The truckload carriers have reported solid results to start second quarter earnings season, but some load data is still lagging.

J.B. Hunt easily bests consensus forecasts led by better-than-expected intermodal and dedicated results. The back half of 2020 remains hazy on COVID-19 fears.

J.B. Hunt Transport Services posts a solid second quarter, besting analysts’ forecast by 31 cents per share.

After delisting from the NYSE, Roadrunner Transportation Systems announces it will add three new less-than-truckload facilities this summer. The expansion is part of its re-organization focused on asset-light offerings.

Uber is reported to be raising $500 million in funding for its brokerage segment. The deal would place a valuation of $4 billion on Uber Freight.

Forward Air is expanding again. The company plans to offer traditional less-than-truckload service for the first time.

Deutsche Bank geofencing data shows the less-than-truckload recovery off of an April bottom spills into June.

Rail traffic continued to build through June. U.S. intermodal traffic was only off 5% year-over-year in week 26.

YRC’s $700 million loan from the Treasury Department raises concerns from industry experts about the survival of the company and whether the deal is worth it.

YRC gives the Treasury Department a 30% equity stake in exchange for a $700 million lifeline.

YRC Worldwide announces that it plans to receive a $700 million loan under the CARES Act.

Workhorse gets another shot in the arm with the announcement of a $70 million loan. Shares continue their hot streak, up more than 30% on the news.

Cash-rich Amazon continues to find ways to spread the money around, this time with a $500 million payment to its workers and partners.

Prologis seeks to sell the largest-ever warehouse portfolio in the U.K. The deal is reported to include 22 properties valued at more than $500 million.

Amazon has been linked to several large real estate transactions this week, including the lease of a 1 million-square-foot facility in New York.

No one is talking as YRC’s already extended healthcare benefits are nearing expiration. Coverage is set to expire in early July.

Amazon is no longer looking to just block counterfeiters from selling on its site. The company has established a new internal crime unit to pursue legal action against fraudsters.

FedEx will see $370 million in noncash charges stemming from valuation declines in previously acquired operating units.

A research report from Prologis highlights the growing need of logistics space. The recent April downturn reversed course quickly in May, supporting the notion that any demand degradation will be “short-lived.”

Flatbed carrier Daseke reported five weeks of volume improvement in its second quarter update. The carrier improved its liquidity position through the first two months of the quarter.

French 3PL FM Logistic reports strong organic growth in its recent fiscal year as European expansion progresses. The company didn’t issue annual guidance due to COVID-19 uncertainty.

Deutsche Bank analyst Amit Mehrotra favors a few transportation stocks as the second quarter comes to a close.

Cold storage facility operator Americold announces plans to resume facility expansion project in New Zealand.

Canadian environmental services company Aevitas adds flatbed fleet with the acquisition of Fast Lane Freight Services.

Worse-than-expected data from Cass shows year-over-year declines grew in shipments and expenditures. Intermodal pricing falls out of bed.

Rearview-looking government data confirms the stress for-hire transportation providers experienced in April. New cycle lows have built a foundation for recovery barring a pronounced second wave of coronavirus cases.

YRC Worldwide’s midquarter report was worse than that of its peers and adds to industry speculation that some shippers could be avoiding the carrier.

Daseke’s ratings were confirmed at recently downgraded levels by Moody’s. The report points to the company’s restructuring as a source for a potential ratings upgrade.

The active railcar fleet fell by 25% in May. Multiple headwinds face railcar demand, but volumes may be turning a corner.

CEO and President Derek Leathers to usher in the next era for Werner Enterprises as founder CL Werner plans exit.

ArcBest joins other less-than-truckload carriers seeing a May rebound from April lows. A 10% stock bump from a rating upgrade holds into the second trading session.

Cold storage consolidation remains hot. Lineage Logistics closes on Emergent Cold transaction, growing its already dominant global market share.

Less-than-truckload demand appears to have bounced off of an April bottom according to reports from carriers.

Werner Enterprises’ announced that CL Werner, its founder and executive chairman, has stepped down as executive chairman. Werner is expected to remain as chairman through the end of his term ending May 2021.

While less-than-truckload volumes may not have rebounded sequentially from April, one sell-side analyst sees acceleration in recent weeks as bullish for the industry.

FedEx reported to be exploring alternative growth path in Europe through stake in German parcel company Hermes.

Lineage Logistics continues its hot acquisition streak, entering into an agreement to purchase Henningsen Cold Storage and its 14 facilities.

Increases in beef and chicken inventories are in contrast with reported meat shortages. The rise in inventory bodes well for the already burgeoning cold storage sector.

Expeditors International sees digital platform acquisition as key to advancing its less-than-truckload shipping platform.

Lineage Logistics’ bid for food service distributor Maines expected to save 850 jobs.

Covenant Transportation Group provides an update on the ‘strategic plan,’ announced breakeven results in April during first quarter conference call.

Recent stabilization in truckload markets with a recovery expected later in the year were some of the takeaways from Wolfe Research’s investor conference.

Covenant Transportation Group sees a breakeven April and noted that May trends have “stabilized” as it moves forward with restructuring efforts.

Walmart bested analyst expectations as grocery and household items drive comparison sales 10% higher and ecommerce accelerates 74%.

Payment management solutions provider Cass Information Systems’ freight index fell mightily in April as expected, but it may have represented the bottom of the market.

Americold Realty Trust will partner with grocery retailer to provide 500,000 square feet of frozen storage space in two new facilities.

April’s 20% year-over-year declines in Cass data may mark the bottom of the COVID-19 downturn.

Truckload and transportation companies talk freight markets ahead of reopening with some calling a market bottom in April as spot rates remain below breakeven.

Stifel’s David Ross announces that he is suspending his rating and estimates on YRC Worldwide and questions the company’s ability to survive.

