In its upcoming report, Landstar System (LSTR) is predicted by Wall Street analysts to post quarterly earnings of $0.92 per share, reflecting a decline of 30.3% compared to the same period last year. Revenues are forecasted to be $1.13 billion, representing a year-over-year decrease of 3.5%.The consensus EPS estimate for the quarter has been revised 2.9% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates d ...

Schneider National (SNDR) Q1 2025 Earnings Call May 01, 2025 10:30 AM ET Company Participants Steve Bindas - Director of Finance - IRMark Rourke - CEO, President & DirectorDarrell Campbell - Executive VP & CFOJim Filter - Executive VP & Group President of Transportation & LogisticsJason Seidl - Managing DirectorRavi Shanker - Managing DirectorKen Hoexter - Managing DirectorJonathan Chappell - Senior Managing DirectorDaniel Imbro - Managing DirectorJ. Bruce Chan - Director Conference Call Participants Brian ...

Schneider National (SNDR) Q1 2025 Earnings Call May 01, 2025 10:30 AM ET Speaker0 Thank you. I'd now like to turn the call over to Steve Bindis, Director of Investor Relations. You may begin. Speaker1 Thank you, operator, and good morning, everyone. Joining me on the call today are Mark Wark, President and Chief Executive Officer Daryl Campbell, executive vice president and chief financial officer and Jim Filter, executive vice president and group president of Transportation Logistics. Earlier today, the co ...

Financial Data and Key Metrics Changes - Enterprise revenues excluding fuel surcharge were $1.26 billion, an 8% increase year over year [19] - Adjusted income from operations was $44 million, a 47% increase year over year [19] - Adjusted diluted earnings per share for the first quarter was $0.16 compared to $0.11 last year [20] - Enterprise adjusted operating ratio improved by 90 basis points compared to the first quarter of 2024 [20] Business Line Data and Key Metrics Changes - Truckload revenues excluding fuel surcharge were $614 million, a 14% increase year over year, primarily due to the acquisition of Cowen and higher dedicated and network revenue per truck per week [20] - Truckload operating income was $25 million, up nearly 70% year over year [21] - Intermodal revenues excluding fuel surcharge were $260 million, a 5% increase year over year, with operating income increasing by 97% to $14 million [22] - Logistics revenues excluding fuel surcharge were $332 million, a 2% increase year over year, with operating income up 50% to $8 million [23] Market Data and Key Metrics Changes - The market remains highly competitive, with truck network achieving low to mid single-digit percentage increases [10] - Intermodal rates remained largely flat year over year, with increased volume allocations in certain geographies [11] - The dedicated retention rate remains in the low nineties, with expectations of elevated churn in the second and third quarters [9] Company Strategy and Development Direction - The company is focused on optimizing capital allocation across strategic growth drivers, including dedicated truck, intermodal, and logistics [7] - A commitment to cost containment across all expense categories aims to enable reinvestment in growth initiatives [13] - The company aims to transition to a more variable cost model by expanding owner-operator relationships [15] - The strategic differentiators include unique dedicated brands and strong rail relationships, enhancing reliability for intermodal shippers [18] Management's Comments on Operating Environment and Future Outlook - Management noted that the first quarter results were in line with expectations despite weather impacts and economic uncertainty [14] - There is a recognition of potential volume drop in intermodal due to tariff uncertainty, but new business wins are expected to offset this [35] - The company anticipates continued year-over-year improvement in results through 2025, despite moderating expectations for earnings improvement [26] Other Important Information - The company has established targets of more than $40 million in additional cost reductions across the enterprise [13] - The updated full-year 2025 guidance for adjusted earnings per share is $0.75 to $1, reflecting current trade policy and economic uncertainty [26] Q&A Session Summary Question: What are you seeing regarding the expected deceleration of imports? - Management indicated that while intermodal is tied to imports, new business wins are expected to offset anticipated declines in volume [35] Question: Can you characterize the new business wins within intermodal? - New business wins are expected to ramp up in the second quarter, with strengths noted in Mexico and other areas [42][44] Question: What is the outlook for dedicated growth? - Management believes there is still a long runway for dedicated growth, with many customers pivoting from private fleets to common carriers [106] Question: How much of the targeted $40 million cost reductions has been realized? - The company is looking at various cost categories, with the full-year annualized impact expected to be achievable [110] Question: How do you view the pricing environment? - Management expects pricing to moderate in the near term, with continued year-over-year improvements anticipated [62]

