Bellwether Transportation Stocks
Transportation Stock News and Insights
“It’s the worst freight market since the Great Financial Crisis.” This statement is commonly heard on our channel checks among carrier and broker executives and often repeated on social media.…
Mid-50% intermodal bid compliance an ‘all-time low’ A falloff in container imports into the nation’s West Coast along with weaker domestic trucking volumes pushed J.B. Hunt Transport Services’ first-quarter results…
The trucking sector is on watch on Tuesday after a mega-deal was announced with Knight-Swift Transportation (NYSE:KNX) acquiring U.S. Xpress (USX) for a hefty premium. The $808M deal will go…
XPO Logistics (NYSE:XPO) reported a 3% increase in revenue for Q3 when the impact of selling the intermodal business is backed out. Adjusted net income from continuing operations increased to $168M…
Analyst sees $200M profit lever from service enhancements Less-than-truckload carrier Saia said demand weakened as the third quarter progressed. The company reported earnings per share of $3.67 Monday before the…
East Coast retail diesel prices are soaring relative to the rest of the country, propelled by inventories in the region that are almost half of what they normally should be…
It’s time to be realistic about this transportation industry Waning demand and macro headwinds mean it’s time to consider trucking stocks to sell. Daseke (DSKE): Revenue trends have been declining for…
J.B. Hunt Transport Services Inc. (NASDAQ:JBHT) price on Friday, October 21, rose 3.01% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $165.32.…
Knight-Swift Transportation Holdings (NYSE:KNX) shares slid sharply in Wednesday’s extended trading after missing EPS estimates and paring full-year forecasts. The Arizona-based transportation company posted $1.27 in adjusted earnings per share…
Knight-Swift Transportation Holdings Inc. (NYSE:KNX) went up by 1.77% from its latest closing price compared to the recent 1-year high of $62.29. The company’s stock price has collected -1.67% of…