Watch Now

Todd Maiden

Based in Richmond, VA, Todd is the finance editor at FreightWaves. Prior to joining FreightWaves, he covered the TLs, LTLs, railroads and brokers for RBC Capital Markets and BB&T Capital Markets. Todd began his career in banking and finance before moving over to transportation equity research where he provided stock recommendations for publicly traded transportation companies.
Aug - 2022 -
Todd Maiden

Cass: July trends ‘steady as she goes’

Cass data shows changes in freight shipments and expenditures during July were less volatile when compared to prior months.

Read More »
02 August
Todd Maiden

Transportation capacity rises again in July, pricing declines, report says

Transportation data showed further loosening during July, according to a supply chain survey released Tuesday.

Read More »
Todd Maiden

La capacidad de transporte vuelve a aumentar en julio y los precios disminuyen, según un informe 

El Índice de Gestores Logísticos muestra que las tarifas se contraen por primera vez en 2 años

Read More »
Jul - 2022 -
29 July
Todd Maiden

ArcBest’s Q2 beat underscores successful yield initiatives

ArcBest reported better-than-expected results again during the second quarter.

Read More »
28 July
Todd Maiden

P.A.M. Transportation reports Q2 beat

P.A.M. Transportation Services reported better-than-expected second-quarter results Thursday.

Read More »
Todd Maiden

Schneider sees moderating demand, expects ‘constructive’ back half

Schneider National beat second-quarter expectations even with a precipitous drop in gains on sale.

Read More »
Todd Maiden

Forward Air CEO: ‘If there is a recession, bring it on’

Forward Air raised its earnings expectations again. Management believes it has the ability to generate higher results even in a recession.

Read More »
Todd Maiden

Large carriers still constructive on 2nd half

Commentary from the C-suites of trucking remains positive for the 2022 back half.

Read More »
27 July
Todd Maiden

Saia unlikely to alter growth plans on cycle’s downside

Less-than-truckload carrier Saia reports record results for the second quarter and said it has no plans of slowing its growth initiatives.

Read More »
Todd Maiden

Old Dominion posts industry record sub-70% OR in Q2

Old Dominion Freight Line’s 69.5% operating ratio during the second quarter was not only a company best but a best-ever result for a public carrier.

Read More »
25 July
Todd Maiden

Heartland Express: ‘Volatile freight demand’ in H2 will exceed available capacity

Truckload carrier Heartland Express said it expects freight demand to exceed its available capacity for the rest of 2022.

Read More »
21 July
Todd Maiden

Landstar’s Q2 misses mark; revenue per load steadies

Broker Landstar System missed second-quarter expectations but noted pricing metrics are holding firm.

Read More »
20 July
Todd Maiden

Knight-Swift positioned to perform in H2; LTL provides spark in Q2

Knight-Swift Transportation rode higher revenues and better margins in all of its divisions to a beat-and-raise second quarter.

Read More »
Todd Maiden

Shelley Simpson named president of J.B. Hunt

J.B. Hunt Transport Services announced the promotion of 28-year company veteran Shelley Simpson to president on Wednesday.

Read More »
Todd Maiden

Shelley Simpson es nombrada presidenta de J.B. Hunt 

Nuevo cargo para una veterana de la compañía con 28 años
de experiencia

Read More »
Todd Maiden

U.S. Bank: Freight shipments and costs step higher in Q2

Freight payments data from U.S. Bank showed sequential increases in volumes and costs during the second quarter.

Read More »
19 July
Todd Maiden

J.B. Hunt overcomes slow rail service in Q2 beat

J.B. Hunt Transport Services beat second-quarter expectations despite persistent rail congestion and supply chain bottlenecks.

Read More »
Todd Maiden

J.B. Hunt beats Q2 estimates

J.B. Hunt Transport Services’ second quarter came in ahead of forecasts.

Read More »
18 July
Todd Maiden

Refrigerated carrier Marten posts record results in Q2

Temperature-controlled carrier Marten Transport rode higher yield metrics to a record quarter.

Read More »
Todd Maiden

Prologis sees ‘normalization’ in warehouse demand off all-time highs

Logistics real estate investment trust Prologis on Monday pointed to some moderation in demand trends but pushed its full-year financial expectations higher.

Read More »
Todd Maiden

Logistics warehouse giant Prologis ups guidance again

Logistics warehouse owner Prologis reported in-line second-quarter financials Monday but full-year expectations were increased on “healthy demand.”