Core Insights - Wabash has partnered with Echo Global Logistics to enhance Echo's drop trailer program and service offerings, leveraging Wabash's Trailers as a Service (TaaS) solution [1][4] - The partnership aims to meet the growing demand for flexible freight options, allowing Echo to access trailer capacity on demand without the complexities of fleet ownership [2][3] - Wabash's TaaS provides a comprehensive solution that includes trailer capacity, maintenance, repair, and telematics, streamlining operations for Echo and enabling them to focus on tech-enabled freight solutions [3][4] Company Overview - Wabash is a leading provider of solutions that optimize supply chains across transportation, logistics, and infrastructure markets, headquartered in Lafayette, Indiana [6] - The company designs, manufactures, and services a wide range of products, including van trailers, flatbed trailers, and tank trailers, supporting first-to-final mile operations [6] - Echo Global Logistics is a prominent provider of technology-enabled transportation and supply chain management services, headquartered in Chicago, with over 30 offices in North America [7] - Echo offers freight brokerage and managed transportation solutions across various modes, utilizing advanced technology to analyze data from a network of over 50,000 transportation providers [7]

Core Viewpoint - The company reported higher earnings in Q1 2025, driven by improved gross profit, particularly in the Air & Sea division, despite facing market uncertainties related to global trade [2][4][7]. Financial Performance - Revenue for Q1 2025 was DKK 41,680 million, an increase from DKK 38,340 million in Q1 2024 [3]. - Gross profit rose to DKK 10,991 million, up 6.2% from DKK 10,265 million in the previous year [3][4]. - Operating profit (EBIT) before special items increased by 4.8% to DKK 3,860 million compared to DKK 3,641 million in Q1 2024 [3][4]. - Profit for the period improved to DKK 2,812 million from DKK 2,393 million year-on-year [3]. - Adjusted earnings for the period were DKK 2,874 million, up from DKK 2,463 million [3]. - Adjusted free cash flow surged to DKK 3,165 million from DKK 443 million in Q1 2024 [3][7]. Segment Performance - The Air & Sea division reported a gross profit increase of 9.5%, with EBIT before special items growing by 10.6% compared to the same period last year [5][7]. - Sea freight volumes grew by 3% year-on-year, aligning with estimated market growth, while air freight volumes remained stable [5]. - The Road segment experienced lower EBIT before special items due to weaker market conditions and cost inflation, although earnings improved sequentially from Q4 2024 [6][7]. - Solutions segment saw a revenue growth of 4.9% and a gross profit increase of 6.7%, but EBIT before special items decreased by 6.3% due to higher costs [9]. Strategic Developments - The completion of the Schenker acquisition marks a significant milestone in the company's growth strategy, expected to enhance its position in the transport and logistics sector [2][7]. - Full-year 2025 guidance for EBIT before special items has been upgraded to DKK 19.5-21.5 billion, reflecting the anticipated contribution from Schenker [7][14]. - Annual synergies from the Schenker integration are estimated at DKK 9.0 billion by the end of 2028, with total transaction and integration costs expected to be around DKK 11.0 billion [12][14]. Outlook - The company will include Schenker in its consolidated results starting May 1, 2025, with an update on integration expected in the H1 interim financial report [10]. - The effective tax rate is projected to remain at approximately 24% [14].

HAZELWOOD, Mo., April 29, 2025 (GLOBE NEWSWIRE) -- ITF Group has been honored as one of the Regional Truckload Carriers of the Year in Uber Freight’s prestigious 2024 Carrier Awards, recognizing top-performing carriers across its vast logistics network. Each year, Uber Freight honors standout carriers that demonstrate exceptional service, operational excellence, and commitment to innovation in the past year. The 2024 awards program recognized leaders across a wide range of categories, including long-haul an ...

Core Insights - Freightos Limited reported strong preliminary key performance indicators for Q1 2025, showcasing continued growth in its digital freight network despite tariff uncertainties [1][4]. Performance Metrics - The company facilitated 371,000 transactions in Q1 2025, reflecting a 25% year-over-year growth and surpassing management's expectations [3][7]. - Gross Booking Value (GBV) reached $276.1 million in Q1 2025, marking a 43% year-over-year increase, driven by higher transaction volumes and freight rate stability [3][7]. Platform Expansion and Network Growth - Freightos expanded its network to 71 carriers in Q1 2025, including new specialized cargo operators, and unique buyer users grew by 10% year-over-year to 19,700 [7]. - The company emphasized the resilience of its digital platform, stating that changes in trade policies would have a marginal impact on the vast growth opportunities available [4][7]. Future Outlook - Financial results for Q1 2025 will be reported in the second half of May, with specific details to be published in early May [5].

Freight and logistics remain challenged amid the sticky inflation and softer demand. Even ArcBest Corporation (NASDAQ: ARCB ) , an industry player that has existed for nearly 60 years, cannot cushion the impact. Its weaker topline performance was evident in 2024. Despite allI have been working in the logistics sector for almost two decades. I have been into stock investing and macroeconomic analysis for almost a decade. Currently, I focus on ASEAN and NYSE/NASDAQ Stocks, particularly in banks, telco, logist ...