Daseke to be Acquired by TFI International Daseke common stockholders to receive $8.30 per share in cash Deal price represents a 69% premium to the last reported sale price and an 82% premium to the 30-trading day VWAP Addison, Texas, Dec. 22, 2023 (GLOBE NEWSWIRE) -- Daseke, Inc. (NASDAQ: DSKE) (Daseke or the Company), the premier North American transportation solutions specialist dedicated to servicing challenging industrial end markets, today announced that, with the unanimous approval of Daseke’s board of directors, it has entered into a definitive agreement to be acquired b...
Daseke Reports Results for Third-Quarter 2023 and Updates 2023 Outlook Advanced strategic capital allocation priorities with additional $20 million term-loan repayment, delivered enhanced operational productivity, and successfully executed One Daseke initiatives Daseke Further Advanced its Capital Allocation Priorities During the quarter, Daseke reduced its term-loan balance by an additional $20 million: Year-to-date, Daseke deployed cash on hand to reduce its term-loan balance by $70 million and redeem all Series B-1 shares (13% dividend rate) for $20 millionActions deliver ...
Daseke, Inc. Schedules Third-Quarter 2023 Earnings Call November 9, 2023 ADDISON, Texas, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Daseke, Inc. (NASDAQ: DSKE) (or the “Company”), today announced that it will hold a conference call Thursday, November 9th at 11:00 AM ET to discuss the financial and operational results of its second quarter, ended September 30, 2023. Participants are encouraged to join via a listen-only mode with this link: . For participants that prefer to dial in by phone, please register with this link: . Once registered, participants will receive a dial-in number as well as a...
Daseke Reports Results for Second-Quarter 2023 and Updates 2023 Outlook Strong cash generation with asset-right strategy driving improvement in company loads, company miles, and company revenue Second-Quarter 2023 Highlights (comparisons to first-quarter 2023) Revenue of $407 million and revenue net of fuel surcharge of $362 million, growth of $8 million and $14 million, respectively, due to strong operational execution and a $0.05 rate per mile improvementOperating ratio of 95% and adjusted operating ratio of 92%, improved from 97% and 93%, respectivelyNet income improved to $6 milli...
Daseke, Inc. Schedules Second-Quarter 2023 Earnings Call on August 3, 2023 ADDISON, Texas, July 24, 2023 (GLOBE NEWSWIRE) -- Daseke, Inc. (NASDAQ: DSKE) (or the “Company”), today announced that it will hold a conference call Thursday, Aug 3rd at 11:00 AM ET to discuss the financial and operational results of its second quarter, ended June 30, 2023. Participants are encouraged to join via a listen-only mode with this link: . For participants that prefer to dial in by phone, please register with this link: . Once registered, participants will receive a dial-in number as well as a PIN to e...
Daseke Appoints Chief Operating Officer and Confirms Previously Announced Executive Leadership Transition ADDISON, Texas, June 01, 2023 (GLOBE NEWSWIRE) -- Daseke, Inc. (NASDAQ: DSKE) (“Daseke” or the “Company”), a premier North American transportation solutions specialist dedicated to servicing challenging industrial end-markets, yesterday appointed Scott Hoppe as Executive Vice President and Chief Operating Officer, effective June 1, 2023. Mr. Hoppe succeeds Rick Williams, who retired from the Company effective today. For additional information, please refer to the Company’s March 3, 2...
Daseke Reports Results for First-Quarter 2023 and Updates 2023 Outlook Executed asset-right strategy, generated 4.1% growth in company loads and improved utilizationReduced $50 million of total debt and redeemed $20 million of preferred shares, improving financial leverage and providing immediate accretion to common stockholders Subsequent to Quarter End, Daseke Advanced its Capital Allocation Priorities Reduced term-loan balance with $50.0 million of cash on hand, decreasing future interest expenseRedeemed all Series B-1 shares (13% dividend rate) with $20.3 million of cash on hand, red...
Daseke, Inc. to Release First-Quarter 2023 Results on May 9, 2023 ADDISON, Texas, April 18, 2023 (GLOBE NEWSWIRE) -- Daseke, Inc. (NASDAQ: DSKE) (or the “Company”), today announced that it will hold a conference call Tuesday, May 9th at 11:00 AM ET to discuss the financial and operational results of its first quarter ended March 31, 2023. Participants are encouraged to join via a listen-only mode with this link: For participants that prefer to dial in by phone, please register with this link: . Once registered, participants will receive a dial-in number as well as a PIN to enter the ev...
Daseke Announces Chief Operating Officer Transition Specialized Segment leader and transportation industry veteran, Scott Hoppe, to become EVP and COO effective June 1, 2023 ADDISON, Texas, March 03, 2023 (GLOBE NEWSWIRE) -- Daseke, Inc. (NASDAQ: DSKE) (“Daseke” or the “Company”), a premier North American transportation solutions specialist dedicated to servicing challenging industrial end-markets, today announced that Executive Vice President (“EVP”) and Chief Operating Officer (“COO”) Rick Williams will retire from his current position after a successful 36-year career in the transpor...
Daseke Announces Record Results, Reports Fourth-Quarter and Full-Year 2022, and Provides Full-Year 2023 Outlook Provides update on accretive fourth-quarter share repurchases ADDISON, Texas, Feb. 06, 2023 (GLOBE NEWSWIRE) -- Daseke, Inc. (NASDAQ: DSKE) (Daseke or, the Company), the premier North American transportation solutions specialist dedicated to servicing challenging industrial end markets, today reported financial results for the fourth quarter and full year ended December 31, 2022, and provided the 2023 outlook. Fourth-Quarter 2022 Highlights (comparisons to fourth quarter 2021...
