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Landstar System(LSTR) - 2025 Q3 - Earnings Call Transcript
2025-10-29 05:32
Landstar System (NasdaqGS:LSTR) Q3 2025 Earnings Call October 28, 2025 04:30 PM ET Company ParticipantsJim Todd - CFO and VPFrank Lonegro - CEO and PresidentMatt Dannegger - CFSOConference Call ParticipantsScott Group - AnalystJizong Chan - AnalystReed Seay - AnalystNone - AnalystElliot Alper - AnalystJonathan Chappell - AnalystBrandon Oglenski - AnalystStephanie Moore - AnalystOperatorGood afternoon and welcome to Landstar System, Incorporated's third quarter earnings release conference call. All lines wil ...
Landstar System(LSTR) - 2025 Q3 - Earnings Call Transcript
2025-10-29 05:30
Landstar System (NasdaqGS:LSTR) Q3 2025 Earnings Call October 28, 2025 04:30 PM ET Speaker6Good afternoon and welcome to Landstar System, Inc.'s third quarter earnings release conference call. All lines will be in listen only mode until a formal question and answer session. Today's call is being recorded. If you have any objections, you may disconnect at this time. Joining us from Landstar are Frank Lonegro, President and CEO, Jim Applegate, Vice President, Chief Corporate Sales Strategy and Specialized Fli ...
Landstar System Reports Third Quarter Results
Globenewswire· 2025-10-29 04:05
JACKSONVILLE, Fla., Oct. 28, 2025 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ: LSTR) (“Landstar” or the “Company”) today reported its financial results for the 2025 third quarter. The Company reported total revenue of $1,205 million in the 2025 third quarter, compared to $1,214 million in the 2024 third quarter. Gross profit and variable contribution each also decreased approximately 1% in the 2025 third quarter compared to the 2024 third quarter. Landstar reported basic and diluted earnings per share ...
Custom Truck One Source, Inc. Reports Third Quarter 2025 Results and Reaffirms 2025 Guidance
Businesswire· 2025-10-28 04:10
Oct 27, 2025 4:10 PM Eastern Daylight Time Custom Truck One Source, Inc. Reports Third Quarter 2025 Results and Reaffirms 2025 Guidance Share KANSAS CITY, Mo.--(BUSINESS WIRE)--Custom Truck One Source, Inc. (NYSE: CTOS), a leading provider of specialty equipment to the electric utility, telecom, rail, forestry, waste management and other infrastructure-related end markets, today reported financial results for the three and nine months ended September 30, 2025. In the third quarter, we achieved strong year-o ...
Trucker Path and WEX® Team Up to Offer Fuel Discounts to More Than 1 Million App Users
Prnewswire· 2025-10-28 03:04
Accessibility StatementSkip Navigation Trucker Path app users to gain access to fuel savings via the 10-4 by WEXâ"¢ app PORTLAND, Maine and PHOENIX, Oct. 27, 2025 /PRNewswire/ -- Trucker Path, the most comprehensive and relied upon mobile app for North American truckers, and WEX® (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced that the fuel discounts offered on the 10-4 by WEXâ"¢ app will be available to the Trucker Path community. Continue Readi ...
XPO to record $35M cost over inherited legal issue
Yahoo Finance· 2025-10-27 19:51
This story was originally published on Trucking Dive. To receive daily news and insights, subscribe to our free daily Trucking Dive newsletter. LTL carrier XPO expects an approximately $35 million charge in its Q3 earnings due to a longstanding insurance lawsuit stemming from M&A activity, according to a securities filing. The disclosure signals an end to a case that has moved back and forth in Oregon courts for over a decade and has been tied to the company’s monumental purchase of transportation conglo ...
Dry van rates remain stagnant, prolonging slump
Yahoo Finance· 2025-10-27 18:30
This story was originally published on Trucking Dive. To receive daily news and insights, subscribe to our free daily Trucking Dive newsletter. Dive Brief A national average of dry van contract rates has remained relatively stagnant for over two years, per DAT Freight & Analytics data capturing tens of billions of dollars worth of freight. In September 2025, the average contract rate, including a fuel surcharge, was $2.42 per mile. That’s remained higher than the national average spot rate from March ...
Truckload capacity is falling faster than demand
Yahoo Finance· 2025-10-26 08:30
Chart of the Week:  Outbound Tender Volume Index, Outbound Tender Rejection Index – USA SONAR: OTVI.USA, OTRI.USA The national Outbound Tender Volume Index (OTVI) — which measures truckload demand — hit an all-time low for the month of October last week, registering a value of 9,311. This places the index roughly 19% lower than last year and 15% below 2023 for the same period. Normally, a collapse of this magnitude would trigger a corresponding drop in tender rejections and spot rates. However, nearly the ...
Knight-Swift (KNX) Extends Losses on 74% Profit Slump
Yahoo Finance· 2025-10-24 21:21
公司财务表现 - 第三季度归属于公司净利润暴跌742% 降至786万美元 而去年同期为3046万美元 [1][2] - 尽管总营收同比增长27% 达到193亿美元 上年同期为188亿美元 [2] - 本季度包含3480万美元的减值费用 以及与2024年退出第三方承运人保险业务相关的1120万美元损失准备金 [3] - 本季度还包含因解决两起2023年US Xpress重大汽车责任索赔而导致的1200万美元保险和理赔成本增加 [3] 公司运营与战略 - 公司货运量保持稳定 但行业仍面临运力过剩问题 过剩运力正逐步退出市场 [4] - 公司持续专注于降低成本并提供高水平服务 以大规模的单程长途运输能力支持客户 同时提供强大的专属解决方案 [4] - 管理层认为有几个潜在催化剂可能在未来几个季度加速运力退出 包括英语水平要求的强制执行 以及非本地商业驾照颁发和续期的资格与控制加强 [5] 市场与行业环境 - 货运行业市场供需平衡对承运商而言仍然充满挑战 [5] - 行业存在运力过剩问题 这些过剩运力正在逐渐退出市场 [4]
Truckload segment at Marten again a plus 100% OR in third quarter
Yahoo Finance· 2025-10-24 18:00
Marten Transport’s Truckload segment, which provided a little less than 48% of its earnings in the third quarter, had a negative operating ratio (OR) during the period for the third time in the last five quarters, though the company overall remained profitable. In an earnings release delayed about a week after its normal date–Marten (NASDAQ: MRTN) usually comes out with its earnings right after the leader of the trucking pack, J.B. Hunt–the company also reported that the OR net of fuel in its Truckload gr ...