off.
The… Read More
Larry Stewart is a unionized truck driver — just like his father and grandfather before him. He knew, when he became a truck driver 36 years ago, that it wouldn’t be an easy way… Read More
With questions swirling around the fate of the nation’s third-largest less-than-truckload carrier, Yellow Corp., industry analysts have started looking at which carriers stand to b… Read More
NEW YORK — Greg Gantt, the CEO of Old Dominion Freight Lines, has led countless earnings calls and presentations to buy-side analysts in his career. On Wednesday, he did his final one… Read More
Asset-light trucking company Forward Air announced Tuesday that tonnage was down 8% year over year (y/y) for the first two months of the second quarter.
Forward (NASDAQ: FWRD) noted the… Read More
Old Dominion Freight Line, a transportation company listed on NASDAQ under the symbol ODFL, opened at an impressive $308.07 this Monday. With a market capitalization of $33.78 billion, the c… Read More
Less-than-truckload carrier XPO beat first-quarter expectations Thursday and provided commentary that sent shares higher.
XPO (NYSE: XPO) reported adjusted earnings per share of 56 cents… Read More
Better-than-expected quarterly results sent shares of less-than-truckload carrier Saia higher on Friday. The company’s efforts to add heavier-weight shipments is helping to offset… Read More
In the world of finance, investment managers are constantly looking for ways to improve their portfolios and increase their holdings. Xponance Inc., a leading asset management company, recen… Read More
In a Monday note to clients, which described current truckload fundamentals as very difficult, Deutsche Bank analyst Amit Mehrotra said he doesn’t expect any “big negative surpr… Read More
Asset-light trucking company Forward Air reported Tuesday after the market closed that the magnitude of tonnage declines booked in the fourth quarter carried into the first two months of… Read More
Hype Chart February 6th, 2023
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Adam Kronik, Roxiie Reese – Tell Me (Original Mix)… Read More
Old Dominion Freight Line anunció el martes que Kevin “Marty” Freeman sucederá a Greg Gantt como presidente y CEO a partir del 1 de julio.
Freeman ha esta… Read More
Bank of America dijo el martes que era más alcista en las acciones de camiones de carga en 2023 ya que la demanda de camiones parece haber tocado fondo.
El analista de inves… Read More
Old Dominion Freight Line (NASDAQ: ODFL) said Thursday it will implement a 4.9% general rate increase (GRI) to class tariffs beginning Jan. 3.
The size and timing of the carrier’s… Read More
Less-than-truckload provider Forward Air announced Thursday further deceleration in tonnage during the fourth quarter as pieces per shipment have declined 20% year over year (y/y).
&l… Read More
One of the more well-known tense relationships on Wall Street between an analyst and a company is coming to an end.
In an email to clients sent late Tuesday, the transportation research t… Read More
XPO Logistics provided long-term financial targets for its less-than-truckload and brokerage units Monday after the market closed. A spinoff of its brokerage segment, RXO, is planned for Nov… Read More