Logistics provider ArcBest sees positive tonnage trends continue in the first quarter. The less-than-truckload carrier is attempting to break the historical margin decline seen from the fourth quarter to the first.
Combined transportation and logistics powerhouse grows gross profit despite impact from COVID-19.
Roadrunner Transportation Systems announces the sale of another business unit, this time unloading Stagecoach Cartage and Distribution.
ArcBest posts down q4 results and January didn’t look much better
Universal Logistics Holdings names current head of transportation Tim Phillips as its new CEO. Phillips succeeds former CEO Jeff Rogers who “separated” from the company on Friday.
Landstar’s strong cash flow generation and enviable balance sheet allow it to pay large special dividends even in down market years.
Roadrunner Transportation Systems announced that it has found a replacement for its chief financial officer role as the restructuring continues.
Roadrunner Transportation Systems reports another large operating loss and announces that it will narrow its focus to its logistics and asset-light LTL segments.
ArcBest posted flat to down second quarter results as a weak LTL macro environment and too much truckload capacity hit its two main units.
Convoy CEO Dan Lewis said that digital brokerage margins would expand until most participants adopted low-cost structure, then start compressing.
Morgan Stanley likes asset-based carriers while Stifel is bullish on 3PLs, and the banks don’t agree on what the business risks to C.H. Robinson are.
