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Financial Performance Analysis of the Ten Largest U.S. Trucking Companies, according to Demotech, Inc.

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COLUMBUS, Ohio, June 24, 2026 /PRNewswire/ — Recent visualization of data from the financial statements of the ten largest trucking companies in the U.S. over the last five years uncovers three key findings. First, profitability has decreased dramatically. Second, total operating expenses have tracked changes in revenue. Third, insurance spending has increased disproportionately relative to both revenue and expenses. These trends indicate that growing insurance costs are becoming an increasingly key factor affecting the financial performance of U.S. transportation companies.

All financial data was sourced from the SEC’s Electronic Data Gathering, Analysis, and Retrieval (EDGAR) system. The ten companies selected were the largest by market capitalization:

Old Dominion Freight Line Inc.
JB Hunt Transport Services Inc.
XPO Logistics Inc.
Saia Inc.
Knight-Swift Transportation Holdings Inc.
RXO Inc.
Schneider National Inc.
ArcBest Corp.
Werner Enterprises Inc.
Heartland Express Inc.

Information was gathered from the 10-Ks for 2021 to 2025 for each firm. Revenue, overall expenses, pre-tax profit, net profit, taxes, and insurance costs were the key data points examined. The individual companies’ trends were analyzed alongside the aggregate results for all ten companies.

When net profits are combined across all the companies, a clear trend emerges. From 2021 to 2025, combined net profits fell from 4.2B to 2.2B, as illustrated in the graph below. This is approximately a 46.9 percent decrease over the five years. Also, in 2025, three out of these ten companies had a negative net profit. This is a dramatic shift from none of these firms having a negative net income in 2021. Profits have diminished dramatically. This decline occurred despite relatively stable revenues (actually, revenues have slightly increased over the period). This suggests that lower earnings resulted from cost pressures, not decreased demand. Trucking companies have been less successful at converting revenue into profit.

Aggregate revenues and expenses have increased modestly over the last five years. Both figures rose sharply in 2022 but have since stabilized and shown less rapid change (across the five years, revenues, expenses, and profits peaked in 2022). Expenses have grown moderately faster than revenues (9.95% vs. 15.16%). But when plotted as a line graph, as shown below, the changes in expenses closely track those in revenue. Both lines are in the same shape. This indicates that most operating expenses appear to fluctuate with revenue, but expenses did grow more rapidly overall. The data shows that increasing costs were not completely offset by revenue growth.

The figures indicate that insurance and claim expenses are one of the factors resulting in increasing costs. Aggregate insurance spending across the ten firms has risen from 992M to 1.53B dollars in the last five years, as shown in the figure below. This 54.4 percent increase dwarfs the increases in both revenue and expenses over the same period (9.95% and 15.16%, respectively). Seven out of the ten companies examined had insurance costs rise faster than inflation over the five-year period. One of the firms even saw insurance expenses rise by over 100 percent from 2021 to 2025. This pattern indicates that insurance and claims costs have become a more consequential financial burden for trucking companies. Because insurance costs have grown faster than revenue and overall expenses, they are likely contributing to declining profitability.

In conclusion, the financial statements of the ten largest trucking companies in the US from 2021 to 2025 communicate a few key trends in the industry. Profitability has diminished despite relatively stable revenues and expenses. Expenses have increased moderately faster than revenues, but they largely track earnings. Insurance spending has increased by over 50%, indicating that insurance and claim costs are a growing contributor to increasing costs and shrinking profits. Managing these costs will be key for trucking companies to improve profitability in slower-growth environments.

Established in 1985, Demotech, Inc. is a financial analysis firm located in Columbus, Ohio. Demotech has served the insurance industry by providing objective and independent Financial Stability Ratings® (FSRs) for Property & Casualty insurance companies, Life & Health insurance companies, and Title underwriters, among others. As the first company to have its rating process formally reviewed and accepted by Fannie Mae, Freddie Mac, and HUD, Demotech has been leveling the playing field by offering FSRs to insurers of all sizes. As of July 11, 2022, Demotech is registered with the U.S. Securities and Exchange Commission as a nationally recognized statistical rating organization (NRSRO) in the class of ratings for insurance companies.

The latest FSRs of all entities reviewed and rated by Demotech, Inc. can be found at www.demotech.com. Information on the procedures and methodologies we utilized to determine and assign credit ratings can be found at https://www.demotech.com/wp-content/uploads/Ex2.pdf. 

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SOURCE Demotech, Inc.

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OSM Worldwide Named One of Chicago’s Best Workplaces on Fortune’s 2026 List

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June 24, 2026

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Recognition Reflects a Culture Built on Trust, Growth and Employee Success

CHICAGO, June 24, 2026 /PRNewswire-PRWeb/ — OSM Worldwide, a nationwide eCommerce and direct-to-consumer (DTC) parcel expeditor, today announced it has been ranked No. 7 among small- and medium-sized companies on the Fortune Best Workplaces in Chicago™ 2026 list.

