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Daseke's (NASDAQ: DSKE) go-forward strategy will expand on its recently completed operational restructuring and include accretive acquisitions. Those plans were outlined in an interview FreightWaves had with Interim CEO Jonathan Shepko and CFO Jason Bates.
On Friday, the nation's largest flatbed truckload provider reported fourth-quarter adjusted earnings per share of 12 cents, excluding results from a divested unit. That was better than the consensus expectation calling for a 4-cent loss and last year's 6-cent result.
Next phase of streamlining operations
The heavy lifting for Daseke has been completed. Those efforts included consolidating its network of separately operated carriers from 16 to nine, divesting its oil rig transportation segment Aveda, disposing of underutilized equipment, reducing headcount and building out its C-suite.