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Daseke Reports Results for First Quarter of 2021 Improved operations positions Company to benefit from strong freight environment and industrial demand - Vimarsana News

Daseke Reports Results for First Quarter of 2021 Improved operations positions Company to benefit from strong freight environment and industrial demand

Article content ADDISON, Texas, May 07, 2021 (GLOBE NEWSWIRE) — Daseke, Inc. (NASDAQ: DSKE) (“Daseke” or the “Company”), the largest flatbed, specialized transportation and logistics solutions company in North America, today reported financial results for the quarter ended March 31, 2021. First Quarter Highlights: Revenue of $333.9 million Net loss of $7.3 million, or ($0.13) per share attributable to common stockholders, compared to net loss of $16.3 million in last year’s first quarter Adjusted Net Income ex-Aveda was $4.1 million, or $0.04 per share attributable to common stock...

ArcBest® Announces First Quarter 2021 Results - Vimarsana News

ArcBest® Announces First Quarter 2021 Results

ArcBest® Announces First Quarter 2021 Results - First quarter 2021 revenue of $829.2 million, and net income of $23.4 million, or $0.87 per diluted share. On a non-GAAP1 basis, first quarter 2021 net income of $27.2 million, or $1.01 per diluted share. - Record quarterly revenue that increased 18% over last year. - First quarter operating income, which increased more than three times over first quarter 2020, was the best in ArcBest's history. News provided by Share this article FORT SMITH, Ark., May 4, 2021 /PRNewswire/ -- ArcBest ® (Nasdaq: ARCB), a leader in supply chain logistics, today ...

Railways and a question of transparency - Vimarsana News

Railways and a question of transparency

Railways and a question of transparency Updated: Updated: March 08, 2021 13:24 IST They are in the midst of a financial distress and are faced with fundamental organisational issues Share Article AAA They are in the midst of a financial distress and are faced with fundamental organisational issues A surprising feature of the post-Budget discourse in Parliament and in the media these past few weeks has been the total absence of one topic: Railways. Apparently, the understated objective of doing away with a separate Budget for the Railways, namely, shifting the spotlight away from it, has been ...

Not moving fast can derail the Railways - The Hindu BusinessLine - Vimarsana News

Not moving fast can derail the Railways - The Hindu BusinessLine

Not moving fast can derail the Railways Railways Changing tracks   -  BISWARANJAN ROUT× Capex has to be well executed, given the cost of borrowings. The salaries and pensions outgo is unsustainable Faced with parlous finances prior to the pandemic outbreak, Indian Railways needs to seize the moment, adapt its mammoth, moribund apparatus to operate in a new paradigm amidst emerging competition, volatile customer demands, besides rapidly evolving technologies. The Railways needs to first acknowledge it is indeed terminally sick. It has for long been living far beyond its means, a reality d...

Covenant Logistics Group Announces Fourth Quarter Financial and Operating Results - Vimarsana News

Covenant Logistics Group Announces Fourth Quarter Financial and Operating Results

Combined Truckload Revenue Mr. Parker commented on truckload operations, “For the quarter, total revenue in our truckload operations decreased 17.2%, to $145.7 million, compared to 2019, consistent with our plan to refocus our asset-based fleet around Dedicated and Expedited operations while downsizing solo-driver refrigerated and reducing one-way irregular routes and other less profitable operations. The revenue decrease consisted of $21.4 million lower freight revenue and $8.9 million lower fuel surcharge revenue. The decrease in freight revenue primarily related to a 17.8% average operat...