Universal Logistics sees a potential uptick in trucking volumes and rates by the end of the year. The post Universal Logistics’ Q1 trucking revenue falls 12.6% appeared first on FreightWaves.
Shares of footwear company Skechers (NYSE:SKX) jumped 17.4% in the morning session after the company reported a rare 'beat and raise' quarters. Skechers blew past analysts' constant currency revenue expectations. Its operating margin also outperformed Wall Street's estimates. Looking forward to the full year, the company raised its revenue and EPS guidance for 2024, and both are comfortably ahead of analysts' expectations. Overall, this quarter's results seemed fairly positive, and shareholders
(Bloomberg) The metric Tesla Inc. told investors early last year was most important to its executives is in steady decline.Most Read from BloombergPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldFed’s Preferred Core Inflation Gauge Rose at Brisk Pace in MarchHuawei’s New Phone Runs Latest Version of Made-in-China ChipBillionaire Stephen Ross Believes in South Florida—and Is Spending Big to Transform ItThe carmaker rep