Landstar System entered into a Third Amended and Restated Credit Agreement that extends its revolving credit facility through 2031. The new agreement updates key covenants that govern how the company can use and manage this credit line. The arrangement affects Landstar System's access to liquidity and its overall capital structure. For investors tracking NasdaqGS:LSTR, the new credit agreement lands at a time when the stock trades around $207.81 and has delivered a 41.6% return year to date...

J.B. Hunt Transport Services handily beat earnings estimates for the second quarter late Wednesday as intermodal volumes and yields both grew. High fuel prices and rising trucking rates are driving shippers to opt for cheaper intermodal transport, the latest reports say. J.B. Hunt is one of the nation's largest intermodal providers, which means they combine both rail and trucks to move freight.

Industrials businesses quietly power the physical things we depend on, from cars and homes to e-commerce infrastructure. Unfortunately, this role also comes with a demand profile tethered to the ebbs and flows of the broader economy, and the industry is currently lagging as its six-month return of 5.9% has trailed the S&P 500’s 8.2% gain.