Welcome to our dedicated page for Daseke news (Ticker: DSKE), a resource for investors and traders seeking the latest updates and insights on Daseke stock.
Daseke, Inc. (NASDAQ: DSKE) is North America's second-largest open deck transportation specialist, serving diverse industries across 49 states and international markets. This dedicated news hub provides investors and industry professionals with essential updates about the company's operational milestones, financial performance, and strategic direction.
Discover timely information on earnings reports, leadership updates, fleet expansions, and market initiatives without promotional bias. Our curated collection features official press releases about Daseke's asset-right strategy, subsidiary operations (including Smokey Point Distributing and Boyd Companies), and logistics innovations that drive the $800B+ transportation sector.
Key content areas include quarterly financial results, mergers & acquisitions, safety recognitions, and sustainability efforts. Bookmark this page to efficiently track developments from Daseke's specialized divisions while staying informed about North American freight industry trends.
Daseke, Inc. (NASDAQ: DSKE), North America's largest flatbed and specialized transportation company, will report its fiscal third-quarter results on October 30, 2020. The announcement was made on October 16, 2020. A conference call is scheduled for the same day at 11:00 AM ET, where investors and analysts can hear about the financial and operational results. Participants can join via webcast on the company's website or by dialing in. The company operates over 5,000 tractors and 11,500 trailers and provides comprehensive logistics solutions.
Daseke reported its Q2 2020 financial results, revealing a 22% decrease in revenue to $351.7 million compared to Q2 2019. Despite this, the company achieved operating income of $12.4 million, improving from $4.7 million year-over-year. Adjusted net income was $8.0 million, and free cash flow reached $73.4 million. The operating ratio improved to 96.5%, marking the company's best performance in its public history. Daseke also made significant progress in divesting Aveda assets, generating approximately $48 million from property sales to enhance liquidity.
Daseke, Inc. (NASDAQ: DSKE), North America's largest flatbed and specialized transportation company, plans to report its fiscal second quarter results for the period ending June 30, 2020, on August 6, 2020. A conference call to discuss these results is scheduled for the same day at 11:00 AM ET. Investors and analysts can join via a webcast on the Company's website, with presentation slides available. Daseke operates a fleet of over 5,000 tractors and 11,500 flatbed trailers, providing essential logistics services to major industrial shippers.
Daseke, the largest flatbed and specialized transportation company in North America, announced the appointment of Rick Williams as Chief Operating Officer. Williams, who has over 34 years of trucking experience, previously led Daseke's Flatbed segment and has been pivotal in driving operational changes. His new role aims to enhance profitability and optimize ongoing business integrations. CEO Chris Easter expressed confidence in Williams' leadership to support long-term growth amidst the ongoing challenges presented by the COVID-19 pandemic.
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