“Being recognized as one of Chicago’s best workplaces is especially rewarding because it comes directly from the people who have helped build OSM’s culture and drive its success”

The Fortune Best Workplaces in Chicago list acknowledges organizations that create exceptional workplace experiences. For the 2026 rankings, Fortune partnered with global people analytics firm Great Place to Work® to analyze confidential survey feedback from more than 60,000 U.S. employees. To be eligible, companies must be Great Place to Work Certified™ and headquartered in the Chicago region.

“Being recognized as one of Chicago’s best workplaces is especially rewarding because it comes directly from the people who have helped build OSM’s culture and drive its success,” said Eric Hermonson, vice president of human resources. “Our employees are the strength behind our company, and we’re committed to creating an environment where they can grow, contribute and build meaningful careers.”

At OSM Worldwide, investing in employees is more than a philosophy. Through professional development opportunities, competitive benefits and a collaborative culture, the company empowers team members to succeed and advance their careers. Those efforts continue to shape a workplace culture recognized among the best in Chicago.

About OSM Worldwide

OSM Worldwide is a nationwide eCommerce and direct-to-consumer (DTC) parcel expeditor averaging three-day delivery for shipments. The company harnesses the power of its signature OSM Premium Network® to optimize shipping processes, ensuring packages are delivered quickly and cost-effectively. Through advanced technology, streamlined transportation routes and strategic last-mile partnerships, it builds scalable solutions that enhance delivery results. OSM Worldwide has demonstrated sustained growth throughout its history, earning recognition on the Inc. 5000 list for 14 consecutive years and the Crain’s Chicago Business Fast 50 list for more than a decade. Headquartered in Chicago, with facilities in Atlanta, Dallas, Las Vegas and York, Pa., OSM Worldwide is dedicated to delivering more for clients.

For more information, please visit osmworldwide.com.

Media Contact

Christine Kelley, OSM Worldwide, 1 847-233-9999, ckelley@osmworldwide.com, osmworldwide.com

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SOURCE OSM Worldwide

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PRIVACY ALERT: One Medical Under Investigation for Data Breach Affecting Iora Health/One Medical Seniors Patients

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June 24, 2026

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SAN FRANCISCO, June 24, 2026 /PRNewswire/ — Schubert Jonckheer & Kolbe LLP is investigating a data breach involving the unauthorized access of a third-party file storage system containing archived patient data belonging to One Medical, the Amazon-owned primary care provider formerly known as Iora Health.

On June 13, 2026, One Medical identified unauthorized access to a third-party file storage system containing data of One Medical Seniors (formerly Iora Health) patients. The breach occurred between June 8 and June 11, 2026. The file storage platform contained demographic information and clinical records of former Iora Health/One Medical Seniors patients in Atlanta, Cape Cod, Charlotte, Piedmont Triad, Denver, Houston, Phoenix, Tucson, and Seattle.

The ShinyHunters data extortion group has claimed responsibility for the breach, alleging it exfiltrated 8.8 terabytes of data and threatening to publish the stolen information. The exact types of data exposed and the total number of affected individuals have not yet been publicly disclosed. The following data may have been compromised in the breach: demographic information and clinical records of Iora Health/One Medical Seniors patients.

If your personal information was impacted by this incident, you may be at risk of identity theft and other serious violations of your privacy. As a result, you may be entitled to money damages and an injunction requiring changes to One Medical’s cybersecurity practices.

If you received notification of this data breach or are affiliated with One Medical and wish to obtain additional information about your legal rights, please contact us today or visit our website at https://www.classactionlawyers.com/onemedical.

About Schubert Jonckheer & Kolbe LLP
Schubert Jonckheer & Kolbe represents shareholders, employees, and consumers in class actions against corporate defendants, as well as shareholders in derivative actions against their officers and directors. The firm is based in San Francisco, and with the help of co-counsel, litigates cases nationwide.

Contact
Sonum Dixit
Schubert Jonckheer & Kolbe LLP
sdixit@sjk.law
Tel: 415-299-8207

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SOURCE Schubert Jonckheer & Kolbe LLP

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Jeremy Yono Financial Planning Announces Launch of Enhanced Client Resource Platform Featuring Budgeting and Retirement Planning Tools

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June 24, 2026

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New Digital Platform Expands Access to Financial Education Resources and Planning Tools for Individuals and Businesses

DETROIT, June 24, 2026 /PRNewswire/ — Jeremy Yono Financial Planning, a Detroit-based financial services firm specializing in long-term wealth management and strategic financial planning, has announced the launch of its enhanced Client Resource Platform, a digital initiative designed to provide individuals and businesses with expanded access to budgeting resources, retirement planning tools, and practical financial education materials.

The updated platform reflects the firm’s ongoing commitment to helping clients make informed financial decisions through accessible, research-driven resources that support long-term financial stability. By offering educational content and planning tools in a centralized digital environment, Jeremy Yono Financial Planning aims to make critical financial information more readily available to clients navigating an increasingly complex economic landscape.

