The July Logistics Managers’ Index points to a freight market recovery, a Tuesday report showed.

ArcBest misses second-quarter expectations as losses at its asset-light business continue.

ArcBest reported second-quarter results on Friday, which came in light of analysts’ expectations.

Temperature-controlled real estate investment trust Lineage Inc. announced it will give $100 million in equity awards to its workforce.

Less-than-truckload carrier XPO bested second-quarter expectations on Thursday as tonnage and yields continued to move higher.

Less-than-truckload carrier XPO beat second-quarter expectations as tonnage and yield increases were complemented by effective cost management.

Freight broker Landstar System shared some signs of market stabilization with analysts on a Tuesday call but said it’s still too soon to say the market has turned.

Broker Landstar System beat second-quarter estimates Tuesday as the period ended a two-year streak of sequential revenue declines.

Knight-Swift announced its third less-than-truckload acquisition on Tuesday, purchasing Los Angeles-based Dependable Highway Express for an undisclosed sum.

Love’s said Monday it has acquired the U.S. transportation factoring portfolio from REV Capital.

Growth-related costs and a less favorable freight profile led to Saia’s second-quarter results coming up short of expectations.

A first look at less-than-truckload carrier Saia’s second-quarter earnings report.

Cold storage real estate investment trust Lineage Inc. announced that its initial public offering priced near the high end of the range and will include at least 10 million more shares than expected.

Truckload carrier Pam Transportation Services lost money again in the second quarter but said it saw signs of an improving freight market as the quarter closed.

Knight-Swift Transportation said the trough of the freight cycle has likely passed and that it is now focused on growing its less-than-truckload business.

Old Dominion Freight Line beat second-quarter expectations Wednesday as it continues to ready its network for an improving freight economy where it plans to win market share.

Truckload carrier Heartland Express reported another quarterly net loss on Tuesday and said improvement in the freight market will not likely occur until 2025.

Less-than-truckload carrier Saia announced two new terminal openings on Monday and said it will now open 18 to 21 terminals this year versus a prior expectation of 16.

ABF Freight head Seth Runser has been named president of ArcBest. He will be succeeded by the less-than-truckload carrier’s engineering vice president, Matt Godfrey.

Logistics warehouse operator Prologis said uncertainty around interest rates and the political landscape should be resolved in the coming months, clearing a path for a more constructive 2025.

Western Express shared some of its safety strategies at FreightWaves’ Enterprise Fleet Summit on Wednesday.

Logistics real estate landlord Prologis noted “subdued” but “improving” demand in its second-quarter report issued Wednesday.

Less-than-truckload carrier XPO said it has expanded its cross-border service with the launch of XPO Mexico+.

J.B. Hunt missed second-quarter expectations Tuesday as soft freight demand and costs associated with carrying the capacity needed to meet future demand weighed on the period.

J.B. Hunt missed second-quarter expectations as volumes remained weak across all modes, expenses remained elevated and intermodal yields declined.

Real estate investment trust Lineage announced the pricing of its initial public offering on Tuesday.

Freight shipments and expenditures remained depressed in June, Monday data from Cass Information Systems showed.

Ryder System said Monday it will acquire mobile maintenance and repair services provider Pit Stop Fleet Service.

Forward Air said Wednesday that interim Chief Financial Officer Jamie Pierson will assume that role on a permanent basis and that it has added James Faught as chief accounting officer.

The June Logistics Managers’ Index captures no growth in transportation capacity for the first time since March 2022.

Forward Air’s review of the first quarter shows the company has a little more breathing room to upcoming debt covenants.

Temperature-controlled facility operator Lineage plans a public listing on the Nasdaq.

Less-than-truckload carrier Saia continues to open terminals acquired from bankrupt Yellow Corp.

TFI International has acquired food-grade tank hauler Entreposage Marco for an undisclosed sum.

Forward Air confirms it has implemented workforce reductions and other restructuring initiatives.

Shipments and cost data for May show no letup in the freight downcycle.

C.H. Robinson has joined the TriumphPay Network, a freight payments platform connecting brokers, shippers and carriers.

Truckload carrier Werner Enterprises’ CEO noted some reasons for optimism at an investor conference.

Descartes has completed its third acquisition of the year, acquiring BoxTop Technologies for $13 million.

ArcBest’s efforts to improve freight mix are producing big swings in its operating metrics, a May update revealed.

Less-than-truckload carrier XPO reported a modest increase in volumes during May, but yields took a notable step higher.

Old Dominion’s volume metrics continue to lag peers, largely by design.

Former FreightWaves analyst turned hedge fund manager Seth Holm shared his outlook for transportation stocks at Future of Supply Chain on Wednesday.

Forward Air’s shareholders approved the conversion of Omni’s nonvoting shares to voting common stock, giving the group 35% control of the combined entity.

Transfix is selling its brokerage business to supply chain services provider NFI.

Broker FLS Transportation announced it has acquired Anderson Transportation and Logistics, which brings flatbed brokerage expertise to the platform.

Radiant Logistics has acquired Cascade Transportation, a provider of time-critical domestic and international transportation services.

FreightWaves SONAR and Cass Information Systems announced on Tuesday a channel and integration partnership on supply chain intelligence.

Supply chain managers indicated higher transportation pricing in May but also noted that capacity continues to grow.