Daseke Management to Participate in Stifel 2023 Transportation & Logistics Conference ADDISON, Texas, Jan. 31, 2023 (GLOBE NEWSWIRE) -- Daseke, Inc. (NASDAQ: DSKE) (“Daseke” or the “Company”), the premier North American transportation solutions specialist dedicated to servicing challenging industrial end-markets, announced today that members of its management team would be attending the Stifel 2023 Transportation & Logistics Conference on February 7th and 8th. Jonathan Shepko, Chief Executive Officer, Aaron Coley, Executive Vice President and Chief Financial Officer, and Adrianne Griffin,...
Daseke Names Adrianne D. Griffin Vice President, Investor Relations and Treasurer Newly created role with a dedicated proven leader facilitates enhanced communication of the Company’s shareholder value proposition ADDISON, Texas, Jan. 30, 2023 (GLOBE NEWSWIRE) -- Daseke, Inc. (NASDAQ: DSKE) (“Daseke” or the “Company”), a premier North American transportation solutions specialist dedicated to servicing challenging industrial end-markets, today announced that Adrianne D. Griffin joined the company as Vice President, Investor Relations and Treasurer. Mrs. Griffin will be responsible for le...
Daseke, Inc. to Release Fourth-Quarter and Full-Year 2022 Results February 6, 2023 ADDISON, Texas, Jan. 27, 2023 (GLOBE NEWSWIRE) -- Daseke, Inc. (NASDAQ: DSKE) (or the “Company”), the premier North American transportation solutions specialist dedicated to servicing challenging industrial end-markets, today announced that it plans to report results for its fourth quarter and full year, ended December 31, 2022, on Monday, February 6th. A conference call to discuss the financial and operational results is scheduled for February 6 at 11:00 AM ET. Participants are encouraged to join via a ...
A director at Daseke Inc bought 4,200 shares at 5.682USD and the significance rating of the trade was 65/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly show...
Daseke Announces Completion of Founder’s Stock Repurchase ADDISON, Texas, Nov. 21, 2022 (GLOBE NEWSWIRE) -- Daseke, Inc. (NASDAQ: DSKE) (“Daseke” or the “Company”) announced today that it has completed its repurchase of 17,932,725 shares of the Company’s common stock from its founder, Mr. Don R. Daseke, and his affiliates at a purchase price of $6.00 per share (the “Founder’s Repurchase”), which represents approximately 28.6% of the Company’s issued and outstanding common shares as of November 9, 2022. As part of the Founder’s Repurchase and effective therewith, Mr. Daseke has resigned fr...
Daseke to Participate in Two Investor Conferences ADDISON, Texas, Nov. 15, 2022 (GLOBE NEWSWIRE) -- Daseke, Inc. (NASDAQ: DSKE) (“Daseke” or the “Company”), the premier North American transportation solutions specialist dedicated to servicing challenging industrial end-markets, announced today that Vice President of Finance and Investor Relations Officer, Traci Graham, is scheduled to participate in two upcoming investor conferences and will be conducting one-on-one meetings with investors that have registered for the respective events. Conference Participation: Tuesday, November 15...
Daseke Announces Repurchase of Founder’s Stock Company has announced a structured transaction to repurchase Founder’s 28.6% position ADDISON, Texas, Nov. 14, 2022 (GLOBE NEWSWIRE) -- Daseke, Inc. (NASDAQ: DSKE) (“Daseke” or the “Company”) announced today that it has entered into an agreement with its founder, Mr. Don R. Daseke, and his affiliates, to repurchase their total holdings (17,932,725 shares) in the Company at a purchase price of $6.00 per share (the “Founder’s Repurchase”). This represents a repurchase by the Company of approximately 28.6% of its issued and outstanding common ...
Daseke Reports Results for Third Quarter 2022 Confidence in full-year outlook, as strategic portfolio of end markets demonstrates resilience across industrial freight market ADDISON, Texas, Nov. 09, 2022 (GLOBE NEWSWIRE) -- Daseke, Inc. (NASDAQ: DSKE) (“Daseke” or the “Company”), the premier North American transportation solutions specialist dedicated to servicing challenging industrial end-markets, today reported financial results for the third quarter ended September 30, 2022. Third Quarter 2022 Highlights: Revenue of $462.8 million, an increase of 9.0% over third quarter 2021 reven...
Daseke, Inc. to Release Third-Quarter 2022 Results November 9, 2022 ADDISON, Texas, Oct. 26, 2022 (GLOBE NEWSWIRE) -- Daseke, Inc. (NASDAQ: DSKE) (or the “Company”), the premier North American transportation solutions specialist dedicated to servicing challenging industrial end-markets, today announced that it plans to report results for its third quarter, ended September 30, 2022, on Wednesday, November 9. A conference call to discuss the financial and operational results is scheduled for November 9 at 11:00 AM ET. Investors, analysts, and members of the media interested in listening ...
Daseke Announces $40 Million Stock Repurchase Program Buyback authorization enables opportunistic cash deployment as part of a balanced capital allocation strategy ADDISON, Texas, Sept. 30, 2022 (GLOBE NEWSWIRE) -- Daseke, Inc. (NASDAQ: DSKE) (“Daseke” or the “Company”), the premier North American transportation solutions specialist dedicated to servicing challenging industrial end-markets, announced today that its Board of Directors has approved a stock repurchase program, under which the Company is authorized to repurchase up to $40 million of its outstanding common stock. The Compan...
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