February 20, 2015 - Industry News
The logistics and customized freight transportation provider Universal Truckload Services Inc. has reported earnings showing profits declined slightly in the final quarter of last year and for all of 2014.
Tags: Fleets, Earnings, Universal Truckload
February 18, 2015 - Industry News
XPO Logistics released financial numbers on Wednesday showing a net loss of $9.9 million for the fourth quarter of 2014, compared with a net loss of $10.6 million for the same period in 2013.
Tags: Fleets, Earnings, XPO Logistics
Singapore’s global container shipping and logistics company Neptune Orient Lines Ltd. has reached an agreement to sell its APL Logistics business for $1.2 billion.
Tags: Fleets, Mergers & Acquisitions, Port Trucking, Intermodal
February 16, 2015 - Industry News
Non-asset based trucking and logistics provider Radiant Logistics Inc. managed to triple its net income during the most recent quarter, but it was still just barely in the black.
Tags: Fleets, Earnings, Radiant Logistics
February 13, 2015 - Industry News
The American Trucking Association’s Technology and Maintenance Council is holding its Annual Meeting from Feb. 16-19 at the Music City Center in Nashville. This year’s event will be themed “Fueling the Future.”
Tags: ATA, Events, TMC, Alternative Fuels, Fleets
February 12, 2015 - Industry News
Regional parcel carrier LSO, has announced the acquisition of Express Courier International, a same-day carrier in the southeast and mid-south region, to form what it describes as “a super-regional parcel carrier.”
Tags: Fleets, Mergers & Acquisitions
February 11, 2015 - Industry News
The time-definite trucking and logistics services provider Forward Air Corp. has released figures showing a modest increases in earnings.
Tags: Fleets, Earnings, Forward Air
USA Truck Inc. on Wednesday reported net income of $6.03 million for 2014, its first annual profit following five straight years of losses.
Tags: Fleets, Earnings, USA Truck
February 6, 2015 - Industry News
Hub Group Inc. did something few other large publicly traded trucking operations have done in announcing earnings: It reported a slight decline in profits.
Tags: Fleets, Earnings, Hub Group
Echo Global Logistics Makes Purchase, Increases Profit Almost 70%
Tags: 3PL, Fleets, Mergers & Acquisitions, Echo Global Logistics
February 5, 2015 - Industry News
The parent to several trucking companies, including YRC Freight, released earnings Thursday showing an improvement in the fourth quarter, but the company was still in the red for all of last year.
Tags: Fleets, Earnings, YRC Worldwide
The one-time head of the defunct Arrow Trucking has pleaded guilty to charges of tax fraud and faces many years in prison.
Tags: Arrow Trucking, Oklahoma, Crime & Fraud, Fleets, People
The less-than-truckload carrier Old Dominion Freight line has reported net income for the final quarter of 2014 rose 48.2% to $69.9 million from $47.2 million a year earlier.
Tags: Old Dominion Freight Line, Fleets, Earnings
Forward Air Corp. has announced its Forward Air Inc. business has reached an agreement to purchase the trucking services provider CLP Towne Inc.
Tags: Fleets, Mergers & Acquisitions, Forward Air
February 4, 2015 - Industry News
Michigan-based trucking and logistics provider Con-way Inc. on Wednesday reported its fourth quarter 2014 profit was more than twice what it was a year earlier.
Tags: Con-way Freight, Fleets, Earnings, Con-way Truckload, Con-way Inc.
The third party logistics provider C.H. Robinson Worldwide Inc. reported on Tuesday a 21.5% increase in net income for the final quarter of last year while it improved 8.1% for all of 2014.
Tags: 3PL, Fleets, Earnings, C.H. Robinson
The less-than-truckload services provider Saia Inc. has purchased LinkEx Inc. an asset-light, third-party logistics provider based in Dallas, Texas.
Tags: 3PL, Fleets, Mergers & Acquisitions, Saia
The parent company to trucking operations ABF Freight, Panther Premium Logistics and others reported profit increased 41% in the final quarter of 2014 while it nearly tripled for all of last year.
Tags: Fleets, Earnings, ABF, ArcBest Corp.
February 3, 2015 - Industry News
The trucking company Heartland Express Inc. on Tuesday announced fourth quarter 2014 earnings showing net income increased 36% from the same time in 2013 totaling $21.5 million.
Tags: Fleets, Earnings, Heartland Express
Depending on how you look at it, parcel and trucking giant UPS either saw its fourth quarter profit fall a little or a lot compared to a year earlier, thanks to expenses incurred avoiding the previous year's holiday delivery delays.
Tags: UPS, Fleets, Earnings, UPS Freight
January 30, 2015 - Industry News
FedEx Corp. announced on Friday it completed the acquisition of Genco Distribution System Inc., one of the largest third-party logistics providers in North America.
Tags: 3PL, Fleets, Mergers & Acquisitions
The Truckload Carriers Association and the driver training company CarriersEdge have selected 20 trucking companies from across North America as top fleets in the Best Fleets to Drive For competition.
Tags: Truck Drivers, Competition, Fleets, TCA, Best Fleets to Drive For, CarriersEdge, Truckload Carriers Association
The less-than-truckload and logistics services provider Saia Inc. on Friday reported a significant hike in its fourth quarter net income, totaling $13.6 million compared to $8.1 million a year earlier.
Tags: Fleets, Earnings, Saia
Net income totaled $32.7 million while revenue increased 7% to $553.2 million. Earning per diluted share were up 49% to 45 cents.
Tags: Werner Enterprises, Fleets, Earnings
January 29, 2015 - Industry News
The trucking operation Landstar System Inc. reported record quarterly revenue on Thursday as part of its fourth quarter earnings release.
Tags: Fleets, Earnings, Landstar System
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