Read More »
14 July
Todd Maiden

ContainerPort Group adds drayage capacity

Drayage provider ContainerPort Group has announced the addition of truck capacity in key port markets.

Read More »
Todd Maiden

Refrigerated carriers combine as KLLM acquires Quest Global

KLLM Transport Services, one of the nation’s largest temperature-controlled carriers, on Thursday announced its acquisition of Quest Global.

Read More »
13 July
Todd Maiden

Decline in June shipments signals ‘soft patch’

June shipments data from Cass shows the fourth decline in six months from 2021 levels.

Read More »
Todd Maiden

J.B. Hunt adds transload service in the West

J.B. Hunt Transport Services said it will open a transload facility to serve Southern California’s ports. The move follows several other recent initiatives aimed at upping intermodal service.

Read More »
11 July
Todd Maiden

Industrial outdoor storage garners more attention, investment

Industrial outdoor storage sites continue to attract the attention of transportation providers and investors with deep pockets.

Read More »
09 July
Todd Maiden

How the parcelization of LTL is shaping up

AskWaves chats with an industry insider about the work the less-than-truckload industry is doing to close the automation gap.

Read More »
06 July
Todd Maiden

Pitt Ohio acquires assets from partner carrier Teal’s Express

Less-than-truckload carrier Pitt Ohio announced the acquisition of assets from Teal’s Express, which will provide it coverage in New York.

Read More »
Todd Maiden

Transportation capacity up again in June, pricing growth slows

A supply chain survey released Tuesday showed market fundamentals continued to cool during June.

Read More »
Jun - 2022 -
30 June
Todd Maiden

J.B. Hunt to expedite delivery of new containers, customer freight

J.B. Hunt announced a long-term agreement with a cargo shipping line to expedite the delivery of new intermodal containers and the freight of its customers.

Read More »
Todd Maiden

E-commerce transportation provider TLSS adds JFK Cartage to portfolio

Cougar Express, a Transportation and Logistics Systems subsidiary, has entered into an agreement to acquire a local cartage outfit near JFK International Airport.

Read More »
Todd Maiden

Saia advances terminal growth initiative

Less-than-truckload carrier Saia continues to grow its terminal map at an industry-leading pace.

Read More »
Todd Maiden

Burris Logistics acquires cold chain provider in latest deal

Burris Logistics expands cold chain service map for subsidiary Honor Foods in its latest acquisition.

Read More »
24 June
Todd Maiden

Transportation, logistics M&A data mixed as uncertainty mounts

A midyear report showed mixed data for deal flow in the transportation and logistics sector.

Read More »
23 June
Todd Maiden

Roadrunner adds more direct lanes, improves service times

Roadrunner said Thursday it has completed the second phase of service enhancements in its metro-to-metro, less-than-truckload network.

Read More »
Todd Maiden

Contract packaging provider Coregistics acquired by private equity

Red Arts Capital makes another acquisition in the supply chain, adding contract packaging provider Coregistics to its portfolio.

Read More »
16 June
Todd Maiden

ShipX busca crecer con una plataforma de comercio electrónico única en su género 

La expansión en el sur es la siguiente fase de crecimiento para la startup de entregas

Read More »
Todd Maiden

ShipX looking to grow one-of-a-kind e-commerce platform

Following an acquisition that gave ShipX end-to-end e-commerce delivery capabilities, the company is looking to expand its geography.

Read More »
15 June
Todd Maiden

Small Fleet recap: How small fleets can get on big shippers’ radar

A fireside chat with consultant Paul Estrada discussing how small carriers can maximize relationships to get freight from large enterprise shippers.

Read More »
14 June
Todd Maiden

C.H. Robinson’s global forwarding unit reportedly eyed by DSV

DSV has been reported to be interested in acquiring C.H. Robinson’s global forwarding unit for as much as $9 billion.

Read More »
Todd Maiden

Cass: Shipments bounce back in May, expenditures dip from record highs

Cass freight data shows shipments recovered in May as costs stepped down from record levels.

Read More »
Todd Maiden

Prologis acquiring Duke Realty in $26B transaction

Logistics warehouse operators Prologis and Duke Realty have come to terms in a $26 billion deal.

Read More »
09 June
Todd Maiden

Yellow’s Q2 volumes fall again amid network overhaul

Less-than-truckload carrier Yellow Corp. reported another drop in tonnage during May as its terminal rationalization continues.

Read More »
08 June
Todd Maiden

Transportation capacity up again in May; prices still climbing

Capacity increased again in May, according to the Logistics Managers’ Index. However, the transportation market stabilized in the back half of the month.

