Daseke

Daseke, Inc. engages in the provision of transportation and logistics solutions. It operates through the Flatbed Solutions and Specialized Solutions segments. The Flatbed Solutions segment delivers its services through flatbed and retractable-sided transportation equipment to meet the needs of high-volume and time-sensitive shippers. The Specialized Solutions segment focuses on transportation and logistics solutions that include super heavy haul, high-value customized, over-dimensional, commercial glass and high-security cargo solutions. The company was founded by Don R. Daseke in November 2008 and is headquartered in Addison, TX.

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Daseke reports record revenue in 2022, eyes growth opportunities

Daseke's 2022 performance reflects financial strength, operational resilience, and strategic focus on growth and efficiency.
While facing challenges such as productivity declines and market softness, the company is well-positioned to capitalize on opportunities for growth and optimization.
With a commitment to reducing leverage, strategic acquisitions, and operational improvements, Daseke aims to navigate challenges and drive sustainable growth.

Daseke (DSKE) reports resilient Q1 performance amidst industry challenges

Daseke (DSKE) navigated Q1 2023 effectively, showcasing resilience and agility in the face of industry challenges. The company remains committed to driving shareholder value through operational excellence and balance sheet optimization. Despite inflationary pressures, Daseke is optimistic about future growth opportunities.

Daseke reports Q2 resilience amidst challenges, eyes growth opportunities

Daseke's Q2 2023 performance showed resilience in cash flow despite revenue declines in segments, with a focus on operational efficiency and strategic progress.
The company's strengths lie in balance sheet improvements, operational ratios, and post-acquisition integration efforts to drive financial stability and growth.
Challenges include industry headwinds, segment-specific issues, and uncertainties in future visibility, while opportunities exist in transformation initiatives and leadership continuity.

Daseke reports Q3 revenue decline, eyes growth in Mexico

Daseke's Q3 performance reflected revenue declines but highlighted operational improvements and financial prudence.
The company faces challenges in market conditions but is focused on leveraging opportunities for growth.
With a positive outlook, Daseke aims to drive profitability through strategic initiatives and balance sheet strengthening.
Expansion into new markets and business segments signals a proactive approach to future growth and diversification.

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NEW YORK--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces its investigation of Daseke, Inc. (Nasdaq: DSKE) (f/k/a Hennessy Capital Acquisition Corp. II) concerning the Company and its directors' and officers' possible violations of state laws. If you own Daseke stock, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Tom Kennedy, of GPM, 230 Park Avenue, Sui.

Glancy Prongay & Murray LLP Announces Investigation of Daseke, Inc. (DSKE)

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Daseke, Inc. (NasdaqCM: DSKE) to TFI International Inc. Under the terms of the proposed transaction, shareholders of Daseke will receive $8.30 in cash for each common share of Daseke that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether th.

DASEKE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Daseke, Inc. - DSKE

NEW ORLEANS , Jan. 26, 2024 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.

DASEKE INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Daseke, Inc. - DSKE

MILWAUKEE , Dec. 22, 2023 /PRNewswire/ -- Ademi LLP is investigating Daseke (NASDAQ: DSKE) for possible breaches of fiduciary duty and other violations of law in its transaction with TFI International. Click here to learn how to join the https://www.ademilaw.com/case/daseke-inc or call Guri Ademi toll-free at 866-264-3995.

Shareholder Alert: Ademi LLP investigates whether Daseke, Inc has obtained a Fair Price in its transaction with TFI International

TFI International

TFI International, a North American logistics firm, announced that it is acquiring flatbed and specialized transportation company Daseke for about $1.1 billion. The company said it is acquiring Daseke - whose operations include 4,900 tractors, 11,000 flatbed and specialized trailers, and 1 million square feet of industrial warehousing space - for $8.30 per share.

TFI International to acquire Daseke in $1.1B deal

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Daseke, Inc. (NASDAQ: DSKE) to TFI International Inc. for $8.30 in cash per common share is fair to Daseke shareholders. Halper Sadeh encourages Daseke shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether Daseke and.

DSKE Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Daseke, Inc. Is Fair to Shareholders

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 by TFI International Inc. (NYSE and TSX: TFII) (TFI International), a North American leader in the transportation and logistics industry, in an all-cash transaction that values Daseke at an enterprise value of approximately $1.1 billion. Subject to the terms of the agreement, Daseke common stockholders will receive $8.30 per share in cash, representing a premium of 69% to the last reported sale price on December 21, 2023 and a premium of 82% to the volume-weighted average price (VWAP) of the common stock for the 30 trading days ending on December 21, 2023.

Daseke to be Acquired by TFI International

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DSKE, NVST and HENKY have been added to the Zacks Rank #5 (Strong Sell) List on December 21, 2023.