Daseke selects current flatbed head to lead operations amid a multi-year restructuring effort.

YRC beats expectations with the benefit of outsized gains on sales. Noting volumes were down 24% in April, management says it likely won’t satisfy debt covenants into 2021 and it opts out of questions on its call.

USA Truck continues to execute on its internal turnaround initiatives, but they have yet to bleed through and provide positive earnings results for the carrier.

Food supply chain warehouse operator Americold Realty Trust beats first-quarter forecasts, reiterates guidance and shakes off meat shortage concerns.

Management says “tough pricing environment” muted operational efficiency initiatives.

As demand for flatbed capacity sags, Daseke sees strength in some end markets and continues to push forward with a company-wide overhaul.

Excluding several items, Daseke reported a near break-even first quarter. Demand headwinds in most of the markets it serves have ‘plateaued’ in recent weeks.

FreightWaves President George Abernathy interviews President and CEO of Werner Enterprises Derek Leathers to discuss the pandemic, the economy and technology.

ArcBest managed through the first quarter largely unscathed by the coronavirus outbreak. That has all changed in April as revenue is off 20% year-over-year.

ArcBest sees “one of the best first quarters” in company history, but COVID-19-related demand headwinds took a toll on April’s results.

Dan Cushman retiring after 11 years as the head of P.A.M. Transportation. The search is underway for a permanent replacement.

Hub Group’s first quarter miss included several one-off expenses unlikely to recur. However, volume headwinds are expected to persist in the near-term.

A better than expected first quarter yields to expectations that a recovery may not occur until June. Some of Schneider’s customers are starting up again, but demand in May will likely be choppy.

Schneider reports TL volumes are down upper single-digit percentages in late April, but notes that some of its customers shutdown by COVID-19 are set to come back online.

Saia’s first quarter performance placed its recent terminal expansion campaign on full display. Unfortunately, COVID-19 headwinds will mask near-term results.

Saia’s multi-year terminal expansion project drives earnings results well ahead of expectations.

Favorable customer mix to make Werner’s truckload model a little more defensive through the downturn.

Werner believes its consumer-heavy shipper base will allow the company to ‘more effectively manage through’ the downturn.

Covenant continues to reshape the company in efforts to better focus on contract logistics and improve its financial structure.

Declines in trucking shipments and spend, current and future, highlight the takeaways from U.S. Bank’s first-quarter Freight Payment Index report.

Landstar has seen volume declines accelerate in recent weeks and management believes that a recovery is unlikely until the automotive and building products segments resume activity.

Transportation invoice volumes fall 7.5% for payment services provider Cass Information Systems.

Jason Bates will fill the vacant CFO role at Daseke after three years in the same role at USA Truck.

Landstar System calls attention to its variable cost model as first quarter falls short of expectations. No guidance issued for second quarter.

Knight-Swift’s better than expected quarter yields to further uncertainty as the year progresses.

Manhattan Associates first quarter was well ahead of expectations. Management lowered guidance, but believes that this downturn will be shorter in duration.

Prologis reports solid first quarter, but reels in guidance on COVID-19 headwinds. An uptick in demand is not likely until a vaccine is discovered.

Heartland Express’ better than expected result was diminished by the lack of gains on equipment sales.

With the belt tightened at YRC, a covenant waiver and benefits contribution deferral are still required.

Diminished railcar demand and COVID-19 headwinds force railcar maker to halt production and trim staff.

Year-over-year declines in the Cass Freight Index accelerated in March, with the shipments index declining 9.2% and the expenditures index dropping 8.2% for the month.

P.A.M. Transportation finds success calling on its “friends in the industry” as it scrambles to replace lost automotive OEM business.

The J.B. Hunt first-quarter conference call provided a mixed bag of anecdotes. While concerns mount over economic disruption, the company has some offsets.

J.B. Hunt’s first quarter results, while slightly below consensus, were likely not as bad as feared. The company’s outlook provided on its earnings call will be the takeaway.

Cass data plummets further, erasing any chance of second-quarter year-over-year growth in shipments and freight costs, according to report.

Prologis’ update highlights strength of the logistics real estate market entering pandemic. Some clients are asking for rent relief.

U.S. logistics real estate operator announces it has reached the 100 million euro cap for its European logistics fund.

Morgan Stanley survey shows coronavirus disruption is accelerating for carriers, shippers and brokers, but the height of the disruption may be closer than some may think.

Activist investor Barna Capital seeks to swap out YRC Worldwide board members and make non-executive level changes in management.

While transportation industry participants have an abundance of questions loaded for management teams this earnings season, answers on the future will be tough to provide.

Even with a better-than-expected fiscal second quarter, Greenbrier invokes several measures to protect its workers and the “viability of the enterprise.”

FedEx provides a rather dim near-term outlook on operations and announces cost savings and balance sheet actions to preserve liquidity.

Tyson Foods plans to pay drivers and essential personnel $60 million in “thank you” bonuses for service during the pandemic.

After a surge in freight over the past few weeks, UBS transportation analyst Tom Wadewitz is predicting a rough two months.

Roadrunner Transportation Systems announces the sale of another business unit, this time unloading Stagecoach Cartage and Distribution.

Hub Group joins other transportation companies in accessing revolving credit to improve liquidity.

ArcBest battens the hatches on coronavirus concerns. The company draws down available credit and implements business continuity plan.

Trailer spotting and shuttle provider Lazer Spot acquires peer PHB Transport.

Roadrunner seeks voluntary delisting from the NYSE as it continues its reorganization and focuses on asset-light offerings.

Truck component supplier Meritor idles plants and cuts base salaries up to 50% to save the ship from rough seas.

XPO increases paid sick leave by two weeks for employees affected by the coronavirus.