Heartland Express posts Q2 profit on equipment sales, not freight
The Iowa truckload carrier turned a $10.6 million profit in Q2 2026, but only because it sold $22 million more equipment than last year. Without those gains,…
Earnings & Financials
Quarterly earnings reports, operating ratios, EBITDA, revenue, profit/loss, guidance, forecasts, and the financial side of public-company carriers, OEMs, brokers, and rails.
Capacity Crunch, Not Demand, Drives Spot Rates to $3.53/Mile
JB Hunt and Knight-Swift beat Q2 earnings on double-digit contract rate gains and 15.44% tender rejections as regulatory barriers keep new carriers out and…
Aurora's $0.85/Mile Autonomous Rate Isn't a Broker Story
The autonomous trucking developer reported Q2 pricing for its driver-replacement subscription, but small fleets face no new broker fraud risk from the…
UPS Guidance Disappoints as Amazon Freight Push Weighs on Volume Outlook
Parcel giant declines to guide domestic business higher for second half despite resilient consumer demand, raising fresh questions about Amazon's impact on…
Knight-Swift Q2 Beat Doesn't Signal Broker Fraud Risk for Small Fleets
Large carrier's 23% earnings beat and 30% tender rejection rate reflect tight capacity and rising contract rates, not broker payment problems. Small fleets…
Ryder Q2 Earnings Beat on Used Truck Sales, Not Broker Fraud
The fleet-management giant posted $3.73 EPS in Q2 2026, up 12% year-over-year, driven by used tractor pricing 6% above residual value. No broker-fraud angle in…
Daimler Truck Finance sees freight recovery after four-year downturn
Tobias Waldeck and Kevin Bangston say capacity is stabilizing, EPA rules are driving fleet investment, and AI data centers are creating new freight lanes.
Analysts Raise Carrier Earnings Forecasts as LTL Leads Upcycle
Deutsche Bank expects median EPS growth of 15% in Q2 and 21% in Q3 as LTL carriers restore margins and truckload capacity tightens.
Wall Street Split on FedEx Freight Margin Target After 6% Volume Drop
Truist and Stifel set 'hold' ratings on FDXF shares as analysts question whether the newly independent LTL carrier can hit its 15% operating margin goal while…
ArcBest Raises Q2 LTL Margin Forecast 200 Basis Points on Fuel, Rates
ABF Freight parent now expects 90.8% adjusted operating ratio in Q2, 200 bps better y/y, as diesel prices lift fuel surcharges and truckload shipments push…
Hub Group CFO and COO Exit After $77M Accounting Error
Hub Group's finance chief and operations chief departed May 28 following a purchased-transportation understatement that forced the company to restate three…
BMO Credit Data: Trucking Finances Still Weak Despite Rate Upturn
Canada's largest trucking lender reports four key credit metrics deteriorated in Q2 2026, even as freight rates strengthened. The data may be the last…