Welcome to our dedicated page for Daseke news (Ticker: DSKEW), a resource for investors and traders seeking the latest updates and insights on Daseke stock.
Daseke, Inc. (DSKEW) delivers specialized open-deck transportation and logistics services across North America, serving industries requiring flatbed, heavy haul, and specialized equipment solutions. This news hub provides stakeholders with centralized access to corporate developments, financial updates, and operational milestones.
Investors and industry observers will find timely updates on earnings reports, strategic initiatives like the One Daseke programs, and fleet optimization efforts. The curated collection features press releases about capital allocation priorities, safety innovations, and market expansion activities within the transportation sector.
Key content includes updates on cash generation improvements, load optimization strategies, and leadership developments. Bookmark this page for efficient tracking of DSKEW's progress in enhancing operational productivity while maintaining its asset-right business model.
Daseke, Inc. has announced a conference call scheduled for May 9, 2023, at 11:00 AM ET to discuss its financial and operational results for the first quarter ended March 31, 2023. Participants can join via a listen-only mode or register via a provided link for phone access. Alongside the call, presentation slides will be available on Daseke's Investor webpage. The conference call replay will also be accessible shortly after the event.
Daseke specializes in North American transportation solutions, focusing on servicing challenging industrial markets. The company is recognized for its best-in-class services to various industrial shippers across the continent. For more information on Daseke, visit their website.
Daseke, Inc. announced the appointment of Scott Hoppe as the new EVP and COO effective June 1, 2023, succeeding Rick Williams, who is retiring after 36 years in the transportation industry. Scott Hoppe, previously the President and CEO of E.W. Wylie, a Daseke subsidiary, has a strong track record in fleet growth and operational efficiency. Under his leadership, Wylie tripled its fleet size to nearly 900 trucks and achieved a significant reduction in its operating ratio. This transition aims to enhance Daseke's capabilities in specialized and flatbed trucking markets.
Daseke reported a 3.5% increase in fourth-quarter revenue, reaching $408.2 million, with a notable 10.9% growth in its Specialized Solutions segment. Net income remained stable at $6.9 million, matching $0.09 per share. The company initiated a significant share repurchase, acquiring 30% of its outstanding shares, which is expected to benefit shareholders. For the full year, total revenue hit $1.8 billion, marking a 13.9% increase. The outlook for 2023 anticipates stable revenue growth, with Adjusted EBITDA expected to remain approximately equal to 2022 levels. Liquidity stands at $264.3 million.
Daseke, Inc. (NASDAQ: DSKE), a leading provider of transportation solutions in North America, announced its participation in the Stifel 2023 Transportation & Logistics Conference on February 7th and 8th. Key executives, including CEO Jonathan Shepko and CFO Aaron Coley, will engage with registered investors. Additionally, COO Rick Williams is set to take part in an industry panel discussion. The company is renowned for serving challenging industrial markets and offers top-tier services to a diverse clientele. For more details, visit www.daseke.com.
