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Werner Enterprises reported first quarter revenue of $832.7 million, up 9% year over year compared to the same period last year.
Less-than-truckload carrier Yellow Corp. recorded a net loss during the first quarter as it attempts to overhaul its network.
Quarterly earnings at stand-alone brokerage RXO were healthy compared to the performance of most companies in the freight sector.
Korean Air and Lufthansa Cargo saw cargo revenues shrink substantially during the first quarter amid weak economic conditions.
Tech solutions firm Trimble reported $154.9 million in first-quarter transportation revenue amid a softening freight market.
The softer markets in air and ocean freight are directly visible in Expeditors’ first-quarter earnings.
Canadian air cargo company Cargojet is searching under every rock for savings to maintain profit levels as shipping demand deteriorates.
The price of crude oil is now lower than it was when OPEC announced its latest cuts, fueling more concern on tanker demand.
Supply chain software provider e2open gave a bleak outlook in its earnings. Its stock took a pounding in response.
U.S. truck engine maker Cummins on Tuesday reported first-quarter revenue of $8.5 billion, boosted by strong global demand for its products.
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