6+ hour, 14+ min ago  (506+ words) Freight broker Landstar System said Tuesday that the market is in the early stages of an upcycle. It reported notable yield growth during the first quarter, propelling financial results past analysts" expectations. Landstar (NASDAQ: LSTR) reported first-quarter earnings per share…...

6+ hour, 32+ min ago  (564+ words) The Omaha-based carrier reported total revenue of $808. 6 million, up 14% year over year, while narrowing its net loss to $4. 3 million from $10. 1 million a year earlier. Adjusted earnings turned positive at 2 cents per share, compared to a loss in the prior-year period....

10+ hour, 4+ min ago  (407+ words) Port Houston posted a strong rebound in March cargo volumes, helping push first-quarter container traffic past 1 million twenty-foot equivalent units (TEUs) while total tonnage continued to climb on the strength of bulk commodities and exports. The port handled 391, 037 TEUs in…...

12+ hour, 56+ min ago  (151+ words) The American Short Line and Regional Railroad Association (ASLRRA) has announced that Justin Broyles, president and chief executive of R. J. Corman, is the new chairman of the rail trade group's" board of directors. Broyles succeeds Matt Walsh, executive vice president of…...

12+ hour, 45+ min ago  (747+ words) The weekly benchmark diesel price used for most fuel surcharges recorded its third straight decrease after weeks of higher numbers, but the recent direction of futures prices suggest the pullback may not continue. That's a decline of 29. 2 cts/g over…...

14+ hour, 34+ min ago  (248+ words) Freight markets work better when all participants have access to the same quality of information. Bringing SONAR's TRAC Spot Rate data into Truck Smarter's Dispatch platform is a step toward a more transparent, efficient spot market, and that's good for…...

15+ hour, 28+ min ago  (1198+ words) Alain Bedard, the CEO of TFI International, has never been shy about discussing the problems of his U. S. LTL operations, which the company built from the acquisition of UPS Freight in 2021." On a previous earnings call with analysts, he said the…...

17+ hour, 15+ min ago  (277+ words) Arc Best (NASDAQ: ARCB)reported a headline net loss of $1 million, or 5 cents per share, Tuesday before the market opened. Excluding items considered nonrecurring, adjusted earnings per share of 32 cents were 19 cents worse year over year, but 3 cents ahead of…...

15+ hour, 49+ min ago  (510+ words) Fed Ex Corp. is gearing up to resume flying 28 MD-11 freighter aircraft by the end of May with the support of Boeing despite no public sign that regulators are ready to lift a mandatory grounding of the platform in place since…...

16+ hour, 40+ min ago  (299+ words) Phil Brink is the Head of Fraud Media and Education at Freight Waves and the CEO and co-founder of The Bannon Report, a freight risk intelligence platform that helps companies verify partners and prevent losses before freight moves. He began…...