RXO Posts $6M Q1 EBITDA, Forecasts Up to $37M in Q2 as Rates Recover
The 3PL's gross margin fell 180 basis points as spot rates climbed against lower contract numbers, but the company expects sequential truckload profit-per-load…
#Truckload Rates
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Schneider Targets Mid-to-High Single-Digit Rate Hikes in 2026 Bid Season
Green Bay carrier reports highest contract renewal pricing since 2021, plans double-digit increases for transactional shippers after Q1 productivity gains…
ArcBest Reports Q1 Loss but Sees April Rate Firming in LTL and Truckload
The Fort Smith carrier posted a $1 million net loss but beat consensus on adjusted EPS. Executives say pricing is climbing as capacity exits continue and the…
Werner Doubles Mexico Intermodal Fleet to 800 Containers by Year-End
Omaha carrier bets on nearshoring demand and cross-border conversion as fuel and truckload rates climb.
Covenant Q1 Earnings Miss by 4¢ — March Rebound Flags Rate Gains
Chattanooga truckload carrier posted 26¢ per share against 30¢ forecast as winter weather and fuel costs hit margins, but CEO cites improving freight volumes…
Knight-Swift Targets 10%+ Rate Hikes as Capacity Exits Accelerate
Phoenix mega-carrier reports Q1 loss but tells investors mini-bids are multiplying and awarded contracts are being rejected because prices moved since January.