Read More »
07 June
Todd Maiden

Schneider adquiere una empresa de transporte con sede en Wisconsin 

El acuerdo por los activos de deBoer Transportation añade 160 tractores y 660 remolques a la flota

Read More »
Todd Maiden

Schneider acquires Wisconsin-based carrier

Schneider announced the acquisition of deBoer Transportation, a regional dedicated fleet of 160 power units.

Read More »
06 June
Todd Maiden

Old Dominion update points to strong Q2

Old Dominion Freight Line reported a continuation in positive revenue, pricing and tonnage trends during May.

Read More »
02 June
Todd Maiden

ArcBest, Saia report positive Q2 trends through May

A couple of less-than-truckload carriers reported positive demand trends for the first two months of the second quarter.

Read More »
01 June
Todd Maiden

Landstar loses another CFO after short tenure

Freight broker Landstar System announces another change at CFO.

Read More »
Todd Maiden

Lineage Logistics and Bay Grove acquire visibility platform Turvo

Temperature-controlled warehouse operator Lineage Logistics and Bay Grove acquire supply chain visibility platform Turvo for an undisclosed amount.

Read More »
May - 2022 -
31 May
Todd Maiden

ShipX closes e-commerce transportation loop through acquisition

ShipX creates an end-to-end e-commerce solution with the acquisition of Princeton Logistics and TriStar Carriers.

Read More »
26 May
Todd Maiden

Southern California ports rank dead last on global efficiency index

Supply chain bottlenecks on the West Coast last year were evident in global port ranking data.

Read More »
24 May
Todd Maiden

Los valores de LTL son los verdaderos perdedores en la venta del mercado 

La exposición del sector a la venta al por menor se hace evidente en la reacción a las pérdidas del primer trimestre de Target y Walmart

Read More »
Todd Maiden

LTL stocks the real loser in market sell-off

The high-flying darlings of 2021, less-than-truckload stocks are finding their way back to earth quickly this year.

Read More »
22 May
Todd Maiden

How widespread is API connectivity in the LTL industry?

AskWaves looks at application programming interfaces in the less-than-truckload industry and how far the evolution can go.

Read More »
19 May
Todd Maiden

Large carriers still seeing strong demand midway through Q2

Freight demand trends in a softening market continue to be bifurcated with large fleets remaining unscathed so far.

Read More »
18 May
Todd Maiden

Fox Logistics expands offering with freight automation platform Boxton

Third-party logistics provider Fox Logistics announced it has acquired Boxton’s automated freight platform.

Read More »
12 May
Todd Maiden

Cass: ‘The freight cycle has downshifted with a thud’

Freight data from payments management platform Cass showed April volume declines were worse than normal seasonal trends.

Read More »
11 May
Todd Maiden

Yellow Corp. says terminal closures won’t hurt freight capacity

Yellow Corp. executives told analysts that the company’s plan to close and consolidate terminals won’t reduce capacity in its network.

Read More »
Todd Maiden

Yellow Corp. dice que el cierre de terminales no afectará a la capacidad de carga 

El transportador LTL espera reducir el número de instalaciones a 300 para finales de año

Read More »
Todd Maiden

Prologis: US logistics real estate market hits record-low 16-month supply

Prologis’ research arm released several data points Wednesday pointing to prolonged tightness in warehouse markets.

Read More »
Todd Maiden

Radiant Logistics: ‘We’re still seeing good volumes’

Multimodal transportation provider Radiant Logistics reported record results again during its fiscal quarter ended March 31. Demand still remains healthy throughout its network.

Read More »
10 May
Todd Maiden

FOSC chat: A look at post-COVID e-commerce investing

A fireside chat with the head of Cambridge Capital on the post-COVID landscape of e-commerce investing.

Read More »
Todd Maiden

Yellow Corp. recorta las pérdidas en el primer trimestre y dice que el cierre de terminales reducirá los costos 

El segundo trimestre registrará una mejora secuencial de los márgenes superior a la media, según la dirección

Read More »
Todd Maiden

Prologis offers to buy Duke Realty for $24B

Logistics real estate investment trust Prologis makes a $24 billion all-stock offer for competitor Duke Realty.

Read More »
09 May
Todd Maiden

FOSC chat: Convoy’s CEO on building flexibility into the model

This fireside chat focuses on managing the ups and downs of the trucking market with Convoy’s Dan Lewis.

Read More »
Todd Maiden

Forward Air acquires West Coast intermodal drayage provider

Forward Air announced the first West Coast addition to its drayage franchise with the acquisition of Edgmon Trucking.