Less-than-truckload carrier Saia reported an acceleration in its volume metrics for May, sending its share price up 14% on Tuesday.

Yellow Corp. gets to exclusively oversee its liquidation for another 90 days, keeping shareholders’ hopes for recovery alive.

Supply chain services provider Descartes reported improved fiscal first-quarter results.

RoadOne has started construction on a 100-acre distribution project near the Port of Charleston.

Midwest Express and Sterling Transportation have launched a strategic partnership to better compete on the national stage.

Logistics real estate operator Prologis and Maersk subsidiary, Performance Team, launch a 96-truck electric charging station in Southern California.

A couple of truckload carriers provide an update on recent trends following a slew of poor first-quarter reports.

Forward Air announced it has hired two-time YRC Worldwide chief financial officer Jamie Pierson.

An amended class action complaint from Forward Air’s shareholders has been filed in a Tennessee court.

April data from freight payments platform Cass shows freight demand remains near cycle lows.

Less-than-truckload carrier Saia has tapped Matthew Batteh, vice president of finance, as its new chief financial officer.

Radiant Logistics reported an in-line result for its recent fiscal quarter and said the market has moved off the cycle bottom.

Forward Air’s first quarter missed expectations, sending shares 30% lower in pre-market trading Thursday.

A monthly supply chain survey shows a reversal in transportation metrics during April but points to improvement on the horizon.

Less-than-truckload carrier XPO will open the bulk of the terminal portfolio it acquired from defunct Yellow Corp. this year.

Less-than-truckload carrier XPO says robust yield improvement is still on the horizon even after it laps easy post-Yellow repricing comparisons.

Less-than-truckload carrier XPO easily surpassed analyst expectations for the first quarter as significantly higher yields amplified modest tonnage gains.

Schneider National cut full-year earnings guidance by 25% but said contractual truckload pricing turned positive in the first quarter.

Logistics real estate operator Link Logistics continues to see favorable demand for space on the downside of the freight cycle.

Werner Enterprises missed first-quarter expectations Tuesday and lowered some components of its 2024 outlook.

ArcBest saw big first-quarter tonnage declines as it continued to swap transactional business for contract freight.

ArcBest missed first-quarter expectations on Tuesday.

Saia and other less-than-truckload stocks sink for a second time in a week as quarterly reports disappoint.

Broker Landstar System’s first quarter showed the year-over-year declines are lessening while the trucking industry awaits an inflection to a prolonged freight recession.

Knight-Swift Transportation said Wednesday it will cut costs and focus the bulk of its investments away from truckload-related offerings in the near-term.

Transportation M&A adviser Spencer Tenney said a stabilizing freight market is helping to support M&A demand.

An in-line earnings report and tepid guidance from Old Dominion sent shares of less-than-truckload carriers lower Wednesday.

Heartland Express said Tuesday weak freight fundamentals led to another net loss during the first quarter.

Forward Air has named Ceva’s Shawn Stewart as its new CEO.

Pam Transportation Services joined other carriers Thursday, reporting a poor start to 2024.

Prologis modestly reeled in 2024 expectations on Wednesday as it believes the recent demand weakness is tied to near-term uncertainties.

Logistics warehouse landlord Prologis modestly lowered expectations for 2024 on Wednesday.

Knight-Swift Transportation cuts its first-half forecast one day after a notable earnings miss from J.B. Hunt Transport Services.

J.B. Hunt Transport Services’ first-quarter earnings miss sent shares 6% lower in after-hours trading on Tuesday.

J.B. Hunt Transport Services reported a miss on first-quarter expectations Tuesday after the market closed.

Less-than-truckload carrier Estes plans to add nearly 1,000 doors in 2024 as it brings former Yellow sites online.

March provides little relief from the freight downturn, contrary to what carriers had hoped.

The outcome of nearly 25,000 claims by employees that Yellow Corp. gave inadequate notice before mass layoffs may not be resolved this year.

Less-than-truckload carrier XPO said it has opened three of the 28 terminals it acquired from defunct Yellow Corp.

Less-than-truckload carrier Saia has opened two terminals as part of a plan to open up to 20 this year.

A Delaware bankruptcy court overseeing Yellow’s liquidation said Wednesday it will hear the case regarding nearly $8 billion in pension withdrawal liability claims against the estate.

Yellow’s breach-of-contract suit against the Teamsters union has been dismissed by a federal court in Kansas.

First-quarter earnings estimates for truckload carriers have been reeled in again as the industry awaits a meaningful turn in the cycle.

Onshore well services provider Enservco Corp. has entered an agreement to acquire Buckshot Trucking.

ArcBest announced a partnership with Nvidia in which it is swapping out 3D lidar sensors for an AI-based technology.

Bulk hauler Trimac announced the acquisition of North Carolina-based Feldspar Trucking, which hauls materials used for glass and ceramics production.

A prolonged period of elevated expenses has some fleets harnessing the power of the sun to mitigate the impact.

Broker Landstar System has added two top sales positions following its CEO transition.

Yellow filed an objection to numerous WARN Act claims in a Delaware bankruptcy court on Tuesday, saying its shutdown was sudden and it fought until the end to save the company.

TFI International has acquired less-than-truckload carrier Hercules Forwarding, which generates over $100 million in revenue each year.

PS Logistics announced the acquisition of flatbed fleet Yordy Transport on Monday.