The launch represents a strategic expansion of the firm’s client support infrastructure and aligns with its broader mission of promoting financial literacy, responsible money management, and sustainable wealth-building practices.

Expanding Access to Practical Financial Planning Resources

As economic conditions continue to evolve and financial planning becomes increasingly important for households and businesses alike, many individuals seek reliable guidance that can help them better understand budgeting, retirement preparation, investment planning, and financial risk management.

The enhanced Client Resource Platform has been developed to address these needs by providing users with practical tools and educational resources that can complement professional financial planning services. The platform is designed to help users better understand the principles behind effective financial decision-making while supporting the implementation of long-term financial strategies.

Among the platform’s primary features are budgeting resources intended to help individuals evaluate spending patterns, establish financial goals, and create sustainable plans for managing income and expenses. These tools are designed to encourage disciplined financial habits and improve overall financial awareness.

The retirement planning section of the platform provides educational resources focused on long-term preparation, helping users better understand retirement savings strategies, income planning considerations, and wealth preservation concepts. By making these resources available in a user-friendly format, the firm seeks to empower clients to take a more active role in preparing for future financial needs.

The platform also serves as an educational hub where users can access financial insights, planning concepts, and informational materials developed to support informed decision-making. The goal is not to replace personalized financial guidance but rather to enhance clients’ understanding of the financial planning process and improve engagement with long-term wealth management strategies.

According to the company, the initiative reflects growing demand for accessible financial education resources that help individuals and organizations make more informed decisions in a rapidly changing economic environment.

Supporting Long-Term Financial Stability Through Education

Jeremy Yono Financial Planning has built its reputation around providing practical financial guidance rooted in discipline, strategic planning, and long-term thinking. The launch of the enhanced Client Resource Platform extends that philosophy by creating additional opportunities for clients to engage with financial concepts outside of traditional consultations.

The firm believes that financial literacy remains one of the most important components of long-term financial success. Access to clear, understandable information can help individuals better evaluate opportunities, manage financial risks, and establish realistic goals that align with their personal and professional objectives.

Through the new platform, the company aims to reduce barriers to financial education by presenting information in a straightforward and accessible manner. The resources have been designed to serve a broad audience, including young professionals beginning their financial journeys, families planning for future milestones, entrepreneurs managing business growth, and individuals preparing for retirement.

For business owners, the platform provides access to information that can support financial planning decisions related to cash flow management, budgeting practices, and long-term financial strategy. These resources complement the firm’s business finance consulting services and reflect its commitment to supporting sustainable organizational growth.

The launch also reinforces the firm’s belief that successful financial planning requires more than short-term reactions to market conditions. Instead, it emphasizes the importance of consistent decision-making, careful analysis, and long-range planning. By making educational resources more readily available, the company hopes to encourage proactive financial management and greater confidence among clients.

As financial markets, regulatory environments, and economic conditions continue to evolve, the need for reliable financial education remains significant. Jeremy Yono Financial Planning views the platform as an important step toward helping clients navigate these challenges with greater clarity and preparedness.

Strengthening Community Financial Literacy Initiatives

The enhanced Client Resource Platform also supports the firm’s broader efforts to promote financial literacy throughout the Detroit community and beyond. Jeremy Yono Financial Planning has long emphasized the importance of expanding access to practical financial knowledge, particularly among young professionals, entrepreneurs, and underserved populations.

Financial education plays a critical role in helping individuals build economic resilience and improve long-term financial outcomes. By providing educational resources through a digital platform, the company seeks to broaden its reach and create additional opportunities for individuals to access useful financial information regardless of their stage in life.

Detroit’s entrepreneurial culture and history of resilience have helped shape the firm’s approach to financial planning and community engagement. The company recognizes that strong financial foundations contribute to stronger communities, more sustainable businesses, and improved economic opportunities for future generations.

The new platform represents an extension of these values, combining technology, education, and financial planning principles into a resource that can support informed decision-making across a wide range of financial situations.

Looking ahead, Jeremy Yono Financial Planning plans to continue expanding educational initiatives and client resources that align with its mission of promoting responsible financial management and long-term wealth creation. The firm remains focused on delivering practical guidance, supporting financial literacy efforts, and helping clients navigate financial challenges with confidence.

By enhancing access to budgeting tools, retirement planning resources, and educational content, the company continues its commitment to fostering financial stability and empowering individuals and businesses to pursue sustainable financial growth.

About Jeremy Yono Financial Planning

Jeremy Yono Financial Planning is a Detroit-based financial services firm focused on long-term wealth management, strategic financial planning, and practical investment guidance for individuals and businesses. The company provides personalized financial solutions including portfolio strategy, retirement planning, budgeting, business finance consulting, and risk management services. Through research-driven planning and a commitment to financial education, Jeremy Yono Financial Planning helps clients pursue sustainable financial growth while promoting economic resilience and responsible money management.

Contact

Jeremy Yono Financial Planning
Detroit, Michigan
Email: jeremy@financialplanning.com
Website: https://jeremyyono.com/

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