Latest News Updates From Keiron Greenhalgh

Business, For-Hire, Top 100

Landstar Q2 Profits Dip Amid Dry Van Market Softness

Profit and revenue at Landstar System Inc. fell in the second quarter of 2024, largely on the back of truckload market weakness.

August 1, 2024
Business, Logistics, For-Hire, Top 100

Werner Spots Signs of Hope Despite Disappointing Q2

Profit dropped at Werner Enterprises Inc. in the second quarter of 2024 as revenue slid more than analysts expected on the back of continued freight weakness, although executives are seeing more room for optimism from the last few weeks.

July 31, 2024
Business, Logistics, For-Hire

Estes Eyes 12% Terminal Door Total Increase in 2024

Estes Express Lines expects the number of terminal doors in the less-than-truckload carrier’s portfolio to jump more than 12% in 2024 to a total exceeding 12,750.

July 30, 2024
Business, For-Hire

Saia Lifts Target for 2024 Terminal Openings to 21

Saia could open a large batch of terminals in 2024 as profits and revenue grow at the less-than-truckload carrier, largely on the back of facilities acquired from the estate of Yellow Corp.

July 30, 2024
Business, Logistics, Breaking News

Knight-Swift Buys Dependable Highway Express’ LTL Business

Knight-Swift Transportation Holdings on July 30 announced that it is acquiring the less-than-truckload operations of Dependable Highway Express.

July 30, 2024
Business, For-Hire, Top 100

TFI Eyes Large Truckload, LTL Acquisitions in 2025, 2026

TFI International’s ongoing acquisition spree is set to accelerate in 2025, with substantial truckload and less-than-truckload deals on the horizon, according to CEO Alain Bédard.

July 30, 2024
Business, Equipment

Unprecedented Vocational Truck Demand Drives Allison Profits

Record demand for Class 8 vocational trucks propelled profits and revenue at Allison Transmission Holdings higher in the second quarter of 2024.

July 29, 2024
Business, Logistics, For-Hire

Saia Q2 Profit, Revenue Rise on Former Yellow Facilities

Profits and revenues at Saia Inc. jumped in the second quarter of 2024 as the carrier continued to benefit from the collapse of erstwhile less-than-truckload rival Yellow Corp.

July 29, 2024
Business, Technology, Equipment, Safety

Traton Q2 Profits Rise 4.4% Despite Navistar’s Mirror Woes

Traton’s profits rose in Q2 2024 as higher prices and South American demand trumped a slump in truck sales for Navistar’s International Trucks brand due to a shortage of mirrors.

July 26, 2024
Business, For-Hire

TFI to Put LTL, Truckload Units on Diets as Q2 Profit Falls

TFI International is cutting costs across both its Less-Than-Truckload and Truckload businesses amid what CEO Alain Bédard described as a stubbornly lackluster freight environment.

July 26, 2024