Plus: A Google Cloud outage disrupts key freight platforms, a new Trevor Milton doc takes aim at the fraud narrative, GenLogs ranks the top carrier activity leaders, and more.
Trevor Milton’s documentary disputes his fraud conviction, presenting new evidence, industry critiques, and personal claims of injustice to reframe his fall from Nikola’s helm.
A June 12 cloud outage disrupted major logistics platforms including Truckstop and Project44 and others.
Landstar reported $1.15B in Q1 revenue and a $4.8M charge related to an international fraud incident, while freight volumes outpaced expectations despite a challenging market.
Landstar delays Q1 report after $15M freight fraud tied to one agent; EPS guidance cut amid rising insurance claims.
Saia shares have had an incredibly challenging past week, dropping 33% after missing earnings, down $117 from its high at $354.15, now trading at $237.95.
New data reveals freight brokerages averaging $1,267,516 gross revenue per employee. Brush Pass Research offers detailed intel for prospecting.
Major freight companies face revenue dips and profit plunges in Q2 2024. Schneider, TFI, ArcBest, and Hub Group report challenging market conditions.
Heartland Express, Covenant Logistics, and Knight-Swift Q2 earnings show mixed results, debt reduction, and market stabilization signs.
Triumph Financial's Q2 report brings optimism. CEO Aaron Graft reveals crucial trends in trucking and logistics. Is a market turnaround on the horizon?
RXO joins C.H. Robinson and Forward Air as the latest to face debt downgrading.
XPO's net income up 294%, Saia's revenue climbs 14.3% YoY, and Trimble sees 33% transportation revenue growth.
Werner reports hopeful trends despite Q1 challenges, with expectations for seasonal recovery and cost-saving measures.
Here's a glimpse at the latest Q1 results for major carriers, with key financial details and insights from company leaders.
On the bright side, they’ve snagged Walmart's intermodal assets and sold about 690 new trucks.
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