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.
#Freight Capacity
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Saia Opens Washington, Indiana Terminals, Network Hits 216 Locations
The LTL carrier added terminals in Marysville, WA, and Edinburgh, IN, this month as it pushes density into lanes outside its Southeast core.
STG Logistics Cuts $1B in Debt, Plans May Exit from Bankruptcy
Intermodal marketing company settles with minority lenders, gains $150M fresh capital and majority ownership shift to Fortress and Invesco.