DASEKE INC. overview

Daseke Further Advanced its Capital Allocation Priorities During the quarter, Daseke reduced its term-loan balance by an additional $20 million: Year-to-date, Daseke deployed cash on hand to reduce its term-loan balance by $70 million and redeem all Series B-1 shares (13% dividend rate) for $20 million Actions deliver on stated commitment to balance sheet strength, reduce associated future cash interest and preferred dividend payments, and further decrease the Company's cost of capital...

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 9 th at 11:00 AM ET to discuss the financial and operational results of its second quarter, ended September 30, 2023. Participants are encouraged to join via a listen-only mode with this link: https://edge.media-server.com/mmc/p/6xzqpdvm . For participants that prefer to dial in by phone, please register with this link:...

Second-Quarter 2023 Highlights (comparisons to first-quarter 2023) Revenue of $407 million and revenue net of fuel surcharge of $362 million, growth of $8 million and $14 million, respectively, due to strong operational execution and a $0.05 rate per mile improvement Operating ratio of 95% and adjusted operating ratio of 92%, improved from 97% and 93%, respectively Net income improved to $6 million, or $0.07 earnings per diluted share attributable to common stockholders (EPS), compared to $1...

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 3 rd at 11:00 AM ET to discuss the financial and operational results of its second quarter, ended June 30, 2023. Participants are encouraged to join via a listen-only mode with this link: https://edge.media-server.com/mmc/p/q4wahgpq . For participants that prefer to dial in by phone, please register with this link:...

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. For additional information, please refer to the Company’s March 3,...

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 Subsequent to Quarter End, Daseke Advanced its Capital Allocation Priorities Reduced term-loan balance with $50.0 million of cash on hand, decreasing future interest expense Redeemed all Series B-1 shares (13% dividend rate) with $20.3...

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 9 th at 11:00 AM ET to discuss the financial and operational results of its first quarter ended March 31, 2023. Participants are encouraged to join via a listen-only mode with this link: https://edge.media-server.com/mmc/p/jsphwmsp For participants that prefer to dial in by phone, please register with this link:...

ADDISON, Texas, March 03, 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, today announced that Executive Vice President (“EVP”) and Chief Operating Officer (“COO”) Rick Williams will retire from his current position after a successful 36-year career in the transportation industry. Scott Hoppe, currently President and Chief...