Daseke shares up 20%; restructuring progress seen in Q2 report

Builder's Transportation, a Daseke company, flatbed rig on the highway

On its second-quarter earnings call with analysts on Thursday, August 6, management from the nation’s largest flatbed carrier Daseke Inc. (NASDAQ: DSKE) said the business is holding up well even as revenue has been challenged by the pandemic.

Volumes troughed in April, modestly improving sequentially in May and again in June. Management said July has provided more of a “a sideways movement” as demand began to plateau at the end of June. More specifically, management said flatbed capacity demand...

https://www.freightwaves.com/news/daseke-shares-up-20-restructuring-progress-seen-in-q2-report

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