Swift Continues to Navigate a Lackluster Full-Truckload Landscape in Its 1Q
Swift’s first-quarter revenue before fuel surcharges contracted 4.0% year over year and was below our expected run rate on continued pricing pressure in the for-hire truckload operations stemming from excess industry capacity, as well as from a larger-than- expected drop in fleet size. Intermodal revenue also came in below our forecast, likely because of ongoing pressure on truck-to-rail conversion linked to elevated competition from over-the-road trucking. Total profitability came in shy of our...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.