US LTL Carrier Saia Posts Record $982.5M Q3 Revenue
Saia reported record third-quarter revenue of $982.5 million, up 17% year over year, and announced a $250 million buyback as its network buildout shifts toward profitability.
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Old Dominion Sees September Tonnage Turn Positive, But Demand Inflection Still Elusive
US LTL carrier Old Dominion posted its first year-over-year tonnage growth in more than two years in September, though management says a broader demand recovery hinges on easing energy costs.
Read MoreZero-Emission Truck Dealer Says Medium-Duty Should Go Electric First
The head of a U.S. zero-emission commercial vehicle dealer group argues the industry is overly focused on Class 8 electric trucks, while Class 4-6 medium-duty models are ready today and small fleets should benefit first…
Read MoreCass Q3 EPS Rises 19% as Freight Rates and Fuel Surcharges Lift Invoice Values
Cass Information Systems reported a 19% year-over-year increase in Q3 earnings per share, with transportation dollar volumes up 14.5% and about a quarter of the gain in average invoice value coming from fuel surcharges.
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