Beasley said revenue per hundredweight declined about 3% year-over-year, including and excluding fuel surcharges, primarily due to reduced shipment activity in the manufacturing vertical. He also cited higher costs tied to additional labor to support shipment growth, annual increases in contracted union labor rates, and higher equipment depreciation.In the Asset-Based segment, fourth-quarter revenue was $649 million and was described as flat on a per-day basis. The segment’s operating ratio was 96.2%, up 42 ...

Get alerts: Landstar System (NASDAQ:LSTR) executives said challenging freight demand and supply chain uncertainty persisted into the company’s fiscal 2025 fourth quarter, but highlighted improving sequential pricing late in the quarter and continued outperformance in the company’s heavy haul business. Management also detailed several discrete insurance and claims items that weighed on quarterly results and provided an update on technology and artificial intelligence initiatives aimed at supporting Landsta ...

Despite the broader freight downturn, the company reported continued market share gains in North American Surface Transportation (NAST). Bozeman said NAST total volume rose 1% year over year in the fourth quarter, with truckload volume up about 3%, compared with a 7.6% decline in the Cass index. President of North American Surface Transportation Michael Castagnetto said combined truckload and LTL volume grew about 1%, with LTL volume up roughly 0.5%.Management described the quarter as challenging across mul ...

Core Viewpoint - Radiant Logistics (RLGT) has seen its stock price increase from the high $5s in November 2025 to around $6.60, indicating a potential investment opportunity despite the perception of having missed the boat [1]. Company Analysis - The investment perspective is shaped by a focus on cash flow durability, balance sheet strength, and practical risks associated with capital structures [1]. - The company targets mispriced opportunities created by market fear, prevailing narratives, or misunderstandings, particularly in cyclical industries, energy, industrials, and under-followed mid-caps [1]. - There is an emphasis on identifying asymmetric setups where companies have already faced market punishment while their fundamentals are stabilizing or improving [1]. Investment Strategy - The approach involves looking for situations where sentiment lags behind reality, allowing modest changes in expectations to drive significant stock price changes [1]. - The analysis is shared through Seeking Alpha to facilitate idea generation and company analysis for the investment portfolio [1].

Group 1 - The article highlights the initiation of coverage on Mullen Group (MTL:CA) with a buy rating, indicating confidence in the company's ability to capitalize on weaknesses in the freight and logistics markets [1] - The analyst, Dhierin-Perkash Bechai, specializes in aerospace, defense, and airline sectors, providing insights into investment opportunities within these industries [1] - The Aerospace Forum, led by the analyst, aims to uncover investment prospects in the aerospace, defense, and airline sectors, utilizing data-informed analysis to guide investment ideas [1]

MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corp. (NYSE: FDX) today announced the ten-member board of directors for FedEx Freight, ahead of its planned spin-off from FedEx Corp. on June 1, 2026. As previously announced, R. Brad Martin, current executive chairman of the FedEx Corp. board of directors, will serve as chairman of the board of FedEx Freight. John Smith, the incoming president and chief executive officer of FedEx Freight, will also serve as a director, alongside eight other highly experienced leaders ...

Core Viewpoint - Saia Inc. is rebranding its logistics arm LinkEx to "Saia Logistics," aiming to unify its freight and logistics services under one name for a more streamlined customer experience [1][2]. Group 1: Rebranding and Strategy - The rebranding reflects the close collaboration between Saia's freight and LinkEx teams, consolidating their less-than-truckload (LTL) network and logistics capabilities [2]. - The change is purely a brand alignment, with no alterations to ownership, service, pricing, agreements, or daily operations, ensuring continuity for customers [3]. - The unification under the Saia brand is intended to enhance customer understanding of the comprehensive solutions offered, supporting the company's long-term growth strategy [3]. Group 2: Customer Experience and Services - Customers will continue to work with the same contacts and processes, maintaining the relationships they have established [4]. - Saia Logistics will provide a full range of services, including truckload, expedited, warehousing, distribution, final mile, international, and integrated logistics, alongside its leading LTL network [4]. Group 3: Company Overview - Saia Inc. operates 213 terminals across the United States and is recognized for its safety record and environmental efforts [6]. - The company has received accolades such as the "Top Companies for Women to Work for in Transportation" by Women In Trucking [6].

UPDATE: FreightWaves has learned that R&R Family of Companies is engaged in acquisition discussions. According to a source familiar with the talks, “R&R Family of Companies is being pursued by a buyer with scale and capability.” Updated Jan. 13, 2:30 pm ET Pittsburgh-based R&R Family of Companies is facing growing scrutiny after multiple industry sources raised concerns about payment issues and lender support, while the company failed to respond to repeated requests for comment on Monday. The uncertaint ...

Heartland Advisors, an investment management company, released its “Heartland Mid Cap Value Fund” fourth-quarter 2025 investor letter. A copy of the letter can be downloaded here. As the overall stock market continues to widen, mid-caps are not experiencing the same. The high-quality value stocks continue to underperform, while speculative, low-quality, and momentum-driven sections of the market have received significant attention, and the valuation gaps are widening further. Against this backdrop, the Fund ...

Group 1 - The merger of FAST Group, formed in August 2025 from Sendle, FirstMile, and ACI Logistix, aimed to create a comprehensive e-commerce shipping ecosystem but faced immediate challenges post-merger [1][3][4] - Federation Asset Management, a key investor, froze redemptions in its $100 million fund due to a crisis at FAST Group, highlighting due diligence failures and financial discrepancies [1][2] - The logistics sector is experiencing risks from rapid consolidation driven by e-commerce demand, which can obscure operational and financial vulnerabilities [2] Group 2 - FAST Group's headquarters is in California, and it serves a diverse clientele across multiple countries, including the U.S., Australia, Canada, India, and the Philippines [3][4] - Sendle, a key player in the merger, focused on affordable, carbon-neutral parcel delivery for small e-commerce sellers, with pre-merger revenues estimated at $32.5 million [5] - FirstMile specialized in mid-market shipping optimization with revenues around $75 million, while ACI Logistix reported revenues between $23.6 million and $100 million [5]