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Daseke (DSKE) came out with quarterly earnings of $0.02 per share, missing the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.17 per share a year ago.

Daseke (DSKE) Q3 Earnings and Revenues Miss Estimates

Advanced strategic capital allocation priorities with additional $20 million term-loan repayment, delivered enhanced operational productivity, and successfully executed One Daseke initiatives Advanced strategic capital allocation priorities with additional $20 million term-loan repayment, delivered enhanced operational productivity, and successfully executed One Daseke initiatives

Daseke Reports Results for Third-Quarter 2023 and Updates 2023 Outlook

Daseke notes a beneficial outlook for the building materials sector and announces further acquisition of tractors and lower maintenance costs. The company operates in North America, providing specialized loading and transportation solutions for various industries. Shareholders should monitor the total amount of debt, but DSKE stock appears undervalued with potential for FCF margin growth.

Daseke: Buying More Tractors, Beneficial Outlook, And Undervalued

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.

Daseke, Inc. Schedules Third-Quarter 2023 Earnings Call November 9, 2023

Daseke, Inc. (NASDAQ:DSKE ) Q2 2023 Earnings Conference Call August 3, 2023 11:00 AM ET Company Participants Jonathan Shepko - Chief Executive Officer and Board Member Aaron Coley - Executive Vice President and CEO Adrianne Griffin - Vice President, Investor Relations and Treasurer Conference Call Participants Ryan Sigdahl - Craig-Hallum Capital Group Elliot Alper - TD Cowen Greg Gibas - Northland Securities Operator Good morning, everyone. And thank you for joining today's conference call to discuss Daseke's Financial and Operational Results for the Quarter Ended June 30, 2023.

Daseke, Inc. (DSKE) Q2 2023 Earnings Call Transcript

Daseke (DSKE) came out with quarterly earnings of $0.07 per share, missing the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.24 per share a year ago.

Daseke (DSKE) Misses Q2 Earnings and Revenue Estimates

Strong cash generation with asset-right strategy driving improvement in company loads, company miles, and company revenue Strong cash generation with asset-right strategy driving improvement in company loads, company miles, and company revenue

Daseke Reports Results for Second-Quarter 2023 and Updates 2023 Outlook

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.

Daseke, Inc. Schedules Second-Quarter 2023 Earnings Call on August 3, 2023

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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.

Daseke Appoints Chief Operating Officer and Confirms Previously Announced Executive Leadership Transition

Daseke, Inc. (NASDAQ:DSKE ) Q1 2023 Earnings Conference Call May 9, 2023 11:00 AM ET Company Participants Adrianne Griffin - VP, IR and Treasurer Jonathan Shepko - CEO Aaron Coley - EVP and CFO Conference Call Participants Bert Subin - Stifel, Nicolaus & Company, Inc. Greg Gibas - Northland Capital Markets Ryan Sigdahl - Craig-Hallum Capital Group Operator Good morning everyone and thank you for joining today's conference call to discuss Daseke's Financial Results for the First Quarter ended March 31, 2023. With us today are Jonathan Shepko, Chief Executive Officer and Board member; Aaron Coley, Executive Vice President and Chief Financial Officer; and Adrianne Griffin, Vice President of Investor Relations and Treasurer.

Daseke, Inc. (DSKE) Q1 2023 Earnings Call Transcript

Flatbed truckload carrier Daseke pointed to a lack of a seasonal uplift as the basis for lowering its full-year outlook on Tuesday. The company reported first-quarter adjusted earnings per share of 12 cents before the market opened, which was double the consensus estimate but half the year-ago mark.

Flatbed carrier Daseke says no ‘clear visibility' into recovery, lowers 2023 outlook

Daseke (DSKE) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of $0.04. This compares to earnings of $0.18 per share a year ago.

Daseke (DSKE) Reports Q1 Loss, Lags Revenue Estimates

Executed asset-right strategy, generated 4.1% growth in company loads and improved utilization Reduced $50 million of total debt and redeemed $20 million of preferred shares, improving financial leverage and providing immediate accretion to common stockholders

Daseke Reports Results for First-Quarter 2023 and Updates 2023 Outlook

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.

Daseke, Inc. to Release First-Quarter 2023 Results on May 9, 2023

Daseke has had some mixed results as of late, but the company is, on the whole, on a rather solid footing right now. Shares are expensive relative to similar firms, but not materially so.

Daseke: The Easy Money Has Been Made, But Further Upside Exists

Specialized Segment leader and transportation industry veteran, Scott Hoppe, to become EVP and COO effective June 1, 2023 Specialized Segment leader and transportation industry veteran, Scott Hoppe, to become EVP and COO effective June 1, 2023

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