Read More »
06 May
Todd Maiden

Universal Logistics beats in Q1, ups expectations for 2022

Universal Logistics saw improvement across all of its asset-light segments during the first quarter. Its updated guidance may prove conservative.

Read More »
05 May
Todd Maiden

Yellow Corp. tells Teamsters it will close 9 terminals as part of restructuring

Less-than-truckload carrier Yellow Corp. has begun the next phase of its multiyear transformation. A recent proposal seeks to consolidate and close terminals in the West.

Read More »
Todd Maiden

Yellow Corp. comunica a los camioneros que cerrará 9 terminales como parte de la reestructuración

La solicitud tiene como objetivo cerrar y consolidar las terminales, establecer centros de rendimiento de velocidad

Read More »
Todd Maiden

Echo acquisition adds temperature-controlled LTL, national warehouse footprint

Echo Global Logistics announced its first acquisition since being taken private last year. It signed an agreement to acquire temperature-controlled services provider Roadtex Transportation.

Read More »
Todd Maiden

Large truckload carriers say recent downturn not hurting them

Trucking executives at large fleets acknowledged a weakening spot market during the first-quarter earnings season but their ties to the contract market give them confidence.

Read More »
03 May
Todd Maiden

Werner beats in Q1, expects ‘washout’ for carriers dependent on spot market

Werner Enterprises continues to see solid contractual rate increases. However, it warned that newly minted carriers dependent on the spot market are likely in trouble.

Read More »
Todd Maiden

Daseke’s outlook calls for flatbed rates to remain strong

Management from flatbed provider Daseke said April was “strong,” a continuation of the better-than-expected performance it recorded in the first quarter.

Read More »
Todd Maiden

Las presiones en la cadena de suministro de EE.UU. se reducen al aumentar la capacidad de transporte

El Índice de Gerentes de Logística muestra que las métricas de la cadena de suministro retroceden desde los máximos recientes

Read More »
Todd Maiden

US supply chain pressures ease as transportation capacity grows

Transportation capacity grew for the first time since May 2020, according to a monthly supply chain survey.

Read More »
Apr - 2022 -
29 April
Todd Maiden

ArcBest blows past Q1 expectations; margins to improve further

Management from ArcBest said positive yield actions are allowing it to keep reinvesting in the network, which will continue to improve service and margins.

Read More »
Todd Maiden

ArcBest sees ‘record profitability’ in Q1

ArcBest easily beat first-quarter expectations Friday. The positive revenue trends have carried through April.

Read More »
28 April
Todd Maiden

Schneider sees ‘healthy’ contract freight market

Schneider beat estimates and raised full-year expectations Thursday. Management has been “encouraged” by contractual rate renewals so far this year.

Read More »
Todd Maiden

Forward Air to hit 2023 EPS target a year early

Forward Air beat first-quarter expectations and pulled forward 2023 financial targets by a full year.

Read More »
27 April
Todd Maiden

Old Dominion could see sub-70% OR in Q2

Less-than-truckload carrier Old Dominion beat first-quarter expectations Wednesday. The company moved one step closer to doing “something that they said couldn’t be done.”

Read More »
22 April
Todd Maiden

Net-Zero Carbon recap: Collaboration key to hitting sustainability goals

Emily Phillips, VP of advanced solutions at XPO Logistics, chats with FreightWaves’ Kaylee Nix at the Net-Zero Carbon Summit.

Read More »
21 April
Todd Maiden

GTI Transport Solutions acquires container transport provider Foxconn Logistics

GTI Transport Solutions announced Thursday the acquisition of container transport provider Foxconn Logistics.

Read More »
Todd Maiden

Landstar model partially insulated from spot rate chaos

Management from Landstar System is predicting “another great year” even as spot market fundamentals loosen.

Read More »
20 April
Todd Maiden

Knight-Swift says trucking downturn would favor carriers with large trailer pools

Knight-Swift Transportation lays out a thesis showing how large carriers will navigate a potential downturn considerably better than small fleets.

Read More »
Todd Maiden

Knight-Swift dice que la caída de los camiones favorecería a los transportistas con grandes conjuntos de remolques

‘Tenemos problemas para encontrar un BPA, Beneficio Por
Acción (EPS por sus siglas en inglés)que no comience con un
4’.

Read More »
Todd Maiden

P.A.M. Transportation scores record Q1 on higher rates

P.A.M. Transportation Services saw significant growth in its truckload and brokerage units during the first quarter.

Read More »
Loading Posts