Truckload Fleets Cutting Expenses
A big drop in fuel prices helped mitigate cost increases in labor, insurance, and maintenance at truckload fleets.
Truckload Profitability Suffers
The one-way truckload fleets struggled the most in the first quarter with average operating margins slipping negative. Dedicated fleets took less of a beating.
Truckload Sector Managing Cash Tightly
Despite declining revenues and margins over the past few years, large truckload fleet balance sheets are holding up quite well. They have the borrowing capacity to expand when the time is right.
Knight-Swift Ekes Out Revenue and Income Gains
Knight-Swift Transportation had a reasonable first quarter thanks to freight rate gains on the truckload side. The LTL division did not perform as well.
J.B. Hunt Weathers The Storm
J.B. Hunt Transport management had a steady hand at the wheel during a stormy first quarter for the freight market
Marten Has A Rough Quarter
Not a lot of good news to report from Mondovi, WI based carrier as it continues to struggle with depressed freight rates
